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Market optimism on worldwide measures

Business | Securities
2009-2-9

ASIAN stocks last week rose for a second week as optimism that government measures worldwide will ease the financial crisis offset cuts in earnings forecasts at Mizuho Financial Group Inc and Hitachi Ltd. BHP Billiton...

Asian stocks climb on hopes nations will bolster growth

Business | Securities
2008-12-31

ASIAN stocks rose yesterday, paring the regional benchmark index's worst annual decline on record, amid speculation governments will step up measures to bolster the global economy and corporate earnings growth. ...

Corporate profit fears bring the slump to Asian markets

Business | Securities
2008-12-29

ASIAN stocks fell for the first week in three on mounting signs the deepening global recession is hurting corporate profits. PetroChina Co, China's largest oil producer, lost 9.3 percent as crude prices plunged...

Ships and electronics bring good cheer to Asian markets

Business | Securities
2008-12-26

ASIAN stocks rose for the first time in five days, led by Japanese shipping companies and electronics makers, on speculation falling oil prices will ease fuel costs and encourage consumers to spend more. Shares...

Optimism and oil help Asian investors

Business | Securities
2008-12-22

ASIAN stocks rose for a second week last week as the United State and Japan cut interest rates and oil prices tumbled, boosting optimism that costs for companies will fall and help resuscitate economic growth. Mitsubishi...

Miners lead Asian share dive

Business | Securities
2008-12-2

ASIAN stocks dropped yesterday as falling commodity prices dragged mining shares lower and the failure of homebuilder Morimoto Co drove bankruptcies by listed companies to a postwar record in Japan. BHP Billiton...

Chinese stimulus deal fires up Asian markets and futures

Business | Securities
2008-11-11

ASIAN stocks yesterday rallied for the first time in three days and United States index futures jumped after China announced a US$586-billion package to revive growth in the world's fourth-largest economy. Hitachi...

Asian stocks slide as yen surges despite G7 warning

Business | Securities
2008-10-27

JAPANESE stocks tumbled to 26-year lows today and most other Asian markets fell heavily in chaotic trade as investors feared a flurry of central bank moves would not be enough to stave off a global recession. Little...

Asian stocks bloom with optimism

Business | Securities
2008-10-22

ASIAN stocks climbed yesterday, led by producers of raw materials and consumer goods, as optimism grew that governments will expand efforts to boost economic growth. Rio Tinto Ltd gained 12 percent and Honda Motor...

Banks and energy shares propel Asian markets to finish higher

Business | Securities
2008-10-21

ASIAN stocks advanced yesterday, led by banks and energy shares, after South Korea's government announced Asia's biggest financial rescue package and oil prices climbed for a second day. Hana Financial Group...