Singapore Stocks-Edge down, NOL outperforms
(Reuters
-
02/03/2012)
Singapore shares fell slightly on Thursday, weighed down by Southeast Asia's largest telecoms firm Singapore Telecommunications Ltd and Wilmar International Ltd, the world's largest listed palm oil firm. By 0500 GMT the Straits Times Index (STI) was down
|
Singapore Stocks: Resistance Expected At 3,000 Points
(RTT News
-
02/03/2012)
The Singapore stock market has finished higher now in back-to-back sessions, climbing almost 50 points or 1.6 percent along the way. The Straits Times Index wound up just shy of the 2,995-point plateau, and now traders are expected to take profit when
|
Asian Stocks Rise, Headed for Bull Market, on Economic Optimism
(Bloomberg
-
02/03/2012)
Asian stocks rose, with the benchmark index set to enter a bull market, after U.S. consumer confidence beat expectations and factory output in Japan and South Korea gained, boosting optimism for global demand. Yue Yuen Industrial Holdings Ltd., which
|
Fitch affirms HSBC Amanah Takaful at IFS 'A-'/Stable
(CPI Financial
-
02/03/2012)
Fitch Ratings said it has affirmed HSBC Amanah Takaful’s (Malaysia) rating at 'A-' with Stable Outlook. Fitch said the rating reflects continuing parental support from HSBC Holdings, given its important complementary role in the insurance franchise of
|
Japan February Monetary Base +11.3% On Year
(RTT News
-
02/03/2012)
The monetary base in Japan was up 11.3 percent on year in February, the Bank of Japan said on Friday, standing at 112.44 trillion yen. That follows the 15.0 percent annual expansion in January. Banknotes in circulation were up 2.2 percent on year, while
|
Bond yields seen up tracking oil; debt buy eyed
(Reuters
-
02/03/2012)
Government bond yields are expected to open higher tracking a sharp rise in global crude oil prices, further aggravating inflationary pressures and increasing the likelihood that the Reserve Bank of India could delay an expected interest rate cut,
|
Nifty seen opening higher on positive global cues
(The Economic Times
-
02/03/2012)
The 50-share Nifty index is expected to open higher on Friday tracking positive Asian markets which rose on positive US jobs and retail data. The much talked about ONGC share sale, fell short of governments target of $2.5 billion auction of shares. The
|
Sensex opens in the green
(The Hindu Business Line
-
02/03/2012)
The Bombay Stock Exchange benchmark Sensex opened 71 points higher today on fresh buying and firm global cues as a second massive cash infusion by the European Central Bank eased debt worries and buoyed global equity markets. However, outcome of Uttar
|
Nikkei rises, but struggles to clear major resistances
(Reuters
-
02/03/2012)
Japan's Nikkei share average rose on Friday following Wall Street's climb, but it struggled to break above key chart points and gave up some early gains on profit-taking as some traders said the market's rally last month was too fast. While investors
|
South Korean Manufacturing Improves First Time In 7 Months
(RTT News
-
02/03/2012)
South Korea's manufacturing business conditions improved for the first time in seven months in February, a survey by Markit Economics showed Friday. The headline HSBC purchasing managers' index for the factory sector rose to 50.7 in February from
|
RBI revises supervisory framework for urban co-operative banks
(Business Standard
-
02/03/2012)
The Reserve Bank of India (RBI) on Thursday revised the supervisory action framework for urban co-operative banks, saying in case of financial woes, banks must be the first to take corrective steps. Earlier, RBI had initiated action against ailing urban
|
ICICI revises savings account charges
(Business Standard
-
02/03/2012)
India’s largest private sector lender, ICICI Bank, has increased service charges on savings bank accounts and has also imposed a fee on mobile transfers. It peer, HDFC Bank, had also introduced a new set of charges in January. Starting April, ICICI Bank
|
KL shares higher at midmorning
(Bernama
-
02/03/2012)
At 10.30 am today, there were 321 gainers, 184 losers and 284 counters traded unchanged on the Bursa Malaysia. The FBM-KLCI was at 1,583.26 up 9.81 points, the FBMACE was at 4,681.72 up 27.77 points, and the FBMEmas was at 10,935.97 up 57.22 points.
