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Asia-Pacific News Australia


  • Asian Stocks End Mostly Higher, Dollar Firm Wednesday, 7 Jan 2009 | 5:07 AM ET

    Asian stocks were mostly higher Wednesday, extending their recent rally into an eighth straight day, inspired by hopes massive U.S. government spending and tax cuts will continue to support the dollar and stimulate demand for exports.

  • Asian Stocks Rise on Hopes of Recovery Tuesday, 6 Jan 2009 | 5:37 AM ET

    Asian markets were mostly higher Tuesday despite some weakness on Wall Street, with shares of Japanese exporters spurred by recent weakness in the yen.

  • Asian Stocks Hit 2-Month High as Risk Returns Monday, 5 Jan 2009 | 5:05 AM ET

    Asian stocks hit a two-month high Monday, with investors betting the global economy will start to recover later this year by shedding some of their big holdings of safe-haven government bonds.

  • Asian Markets Start 2009 on a Quiet Note Friday, 2 Jan 2009 | 6:06 AM ET

    It's a quiet start to the New Year in Asia this Friday, with major markets like Japan and China closed for holidays. Trading volumes are very thin with many investors still away on vacation.

  • Asian Markets Suffer Record Losses in 2008 Tuesday, 30 Dec 2008 | 7:45 PM ET

    Asian markets ended the last trading session of 2008 mostly higher. However, markets suffered record losses for the whole year.

  • Asian Markets Mixed, Nikkei Ends Miserable Year Tuesday, 30 Dec 2008 | 5:08 AM ET

    Asian markets closed mixed Tuesday in thin year-end trading. Oil prices and shares of resource producers rose as violence in the middle east escalated stirring caution among investors and denting the dollar.

  • Asia Markets Are Mixed But Japan Ends in the Black Monday, 29 Dec 2008 | 5:20 AM ET

    Asian stocks closed  mixed Monday with Japan pushing back into the black right at the end of the Nikkei's trading session. Bank and financial shares weaker and energy-sensitive shares such as airlines falling on the oil rebound. Trading activity was limited before New Year's holiday.

  • Asian Markets Close Mixed Thin Holiday Trade Tuesday, 23 Dec 2008 | 7:20 PM ET

    Asian stocks finished the Christmas Eve session mixed with markets closing early, in holiday-thinned trade Wednesday.

  • Asian Stocks Drop for Third Day as 2008 Winds Down Tuesday, 23 Dec 2008 | 5:02 AM ET

    Asia stock markets retreated for a third straight day Tuesday as more investors locked in profits on the year-end rally and prepared to close their books on one of the worst years in decades.

  • Asian Markets Dip But Japan Manages a Gain Monday, 22 Dec 2008 | 5:13 AM ET

    Asia markets were mostly lower Monday though Japan managed to finish higher, while the dollar retreated after the U.S. government's $17.4 billion of rescue loans to ailing automakers last week.

  • Asian Stocks Mostly Higher on Rate Cut Hopes Thursday, 18 Dec 2008 | 5:20 AM ET

    Asian markets were mostly higher, helped by property and bank shares, on hopes policymakers will follow the Fed's lead and cut rates with abandon to spur growth. But the U.S. dollar sank to 13-year lows against the yen.

  • Asia Stocks End Higher after Fed Rate Cut Wednesday, 17 Dec 2008 | 5:03 AM ET

    Asia stocks rose and the U.S. dollar remained under pressure Wednesday after the Federal Reserve cut rates to a record low, paving the way for regional policymakers to take more aggressive actions to support growth.

  • Asian Markets Falter, Eyes on US Fed Rate Decision Tuesday, 16 Dec 2008 | 5:11 AM ET

    Asian markets were mostly lower Tuesday, ahead of an expected 10th rate cut by the U.S. Federal Reserve since the financial crisis began and likely dismal results from Goldman Sachs, while the dollar hit a two-month low against the euro.

  • Auto Bailout Hopes Lift Asia, Japan Climbs 5% Monday, 15 Dec 2008 | 5:37 AM ET

    Asian markets made strong gains Monday with both Japan and South Korea climbing 5%  on renewed hopes for a bailout of the U.S. automaker industry.

  • Asian Markets Tank as Auto Bailout Collapses Friday, 12 Dec 2008 | 5:21 AM ET

    Asian markets were hit hard by news the U.S. Senate had failed to reach an agreement on a bailout plan to rescue the ailing Big Three automakers. Losses in the Japanese market accelerated in the afternoon as a sharp selloff in key auto stocks put pressure on the market

  • Economic Uncertainty Weighs on Asia Markets Thursday, 11 Dec 2008 | 5:21 AM ET

    Stocks in Asia were mixed Thursday as concerns over the global economy once again took center stage, while renewed uncertainty about the U.S. auto bailout plan sparked a subtle shift towards assets seen safer such as the yen.

  • Asian Stocks Rally on Hopes of State Aid Wednesday, 10 Dec 2008 | 5:25 AM ET

    Asian stocks hit a one-month high Wednesday on hopes for government-led help for key sectors such as technology, which encouraged risk-taking to the detriment of assets perceived as safer.

  • Asian Stocks End Mixed, US Economy in Focus Tuesday, 9 Dec 2008 | 5:10 AM ET

    Asian stocks were mixed Tuesday. Any gains were kept in check as hopes for big government spending to revive growth were offset by investors shying away from risk in wrapping up a brutal 2008.

  • Seoul Gains 7.5% as Asia Rallies Despite US Woes Monday, 8 Dec 2008 | 5:09 AM ET

    Asia markets rallied sharply Monday, with investors taking heart from a rescue plan for U.S. automakers and hopes that the sharp drop in oil prices will ease some of the pain for households facing mounting layoffs.

  • Asian Stocks End Mostly Higher Friday, 28 Nov 2008 | 5:16 AM ET

    Sydney and Tokyo led Asian bourses higher in what was a mixed day for the region marked by thin trade as investors stayed on the sidelines in the wake of the U.S. Thanksgiving Day holiday.