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Hong Kong stocks slumped nearly 2.3 per cent Thursday as pessimism gripped the market amid concerns over the earnings outlook of some big companies.
The Hang Seng Index lost 492.43 points to end the day at 20,972.29 points, down 2.29 per cent on Wednesday's close. Turnover was a relatively light 66.7 billion Hong Kong dollars.
The...
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Pakistan stocks suffered the biggest setback of the year Tuesday, plunging by 4 per cent amid mounting political uncertainty deepened by the break-up of the ruling coalition, traders said.
Traders said the collapse of the alliance in the parliament and conflicting statements from other small, but key partners of the coalition raised...
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Germany could be on the brink of a major shakeout in its fragmented banking industry with investors betting Monday on an announcement this week of an 8-billion-euro (12 billion-dollar) merger between two of the nation's leading banks.
Indeed, shares in Allianz SE jumped more than 1.0 per cent in early trading Monday on speculation...
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Hong Kong stocks jumped by 3.5 per cent Monday, spurred on by a resurgent Wall Street to stage their biggest one-day rally in five months.
The Hang Seng Index closed up 712.23 points at 21,104.79 points, 3.5 per cent higher than Friday's close. Turnover was 55.6 billion Hong Kong dollars (7.1 billion US dollars).
The strong...
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India's benchmark Sensex index fell 2.96 per cent in trading Thursday on heavy selling by funds and investors.
The 30-share index lost 434.50 points to close the day's trading at 14,243.73 points. Almost all the sectoral indices were in the red.
Similarly, the broader S&P CNX Nifty of the National Stock Exchange was also down...
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Hong Kong stocks sank 2.5 per cent Thursday, wiping out the previous day's gains, after a speculated rescue package for China's economy failed to materialize.
The Hang Seng Index ended the day at 20,392, down 539 points. Turnover was 55.7 billion Hong Kong dollars (7 billion US dollars).
The fall more than reversed the gains of...
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Jordanian stocks plunged 3.2 per cent on Wednesday in a sell-off panic that was attributed by financial analysts to inflated prices of strategic firms and lack of moving factors ahead of the fasting month of Ramadan.
The decline brought to about 7 per cent the accumulated losses of the Amman Stock Market (ASE) since the start of the...
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The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell slightly on Tuesday, to 108.26 dollars a barrel, data released by OPEC showed on Wednesday.
The price for one barrel (159 litres) of OPEC-produced crude was down 0.42 dollars Tuesday, compared with 108.68 dollars on the previous...
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Hong Kong stocks rebounded by 2.1 per cent Wednesday on hopes that China may announce a package to help the mainland economy.
The Hang Seng index closed at 20,931, up 446 on the previous day when the index fell to its lowest level in a year on continued pessimism over slowing economic growth.
Analysts attributed the rise Wednesday...
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The Thai baht hit a nine-month low against the dollar Wednesday, trading at 34.15 to the greenback, bank sources said.
The sharp decline in the currency was attributed to heavy buying of dollars by foreign banks in Thailand and importers, said the Kasikorn Research Center, a think-tank attached to Kasikorn Bank.
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.787 |
0.670 |
93.525 |
| EUR |
1.271 |
------ |
0.852 |
118.837 |
| GBP |
1.492 |
1.174 |
------ |
139.549 |
| YEN |
0.011 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 | 40.24 (0.29%) | | Nasdaq | 2,747.11 | 6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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