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Archive for  December 2012

  • US Treasuries prices eased on Monday after Spain sought help for its banks and data showed the pace of Chinese manufacturing quickened, damping demand for safe-haven US debt. The market's losses were sharply limited, however.

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  • US Treasuries prices eased on Monday after Spain sought help for its banks and data showed the pace of Chinese manufacturing quickened, damping demand for safe-haven US debt. The market's losses were sharply limited, however.

    Read More

  • Onshore China shares staged a reversal of early losses on Tuesday, with the beleaguered alcohol sector leading an index bounce off near four-year lows and bolstering gains in Hong Kong. But strength in Chinese telecommunication

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on European shares stumble at multi-month peaks

    European equity indexes closed off multi-month highs on Tuesday, possibly pausing before a renewed challenge on technical resistance levels into the year-end. The pan-European FTSEurofirst 300 closed flat at 1,121.25 points, failing to hold on

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Southeast Asian markets: Thailand off peak, Manila at record high

    Thailand's stock market edged down on Tuesday from a 16-1/2-year high while others closed mixed with Philippines hitting a record close for a seventh session as confusing signals on the global economy weighed on the

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  • South Korean shares eased from a six-week high on Tuesday, but trimmed early losses to end only slightly lower as foreign and retail investor buying helped offset the impact of weak US manufacturing data. The

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Domestic growth caps UK shares ahead of budget statement

    Britain's top share index closed flat on Tuesday, underperforming most European bourses as a swathe of downbeat domestic data outweighed optimism about crisis-hit Spain and Greece. British construction activity shrank last month, and confidence about

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  • The yuan closed a fraction firmer against the dollar on Tuesday, starting and ending the day at the strongest level permitted by an official daily trading range, but the central bank's refusal to let the

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Dollar, euro slip against yen in Asia

    The dollar and euro slipped against a resurgent yen on Tuesday after US manufacturing activity hit a three-year low in November, while the Australian dollar held its gains after the Reserve Bank of Australia cut

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  • The euro extended gains on Tuesday on expectations a buyback of Greek bonds would go smoothly and as borrowing costs for indebted euro zone countries fell. The euro could see more gains if Spanish and

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