Sugita's Feed
May 25, 2011

Euro slips, oil off highs on euro zone debt fears

SINGAPORE (Reuters) – The euro and oil slipped on Wednesday as a rally the previous day fizzled on fears about Europe’s spreading debt crisis and the potential for a further reduction of positions in risky assets.

Asian stocks also fell, tracking weakness on Wall Street as firmer commodity prices were offset by lingering concerns over the economic outlook for the United States as well as euro zone debt woes.

May 24, 2011

Asian markets steady but Europe woes persist

SINGAPORE (Reuters) – The dollar held firm on Tuesday and stocks in Asia steadied but the euro remained on the defensive on worries that the euro zone’s debt crisis was deepening and could spread to heavyweights such as Spain.

Volatile commodity prices also kept investors on edge, with gold firming to a near two-week high as buyers looked to safe-haven assets.

May 24, 2011

Dollar firm, Asian markets steady but Europe

SINGAPORE (Reuters) – The dollar held firm on Tuesday and stocks in Asia steadied but the euro remained on the defensive on worries that the euro zone’s debt crisis was deepening and could spread to heavyweights such as Spain.

Volatile commodity prices also kept investors on edge, with gold firming to a near two-week high as buyers looked to safe-haven assets.

May 24, 2011

Dollar firm, Asian markets steady but Europe woes persist

SINGAPORE (Reuters) – The dollar held firm on Tuesday and stocks in Asia steadied but the euro remained on the defensive on worries that the euro zone’s debt crisis was deepening and could spread to heavyweights such as Spain.

Volatile commodity prices also kept investors on edge, with gold firming to a near two-week high as buyers looked to safe-haven assets.

Apr 19, 2011

Asian stocks fall as sovereign debt risks pile up

SINGAPORE, April 19 (Reuters) – Asian stocks slid on
Tuesday, falling further from a three-year high hit last week as
investors took profits on risks of a Greek debt restructuring in
Europe and the long-term threat of a U.S. government debt
downgrade.

The euro nursed heavy losses early in Asia while the yen
gained across the board as worries about sovereign debt problems
in Europe and the United States prompted investors to unwind
carry trades.

Apr 19, 2011

Asian stocks fall after US credit outlook cut

SINGAPORE, April 19 (Reuters) – Asian markets fell on
Tuesday after rating agency Standard & Poor’s lowered its U.S.
credit outlook to negative, prompting a global flight to other
assets.

The euro nursed heavy losses early in Asia while the yen
gained across the board as worries about sovereign debt problems
in Europe and the United States prompted investors to unwind
carry trades.

Mar 17, 2011

Bigger planes, radiation checks for Japan travellers

TOKYO/FRANKFURT, March 17 (Reuters) – Airlines pulled in
extra, larger aircraft to help thousands of people leave Tokyo
and European carriers began screening aircraft and crew for
radiation as Japan rushed to prevent a nuclear disaster.

As an increasing number of governments from Britain to New
Zealand to South Korea advised citizens to leave quake-affected
northern Japan, airlines mobilised for mainly outbound traffic
from one of the world’s biggest cities.

Mar 9, 2011

Oil falls, asian stocks up but investors still jittery

SINGAPORE (Reuters) – Oil prices fell for a second day on Wednesday as OPEC considered raising production, pushing up Asian stocks although investors remained on edge because of the turmoil in the Middle East.

The euro nursed heavy losses early in Asia as worries about European sovereign debt problems intensified following Moody’s credit rating downgrade for Greece on Monday.

Mar 9, 2011

Oil falls, stocks up but investors still jittery

SINGAPORE (Reuters) – Oil prices fell for a second day on Wednesday as OPEC considered raising production, pushing up Asian stocks although investors remained on edge because of the turmoil in the Middle East.

The euro nursed heavy losses early in Asia as worries about European sovereign debt problems intensified following Moody’s credit rating downgrade for Greece on Monday.

Mar 8, 2011

Oil extends declines; Asian stocks remain under pressure

SINGAPORE, March 8 (Reuters) – Oil prices fell more than $1
a barrel on Tuesday, pulling away from two-and-a-half year
highs, but Asian stocks remained under pressure as investors
worried higher energy prices could stunt the global economic
recovery.

U.S. crude oil futures fell $1.30 to $104.14 and
Brent crude dropped to $113.60 after reports that Libyan
leader Muammar Gaddafi was looking for a way to step down and as
Kuwait’s oil minister said OPEC was in talks to increase
production to ease worries about Middle East supply disruptions.

    • About Sugita

      "Based in Singapore, I am part of the money, politics and general news team which handles everything from violence in Pakistan to elections in Australia. In earlier avatars, I have worked in the Indonesia and India bureaus, and have written on a host of subjects from politics and economics to literature and lifestyle."
    • Follow Sugita