Asian shares edge up as resource stocks bounce back
SINGAPORE (Reuters) – Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high.
Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on concerns of easing demand for resources, but commodities themselves were mixed, with copper inching up while oil lost a little ground.
Growth worries hit Asian shares
SINGAPORE (Reuters) – Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a slowdown in the global economy.
Materials stocks such as miner BHP Billiton were prominent among the losers, but crude oil steadied after tumbling overnight and copper bounced off a 2-week low.
Asian shares fall on global growth worries
SINGAPORE, March 23 (Reuters) – Asian shares fell on Friday
and growth-linked currencies such as the Australian dollar were
shunned after data showing shrinking factory activity in China
and the euro zone heightened concerns about a slowdown in the
global economy.
Materials stocks such as miner BHP Billiton led the
losses on growth concerns, but crude oil steadied after tumbling
overnight and copper bounced off a 2-week low.
Chinese shares lead a slip in Asia
SINGAPORE (Reuters) – Shares slipped on Tuesday, led by losses in Hong Kong and Shanghai on underwhelming corporate earnings, while the euro held near its highest level in a week on easing fears about wider damage to the financial system from Greece’s debt crisis.
Commodities were broadly weaker, with base and precious metals both edging down, while crude oil eased more than half a percent on an improved supply outlook as Libyan exports are returning to pre-war levels faster than expected.
Asian shares fall, led by China; euro steady
SINGAPORE, March 20 (Reuters) – Asian shares slipped on
Tuesday, dragged down by losses in Hong Kong and Shanghai, while
the euro held near its highest level in a week after an orderly
auction of Greek default insurance eased fears about the threat
to the single currency posed by Greece.
Commodities were broadly weaker, with base and precious
metals both edging down, while crude oil eased around half a
percent on an improved supply outlook as Libyan exports are
returning to pre-war levels faster than expected.
Euro jumps, but Greek deal fails to ignite stocks
SINGAPORE (Reuters) – The euro jumped and U.S. Treasuries dipped on Tuesday after euro zone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued.
The single currency initially jumped more than half a cent after finance ministers approved a 130-billion-euro rescue, with strict conditions, that averts an default next month by Athens.
Asian stocks pare losses on Greek deal
SINGAPORE (Reuters) – The euro jumped and Asian stocks pared losses on Tuesday after euro zone policy makers agreed to a second bailout package for Greece in marathon talks that went deep into the Brussels night.
The single currency jumped around half a cent after euro zone finance ministers approved a 130-billion-euro rescue, with strict conditions, that averts an imminent default by Athens.
Asian stocks, euro ease as markets await Greek deal
SINGAPORE (Reuters) – Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.
Euro zone finance ministers were expected to approve a 130-billion-euro rescue with strict conditions after months of uncertainty that has shaken the currency bloc, although work remained to be done to make the numbers add up.
Stocks, euro ease as markets await Greek deal
SINGAPORE (Reuters) – Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.
Euro zone finance ministers were expected to approve a 130-billion-euro rescue with strict conditions after months of uncertainty that has shaken the currency bloc, although work remained to be done to make the numbers add up.
Asian shares becalmed, euro eases as Greek talks drag
SINGAPORE (Reuters) – Asian shares remained becalmed on Wednesday and the euro edged off an 8-week high as further delay in agreeing on details of a new Greek bailout package tempered the optimism that had driven U.S. stocks and commodities higher.
U.S. crude edged up, supported by an unplanned outage at a Canadian oil sands plant, and gold clung to the previous session’s gains, which had been driven by a weaker dollar.
