Asian markets

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Global Shares Sink After Major Dow Decline

Asian markets saw the sharpest falls

(Newser) - Global stock prices sank Friday after the Dow Jones industrials on Wall Street plummeted more than 1,000 points , deepening a week-long sell-off. Markets followed US stocks down after the Dow, coming off a record high, entered a correction—or a 10% decline from its latest peak—for the first...

Markets Stabilize After Trump Victory Speech
Dow Shakes Off
Election Night Jitters
updated

Dow Shakes Off Election Night Jitters

Markets around the world stabilize in wake of Trump win

(Newser) - Conciliatory comments from president-elect Donald Trump in the aftermath of his stunning victory over Hillary Clinton helped global stock markets and the dollar trim their hefty losses on Wednesday, the AP reports. The Dow, for instance, dropped slightly at the open but was up about 40 points in the first...

World Markets Drop as US Teeters on Fiscal Cliff

Investors alarmed by failure to reach deal

(Newser) - Can American lawmakers hammer out a deal in time to avoid the fiscal cliff and toast the New Year? Investors worldwide are betting no. Uncertainty about budget negotiations and the future of the US economy drove down Asian markets on the last day of the year and European markets also...

World Markets Tumble on French-Greek Elections

Investors fear fresh crisis in eurozone

(Newser) - Markets worldwide have been seriously rattled by the rejection of pro-austerity governments by voters in France and Greece . Asian markets plunged, the euro dropped to a 3-month low against the dollar in early trading, and oil slipped to $97 a barrel. European shares also tumbled and yields rose on the...

Stocks Sputter, Gold Soars
 Stocks Sputter, 
 Gold Soars 

Stocks Sputter, Gold Soars

Markets still buffeted by uncertainty, looking for good news

(Newser) - Asia stock markets were mostly down today, European markets look set to follow, and gold hit new highs as world markets continued to be rocked by investor nerves, reports Reuters . The Nikkei hit a five-month low, finishing 1.04% down, Korea's Kospi was off 1.96%, and Australia's...

Global Markets Follow Wall Street Down

Sell-off fever spreads to Asia, Europe

(Newser) - Stock markets around the world are tumbling in the wake of yesterday's Wall Street meltdown . Market indexes across Asia saw major dives, and European markets are down in early trading, AP reports. The sell-off is "just a knee-jerk reaction to what's going on," said an analyst...

Buffett: Japan Presents 'Buying Opportunity'

Country's 'economic future' unchanged, says investing guru

(Newser) - There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of...

Asia Stocks Plunge
 Asia Stocks Plunge 

Asia Stocks Plunge

Markets down on US unemployment, Europe debt

(Newser) - Following a dismal day on Wall Street, Asian markets fell sharply today on news of an unexpectedly high US unemployment rate and worries about the growing debt crisis in Europe. The MCSI Asia Pacific Index was down 1.6 percent at 111.79, a 9-month low. Japan's Nikkei 225 stock...

Asian Markets Reeling
 Asian Markets Reeling 

Asian Markets Reeling

Stocks dive amid hectic trading

(Newser) - Asian markets plunged across the board this morning as worries about the Greek debt crisis and yesterday's stunning Wall Street plunge sparked a huge sell-off. Traders are still baffled by yesterday's events, and market conditions are "hectic and confused," said one securities trader in Tokyo, where the Nikkei...

Europe Applauds Bank Crackdown; Markets Swoon

Bank shares hit hard by pledge to curb risk-taking

(Newser) - European leaders today lauded President Obama's plan to limit the size and risk-taking of the nation's banks, but stock markets worldwide were rattled. Asian markets fell sharply today and European markets opened down, following a 213 point drop in the Dow yesterday, its biggest 2-day loss since March. Europeans said...

Dollar Rises, Markets Dip
 Dollar Rises, Markets Dip 

Dollar Rises, Markets Dip

World markets down as investors predict interest rate hikes

(Newser) - The dollar climbed to a three-month high today on rosier-than-expected Fed economic predictions while markets fell on expectations that central banks will soon begin to raise interest rates. The greenback gained against 15 of 16 of its most commonly traded currencies, while major European and Asian stock indices were down...

