Stocks firm, dollar sags after Fed-inspired rally
SINGAPORE, Sept 17 (Reuters) – Asian stocks touched their
highest in more than four months on Monday and gold, oil and
copper hovered near multi-month highs, after rallying late last
week on hopes that fresh stimulus from the world’s top central
banks will support flagging growth.
The dollar languished near its lowest in seven months, as
the aggressive new securities-buying programme announced by the
Federal Reserve on Thursday tempted investors back into riskier
assets such as equities and commodities.
Asian stocks hold firm after Fed-inspired rally
SINGAPORE (Reuters) – Asian stocks held steady on Monday and gold, oil and copper hovered near multi-month highs, after markets rallied late last week on hopes that fresh stimulus measures from the developed world’s big central banks will support flagging growth.
The dollar languished near its lowest in seven months, as the aggressive new securities-buying program announced by the Federal Reserve on Thursday tempted investors back into riskier assets such as equities and commodities.
Malaysia’s Felda soars 19 pct in world’s 2nd largest IPO
KUALA LUMPUR, June 28 (Reuters) – Shares of Malaysia’s Felda
Global Ventures Holdings Bhd (FGVH.KL: Quote, Profile, Research) jumped as much as 19.3
percent in its debut on Thursday as the $3.1 billion initial
public offering (IPO)overcame a slump in stock flotations
globally.
A string of Asian IPOs have been delayed or scrapped in
recent weeks as investor worry about Europe’s debt crisis and
China’s slowing economy, as well as Facebook’s (FB.O: Quote, Profile, Research) botched
listing in May. [ID:nL4E8GU83J]
Asian shares ease as growth fears persist
SINGAPORE (Reuters) – Asian shares mostly slipped on Monday and the safe-haven dollar rose as concerns about faltering global growth and Europe’s intractable debt crisis continued to sap investor confidence, but Japanese stocks were supported by a weaker yen.
The euro fell, despite moves late last week to ease funding strains on the euro zone banking system, as markets remained unconvinced that a European Union summit on Thursday and Friday will make substantial progress towards resolving the crisis.
Asia stocks fall as US data darkens global outlook
SINGAPORE, June 22 (Reuters) – Asian shares fell on Friday
and the safe-haven dollar hovered near its highest in a
week-and-a-half after weak manufacturing data from the United
States, Europe and China heightened fears over the outlook for
global growth.
A long-expected downgrade to the credit ratings of 15 of the
world’s biggest banks by ratings agency Moody’s added to the
gloom, which also weighed on commodities and currencies such as
the Australian dollar that are linked to resource demand.
Asian shares down as Fed, China disappoint
SINGAPORE (Reuters) – Asian stocks slipped and commodities fell broadly on Thursday after the Federal Reserve disappointed some investors with only a limited expansion of monetary stimulus and a survey showed China’s vast factory sector slowed for an eighth month running.
The U.S. central bank, as expected, extended its programme of selling short-term securities and buying longer-dated ones, a move aimed at driving down borrowing costs, but did not signal a more aggressive third round of quantitative easing.
Global shares struggle, commodities down as Fed disappoints
SINGAPORE (Reuters) – Asian stocks struggled and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding “Operation Twist”, but disappointed some investors who had been hoping for more aggressive measures.
The U.S. central bank, as expected, extended its program of selling short-term securities and buying longer-dated ones, a move aimed at driving down borrowing costs, but did not signal a third round of quantitative easing.
Shares struggle, commodities down as Fed disappoints
SINGAPORE, June 21 (Reuters) – Asian stocks struggled and
commodities fell broadly on Thursday after the Federal Reserve
ramped up monetary stimulus by expanding “Operation Twist”, but
disappointed some investors who had been hoping for more
aggressive measures.
The U.S. central bank, as expected, extended its programme
of selling short-term securities and buying longer-dated ones, a
move aimed at driving down borrowing costs, but did not signal a
third round of quantitative easing.
Asian shares rise as investors bet Fed will ‘Twist’ again
SINGAPORE (Reuters) – Asian shares rose on Wednesday and the euro clung to most of the previous session’s gains as investors bet that Europe’s worsening debt crisis and faltering global growth will prompt major central banks to launch a new round of monetary stimulus.
Attention was focused on the U.S. Federal Reserve, which concludes a two-day policy meeting later on Wednesday, with expectations high that the central bank will extend its bond-buying programme dubbed “Operation Twist”.
Global shares rise as investors bet Fed will “Twist” again
SINGAPORE (Reuters) – Asian shares rose on Wednesday and the euro clung to most of the previous session’s gains as investors bet that Europe’s worsening debt crisis and faltering global growth will prompt major central banks to launch a new round of monetary stimulus.
Attention was focused on the U.S. Federal Reserve, which concludes a two-day policy meeting later on Wednesday, with expectations high that the central bank will extend its bond-buying program dubbed “Operation Twist”.
