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Nov 15, 2012

Global stocks hit by U.S. fiscal fears, weak yen lifts Nikkei

SINGAPORE (Reuters) – Asian stocks mostly fell on Thursday, taking their lead from a drop in Wall Street shares as investors reacted to the prospect of drawn-out negotiations to avert the looming U.S. “fiscal cliff” by shedding riskier assets.

The retreat from risk also weighed on commodities, with the exception of oil, which jumped in the previous session due to rising tensions in the Middle East after Israel launched an offensive against Palestinian militants in Gaza.

Nov 15, 2012

Stocks hit by U.S. fiscal fears, weak yen lifts Nikkei

SINGAPORE, Nov 15 (Reuters) – Asian stocks mostly fell on
Thursday, taking their lead from a drop in Wall Street shares as
investors reacted to the prospect of drawn-out negotiations to
avert the looming U.S. “fiscal cliff” by shedding riskier
assets.

The retreat from risk also weighed on commodities, with the
exception of oil, which jumped in the previous session due to
rising tensions in the Middle East after Israel launched an
offensive against Palestinian militants in Gaza.

Nov 14, 2012

Asia shares, euro steady, but U.S. fiscal, Greek worries linger

SINGAPORE (Reuters) – Asian shares and the euro steadied on Wednesday but lacked the impetus for a decisive rebound, as investors continued to fret about the looming “fiscal cliff” in the United States and a delay in releasing more aid to debt-stricken Greece.

Since the re-election of U.S. President Barack Obama, markets have been focusing attention on how a divided Washington will tackle the series of mandated tax hikes and spending cuts that start to take effect next year and could pitch the world’s largest economy back into recession.

Nov 14, 2012

Stocks, euro steady, but U.S. fiscal, Greek worries linger

SINGAPORE, Nov 14 (Reuters) – Asian shares and the euro
steadied on Wednesday but lacked the impetus for a decisive
rebound, as investors continued to fret about the looming
“fiscal cliff” in the United States and a delay in releasing
more aid to debt-stricken Greece.

Since the re-election of U.S. President Barack Obama,
markets have been focusing attention on how a divided Washington
will tackle the series of mandated tax hikes and spending cuts
that start to take effect next year and could pitch the world’s
largest economy back into recession.

Oct 12, 2012

Global stocks steady, set for losing week on growth concerns

SINGAPORE (Reuters) – Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets.

Mining stocks, sold off earlier in the week, led gains after a bounce in copper and iron ore prices on Thursday.

Oct 12, 2012

Asian stocks steady, set for losing week on growth concerns

SINGAPORE (Reuters) – Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets.

Mining stocks, sold off earlier in the week, led gains after a bounce in copper and iron ore prices on Thursday.

Oct 12, 2012

Stocks steady, set for losing week on growth concerns

SINGAPORE (Reuters) – Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets.

Mining stocks, sold off earlier in the week, led gains after a bounce in copper and iron ore prices on Thursday.

Oct 10, 2012

Asia shares fall as economy gloom hits techs, miners

SINGAPORE (Reuters) – Asian shares fell on Wednesday, led by losses in technology and materials stocks after brokerage downgrades for top chip maker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) and a warning from global miner Rio Tinto (RIO.AX: Quote, Profile, Research, Stock Buzz) about the uncertain near-term outlook.

Global equities and the euro had fallen on Tuesday, knocked by gloomy forecasts from the International Monetary Fund, which said the world economic slowdown was worsening, and pessimism about the U.S. corporate earnings outlook.

Oct 8, 2012

Asia shares fall as earnings caution sets in

SINGAPORE (Reuters) – Asian stocks and other riskier assets such as commodities fell on Monday as investors remained cautious about the outlook for the global economy and corporate earnings despite better-than-expected U.S. jobs numbers last week.

Wall Street stocks dipped late on Friday as an unexpected drop in the U.S. unemployment rate was overshadowed by concerns about the earnings season, which kicks off with Alcoa Inc on Tuesday, and S&P 500 futures traded in Asia eased on Monday.

Oct 8, 2012

Asia shares down after earnings caution sets in

SINGAPORE (Reuters) – Asian stocks edged lower on Monday and other riskier assets such as commodities fell as investors remained cautious about the outlook for the global economy and corporate earnings despite better-than-expected U.S. jobs numbers at the end of last week.

Wall Street stocks dipped late on Friday as an unexpected drop in the U.S. unemployment rate was overshadowed by concerns about the earnings season — which kicks off with Alcoa Inc (AA.N: Quote, Profile, Research, Stock Buzz) on Tuesday — and S&P 500 futures traded in Asia were down a touch on Monday.

    • About Alex

      "I work on the Asia Desk in Singapore, editing general and political news stories from across the region. Before coming to Asia I was Reuters Northern Ireland correspondent."
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