All Entries Tagged With: "china"
Asia Markets: Asia stocks tumble as Spain joins worry list
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — Asian stock investors dumped shares on Friday as fresh concerns about the health of Spanish banks added to existing worries about capital flight from Greek lenders. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 -3.01% fell 2.9%, South Korea’s Kopsi index KR:SEU -3.49% dropped 2.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -2.79% skidded 2.4%.
Asia Stocks to Watch: As U.S. watches Facebook, Hong Kong eyes Tencent
By Chris Oliver , MarketWatch HONG KONG (MarketWatch) — While U.S. markets were focused on the impending debut of Facebook Inc., Chinese social-media major Tencent Holdings Ltd. got some positive attention of its own Friday, helped by a broker’s price-target upgrade and a timely reorganization
Hong Kong stocks sink more; HSBC, Cathay hit hard
HONG KONG (MarketWatch) — Hong Kong stocks skidded sharply lower in early trading Friday, with heavyweight HSBC Holdings PLC leading a broad-based sell-off after a Moody’s downgrade of several Spanish banks deepened Europe-related worries. The benchmark Hang Seng Index /quotes/zigman/2622475 HK:HSI -2.78% lost 2.3% to 18,767.47, on course for its 11th loss in 12 trading days, in the footsteps of U.S.
Economic Report: Philly Fed factory index turns negative in May
By Jeffry Bartash , MarketWatch WASHINGTON (MarketWatch) — Business conditions at manufacturing firms in the Philadelphia region worsened in May, as orders for new products fell and executives scaled back hiring plans, a survey showed Thursday.
Japan to speed pact with Korea, China: WSJ
By MarketWatch LOS ANGELES (MarketWatch) — Japan is promising to speed up efforts to forge a trade agreement with South Korea and China, opening the prospect of a formidable union rivaling the largest regional pacts in the world, The Wall Street Journal reported Saturday. In an interview with the Journal, Prime Minister Yoshihiko Noda said Japan wants to start negotiations on an agreement “as soon as possible.” The agreement would be called the FTA and rival the North American Free Trade Agreement and the European Union in size.
Canadian Markets: Canada stocks post second straight weekly loss
LOS ANGELES (MarketWatch) — Canadian stocks fell Friday, with losses among commodities issues after weak Chinese economic data also solidifying the market’s decline for the week. The S&P/TSX Composite Index (CA:$ISPTX) fell 0.4% to 11,694.67. The index fell 1.5% for the week, its second consecutive weekly decline
Asia Markets: Japan stocks rise on earnings, but others slip
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Asia markets diverged early Friday, with earnings lending support in Tokyo, while losses for exporters dragged Seoul into the red, and with the region awaiting a batch of Chinese economic data due later in the day. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.34% added 0.3%, while South Korea’s Kospi KR:SEU -0.70% fell 0.6%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -0.13% slipped 0.1%
Futures Movers: Crude-oil slips as China trade data disappoints
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Crude oil futures slipped in electronic trading Thursday, putting the commodity on track for seven session losing streak, as disappointing Chinese trade data cast another shadow on the global economy. Crude-oil for June delivery /quotes/zigman/2203144 CLM2 -0.40% edged down 5 cents, or 0.1%, to $96.76 a barrel on the New York Mercantile Exchange during Asian trading hours.
Asia Markets: Most Asia markets rebound, but China falls
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69% added 0.7%, while South Korea’s Kospi KR:SEU +0.54% gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30% put on 0.3%.
Asia Markets: Asia stocks tumble after U.S. jobs, Europe polls
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — Asian shares tumbled Monday after poor jobs data raised fresh concerns about the health of the U.S.