Crisis at Dubai Flagship Roils World Markets

In surprise, government takes over Dubai World; bank stocks pounded

(Newser) - A move today by the government of Dubai to take over its flagship company, Dubai World, caused ripples of panic throughout the region, and translated into a selloff in bank stocks in Europe and Asia. The government also aims to delay payments on $60 billion in debt, a request that...

US Woes Send Asian Stocks Tumbling

Nikkei, Hang Seng have their worst day in weeks

(Newser) - Stocks in Asia tumbled to their worst finish in weeks, reports the Wall Street Journal, as continued fears about the US economy led to a sell-off of resource companies and exporters. The Nikkei in Tokyo and the Hang Seng in Hong Kong both closed down about 3%, echoing a decline...

Asian Stocks Follow US Drop
 Asian Stocks Follow US Drop 

MARKETS

Asian Stocks Follow US Drop

Nikkei, Hang Seng both down 3%

(Newser) - Asian stocks followed the American markets lower today as investors grew worried about the sluggish pace of global economic recovery. The Nikkei in Tokyo and the Hang Seng in Hong Kong were both down about 3%, ending a rally that has sent Asian markets up 44% since March. "Those...

Indian Stocks Soar 17% on Election Win

Congress victory sends shares soaring; trade suspended

(Newser) - The benchmark Indian stock index soared an unprecedented 17% this morning as investors voiced their resounding approval of the Congress Party's electoral victory. Trading on the Sensex had to be suspended within seconds of opening after a 1,300-point surge; following a two-hour delay, the index jumped again and was...

Asian Stocks Hit 7-Month High
 Asian Stocks Hit 7-Month High 
MARKETS

Asian Stocks Hit 7-Month High

Taipei leads region's markets on another bullish day

(Newser) - Asian stocks hit a 7-month high today as investors put aside swine flu fears and and seized on good news from China. In Taiwan the main index soared 5.6%, its second straight major gain, while in Hong Kong the Hang Seng index closed up 5.5%. European markets started...

Asian Shares Surge, Europe Opens Up
 Asian Shares 
 Surge, Europe 
 Opens Up 
MARKETS

Asian Shares Surge, Europe Opens Up

Taiwan leads regional exchanges sharply higher

(Newser) - Asian shares jumped today and European markets opened strongly, as good political and economic news encouraged investors. The Taiwan Stock Exchange rocketed 6.8% amid talk that mainland Chinese investors will be allowed to invest in the market, while in Tokyo the Nikkei closed up 4%. In London the FTSE ...

G20 Hopes Send World Stocks Soaring
 G20 Hopes Send 
 World Stocks Soaring 
MARKETS

G20 Hopes Send World Stocks Soaring

Hang Seng has best day in 4 months, Europe rallies

(Newser) - Asian stocks soared and European exchanges opened strong, reports the Wall Street Journal, as investors expressed optimism for a G20 deal and prepared for a probable 50-point rate cut by the European Central Bank. The Hang Seng in Hong Kong rocketed 7.4%, its best day in four months, while...

Automakers Lead Sharp Selloff Worldwide
 Automakers Lead 
 Sharp Selloff Worldwide 
MARKETS

Automakers Lead Sharp Selloff Worldwide

Nikkei drops 4.5%, Europe opens down

(Newser) - Stocks in Asia and Europe plummeted today amid global fears for the auto industry and hesitation that this week's G20 summit in London might not deliver on ambitious goals. In Tokyo the Nikkei dropped 4.5%, with Toyota, Honda and Nissan all posting substantial falls. At midmorning stocks in London,...

Asia, Europe Rally, US Futures Soar
 Asia, Europe Rally, 
 US Futures Soar 
MARKETS

Asia, Europe Rally, US Futures Soar

Obama team's plan sends markets up

(Newser) - Asian markets soared today and European exchanges opened higher as investors expressed optimism about the Obama administration's public-private asset purchase plan. In Hong Kong the Hang Seng rallied 4.1% to close at a five-week high, while the Nikkei in Tokyo closed up 3.4%. At midmorning bourses in London...

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