|
US stocks higher following Europe's gains
(Business Times
-
02/03/2012)
US stocks closed higher Thursday but failed to lock in early strong gains helped by positive jobs data and a key ruling for the pending Greek debt writeoff that had boosted the Dow back above the 13,000 line. The Dow Jones Industrial Average finished up
|
Hong Kong shares to open up 1.1 pct, developers strong
(Reuters
-
02/03/2012)
Hong Kong shares were set to open higher on Friday, bolstered by local developers as a fresh liquidity injection by the European Central Bank begins to trickle into the territory's market. The Hang Seng Index was set to start up 1.08 percent at
|
Nifty hovers near 5300; DLF,BHEL,L&T,Wipro down
(The Economic Times
-
01/03/2012)
The National Stock Exchange's Nifty was witnessing a rangebound session as institutional investors were busy with auction sale of ONGC, say dealers. The US Federal Reserve's indication of no further stimulus package and slowdown in manufacturing sector
|
Hong Kong Jan. Retail Sales Grow Less Than Forecast
(RTT News
-
01/03/2012)
Hong Kong's retail sales value as well as volume increased less than expected in January, the Census and Statistics Department said Thursday. The annual growth in retail sales value slowed to 14.9 percent from 23.5 percent in December. Economists were
|
Sensex ends down 200 pts
(Business Standard
-
01/03/2012)
Markets ended 1% down on Thursday as disappointing third quarter GDP growth, the slowest pace in nearly three years, weighed on investor sentiment. The losses were led by financial and index heavyweights. The Sensex provisionally closed at 17,552 down
|
FIIs infuse record $5.12 b in equities in Feb
(The Hindu Business Line
-
01/03/2012)
Investment by overseas investors into the Indian stock market since the beginning of 2012 has crossed $7-billion level, out of which more than $5 billion were pumped in February. Foreign Institutional Investors (FIIs) infused $5.12 billion (about Rs
|
KL stocks close marginally higher
(Business Times
-
01/03/2012)
Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur. The FTSE Bursa Malaysia KLCI Index rose 0.2 per cent to 1,573.45, its highest close since July 15.
|
European shares ease further; growth in focus
(Reuters
-
01/03/2012)
European shares eased on Thursday, extending the recent period of consolidation as investors digest central bank cash injections and look for a catalyst for fresh gains at a time of, at best, mixed economic growth. The European Central Bank's broadly
|
Swiss Economy Unexpectedly Expands In Q4
(RTT News
-
01/03/2012)
The Swiss economy unexpectedly expanded in the fourth quarter, bolstered by strong private consumption and foreign trade, data released by the State Secretariat for Economic Affairs, or SECO, showed Thursday. The gross domestic product rose 0.1 percent
|
Exports grow 10.1% to $25.3 b in Jan
(The Hindu Business Line
-
01/03/2012)
Exports grew 10.1 per cent year-on-year in January to $25.34 billion despite weak demand in the Western markets, reversing a declining trend shown since the peak of July 2011. However, the growth rate was a marginal increase over December 2011. The
|
Hong Kong shares close down 1.4 pct, banks and property hit
(Guardian.co.uk
-
01/03/2012)
Hong Kong shares fell on Thursday, dragged lower by banks and developers on renewed fears of capital-raising, while a report that Chinese bank lending in February was lower than expected added to downward momentum. The Hang Seng Index finished down 1.35
|
Spain Feb factory decline confirms recession track-PMI
(Guardian.co.uk
-
01/03/2012)
Spain's manufacturing sector shrank for the tenth straight month in February, bucking forecasts for an easing in the pace of contraction and putting Spain on course for a new recession, a survey showed on Thursday. The Purchasing Managers Index for the
|