Asia
USD dips and Gold rises
Gold futures on the New York Merc closed higher Thursday as the USD dipped against the EUR and the GBP, Sliver and Platinum gained too.
The most active Gold contract for April delivery rose 0.10, or 0.01%, to finish at US$1,108.2 oz.
The revival of the US trade and labor markets and the fear of China’s inflation [...]
Japan’s current accounts balance in Black for 12th straight month in January
Japan posted a current account** surplus of 899.8 billion yen (US$9.9B) in January, the Ministry of Finance (MOF) said in a preliminary report Monday. January’s figures, which mark the 12 th consecutive month the current account has stayed in the Black, compare to a record deficit of 132.7 billion yen (US$1.46B) posted the same month [...]
Asia to Post Losses, Bargains on Offer
Most Asian Exchanges will post losses today after another sideways night in the USA. Many exchanges across Asia started to drift yesterday afternoon and today that direction will continue. Bangkok rallied in defiance of the political protests.
In Hong Kong, the Hang Seng Index ended in positive territory with a marginal gain of 19.91 points, or [...]
Japan Improving
Japan’s current accounts balance in Black for 12th straight month in January
Japan posted a current account** surplus of 899.8 billion yen (US$9.9B) in January, the Ministry of Finance (MOF) said in a preliminary report Monday.
January’s figures, which mark the 12 th consecutive month the current account has stayed in the Black, compare to a [...]
Kia Motors’ global sales jump 39.5% in February
Kia Motors Corp., South Korea’s 2nd largest automaker, had a year-on-year global sales increase of 39.5% in February this year, selling a total of 143,267 vehicles, the company said Thursday.
The sales increase in February was a result of Kia’s double- digit year-on-year sales growth in all regions: it gained 128.6% in China with 25,435 units [...]
Asia in for Another Flat Day, Afternoon Drift Expected
No direction over night in the USA and having been flat for a few days we will probably drift lower, Thailand was surprisingly bouyant today as investors snapped up bargains on the eve of the political protests.
The SET index closed yesterday at 720.84, up 2.07, in thin trade worth 12.8 billion baht. For the year [...]
US Seeks Access to Asian Markets, by Complaining
In an strange move the US will seek to gain access to new market by publishing a report on all the things they do not like. The United States said it would expose “troublesome” foreign trade barriers in a strategy to prise open markets for doubling American exports to ease an unemployment crisis at home.
“I [...]
Renewable Energy in ASEAN
CEO Chris D’Couto of Neah Power issued the following letter to shareholders this week.
Dear Shareholder:
As you may know, I am about to depart for Bangkok, Thailand, to present our unique fuel cell-based products and services to Government and Business Leaders from around the world, especially in Asia, at “Save Our Planet 1″, on March 12, [...]
India and Singapore Exchanges in discussion
10 March 2010 – National Stock Exchange of India Limited (NSE) and Singapore Exchange (SGX) have signed a Memorandum of Understanding (MOU) to cooperate in the development of a market for India-linked products.
Under the MOU, both exchanges aim to explore future collaboration in the expansion, development and promotion of India-linked products and services to be [...]
ASEAN, India, China to Fall, Shayne Heffernan
The MSCI Asia Pacific Index was little changed at 122.54 in Tokyo, with about two stocks declining for every one that advanced. Materials companies dropped the most among the gauge’s 10 industry groups.
The index has risen 74 per cent since March 9 last year, when it sank to its lowest level since the September 2008 [...]
Email Alerts
Guest: China reported sharper-than-expected increases in consumer and producer prices.
Guest: China Gerui Advanced Materials (CHOP) Shares Climb 6% After Earnings Report
Guest: China Mobile (ADR) (NYSE: CHL) has agreed to acquire 20 percent stake in Shanghai Pudong Development Bank. Deal expected to be worth $5B
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