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By , on May 22nd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official’s comments that the U.S. central bank should stick with its super-easy monetary policy. Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in bond purchases, which drives down interest rates and thus encourages lending and spending, to help spur the U.S. economic recovery. <!– google_ad_section_end –>
Continue reading Asia stocks rise as Fed official backs easy policy
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that it might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading World stocks mixed ahead of Fed statements
By , on May 21st, 2013 <!– google_ad_section_start –> Buy too much rice in Hong Kong and “you could end up in jail”, Chinese media warned tourists in the wake of the Guangzhou cadmium scandal. <!– google_ad_section_end –>
Continue reading Is rice the new ‘milk powder’ for cross-border tensions?
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading Asia stocks fall ahead of Fed statements
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading World stocks rise on signs of steady US recovery
By , on May 20th, 2013 <!– google_ad_section_start –> Legislators on Monday cast doubts on the securities regulator’s decision to allow the Hong Kong Mercantile Exchange to surrender its licence, instead of immediately suspending it, after it emerged that the firm had insufficient capital. The HKMEx, a commodity trader, chaired by Executive Councillor Barry Cheung Chun-yuen, last week handed back its trading licence and suspended operations after it became clear it could no longer meet the requirement that it have sufficient cash to cover nine months of operations. <!– google_ad_section_end –>
Continue reading Lawmakers question SFC handling of HKMEx closure
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading Asian stocks rise on signs of steady US recovery
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading Asia markets up after US delivers positive data
By , on May 19th, 2013 <!– google_ad_section_start –> South Korea on Sunday condemned North Korea’s latest short-range missile launches as “provocative” and again urged it to hold talks about a suspended jointly run industrial park. The North on Saturday launched three short-range guided missiles off its east coast, apparently as part of a military drill, at a time when cross-border relations remain icy after months of simmering tension. <!– google_ad_section_end –>
Continue reading South Korea slams North Korea’s ‘provocative’ missile launches
By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. “In general, the (index) points to a continuing economic expansion with some upside potential,” said Ataman Ozyildirim, an economist at the private research association.
Continue reading World stocks strong into the weekend
By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher ahead of key data releases Friday. The Conference Board is due to report on U.S. leading indicators after North American markets open, along with the University of Michigan’s consumer sentiment index. Analysts are expecting both to show an improvement from March. <!– google_ad_section_end –>
Continue reading World stocks mostly higher
By , on May 17th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country’s economic outlook. Investors were looking ahead to the Conference Board’s index of leading indicators for April, to be released later Friday. The index is designed to anticipate economic conditions three to six months out. Analysts hope the figures will balance out several discouraging economic reports released Thursday, including a jump in unemployment aid applications to their highest level in six weeks. <!– google_ad_section_end –>
Continue reading World stocks mixed ahead of key US economic index
By , on May 17th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. Applications for unemployment benefits jumped to their highest level in six weeks, the U.S. Labor Department reported Thursday, while manufacturing slowed in the mid-Atlantic region. The bright spot was applications for new construction, which reached a five-year peak, reinforcing “the patchy nature of the US economic recovery,” Michael Hewson of CMC Markets said in a commentary. <!– google_ad_section_end –>
Continue reading Asia stocks mixed as holidays thin trade
By , on May 16th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were muted Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. Losses were limited by another record session on Wall Street. The European Union statistics office said Wednesday that nine of the 17 countries that use the euro are in recession, including France. The combined economy of the 17 countries shrank by 0.2 percent in the first three months of 2013 compared to the prior quarter. <!– google_ad_section_end –>
Continue reading Stocs muted as Europe gloom offsets Wall St. gains
By , on May 15th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. But lower-than-expected German economic growth disappointed investors elsewhere. The German economy narrowly avoided recession in the first quarter of 2013, with 0.1 percent growth for the quarter. However, analysts were expecting a 0.3 percent quarterly rise. <!– google_ad_section_end –>
Continue reading World stocks mixed after German 1Q growth released
By , on May 15th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National Federation of Independent Business reported a slight improvement in confidence among small business owners in the U.S. in April. That helped boost the Dow Jones industrial average to close at a record high Tuesday. “A combination of further improvement of economic performance and low inflation in the US should keep risk appetite buoyant,” said analysts at Credit Agricole CIB in Hong Kong in an email commentary.
Continue reading Asia stocks up as US small business mood improves
By , on May 14th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets fell Tuesday despite data showing that U.S. consumers were revving up their retail spending last month, as investors made off with profits following recent rallies. The Commerce Department in Washington said retail sales increased 0.1 percent in April from March, an improvement from March’s 0.5 percent decline. Economists had forecast that sales declined by 0.3 percent in April. <!– google_ad_section_end –>
Continue reading World stocks struggle despite US retail sales gain
By , on May 14th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mixed Tuesday in a lukewarm reaction to data showing that U.S. consumers revved up their retail spending last month. The Commerce Department in Washington said retail sales increased 0.1 percent in April from March, an improvement from March’s 0.5 percent decline. Economists had forecast that sales declined by 0.3 percent in April. <!– google_ad_section_end –>
Continue reading Asia stocks mixed after US retail sales gain
By , on May 14th, 2013 <!– google_ad_section_start –> South Korean President Park Geun-Hye said Tuesday she wants talks with North Korea on removing raw materials and finished products from a joint industrial complex closed by military tensions. In a cabinet meeting, Park instructed the Unification Ministry to offer Pyongyang discussions on the Kaesong complex, which lies 10 kilometres (six miles) inside the North Korean side of the joint border. <!– google_ad_section_end –>
Continue reading South Korea leader wants talks with North on industrial park
By , on May 13th, 2013 <!– google_ad_section_start –> NEW YORK — The S&P 500 stock index gained marginally on Monday, notching an all-time closing high after data showed a rise in retail sales and as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying program. U.S. stocks fluctuated between small gains and losses for most of Monday’s trading session. “The market is pricing in a diverse set of information,” said Stephen Wood, chief market strategist for Russell Investments. <!– google_ad_section_end –>
Continue reading S&P 500 edges up to record high; Dow drops
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Asia stocks rise as Fed official backs easy policy
<!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official’s comments that the U.S. central bank should stick with its super-easy monetary policy. Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in bond purchases, which drives down interest rates and thus encourages lending and spending, to help spur the U.S. economic recovery. <!– google_ad_section_end –>
Continue reading Asia stocks rise as Fed official backs easy policy
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