- 123jump.com Staff
- 05 Jan, 2009
- New York City
Stocks in Mumbai surged after the Reserve Bank of India cut interest rate to eight-year low. In volatile trading stocks edged above 10,000. The government lifted restrictions for foreign investors and promised more capital for state controlled banks.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Manufacturing index in China dropped for the third month in a row as companies shrink labor force and orders weaken. China plans to unveil stimulus package for auto industry aimed at encouraging sale of low emission cars. China issued third generation telecom licenses.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Stocks in Japan rose after the yen fell and on the hopes that U.S. tax relief will stimulate demand for exports from Japan. Vehicle sales in December dropped 23% and for the year declined 6.5% from a year ago. Vehicle sales declined for the fifth year in a row.
- 123jump.com Staff
- 05 Jan, 2009
- New York City
Australian stocks dropped on weak trading on media speculation that the Reserve Bank of Australia is not expected to lower interest rate at the next meeting in February. PanAust led advancers in the ASX 200 index shares with a surge of 106% after rolling over its US$80 million subordinated debt.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
London stocks closed higher boosted by gains in the energy and commodity sectors. The Land Registry reported that annual house prices in England and Wales slumped 12.2% in November.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Major European markets sustained gains from early trading on Tuesday to end the trading session higher. The CAC 40 Index outperformed leading benchmarks, closing 2.76% up.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Indian stocks ended the trading session higher boosted by expectations of rate cuts by the Reserve Bank of India. In the meantime, local brokers announced that the country''s economic growth was likely to ease between 6% and 7%.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Shares in Hong Kong missed to capitalize on gains across Asian exchanges as pessimism prevailed due to tensions in the Middle East. Chinese authorities, meanwhile, unveiled a plan to create 9 millions jobs in urban areas through a number of initiatives in 2009.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Moderate gains from Tokyo stocks at market close on Tuesday proved to be only mild relief as Nikkei witnessed its greatest annual loss ever. Barclays Capital expressed concerns that the local economy may suffer its worst quarterly decline since 1974.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Major European bourses advanced in early trading on Tuesday in the wake of gains across Asia-Pacific. The DAX Index rose 1.58% in Frankfurt.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Stock markets across Asia-Pacific were mostly on the rise Tuesday with exchanges in Japan, South Korea, Australia, India, Malaysia and Thailand closing in positive territory. China and Hong Kong missed out on the rally with both CSI 300 and Hang Seng sliding into red.
- 123jump.com Staff
- 30 Dec, 2008
- New York City
Energy stocks lent support to ASX 200 on Tuesday amid rising concerns over the conflict in the Middle East. Fears of a ground operation launched by Israel in Gaza sent oil prices higher.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
India government will announce the second stimulus package for this fiscal year and the one for 2009 to 2010 in the next few days to boost economic growth.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
The Nikkei 225 Index in Tokyo closed higher 7.65 or 0.09%. Hang Seng index in Hong Kong rose 1.02%.
- 123jump.com Staff
- 29 Dec, 2008
- New York City
Hong Kong market indices rose on towering oil prices and the conflict between Israel and Hamas fuelling worries that hostilities will affect oil supplies. China Iron and Steel Association announced the country''s steel plants posted a combined loss of Rmb12.77 billion in November.