Europe, Asia markets mixed as Wall Street declines

Equities markets in Europe were mixed Wednesday, with London markets declining after the Bank of England said inflation could be as high as 5 percent later in the year. The FTSE 100 was down 0.71 percent to 5,976 in London, while the FTSE 250 dropped 0.31 percent to 12,017.9 as Pace plc (LSE: PIC) made [...]
Most European equities markets see gains

European markets were mostly higher Monday on the news that a special operations unit of the US military had killed al-Qaeda leader Osama bin Laden, and after a new report showed that factory activity was up in April in the Eurozone. The Dax was up 0.24 percent to 7,532.81 in Frankfurt, with gains led by [...]
European equities markets gain as Asia, US markets are mixed

European equities markets saw gains Thursday on lower unemployment in Germany and after the US Federal Reserve decided Wednesday to hold US interest rates steady and said that rates will remain low for some time to come. The FTSE 100 was up 0.03 percent to 6,069.9 in London, while the FTSE 250 gained 1 percent [...]
European equities decline on Eurozone inflation

Equities markets in Europe were down Thursday on reports that inflation was up in the Eurozone this month, Moody’s Investors Service said it could still issue more credit ratings cuts in the region, Portugal’s budget deficit was at 8.6 percent of its GDP last year, and regulators in Ireland said that stress tests on four [...]
Wall Street ends lower despite rate cut

Wall Street was up right after the Federal Reserve announced on Wednesday that it was cutting its main interest rate by half a percentage point to 3 percent, but the markets ended the session lower. The Dow Jones Industrial Average dropped 0.3 percent to 12.442.83 while the Nasdaq Composite was down 0.38 percent to 2,349 [...]
Hang Seng adds 10.72 percent on session

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 dropped [...]
India’s Sensex drops 1,408 points on session

As financial markets in the United States took the day off to celebrate the birthday of Rev. Martin Luther King Jr., equities markets in the Asia-Pacific region plunged on growing worries that the US economy is either already in or will soon enter a recession. Markets in Hong Kong and in India dropped more than [...]
Taiex gains on opposition win in parliamentary elections

Most Asia-Pacific equities markets were lower Monday on continuing worries that the US economy is headed for a recession. The main exceptions were the Shanghai Composite and Taiwan’s Taiex index. The Taiex added 1.79 percent to 8,173.41 after the opposition party managed a big win in parliamentary elections. The Kuomintang party, which promotes closer ties [...]
Most Asia-Pacific markets drop on US recession worries

Most equities markets in the Asia-Pacific region were lower on Monday as analysts and investor worried about the possibility of recession in the US. Last week, the US Labor Department issued disappointing employment data for December, and reports from the Institute for Supply Management showed that manufacturing had contracted in the month and the service [...]
Global equities drop on inflation fears

Equities markets in the Asia-Pacific region were lower on Monday on fears that growing inflation in the United States will cause the Federal Reserve to hold back on further interest rate cuts at a time when the economy is continuing to slow. The Shanghai Composite was down 2.62 percent to 4,876.76 while South Korea’s Kospi [...]