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Archive for  December 2012

  • US Treasuries prices rose on Tuesday as some traders bought long-dated debt to resell to the Federal Reserve after the central bank's latest purchase for a bond program aimed at lowering interest rates and helping

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  • US Treasuries prices rose on Tuesday as some traders bought long-dated debt to resell to the Federal Reserve after the central bank's latest purchase for a bond program aimed at lowering interest rates and helping

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  • Taiwan's benchmark stock index rose 0.6 percent on Wednesday to its highest closing level in almost nine weeks, joining rallies in China and other regional bourses. The main TAIEX index ended up 48.07 points at

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Chinese shares surge, boost Hong Kong

    Onshore China shares jumped on Wednesday, boosting stocks in Hong Kong, as investors cheered comments from new Communist Party chief Xi Jinping that buoyed hopes for an economic recovery. Both markets outperformed other Asian bourses

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on European shares hold on to slice of China-fuelled gains

    European shares rose on Wednesday, helped by positive comments from China on the outlook for growth there, although jitters over US budget talks and a disappointing Spanish bond sale dented sentiment. The FTSEurofirst 300 closed

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  • Australian shares rose 0.4 percent on Wednesday, winning back a good chunk of losses in the previous session, on expectations of more rate cuts after data showed the economy slowed in the third quarter. The

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Seoul shares jump; Samsung Elec at lifetime high

    South Korean shares reached their highest closing level in nearly seven weeks on Wednesday, as market heavyweight Samsung Electronics touched a life-time high. Market sentiment was buoyed by remarks from Chinese Communist Party chief Xi

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  • Mining stocks helped Britain's main share index rise on Wednesday on expectations of stronger demand from China, offsetting lingering concerns about the US and European economies. Miners added 1.8 percent after the head of China's

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  • The Australian dollar held close to two-month highs on Wednesday, unflustered by data showing the economy grew at its slowest pace in a year-and-a-half and having already shrugged off an interest rate cut earlier in

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  • The euro climbed to a seven-week high against the dollar on Wednesday, boosted by efforts to tackle the debt problems of Greece and Spain, while the dollar came under pressure from expectations of new bond

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