Asian stocks news stories on Newser

Stocks Up, Gold Down as Markets React to Deal

Mark Russell — Mon, 01 Aug 2011 02:22:00 CDT

The debt ceiling deal quickly helped calm hyperventilating markets, with S&P 500 stock futures up 1.5% on overnight trading, Asian stock markets up, and gold down, reports Reuters . But with the US dollar mostly unchanged, long-term US treasury bonds down, and the continued threat of a downgrade to the...

US Debt Spooking World Markets

Mark Russell — Mon, 25 Jul 2011 02:19:53 CDT

With America's $14.3 billion potential default just nine days away, markets are growing increasingly spooked by the rising danger, reports the Telegraph . “We may have a few stressful days coming up—stressful for the markets of the world and the American people,” says White House chief of staff Bill...

Asia Stocks Plunge

Jane Yager — Fri, 21 May 2010 03:42:00 CDT

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...

US Woes Send Asian Stocks Tumbling

Jason Farago — Tue, 23 Jun 2009 05:43:32 CDT

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

Jason Farago — Tue, 16 Jun 2009 03:29:13 CDT

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 who...

Banks Lead Asian Stock Rally

Jason Farago — Thu, 07 May 2009 04:01:34 CDT

The Nikkei stock average soared 4.6% today to close at a 6-month high, leading a rally across Asia. Banking stocks led advances as worries about the US financial system abated, with Mitsubishi UFJ jumping more than 15%. Markets in London, Paris and Frankfurt all opened in positive territory and...

Asian Stocks Rocket on New Stimulus Plans

Jason Farago — Fri, 13 Mar 2009 05:33:44 CDT

Asian markets followed the third straight rally on Wall Street with a major bull run today as new stimulus packages in China and Japan and good news from Bank of America sent stocks soaring. In Tokyo the Nikkei closed up 5.2%, while a late surge in Hong Kong boosted...

Stocks, Dollar Dive as Bailout Collapses

Jason Farago — Fri, 12 Dec 2008 04:19:00 CST

Asian markets dove today, and European exchanges opened down as the Senate abandoned efforts to bail out the American auto industry. The Nikkei in Tokyo and the Hang Seng in Hong Kong both closed down about 5.5%, with major exporters like Toyota and Sony leading declines. The bailout's collapse...

Global Stock Markets Mixed After Obama Win

Jim O'Neill — Wed, 05 Nov 2008 05:39:08 CST

The dollar gained ground on the euro following Barack Obama’s presidential election win, as investors sensed a glimmer of hope in the US battle to turn around its economy under a new administration. Asian markets were up as credit worries eased slightly, reports Bloomberg. But poor earnings reports sent European...