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Archive for  December 2012

  • Japan's Nikkei average dropped on Thursday in active trade after the central bank's third dose of monetary stimulus disappointed the market and triggered profit-taking, although the index managed to end above 10,000. The Nikkei shed

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Thursday’s midday trade: stocks little changed

    US stocks were little changed on Thursday as investors fretted that a deal on the US budget wouldn't come as soon as they had hoped after President Barack Obama threatened to veto a controversial Republican

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Wall Street falls as ‘cliff’ talks sour

    US stocks sold off late in the day to close at session lows on Wednesday as talks to avert a year-end fiscal crisis turned sour, even as investors still expect a deal. The S&P 500

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Dubai’s index rallies to 10-day high

    Dubai's index hit a 10-day high on Thursday as investors target high dividend yield stocks, while other regional markets mixed ahead of a weekend which promises more protests in Egypt. Dubai's benchmark rose 0.6 percent

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  • Seoul shares rose on Thursday, bucking declines in other Asian markets, after the election of South Korea's new president raised hopes for policies to boost sectors from property to stock markets. The Korea Composite Stock

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Bonds rally as higher yields lure buyers

    US Treasuries yields fell from two-month highs on Wednesday as buyers were lured by the debt's higher rates and as the Treasury saw solid demand for a sale of new seven-year notes. Buyers came to

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Bonds rally as higher yields lure buyers

    US Treasuries yields fell from two-month highs on Wednesday as buyers were lured by the debt's higher rates and as the Treasury saw solid demand for a sale of new seven-year notes. Buyers came to

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on Hong Kong shares end near 17-month peak; China crawls higher

    Hong Kong shares ended at their highest level in nearly 17 months on Thursday trade, as investors rotated into HSBC Holdings and Standard Chartered after taking profits in Chinese banks that outperformed recently. Onshore Chinese

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    • News Desk
    • Dec 21st, 2012
    • Comments Off on European shares stutter as US budget talks stall

    European shares stuttered on Thursday as indexes approached overbought levels and budget talks in the United States stalled, with cruise operator Carnival plunging 6 percent on concerns about its earnings outlook. The FTSEurofirst 300 closed

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  • Taiwan stocks ended 1.07 percent lower on Thursday as defensive shares such as car makers and biotech counters weighed, both down more than 2.5 percent. The main TAIEX index fell 82.01 points to 7,595.46, extending

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