Asian share markets mostly down on Tuesday

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Source: Marketwatch
Asian stock markets traded mostly lower on Tuesday as investors became cautious amid lack of monetary stimulus from Chinese government. Shanghai Composite lost 1.68%, while Japanese Nikkei 225 gave up 0.1%. Australian S&P/ASX 200 index closed 0.5% down and Hong Kong's Hang Seng Index edged down 0.1%. In contrast, South Korea's Kospi jumped 0.4% and Taiwan's Taiex advanced 0.3%. 
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Tue, 07 Feb 2012 11:13:14 GMT

S&P 500 trades flat on Greek worries

S&P 500 index retreated from gains on Monday on renewed investor concerns about Greece's ability to meet all the requirements for receiving a bailout financing. The index slipped 0.04% or 0.57 points and closed at 1,344.33. Health insurer Humana fell 5.4% after reporting less than expected revenue and lower than predicted earnings outlook for 2012. Micron Technology lost 3% on

Tue, 07 Feb 2012 14:35:31 GMT

India forecasts weakest growth since 2009

The government of India predicted the nation's economy will expand at slowest pace in three years, putting extra pressure on Reserve Bank of India to cut interest rates. Government predicts annual GDP to increase by 6.9% starting from March. India's economy grew 8.4% in period 2010-2011. The growth slowed down after central bank raised benchmark rates starting from 2010 until October 2011. 

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