Chinese investors returning from the New Year holiday were greeted by a 25 basis point hike in interest rates. The Shanghai Composite Index lost 0.9%, in Hong Kong the Hang Seng Index fell 1.4%, and in Japan the Nikkei 225 Inde…
Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed fo…
Lower than expected earnings numbers from Japanese blue-chip companies dragged the Nikkei lower Thursday, as did the outbreak of violence in Egypt.
Continue reading Nikkei Slips on Disappointing Earnings
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Impressive earnings reports for blue chip U.S. companies and a rise in U.S. manufacturing data bolstered markets across Asia.
Continue reading Asian Markets Follow U.S. Earnings Higher
Asian Mark…
A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a posit…