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| Asia Market Update Archive: |
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World Markets Edge Lower, AIG to Trim AIA Stake
Mar 05, 4:17 PM ET |
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| Financial markets around the world and commodities declined after China lowered its economic growth outlook in the current year. BP Plc agreed to pay $7.8 billion to settle more than 100,000 claims related to Gulf of Mexico oil spill. |
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Weekly Advance Extends U.S. Rally; Gold, Oil Fall
Mar 02, 3:32 PM ET |
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| U.S. indexes struggled today but extended the weekly advance extending the rally of the last eight weeks. The euro weakened after Spain raised its budget deficit estimate and German retail sales declined. Japan plans to take control of troubled utility Tepco with $12 billion bailout. |
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Nikkei at 7-month High; Tepco Agrees to Government Control
Mar 02, 10:51 AM ET |
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| Japanese stocks traded higher as the weaker yen lifted auto makers and electronics exporters and shipping companies advanced on the hopes of rising freight to Europe. Tepco is said to have agreed to exchange a majority stake in the company for 1 trillion yen from the government. |
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Wall Street Gains as Auto Sales Surge; Oil Above $109
Mar 01, 4:12 PM ET |
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| U.S. stocks and commodities gained after construction spending and manufacturing indexes fell. Auto sales surged in February and same store sales at select retail chains were ahead of expectations. European ministers approved the rescue fund bond issuance. |
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U.S. and Global Markets Sideways; Gold Down 4%
Feb 29, 4:01 PM ET |
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| World markets focused on the second instalment of cheap loans from the European Central Bank allowing politicians to find ways to stimulate growth. Asian markets gained after Japan and South Korea reported manufacturing advances and growth in India faltered. Gold and silver dropped more than 4%. |
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World Markets Sideways; U.S. Home Prices at 9-year Low
Feb 28, 4:01 PM ET |
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| Tech stocks advanced and commodities gained as U.S. indexes gained a fraction. European markets were cautious as banks prepare to participate in the second extended loan program. Japan based Elpida Memory filed bankruptcy protection and the dollar edged lower against the euro. |
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Nikkei Rises 0.9%, Elpida Files Bankruptcy
Feb 28, 9:03 AM ET |
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| Stocks in Tokyo trading closed higher reversing earlier losses in the day after the largest PC chipmaker Elpida Memory Inc filed for a bankruptcy protection with $5.6 billion in debt. Shipping companies declined for the second day in a row. |
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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