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Asia-Pacific News Australia


  • Stock Picker: Diversity is the Key Tuesday, 20 Jan 2009 | 5:38 AM ET

    Wouter Weijand from Fortis Investors recommended three stocks in three different parts of the world -- stocks he sees as strong picks for investors: The Netherlands' Koninklijke DSM, Australia's Toll Holdings, and the US's Boardwalk Pipeline Partners. All three companies have been fairly beaten up in the past year but still have high yields.

  • Asian Markets Tumble on Global Banking Woes Tuesday, 20 Jan 2009 | 5:11 AM ET

    Asian markets slumped Tuesday on concerns that increasing woes in the global financial sector will deepen the world's economic downturn, highlighting the difficulties confronting incoming U.S. President Barack Obama.

  • Asian Markets Are Mostly Higher on Obama Hopes Monday, 19 Jan 2009 | 5:16 AM ET

    Asian markets were mostly higher Monday while the greenback lost ground as investors looked for U.S. President-elect Barack Obama to quickly roll out hefty economic stimulus spending and a revived plan to buy bad bank assets.

  • Asian Shares Rise But Earnings Worries Persist Wednesday, 14 Jan 2009 | 5:18 AM ET

    Major Asian markets rose on Wednesday, with markets from Japan to China and Australia logging decent gains, but continued worries about corporate earnings persisted.

  • Asian Markets Hit by Profit Woes Tuesday, 13 Jan 2009 | 5:07 AM ET

    Fears of steep losses at corporate bellwethers from Citigroup to Sony hit Asian shares on Tuesday, signaling the extent of the global economic slowdown and bolstering less risky assets such as government debt.

  • Asian Stocks Decline, Slowdown Fears Remain Monday, 12 Jan 2009 | 10:18 AM ET

    Asian stocks slipped for a fourth consecutive session and the yen climbed against the euro Monday, as a relentless global economic slowdown renewed investor caution about taking on risk.

  • Asian Markets Waver Ahead of Jobs Data Friday, 9 Jan 2009 | 5:18 AM ET

    Asian markets were mixed Friday, with South Korea's Kospi shedding 2 percent after the central bank cut rates.

  • Asian Stocks Drop as Economic Fears Return Thursday, 8 Jan 2009 | 5:07 AM ET

    Asian stocks dropped sharply Thursday, with a recent rebound in investor willingness to take risks jeopardized by dire U.S. private employment data and fears about corporate earnings.

  • 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.