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Business 05 Jul 2012 | 12:00 AM

Shares ease from rally, euro stressed before ECB decision

TOKYO: A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations of a rate cut to support fragile euro zone growth.

Business 04 Jul 2012 | 12:00 AM

Shares rise on hopes of more monetary stimulus

TOKYO: Asian shares rose on Wednesday as investors kept hopes high for more monetary policy stimulus to support the faltering global economy, but trading may be subdued with U.S. markets closed for the Independence Day holiday.

Business 03 Jul 2012 | 12:00 AM

Shares gain as weak factory data boost easing hopes

TOKYO: Asian shares rose on Tuesday as manufacturing data around the world highlighted the drag on growth from the protracted euro zone debt crisis, raising expectations that major central banks will take further policy steps to support the fragile economy.

Business 03 Jul 2012 | 12:00 AM

Shares gain as weak data boosts rate cut hopes

LONDON: European shares joined a global rally in stocks on Tuesday as expectations rose that major central banks will take more policy action to support the world economy, after factory data showed the negative impact of the euro zone debt crisis.

Business 02 Jul 2012 | 12:00 AM

Shares rise on euro zone bank relief, data in focus

TOKYO: Asian shares rose on Monday with sentiment brightening at the start of the third quarter after Europe agreed to shore up the region's banks, while investor attention is turning to the health of the U.S. economy.

Business 02 Jul 2012 | 12:00 AM

M'sian stocks likely to trend higher this week

KUALA LUMPUR: THE FTSE Bursa Malaysia KLCI (FBM KLCI) will most likely trend higher this week as the outcome of the European Leaders Summit is expected to be a favourable impact coupled with encouraging global economic data and local window dressing activities.

Business 02 Jul 2012 | 12:00 AM

Giant Japan public fund picks six firms to manage emerging market equities

TOKYO: Japan's Government Pension Investment Fund, the world's biggest public pension fund, said on Monday it had selected six asset management companies to actively manage emerging market equities in its $1.35 trillion portfolio.

Business 27 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Stocks up, euro dips as technicals offset Spain worry

NEW YORK: Wall Street stocks rose and the euro fell to its lowest level versus the U.S. dollar in over two weeks on Tuesday, as technical buying offset a near tripling in Spanish debt costs on doubts a European summit can ease the region's debt crisis.

Business 27 Jun 2012 | 12:00 AM

Fading hopes for EU summit leave euro flat

LONDON: European shares edged up on Wednesday but the euro was flat, with investors increasingly cautious a day ahead of an EU leaders summit that few expect will do much to resolve the region's debt crisis, now in its third year.

Business 26 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Stocks, euro slide on European summit doubts

NEW YORK: Global stock indexes and the euro sank on Monday on doubts that a European summit this week would move any closer to solving the region's festering debt crisis, a pessimistic outlook that sparked a bid for safe-haven assets.