Asian stocks climbed on Tuesday after a strong session on Wall Street which saw the Dow Jones Industrials finishing 20 points shy of 12,000.
HSBC’s new chief executive has dropped plans to relocate to Hong Kong, choosing to remain in London. The FT reports.
Asian stocks were higher on Monday on mild bargain buying after a sell-off last week.
Asian stocks finished mostly lower on Friday on concerns over further tightening measures by China after the latest growth figures released on Thursday showed the economy continuing to power ahead.
The risk of a hard landing in China is growing. It is now clear that Beijing is going to have to intensify its efforts to slow down the economy, because new figures show growth soaring past forecasts and inflation slowing less than expected.
Asian stocks finished lower with substantial declines for Chinese shares on worries stronger than expected growth could lead to tighter monetary policy.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
Asian markets were mixed on Tuesday, but technology plays outperformed despite news the Apple Chief Executive Steve Jobs would take medical leave for the third time since 2004.
Asian stock markets were mostly lower on Monday after the latest tightening move from China's central bank.
Asian stocks closed mixed on Friday, weighed down by a drop in resources-related shares as commodity prices declined.
Asian stocks rose on Thursday after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and U.S. stocks.
Asian stocks rose on Wednesday as global markets halted recent losing streaks and posted modest gains on the back of solid earnings reports and positive broker comments, while investors await the outcome of debt issuance in the euro zone.
Asian stock markets ended mixed on Tuesday as government debt burdens in Europe weighed on investor sentiment.
Asian stocks mostly traded to the downside on Monday, after a lackluster U.S. job report drove Wall Street lower Friday, but trading volume was light with Japan markets closed for a public holiday.
Asian markets ended mixed on Friday as investors stayed cautious ahead of the U.S. nonfarm payrolls report.
Japanese shares rallied on Thursday as investors snapped up shares of Japanese exporters after the dollar hit two-week highs against the yen, but markets elsewhere in Asia were more subdued ahead of the influential U.S. non-farm payrolls report.
Asian markets closed mixed on Wednesday following a broad commodities selloff but losses were limited as stronger-than expected U.S. factory data lent support.
Japanese stocks led Asian equities higher on Tuesday, climbing to their highest since May, with investors betting the improving U.S. recovery may be reflected in jobs data later in the week.
South Korean shares stole the limelight on the first trading day of 2011 as the KOSPI rose nearly 1 percent to end at a record closing high. But volume was thin overall with many major markets closed for a public holiday.
Multicolored starbusts and gigantic sparklers lit the midnight sky over Sydney Harbor in a dazzling fireworks show witnessed by 1.5 million enthusiastic spectators who camped out all day to ring in the new year.