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Mar 8, 2011

Oil eases a touch; euro runs out of steam

SINGAPORE (Reuters) – U.S. oil futures eased from a two-and-a-half year high and the euro stalled on Tuesday, while Asian stocks remained under pressure as investors fretted that higher energy prices would stunt the global economic recovery.

U.S. crude eased almost 50 cents, or 0.5 percent, to just under $105 a barrel, as traders assessed efforts to stem fighting in Libya that threatens to spiral into civil war.

Nov 25, 2010

Major Indian corruption scandals

Nov 25 (Reuters) – India has been rocked by a series of
corruption scandals that have embarrassed the ruling Congress
party, rattled markets and deferred reform bills as opposition
stalls parliament. [ID:nSGE6AO06E]

Here are details on the four major scandals in banking,
telecoms, housing and sports:

Nov 3, 2010

Asian stocks up, dollar on backfoot before Fed

SINGAPORE (Reuters) – Asian stocks rose on Wednesday following overnight gains on Wall Street while the dollar was under pressure ahead of a Federal Reserve meeting that is expected to provide more stimulus to spur a flagging recovery.

The MSCI index of Asia Pacific stocks outside of Japan .MIAPJ0000PUS was up 0.34 percent helped by gains in materials and energy in line with Wall Street after a swing toward the Republicans in U.S. elections lifted investor sentiment.

Nov 2, 2010

Asian shares edge up and dollar steady before Fed

SINGAPORE (Reuters) – Asian stocks edged up after an early fall while the dollar kept a tenuous grip on overnight gains in Asia on Tuesday ahead of U.S. elections and a Federal Reserve meeting that is expected to ease monetary policy.

European markets opened a tad weaker after rising for three consecutive sessions.

Nov 2, 2010

Asian shares edge up, dlr steady before Fed

SINGAPORE, Nov 2 (Reuters) – Asian stocks edged up after an
early fall while the dollar kept a tenuous grip on overnight
gains in Asia on Tuesday ahead of U.S. elections and a Federal
Reserve meeting that is expected to ease monetary policy.

European markets opened a tad weaker after rising for three
consecutive sessions.

Oct 21, 2010

Dollar jumps on Geithner report, stocks ease

SINGAPORE, Oct 21 (Reuters) – The dollar jumped on Thursday
after U.S. Treasury Secretary Tim Geithner suggested major
currencies were roughly in alignment, while stocks fell as
investors digested data showing China’s growth ebbed in the
third quarter even as inflation edged higher.

In an interview published in the Wall Street Journal on
Thursday, Geithner suggested that he saw no need for the dollar
to sink further against the euro and the yen, causing the
dollar to spike half a yen and climb rapidly against the euro.
[ID:nSGE69K04Q]

Oct 20, 2010

Asia stocks cut losses as China shock wears off

SINGAPORE (Reuters) – Asian stocks pared early losses on Wednesday as markets recovered from an initial shock to China’s first rate rise in nearly three years that had investors fretting it may be embarking on a policy tightening cycle.

European shares are expected to open lower, with futures for the STOXX Europe 50, for Germany’s DAX and for France’s CAC down 0.2-0.4 percent.

Oct 20, 2010

Asia stocks slide after China rate rise

SINGAPORE, Oct 20 (Reuters) – Asian stocks fell on
Wednesday, with Japan’s Nikkei average tumbling over 2 percent,
as investors fretted that China may be embarking on a policy
tightening cycle after it surprised with its first interest
rate rise since 2007.

The dollar stabilised, holding most of its gains made the
previous day on the China news, with analysts saying further
gains in the U.S. currency may be limited given expectations
the Federal Reserve will ease policy again as early as next
month.

Aug 30, 2010

Economic reforms in limbo as state polls near

NEW DELHI (Reuters) – Will India’s government succeed in passing key pro-market bills that have been in limbo for years? Not in the near future, say analysts.

With state elections around the corner, the Congress-led government may have lost a political window to push through crucial economic reforms because of fears of a backlash to sensitive decisions from voters already reeling from high prices.

Aug 30, 2010

India’s economic reforms in limbo as state polls near

NEW DELHI, Aug 30 (Reuters) – Will India’s government
succeed in passing key pro-market bills that have been in limbo
for years? Not in the near future, say analysts.

With state elections around the corner, the Congress-led
government may have lost a political window to push through
crucial economic reforms because of fears of a backlash to
sensitive decisions from voters already reeling from high
prices.

    • 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."
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