Asia-Pacific region equities markets were down Monday on the expectation that banks will report further losses due to exposure to the US subprime mortgage crisis. The biggest loss among major indices came in Hong Kong, where the Hang Seng dropped 3.88 percent to 27,665.73, a loss of 1,117.68 points on the session. The [...]

Most Asian markets were lower on Wednesday, worried by a report that investment bank Merrill Lynch (NYSE: MER; TYO: 8675) will likely write down $2.5 billion more in the third quarter than previously estimated, adding to concerns over the effect of the subprime crisis. The bank had previously estimated it would write down around [...]

Wall Street was mixed in midday trade after bad news from Boeing, a forecast on home sales for the year that was revised downward, and warnings from more than one company. The Dow Jones Industrial Average was 0.74 percent lower to 14,060.32 as it lost nearly all of the 120 points it gained on [...]

Asia-Pacific region equities markets were mixed on Monday. In Australia, the S&P/ASX200 was 0.74 percent higher to 6,654.3 while the Sydney Ordinaries added 0.75 percent to 6,667.2. South Korea’s Kospi index was up 0.84 percent to 2,012.82. The Taiex index gained 1.04 percent to 8,717.17 in Taiwan, while the Shanghai Composite jumped [...]

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 [...]

In early afternoon trade in New York Monday, equities markets were slightly ahead after last week’s declines. The Dow Jones Industrial Average was up 0.3 percent to 13,278,72, while the Nasdaq Composite had added 0.15 percent to 2,548.6 and the S&P 500 was 0.32 percent higher to 1,458.32. The gains came as the [...]

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 [...]

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 [...]

Equities markets in the Asia-Pacific region were mixed on Monday. The Australian market saw declines, with the Sydney Ordinaries 0.19 percent lower to 6,298.6 and the S&P/ASX200 closing lower to 6,263.3. While retailers saw gains, banks were mostly lower and miners were mixed. Elsewhere in the region, the Straits Times index added [...]