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Asia slips after Wall Street loses steam, dollar clings to gains

July 20, 2016 by · Leave a Comment 

Global risk appetite, which has recovered rapidly from the Brexit shock late in June, received a sobering reminder after the International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent, putting some distance between …

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Asia slips after Wall Street loses steam, dollar clings to gains

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Dollar dips from two-week high, stocks in the red

May 11, 2016 by · Leave a Comment 

“And that is precisely what we are seeing today.” Financials were among the biggest losers in Europe, their 1.5 percent fall led by a 10 percent plunge in Austrian bank Raiffeisen Bank International after it said it will look into a possible merger with

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Dollar dips from two-week high, stocks in the red

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Asian shares fall, while Japan’s gain as brakes applied to strong yen

April 8, 2016 by · Leave a Comment 

SINGAPORE/TOKYO (Reuters) – Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. While that led to a slight retreat in the yen from a 17-month high against the dollar, the Japanese currency is

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Asian shares fall, while Japan’s gain as brakes applied to strong yen

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Asia shares scale 7-week peak, commodities on the mend

March 3, 2016 by · Leave a Comment 

Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally. MSCI's broadest index of Asia-Pacific shares outside Japan added another 0.9 percent to reach a seven-week top, having surged 2.6 percent on Wednesday. Japan's Nikkei

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Asia shares scale 7-week peak, commodities on the mend

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GM China auto sales rise 5.2 percent in 2015

January 6, 2016 by · Leave a Comment 

General Motors Co's vehicle sales in China rose 5.2 percent to 3.61 million in 2015, the U.S. carmaker said on Wednesday. GM and its Chinese joint venture partners sold 445,227 vehicles last month, a 14 percent rise from a year earlier, matching its growth rate for November. The automaker plans to launch 13 new or revamped models in China in 2016, including the Cadillac CT6, Malibu XL and Cruze XL, compared with 12 launches last year, according to a written statement posted on its website.

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GM China auto sales rise 5.2 percent in 2015

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Asia stocks buffeted by China worries, North Korea nuclear test

January 6, 2016 by · Leave a Comment 

Asian shares fell on Wednesday and most emerging currencies retreated as China allowed the yuan to weaken further, stoking fears about its slowing economy, while a North Korean nuclear test heightened geopolitical tensions. Souring sentiment toward riskier assets in turn lifted safe-havens such as the Japanese yen

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Asia stocks buffeted by China worries, North Korea nuclear test

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Asia shrugs off losses, Aussie spikes on jobs data

November 12, 2015 by · Leave a Comment 

By Lisa Twaronite TOKYO (Reuters) – Asian shares shrugged off early losses as crude oil prices pulled away from their overnight lows, while the Australian dollar grabbed the spotlight and surged after a much stronger-than-expected employment report. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, erasing its early modest losses. The S&P/ASX 200 index was down

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Asia shrugs off losses, Aussie spikes on jobs data

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