Asian markets

Is capitalism in crisis?I. David Pilling had an interesting article for the Financial Times Sunday discussing problems with global capitalism and seeking economic prosperity while analyzing possible risks and perils with the capitalist system. The article portends that as economies in the West...

Very quiet in Asia ahead of ECB and BOE policy meetings BOE seen as 50:50 on new round of QE ECB expected to adopt special measures rather than rate cuts Regional stockmarkets rally by up to 4.5% Oil $79.50/bbl; Gold $1647/oz Apple founder Steve Jobs dies The session was only notable for the...

Australian September retail sales +0.6% vs +0.2% expected UK shop price inflation stabilised in September Moody's downgrade of Italy affects general market sentiment, Nikkei -0.5%, Kospi -1.5% Japan may buy more bonds to support EFSF BOJ Shirakawa says economy in severe state and likely to stay...

The Euro was higher during the Asian session on the lack of negative debt headlines and markets are now focused on the EFSF vote from the German Parliament. The oppositional minority has publicly reversed its position for the most part, so most analysts are expecting the vote to pass with a clear...

By ForexMansion.com Forexpros – Forexpros – Crude oil futures moved lower in Asian trade Thursday, on a general fall in global equities as well an unexpected rise in U.S. crude stockpiles. On the New York Mercantile Exchange light, sweet crude futures for October delivery traded at USD79.92 a...

Equity markets were again the focus; most regional markets were -2.5% although the Korean market fell by almost 5% Gold made fresh all-time highs near $1845/oz UK median pay deals 2% China vice PM: No hard landing for China FinMin Noda: Government and BOJ will cope with strong Yen appropriately...

Markets seem to be in a cheerful mood post Christmas, with most Asian markets opening higher on Monday. Japan's Nikkei 225 jumped 1.3% to 10634.23, marking its strongest closing since late August, with Honda Motor (NYSE: HMC) and Tokyo Electron (OTC: TOELY.PK) leading the gains due to stable...

Nikkei225 dropped 2.6% on Friday, and financial stocks were the biggest losers of the day. Nomura Holdings (8604.T) lost 15.98% after they announced their plans to issue $5.6 billion in stocks. Mitsubishi UFJ Financial Group (8306.T) followed with 8,53% drop, and T&D Holdings (8795.T...

Asian stock markets closed mostly in the positive territory on Tuesday. NIKKEI 225 added 15.56 points or 0.15% mostly because Japanese exporters rebounded as a reaction to a weaker yen. Topix, another Tokyo index, finished the day in the red territory with a decrease of 0.16%. Hong Kong’s Hang...