Homebuilders, banks higher in New York

The New York equities markets were higher in early afternoon trade on Wednesday, with the Dow Jones Industrial Average up 0.84 percent to 13,617.78. The Nasdaq Composite was 1.92 percent higher to 2,610.69, while the S&P 500 had added 1.15 percent to 1,493.72. The gains came on comments from the Federal Reserve on Tuesday that [...]
Asia-Pacific markets mixed on session

Asia-Pacific equities markets were mixed on Tuesday as investors waited to see what the US Federal Reserve would do about interest rates and how it would characterize the current mess in the subprime market. Decliners included Hong Kong’s Hang Seng index, which fell 0.13 percent to 21,907.99 and the Straits Times index in Singapore at [...]
Europe, US markets down again

Asia-Pacific equities markets were mixed on Friday, although there were more gainers than losers on the session, and most gains were much bigger than the few losses. In Australia, the Sydney Ordinaries added 0.09 percent to 6,055.9, while the S&P/ASX200 gained 0.15 percent to 6,021. In Hong Kong, the Hang Seng index was 0.42 percent [...]
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. [...]
South Korean index closes above 2,000 for first time

Equities markets in the Asia-Pacific region were mostly lower on Wednesday, but there were a couple of notable exceptions to the declining trend. In South Korea, the Kospi index added 0.6 percent to 2,004.22, the first time it has closed above the 2,000 level. The gains came after Moody’s raised South Korea’s debt rating to [...]
Tokyo consumer finance sector higher

Asia-Pacific equities markets were almost universally higher on Thursday. The main exception was the Straits Times Index in Singapore, which fell 0.06 percent to 3,604.62. In India, the Sensex added 1.63 percent to 15,550 to reach an all-time high as it added 249 points on the session. Elsewhere, the Hang Seng index in Hong Kong [...]
Markets reach record highs in Asia

Equities markets some parts of the Asia-Pacific region hit all time highs on Friday as investors responded to Thursday’s record highs in New York and to the $38.1 billion dollar bid by Rio Tinto (LSE: RIO) for Canadian aluminium producer Alcan (TSX: AL; NYSE: AL). New records were set in both Hong Kong and Singapore, [...]
Retailers mostly higher on Wall Street

Asia-Pacific equities markets were mostly higher on Thursday. In Australia, the Sydney Ordinaries added 0.58 percent to 6,400.1. Among other Asian markets, Singapore’s Straits Times Index was 0.82 percent higher to 3,600.75, while the Hang Seng index gained 0.89 percent to 22,809.02 in Hong Kong. In India, the Sensex was up 1.22 percent to 15,092.04. [...]
Carmakers gain in Europe

Asia-Pacific equities markets were mixed to close out the week. In China, the Shanghai Composite was back after recent declines, adding 4.6 percent on the session to close at 3.781.17. The gains came after a decline of 5 percent on Thursday and were helped by gains in the financial sector. The Hang Seng index in [...]
Some Asian markets see record high levels

Most Asia-Pacific equities markets were higher on Monday, some of them reaching new record highs on the session. The main exception was in India, where the Sensex dropped 0.58 percent to 14,080.14. Records were set in South Korea, Indonesia, Singapore, Hong Kong, and the Philippines. In South Korea, the Kospi index closed at 1,806.88, a [...]