Hong Kong’s Hang Seng index saw its biggest one-day gain in a decade and its largest points gain in history on Wednesday when it added 2,332 points, or 10.72 percent, to 24,090.17 on the heels of Tuesday’s surprise interest rate cut from the US Federal Reserve. The big gains came after the index had […]

Equities markets in the Asia-Pacific region were mixed on Wednesday after reports that the economies in both South Korea and Singapore are slowing and on the news that the bombing of an army bus in Colombo, Sri Lanka, had killed four. The Straits Times index was 0.61 percent lower to 3,461.22 in Singapore on […]

Wall Street was lower in afternoon trade on Tuesday ahead of Wednesday’s decision on interest rates by the Federal Reserve and after the Conference Board reported that consumer confidence was down in October, to its lowest level in two years. More disappointing corporate results did not help matters. The Dow Jones Industrial Average […]

Wall Street was up in early afternoon trade after declines earlier in the day. The Dow Jones Industrial Average added 0.17 percent to 13,545.43, while the Nasdaq Composite gained 0.81 percent to 2,747.17. And the S&P 500 was 0.23 percent higher to 1,504.04. In the pharmaceuticals sector, Merck (NYSE: MRK) added $1.21 to […]

Tokyo’s markets were mixed on Monday. The Nikkei 225 added 0.16 percent to 17,358.15, but the Topix index dropped 0.12 percent to 1,657.44 and the Mothers market was down 1.57 percent to 867.62. Carmakers were lower after HSBC Holdings said that Toyota (TYO: 7203.T; NYSE: TM; LSE: TYT) will likely see profits weaken […]

Europe’s equities markets were mixed Friday. The Dax added 0.09 percent to 8,041.26 in Frankfurt, while Madrid’s IBEX jumped 1.07 percent to 15,261.3. On the other hand, the FTSE Eurofirst 300 was 0.08 percent lower to 1,598.14 while the Paris CAC-40 dropped 0.32 percent to 5,843.95. EADS (Euronext: EAD; FWB: EAD) did […]

Equities markets in the Asia-Pacific region were mixed Thursday, but most managed gains. In Singapore, however, the Straits Times index dropped 1.17 percent to 3,552.46. India’s Sensex was 0.15 percent higher to 16,347.95, while the Kospi index gained 0.33 percent to 1,908.97 in South Korea. The Hang Seng added 0.57 percent to […]

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 […]

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 […]

Equities markets in Asia and the Pacific region were lower on Wednesday, with many disturbed by overnight declines on Wall Street. In Australia, the Sydney Ordinaries were 0.54 percent lower to 6,363.2, while in India the Sensex fell 0.66 percent to 14,910.62. Declines were even bigger elsewhere as the Straits Times index in […]