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Sep 16, 2011

Asia stocks up, bearish bets trimmed ahead of

SINGAPORE (Reuters) – Asian stocks posted early gains on Friday, as the relatively stable euro ahead of a European finance ministers meeting reflected hopes for a big policy move to fight a debt crisis.

Coordinated action by major central banks around the world to ensure European banks have access to dollar funding, at a time when some institutions have been shut out of short-term lending markets, has raised speculation that policymakers may be ready to take more steps to hold the euro zone together.

Sep 16, 2011

Asia stocks up, bearish bets trimmed ahead of Europe meet

SINGAPORE (Reuters) – Asian stocks posted early gains on Friday, as the relatively stable euro ahead of a European finance ministers meeting reflected hopes for a big policy move to fight a debt crisis.

Coordinated action by major central banks around the world to ensure European banks have access to dollar funding, at a time when some institutions have been shut out of short-term lending markets, has raised speculation that policymakers may be ready to take more steps to hold the euro zone together.

Aug 12, 2011

Asia shares rise on value buys; havens may still be attractive

SINGAPORE (Reuters) – Asian stocks edged up on Friday, as investors chased value picks after recent sharp volatility, though concerns over the European crisis may continue to fuel buying into safe havens like gold and government bonds.

Wall Street rose 4 percent overnight on high trading volume, with relatively low valuations and short-term oversold conditions attracting buyers, though a slide in U.S. stock futures in early Asian trade kept the region’s climb modest.

Aug 12, 2011

Asia stocks up with near-term focus on value

SINGAPORE (Reuters) – Asian stocks edged up on Friday, as investors hunted for value after an intense week of volatility, though the festering European financial crisis may mean that havens like gold and the Swiss franc may still draw buyers.

Wall Street rose 4 percent overnight on high trading volume, with relatively low valuations and short-term oversold conditions attracting buyers, though a slide in U.S. stock futures in early Asian trade kept the region’s climb modest.

Aug 11, 2011

US stock futures rise in Asia but Europe will be key

SINGAPORE, Aug 11 (Reuters) – U.S. stock futures rose 1.5
percent on Thursday after a sharp drop in the cash index
overnight, limiting Asian share losses, though focus will shift
quickly to how European markets hold up to a sovereign debt
crisis that has spread to its banking system.

The Australian dollar, often a measure of investors’
willingness to take risks, bounced toward $1.03 as Asian
equities pulled back from their lows, suggesting traders and
investors were being nimble rather than selling with blinders on
in the face of risks to global growth.

Aug 11, 2011

Asia stocks down but fall limited by U.S. futures

SINGAPORE (Reuters) – Asian stocks fell 1-2 percent on Thursday as the fallout from Wall Street’s 4 percent drop overnight limited by a rise in U.S. stock futures, while gold climbed above $1,800 an ounce to a new record, reflecting fears over Europe’s worsening financial crisis.

The Australian dollar, often a measure of investors’ willingness to take risks, rose toward $1.02 as Asian equities pulled back from their lows, suggesting traders and investors were being nimble rather than selling with blinders on.

Aug 8, 2011

BlackRock looks to buy more US mortgage agency debt

SINGAPORE (Reuters) – BlackRock, the world’s largest money manager, is looking for opportunities to buy U.S. mortgage agency debt in the wake of Standard & Poor’s downgrade of the U.S. sovereign rating, said Rick Rieder, the firm’s chief investment officer of fixed income, fundamental portfolios.

Financial markets in Asia slumped on Monday after S&P’s unprecedented decision to cut the U.S. debt rating on Friday to AA-plus from AAA, a move that could lead to knock-on credit rating cuts of mortgage finance companies Fannie Mae (FNMA.OB: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FMCC.OB: Quote, Profile, Research, Stock Buzz).

Aug 8, 2011

BlackRock looks to buy more US mortgage agency debt after S&P

SINGAPORE, Aug 8 (Reuters) – BlackRock, the world’s largest
money manager, is looking for opportunities to buy U.S. mortgage
agency debt in the wake of Standard & Poor’s downgrade of the
U.S. sovereign rating, said Rick Rieder, the firm’s chief
investment officer of fixed income, fundamental portfolios.

Financial markets in Asia slumped on Monday after S&P’s
unprecedented decision to cut the U.S. debt rating on Friday to
AA-plus from AAA, a move that could lead to knock-on credit
rating cuts of mortgage finance companies Fannie Mae
and Freddie Mac .

Aug 5, 2011

World equities reel towards 8th day of losses

SINGAPORE, Aug 5 (Reuters) – - World stock markets fell for
the eighth straight session on Friday to the lowest since late
2010, with more losses feared if policymakers do not come to the
rescue soon to stabilise the euro zone’s debt crisis and prevent
the U.S. economy from sliding back into recession.

After panic overnight triggered the worst sell-off on Wall
Street since the global financial crisis, investors in Asia
slashed positions in equities and commodities and scrambled for
the safety of cash and government bonds.

Aug 5, 2011

Asia joins global stock rout, safety sought

SINGAPORE, Aug 5 (Reuters) – - Asian stocks tumbled as much
as 5 percent on Friday after panic triggered the worst sell-off
on Wall Street since the global financial crisis, prompting
investors to slash positions and scramble for cash and
government bonds.

Fears that the U.S. economy is sliding back toward recession
and a recent jumpe in Italian and Spanish bond yields towards
danger levels have driven investors to seek cover.