Moneycontrol Global Markets

European shares weaken as growth outlook darkens

Wed, 22 Feb 2012 15:36:08 +0530

The euro and European shares edged lower on Wednesday after economic data suggested the euro zone may slide back into recession, hurting the global economic outlook, while concerns about the sustainability of the latest Greek bailout deal also weighed.

China PMI lifts Nikkei to highest level in six months

Wed, 22 Feb 2012 13:16:08 +0530

Japan's Nikkei share average rose 1 percent on Wednesday to its highest in six months, boosted by news that China's manufacturing sector rose to a four-month high in February although it remained in contraction territory.

US markets end mixed; crude rises to 9 month high

Wed, 22 Feb 2012 07:47:42 +0530

The US markets ended mixed after a choppy session. Higher oil prices and profit booking after the Greek rescue package led the markets lower. The Dow however touched 13,000 intraday.

Asia trading lower; Hang Seng down, Nikkei flat

Wed, 22 Feb 2012 07:41:42 +0530

At 7:38 am (IST), Asian markets were trading lower.

Markets pause as Greece reality bites, oil worries

Wed, 22 Feb 2012 06:10:05 +0530

Asian markets lost momentum on Wednesday as investors worried about the realities of Athens restructuring its debt, the fragility other euro zone states and rising oil prices.

World stocks cautious after Greek deal

Tue, 21 Feb 2012 14:00:02 +0530

The euro steadied after an initial jump and European stocks were lower after the agreement of a second bailout deal for Greece removed the threat of a disorderly bond default but left markets unconvinced it could avoid further turmoil.

Nikkei fails to top 9,500, Mazda falls 10%

Tue, 21 Feb 2012 13:36:02 +0530

Japan's Nikkei share average dipped after failing to top the key 9,500 level on Tuesday, while Mazda Motor Corp shed nearly 10 percent on a report that it will raise $2 billion through a share issue and loans to shore up its finances.

Asian stocks pare losses on Greek deal

Tue, 21 Feb 2012 09:26:02 +0530

The euro jumped and Asian stocks pared losses on Tuesday after euro zone policy makers agreed to a second bailout package for Greece in marathon talks that went deep into the Brussels night.

Asian markets trading lower; Hang Seng slips

Tue, 21 Feb 2012 07:43:02 +0530

At 7: 42 am (IST), Asian markets were trading lower.

Asian stocks, euro ease as markets await Greek deal

Tue, 21 Feb 2012 06:42:02 +0530

Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.

Greek bailout hopes shore up markets

Mon, 20 Feb 2012 22:21:28 +0530

Markets were optimistic today that Greece will finally secure a massive but long-delayed international bailout, allowing the debt-crippled country to avoid defaulting on its debts next month.

World stocks rise on Greek hopes, China easing

Mon, 20 Feb 2012 14:02:02 +0530

Shares and the euro moved higher on Monday as investor appetite for riskier assets was boosted by expectations Greece will secure a second bailout deal and after a surprise policy easing by China.

Market outlook: Everyone is waiting for a stock pullback

Mon, 20 Feb 2012 12:10:01 +0530

Markets head into the week ahead on a tentative note, even as Greece looks set to get its bailout funds.

SP warns Japan on debt, affirms AA- rating

Mon, 20 Feb 2012 11:16:02 +0530

Standard Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes.

Asian markets buoyed by China easing, Greece hopes

Mon, 20 Feb 2012 09:22:02 +0530

Markets rose across the board on Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets.