Market News
Hong Kong stocks rallied after upbeat PMI reading
Thu, 22 Nov 2012 12:31:01 GMT
Hong Kong shares climbed after HSBC Flash PMI indicated that the country's industrial activity expanded to 50.4 this month compared to October's figure of 49.5. Moreover, hopes that Chinese government >>
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Dow climbed ahead of Thanksgiving day
Thu, 22 Nov 2012 12:19:59 GMT
Dow moved higher on Wednesday on mixed signals from the national economy. US preliminary PMI data showed that manufacturing activity expanded more than expected this month. However, positive numbers were >>
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US equities closed higher on strong PMI data
Thu, 22 Nov 2012 12:09:03 GMT
US stocks closed higher ahead of Thanksgiving day on mixed data from domestic economy. US flash PMI rose more than expected in November, while UoM consumer sentiment was revised down. >>
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European equities rise amid Chinese Manufacturing expansion
Thu, 22 Nov 2012 11:47:00 GMT
European shares rose for the fourth consecutive day as recent report showed Chinese manufacturing expanded. The Stoxx Europe 600 Index gained 0.3% to 270.79. The reading has surged 16% from >>
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China's manufacturing expands first time in more than a year
Thu, 22 Nov 2012 11:35:59 GMT
China's manufacturing sector expanded for the first time in more than a year, signalling that economic growth in the world's second-largest economy is rebounding following a 7-quarter slowdown. The preliminary >>
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Oil trades up on growing supplies and improved Chinese manufacturing
Thu, 22 Nov 2012 11:25:01 GMT
Oil was trading close to its highest level in three days as Chinese manufacturing expanded and stockpiles dropped unexpectedly in the U.S. The inventory of crude fell 1.47 million barrels >>
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Euro gains before European leaders meeting today
Thu, 22 Nov 2012 11:14:00 GMT
The 17-nation currency advanced versus most of the major peers before European officials resume talks on bailout for Greece next week. The Euro rose versus the U.S. Dollar and Yen >>
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Won falls as fluctuations in exchange rate are excessive
Thu, 22 Nov 2012 10:51:59 GMT
South Korea's Won weakened for a second day as Deputy Finance Minister Choi Jong Ku said measures should be undertaken to curb fluctuations in the exchange rate. The won lost >>
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Sugar slumps on global supply glut
Thu, 22 Nov 2012 10:41:00 GMT
Farm commodities apart from coffee retreated on Wednesday on weak risk appetite on the market amid lack on Greek bailout decision and concerns over the US fiscal cliff. Moreover, stronger >>
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Gold appreciates on higher holdings
Thu, 22 Nov 2012 10:18:58 GMT
Gold advanced after banks joined to investors in enhancing the holdings and the common currency appreciated against the dollar. Spot gold gained 0.2% to $ 1,730.65 an ounce. The U.S. >>
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Asian shares rally on positive Chinese and U.S. data
Thu, 22 Nov 2012 08:46:08 GMT
Asian shares advanced to their highest level in two weeks on positive U.S. unemployment and Chinese manufacturing data. The MSCI Asia Pacific Index (MXAP) surged to 0.8%, while the Nikkei >>
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Euro appreciates on Greek budget talks
Wed, 21 Nov 2012 20:13:04 GMT
The common currency appreciated versus majority of its major counterparts amid growing optimism that the eurozone's finance ministers will finally agree on Greek debt-reduction plan. The euro was at $ >>
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U.S. budget talks slow down the consumer confidence
Wed, 21 Nov 2012 20:01:59 GMT
U.S. consumer confidence dropped in November on concerns over federal tax increase and government spending cut programs in the year 2013. The index tracking consumer sentiment slightly increased to 82.7, >>
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Belgium consumer confidence the worst since 2009
Wed, 21 Nov 2012 19:50:58 GMT
The National Bank of
Belgium reported Belgian consumer confidence dropped in November, touching its
lowest level in three years. The consumer sentiment indicator fell to -24 from
-17 the prior month, showing the >>
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German stocks ease up; SAP leads gains
Wed, 21 Nov 2012 16:42:06 GMT
German equities inched up on Wednesday despite escalated uncertainty over Greece after the Eurogroup meeting ended with no decision. The eurozone's finance ministers agreed to meet again on Monday to >>
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