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  • Dollar falls, gold rises with no US debt progress Jul 27, 2011 08:38 AM IST

    Dollar falls, gold rises with no US debt progress

    Asian stocks and the US dollar fell on Wednesday while gold hit a record high at more than USD 1,623 an ounce, as a drip feed of news out of Washington indicated politicians were making little progress on a plan to lift the US debt ceiling.

  • Asian stocks drop on weak data Jul 11, 2011 10:31 AM IST

    Asian stocks drop on weak data

    Asian stocks dropped on Monday as a spate of weak economic data from China and the US renewed concerns about the health of the global economy although sharp declines look unlikely before an emergency meeting to stem the spreading debt crisis.

  • Asian stocks pause after 5-day rally Jul 05, 2011 10:14 AM IST

    Asian stocks pause after 5-day rally

    Asian stocks were steady near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar slipped ahead of a policy meeting of the country's central bank.

  • Greek debt plan lifts stocks, euro Jun 28, 2011 08:07 AM IST

    Greek debt plan lifts stocks, euro

    Asian stocks rose and the euro held its gains on Tuesday as investors cheered an agreement by French banks to roll over Greek debt, a move that could lessen the chance of a disorderly default by the nation at the heart of Europe's debt crisis

  • Risky assets out of favour before Europe leaders meet Jun 23, 2011 11:07 AM IST

    Risky assets out of favour before Europe leaders meet

    The US dollar rose and Asian stocks fell on Thursday with investors reluctant to buy riskier assets ahead of a European leaders meeting which could be dominated by talk of Greece's debt crisis, and after the Federal Reserve cut its growth forecasts for this year and next.

  • Euro firms as Greek drama grinds on; stocks dip Jun 13, 2011 10:32 AM IST

    Euro firms as Greek drama grinds on; stocks dip

    The euro bounced on Monday, though its gains appeared short-lived as major European powers continue to haggle over a fresh rescue package for Greece, while Asian stocks extended a seven-week losing streak on fears the global recovery is losing steam.

  • Asia stocks, dollar fall as Bernanke fails to inspire Jun 08, 2011 10:39 AM IST

    Asia stocks, dollar fall as Bernanke fails to inspire

    Asian stocks fell on Wednesday and the dollar sagged after uninspiring comments from US Federal Reserve Chairman Ben Bernanke added to worries about the slowing global economy.

  • Asia stocks flat after bearish Bernanke comments Jun 08, 2011 08:31 AM IST

    Asia stocks flat after bearish Bernanke comments

    Asian stocks were flat to slightly lower on Wednesday after bearish comments from US Federal Reserve Chairman Ben Bernanke, adding to fears about the strength of the world economy.

  • Equities fall as risk on hold, US dollar steadies Jun 02, 2011 07:24 AM IST

    Equities fall as risk on hold, US dollar steadies

    Asian stocks dropped on Thursday, with investors spooked by a sell-off on Wall Street overnight and a steady stream of soft data from major economies that has put a damper on risk-taking ahead of Friday's US payrolls report.

  • Euro gains on Greece report, China PMI awaited Jun 01, 2011 08:11 AM IST

    Euro gains on Greece report, China PMI awaited

    The euro traded around three-week highs versus the dollar on Wednesday, buoyed by hopes for a fresh bailout package for debt-laden Greece, while Asian stocks were little changed as traders awaited manufacturing data from China.

  • Asian stocks rise, euro gains though investors wary May 27, 2011 01:19 PM IST

    Asian stocks rise, euro gains though investors wary

    Asian stocks posted solid gains for a second consecutive day on Friday as market players scooped up bargains while the euro pushed higher, though the currency's gains may be limited for now as fears of a Greek default weighed on sentiment.

  • Euro slips, oil off highs on euro zone debt fears May 25, 2011 02:19 PM IST

    Euro slips, oil off highs on euro zone debt fears

    The euro and oil slipped on Wednesday as a rally the previous day fizzled on fears about Europe's spreading debt crisis and the potential for a further reduction of positions in risky assets.

