US jobs data hurts Asia-Pacific markets

Equities markets in the Asia-Pacific region were mixed on Monday, with losers outnumbering gainers. Many markets were hurt by news that there were fewer jobs in the United States in August as well as on new data showing that Japan’s economy contracted by an annualized rate of 1.2 percent in the second quarter of the [...]
Shanghai Composite down over 2 percent

Asia-Pacific equities markets were mixed again on Friday. In Taiwan the Taiex was up a bare 0.01 percent, or 1 point, to 9,018.08, while the Straits Times index closed at 3,488.97. The S&P/ASX200 gained 0.44 percent to 6,278.4 in Australia, while the Sydney Ordinaries added 0.5 percent to 6,296.5. Decliners included India’s Sensex, which dropped [...]
Australia markets lower on banks, miners

Most Asia-Pacific equities markets were lower again on Wednesday on reports of declining consumer confidence in the United States and on the sharp drop in US markets on Tuesday. In Australia, the S&P/ASX200 and the Sydney Ordinaries dropped by an identical 1.23 percent to 6,100.3 and 6,101.4 respectively. The declines there came in the banking [...]
Sensex adds 1.84 percent

Equities markets in the Asia-Pacific region were mixed Friday as investors worried again about the state of the global economy. India’s Sensex was the biggest mover of the day after the Congress Party and the Communist Party there came to an agreement to jointly study a proposed nuclear energy deal with the United States, averting [...]
Dow back below 13,000 in afternoon trade

Wall Street was lower in early afternoon trade on Monday. The Dow Jones Industrial Average was back down below the 13,000 level to trade at 12,993.32, a decline of 0.66 percent, just before 1:30 pm in New York, while the Nasdaq Composite had dropped 0.64 percent to 2,489.1 and the S&P 500 was 0.99 percent [...]
Stronger yen sends Japan carmakers lower

Tokyo equities markets were significantly lower on Friday. The Nikkei 225 fell 5.42 percent to 15,273.68 for its biggest one-day percentage drop since the September 11 attacks in New York and Washington, DC, in 2001. Meanwhile, the Topix index and the Mothers market each were down 5.55 percent, to 1,480.39 and 688.46 respectively. The decline [...]
Subprime, credit worries send markets lower

Equities markets in the Asia-Pacific region were much lower on Friday as worries over the subprime sector in the US went global. The biggest loser on the session was South Korea’s Kospi index, which dropped 4.2 percent to 1,828.49, its sharpest decline in three years. Afternoon trade in Seoul ended early, but that was said [...]
Europe lower on BNP Paribas move

European markets were lower Thursday on intensifying worries concerning the subprime sector. The FTSE Eurofirst 300 fell 1.82 percent to 1,526.04. In Madrid the IBEX dropped 1.11 percent to 14,838.3, while the Dax was 2 percent lower to 7,453.59 in Frankfurt and the Paris CAC-40 dropped 5,624.78. Banks declined after BNP Paribas (Euronext: BNP; TYO: [...]
Straits Times index drops 3.7 percent

Most equities markets in the Asia-Pacific region were lower on Monday. The main exception was the Shanghai Composite, which added 1.48 percent to 4,628.11 to reach a new record close in China. In South Korea, the Kospi index dropped 1.16 percent to 1,855.05, while Taiwan’s Taiex index fell 1.28 percent to 8,941.73 and the Sensex [...]
FTSE 100, 250 each gain more than 2 percent

Most Asia-Pacific equities markets were higher on Tuesday. The exception was the Nikkei 225 in Tokyo, which dropped 0.2 percent to 17,248.89. The Topix index, however, closed barely higher at 1,706.18 and the Mothers market was 1.38 percent higher to 864.7. Earnings results and other news drove gains and losses on the session in Tokyo. [...]