Asian Markets Fall After US Fed Chief?s Lukewarm Stimulus Promise
Asian markets fell Friday as investors were disappointed with U.S. Fed Chairman Ben Bernanke's lack of a commitment to additional monetary easing measures in his congressional testimony on the country's economic outlook.
Japan?s Q1 Economic Growth Revised To 1.2%
Japan's economy grew more than the initial estimate in the first three months of the year from the preceding quarter, indicating that the country is slowly regaining the growth momentum.
Japan's Nikkei Falls Amid Global Concerns
Japan's Nikkei 225 Stock Average fell Friday as lack of indications of more monetary stimulus in the U.S. by the Federal Reserve undermined the interest rate cut by China.
Investors Withdraw $370 Million From India-Focused Funds In May
The outflow from India-focused funds reached an alarming rate in May amid concerns about the sharp fall of the Indian rupee against the dollar and sluggish policy reforms from the government, according to a report.
US Stock Futures Point To Slightly Higher Opening Thursday
Futures on major U.S. indices point to a slightly higher opening Thursday ahead of the report on weekly jobless claims and Fed Chairman Ben Bernanke?s congressional testimony.
Asian Markets Rise On US, European Stimulus Hopes
Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.
US Stock Futures Point To Higher Opening Wednesday
Futures on the major U.S. indices point to a higher opening Wednesday ahead of a report on the Federal Reserve's Beige Book and the European Central Bank's (ECB) monthly rate-setting meeting.
Asian Markets Rise On Positive U.S. Data And G7 Assurance
Asian markets rose Wednesday amid positive economic data from the U.S. and the G7 finance ministers' decision to work closer together to tackle the euro zone economic crisis.
India?s Sensex Rises On Positive Asian Cues
India's BSE Sensex rose Wednesday following positive cues from Asian markets and the rupee gaining.
Japan?s Nikkei Rises On Positive US Data And G7 Promise
Japan's Nikkei 225 Stock Average rose Wednesday amid positive US economic data and the G7 meeting's promise of a closer collaboration to tackle economic problems.
US Stock Futures Point To Slightly Higher Opening Tuesday
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
Asian Markets Rise Amid Hopes For Euro Zone Stimulus Measures
Asian markets rose Tuesday amid hopes that policy makers in Europe would take measures to stem the debt crisis and regain the economic growth momentum.
India?s Sensex Rises Following Asian Cues, Rupee Recovery
India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.
China Services Activity Improved In May: HSBC PMI
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
US Stock Futures Point To Lower Opening Monday
Futures on major U.S. indices point to a lower opening Monday ahead of the U.S. Dept. of Commerce's Report on Manufacturers' Shipments, Inventories and Orders, and increasing concerns over the euro zone crisis.
Japan?s Topix Index Closes At Lowest Level Since 1983 Amid Global Concerns
Japan's Topix Index slumped to its lowest level in 28 years as investor confidence was severely hit by disappointing U.S. jobs data, the increasing euro zone debt crisis and the weakening Chinese economy.
China?s Non-Manufacturing Sector Growth Slows Down In May
China's non-manufacturing sector grew at a slower pace in May compared to the previous month, raising concerns about the slowdown in the country's economic growth.
Weekly Roundup: Asian Markets Fall On Weak China Data And Spain?s Banking Woes
Asian markets declined this week due to increasing concerns about China's economic slowdown and heightened Spanish banking sector woes.
Pre-Market Movers (Coca-Cola, Bank of America, Dean Foods, General Electric, Citigroup, JPMorgan Chase and Facebook)
The companies whose shares are moving in pre-market trading Friday are: Coca-Cola Co., Bank of America Corp., Dean Foods Co., General Electric Co., Citigroup Inc., JPMorgan Chase & Co. and Facebook Inc.
US Stock Futures Point To Lower Opening Friday
Futures on major U.S. indices point to a lower opening Friday ahead of the anticipated Bureau of Labor Statistics' Nonfarm Payrolls report, the Institute of Supply Management (ISM)'s Manufacturing Purchasing Managers Index (PMI) report, and ADP's Personal Income report.
China Manufacturing Growth Slows Down In May
China's manufacturing activity grew at a slower pace in May compared to the previous month, increasing concerns over a slowdown in the economic growth of the country.
Asian Markets Fall Amid Slowdown In China?s Manufacturing Growth
Asian markets fell Friday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in May compared to the previous month.
Pre-Market Movers (Zynga, SAP, HSBC, Neonode, NCI, Amazon)
The companies whose shares are moving in pre-market trading Thursday are: The Ryland Group Inc., Zynga Inc., SAP AG, HSBC Holdings plc, Neonode Inc., NCI Inc. and Amazon.com Inc.
US Stock Futures Point To Higher Opening Thursday
Futures on major U.S. indices point to a higher opening Thursday, ahead of the ADP National Employment Report and the Bureau of Labor Statistics' (BLS) report on Initial Jobless Claims.
Asian Stocks Fall As Spain?s Banking Woes Increase
Asian markets fell Thursday as concerns over the debt crisis looming over the euro zone increased due to heightened Spanish banking sector woes.
Japan?s Industrial Output Rises In April But Misses Expectation
Japan's industrial production gained in April from the previous month but remained below expectation, raising concerns about the country's faltering economic growth momentum.
Pre-Market Movers (Delcath Systems, Quicksilver Resources, RIM, Nokia, Facebook and Western Digital)
The companies whose shares are moving in pre-market trading Wednesday are: Delcath Systems Inc., Quicksilver Resources Inc., Research In Motion Limited, Nokia Corp., Telefonaktiebolaget LM Ericsson, Facebook Inc. and Western Digital Corp.
US Stock Futures Point To Lower Opening Wednesday
Futures on major U.S. indices point to a lower opening Wednesday ahead of anticipated reports on the Mortgage Applications Index and Pending Home Sales.
Asian Markets Slump On Spain And China Concerns
Asian markets fell Wednesday amid Spanish banking sector woes and a report that China is not planning further stimulus measures to lift its economic growth.
Pre-Market Movers (Facebook, Popular Inc, North American Energy Partners, United States Steel Corporation, Freeport-McMoRan Copper & Gold, Pfizer, Banco Santander S.A.)
The companies whose shares are moving in pre-market trade Tuesday are: Popular Inc, North American Energy Partners Inc, United States Steel Corporation, Freeport-McMoRan Copper & Gold Inc, Pfizer Inc, Banco Santander S.A. and Facebook Inc.