Asia markets higher amid optimism about global recovery; Europe gainsSeptember 22nd, 2009 Asia markets higher amid recovery optimismHONG KONG — Asian stock markets were narrowly higher Tuesday amid optimism the region's economies can help lead a global recovery. European markets also rose.
Stocks rise as investors look to merger discussions as promising sign for economic recoverySeptember 8th, 2009 Stocks rise as merger news boosts investors' moodNEW YORK — News about mergers is making investors more optimistic about the economy and giving them new reasons to buy stocks. Stocks rose early Tuesday as investors were encouraged by news from overseas.
Oil hovers near $70 in Asia as investors eye stocks for clues on economic recoverySeptember 1st, 2009 Oil hovers near $70 as investors eye stocksSINGAPORE — Oil prices hovered near $70 a barrel Tuesday in Asia after a pullback in global stocks triggered a sharp drop the previous day. Benchmark crude for October delivery was up 28 cents at $70.24 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Asia stocks slide as investors tread cautiously; China off 3.5 pct on recovery fearsAugust 25th, 2009 Asian stocks slide amid caution, China off 3.5 pctHONG KONG — Asian stocks dropped Monday, with China's main index tumbling more than 3 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. The selling came after the region advanced for three straight days and showed just how volatile the markets have become as investors try to determine if this year's rally has more momentum given the world economy's fragile state.
Asia stocks slide as investors tread cautiously; China off 2.5 percent on recovery fearsAugust 25th, 2009 Asian stocks slide amid caution, China off 2.5 pctHONG KONG — Asian stocks dropped Tuesday, with China's main index tumbling about 2.5 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. The selling came after the region advanced for three straight days and showed just how volatile the markets have become as investors try to determine if this year's rally has more momentum given the world economy's fragile state.
Asia stocks extend sell-off as investors unable to shake recovery worries; Shanghai down 1 pctAugust 18th, 2009 Asia stocks extend sell-off amid recovery fearsHONG KONG — Most Asian stock markets veered lower a second day Tuesday, extending a worldwide sell-off amid continuing fears about the pace of economic recovery. Shanghai's market was up 0.2 percent in a volatile session a day after tumbling nearly 6 percent to its worst finish in two months.
Asian stocks up modestly after positive earnings, Bernanke comment; Tokyo gains nearly 1 pctJuly 22nd, 2009 Asia stocks up after US earnings, Bernanke commentHONG KONG — Asian stocks rose modestly Wednesday after more U.S. companies posted stronger earnings and the Federal Reserve's chairman said the world's largest economy was on pace to recover this year.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
World stocks fall, taking breather from rally, as global recovery prospects mulledJune 15th, 2009 World stocks fall as recovery prospects mulledTOKYO — World stocks retreated Monday as investors assessed whether recent signs of improvement in the recession-hit global economy justify the enormous rally in markets since March. Over the weekend, finance ministers from the Group of Eight industrialized nations, meeting in Italy, acknowledged "signs of stabilization in our economies." But they also said it was too early to withdraw massive fiscal and monetary stimulus because the fallout from the financial and economic crisis wasn't over.
Metals, energy prices higher as dollar weakness sends investors in search of inflation hedgeJune 12th, 2009 Gold, other commodities higher as dollar wanesNEW YORK — Most commodities are higher as weakness in the dollar sends investors in search of a shelter from inflation. The dollar is lower against the euro and the British pound amid more evidence that the economy's slide is abating.
Oil jumps above $69 in Asia as investors mull economy, US dollarJune 9th, 2009 Oil jumps above $69 amid 3-month rallySINGAPORE — Oil prices rose above $69 a barrel Tuesday in Asia as traders brushed off concerns that the doubling of crude since March is out of step with a weak global economy. Benchmark crude for July delivery was up 98 cents at $69.07 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil hovers above $68 in Asia as investors seek protection from inflation, weakening dollarJune 3rd, 2009 Oil hovers above $68 as traders eye weaker dollarSINGAPORE — Oil prices hovered above $68 a barrel Wednesday in Asia near a seven-month high as investors sought a safe haven in commodities from a weaker U.S. dollar and inflation.
Positive news out of Asia propels dollar-selling; buck sinks to multimonth lows vs euro, poundMay 29th, 2009 Dollar sinks to multimonth lows on Asian dataNEW YORK — The dollar fell steeply to multimonth lows Friday as strong economic reports from Japan and India sparked hope in a global economic recovery. Equities in Europe and Asia turned higher, with heavy buying in emerging markets.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
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