Asia stocks gained on Monday with investors piling back into the financial sector after a smaller than expected loss at U.S. giant Citigroup late last week. Major banks such as Hong Kong's HSBC were among the top performers. But around the region signs that demand is weak and inflation continues to rise. New research showed personal computer shipments in Asia grew by a less than expected 15 percent in the second quarter. The data excluded Japan but showed that growth in key markets such as India and Korea was softer than expected. China PC maker Lenovo saw the largest market growth with 18 percent of Asia's market share. Taiwan producer Acer took fourth place in share of market growth behind U.S. computer makers. Vietnam raised fuel prices by as much as 36 percent just two weeks after the government ruled out a rise in fuel prices for the rest of the year. The steep increase came as a shock to consumers and the country now follows other Asian nations which have hiked consumer...
Asia stocks fell sharply on Friday with investors spooked by a major fall on Wall Street and persistent worries about the health of the global economy. Hong Kong stocks were among the worst...
Asia stocks dropped for a fourth consecutive session on Wednesday with sky high oil prices and inflation woes punishing markets across the region. Japan's Nikkei fell 1.3 percent (13,286 ) with...
Asia stocks ended mixed after a topsy turvy session which saw shares dive on credit woes then recover on talk of Japan banking sector deals. Japan's Nikkei ended 1.2 percent higher ( 15,212) its...
Asian investors continued to eye inflation on Friday with shipping stocks among the big losers. A record drop in the global freight index and mounting worries that high oil prices will hurt global...
Asia stocks sank on Friday with growing U.S. recession worries coming back to haunt investors. Tokyo's 's Nikkei fell 2.3 percent (13,603), taking back some precious gains made over the past few...
A down day for Asian shares on Friday with the property sector among the worst performers on renewed worries about the U.S. economy. Japan's Nikkei fell 1.6 percent (15,155) . The index is...
U.S. financial woes continued to weigh on Asian confidence and regional banks on Tuesday, sending markets to multi-year lows. The region faces rapidly escalating inflation, a stricter lending...
New Delhi, June 20(ANI): India’s annual inflation jumped to 13 year high of 11.05 percent powered by a fuel price rise. The rise in petrol, diesel and cooking gas prices announced by the...
Asian shares touched multi-month lows Monday on financial sector jitters, reacting little to promises of greater oil supply. Saudi Arabia said it was ready to increase output, although Middle East...
Stocks tumble again, with industrial and tech shares hardest hit. The Dow fell by 172 points. The S&P slid over 20 points. While the Nasdaq dropped 61, a loss of 2%. The possibility of...
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