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 [...]
European equities see gains on US data, corporate results

European equities markets were higher Friday, helped by data on consumer spending from the United States and by corporate results from both sides of the Atlantic, but trade volumes were low as London markets were closed for celebrations of the royal wedding there. The FTSE Eurofirst 300 was up 0.24 percent to 1,156.42 while the [...]
European markets see gains

European equities markets were up Tuesday as they bounced back from Monday’s declines. The FTSE Eurofirst 300 was up 1.16 percent to 1,479.71. Madrid’s IBEX gained 1.03 percent to 15,700 while the Paris CAC-40 was 1.36 percent higher to 5,506.58 and the Dax added 1.58 percent to 7,630.31. Car and truck makers were higher on [...]
Wall Street hurt by consumer sentiment, quarterly results

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 was 0.2 [...]
Carmakers lower, miners higher in Tokyo

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 in the [...]
Global markets soar after US interest rate cut

Asia-Pacific equities markets saw gains, many of them substantial, on Wednesday after the US Federal Reserve decided on Tuesday to cut US interest rates by 0.5 percent to 4.75 percent. The only major exception was the Shanghai Composite, which dropped 0.55 percent to 5,395.26 in China. In Taiwan, the Taiex added 0.3 percent to 8,926.38. [...]
Asia-Pacific mostly higher on boost in confidence

Most equities markets in the Asia-Pacific region were up Thursday, benefiting from a move by Bank of America (NYSE: BAC; TYO: 8648) to buy $2 billion worth convertible preferred stock in Countrywide Financial (NYSE: CFC), which gave investors confidence that the worst of the subprime mortgage chaos could be over. The Shanghai Composite added 1. [...]
Central banks inject more liquidity to ease concerns

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 Federal Reserve [...]
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 [...]
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 [...]