  • US dollar rises amid volatile commodities May 13, 2011 08:14 AM IST

    US dollar rises amid volatile commodities

    The US dollar rose on Friday, on track to post a second week of gains, with commodity prices remaining highly volatile, a factor that continues to weigh on Asian stocks.

  • Asia stocks fall with falling commodities May 03, 2011 02:01 PM IST

    Asia stocks fall with falling commodities

    Asian shares fell on Tuesday, with falling commodity prices dragging on mining stocks, while the Aussie dollar eased after the central bank held interest rates and Canada's currency rose as the ruling Conservatives won a federal election.

  • Asian stocks cheer easy Fed, dollar dismayed Apr 28, 2011 10:14 AM IST

    Asian stocks cheer easy Fed, dollar dismayed

    The dollar slumped to three-year lows on Thursday, pushing US crude to a two-and-half year high, while Asian stocks rose as investors bet that the easy US monetary policy will continue to drive money to riskier assets.

  • Asian markets extend losses amid nuclear crisis Mar 15, 2011 11:21 AM IST

    Asian markets extend losses amid nuclear crisis

    Asian stocks extended their losses today, with Tokyo diving nearly 10%, as the country's nuclear crisis deepened after two more explosions at a stricken power plant.

  • Oil falls, stocks up but investors still jittery Mar 09, 2011 08:35 AM IST

    Oil falls, stocks up but investors still jittery

    Oil prices fell on Wednesday as OPEC considered raising production, pushing up Asian stocks although investors remained on edge due to worries that unrest in the Middle East could spread to other oil exporting nations.

  • Oil eases a touch; euro runs out of steam Mar 08, 2011 09:26 AM IST

    Oil eases a touch; euro runs out of steam

    US oil futures eased from a two-and-a-half year high and the euro stalled on Tuesday, while Asian stocks remained under pressure as investors fretted that higher energy prices would stunt the global economic recovery.

  • Asia stocks set for biggest weekly rise in 3 mths Mar 04, 2011 09:22 AM IST

    Asia stocks set for biggest weekly rise in 3 mths

    Asian stocks were poised for their best weekly gains in three months as market players hunted for bargains while the euro perked up after the European Central Bank signalled a rate hike as early as next month.

  • Libya unrest keeps oil market on edge; stocks up Mar 03, 2011 08:13 AM IST

    Libya unrest keeps oil market on edge; stocks up

    Crude oil prices held near two-and-half year peaks on Thursday as worries about supply disruption persisted given ongoing unrest in Libya, but upbeat US economic news and a firmer Wall Street helped Asian stocks post modest gains.

  • Asian shares flat as oil prices trim gains Feb 23, 2011 09:49 AM IST

    Asian shares flat as oil prices trim gains

    Asian stocks were flat to slightly lower on Wednesday after Wall Street's worst showing since August, and oil hovered near two and half year highs as the revolt against Libya's Muammar Gaddafi reduced crude output in Africa's third-largest producer

  • Asian stocks set for best week in two months Feb 18, 2011 10:00 AM IST

    Asian stocks set for best week in two months

    Asian stocks are set to finish their best week in two months as investors scooped up bargains amid signs that heavy selling of the past few weeks was drawing to a close.

  • Asian stocks shine as Egypt worries fade Feb 14, 2011 09:23 AM IST

    Asian stocks shine as Egypt worries fade

    Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while US crude steadied near USD 85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.

  • Asia stocks rise on upbeat US jobs data, dollar firm Feb 07, 2011 09:09 AM IST

    Asia stocks rise on upbeat US jobs data, dollar firm

    Asian stocks rose on Monday as the US job market showed further signs of recovery, highlighting a brighter outlook for its economy, while the dollar held firm against a basket of other major currencies.

  • US data buoys Asian stocks, oil hovers above USD 100 Feb 01, 2011 04:37 PM IST

    US data buoys Asian stocks, oil hovers above USD 100

    Asian stocks rose on Tuesday, led by shares of resource companies, as strong US factory data and surging commodities prices offset fears that unrest in Egypt could spread to other parts of the Middle East

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