Wayne's Feed
Apr 24, 2014

Apple shares reach 2014 highs, Asian stocks lag

SYDNEY, April 24 (Reuters) – Shares in tech heavyweights
Apple and Facebook held hefty after-hours gains on Thursday as
their results handily outpaced Wall Street expectations, though
Asian markets managed only a mumbled cheer on the news.

South Korea’s Samsung Electronics did gain 0.6
percent but the main KOSPI index dipped a fraction.
Markets were mixed across the region with Japan’s Nikkei
off 0.6 percent but Singapore up 0.5 percent.

Apr 24, 2014

Apple shares jump 8 percent, Asian stocks lag

SYDNEY (Reuters) – Shares in tech heavyweights Apple and Facebook held hefty after-hours gains on Thursday as their results handily outpaced Wall Street expectations, though Asian markets managed only a muted cheer on the news.

Seoul shares added 0.2 percent as Samsung Electronics climbed 1.7 percent, but Japan’s Nikkei struggled to make any headway at all.

Apr 24, 2014

Asia markets: Tech sector brightens as Apple jumps 8 percent

SYDNEY (Reuters) – Asian markets could get a lift on Thursday after tech heavyweights Apple and Facebook beat Wall Street expectations, sending their stock up sharply and boosting Nasdaq futures.

The results came out after the close on Wednesday so could not stop the major U.S. indices from ending in the red, but futures pointed to a bounce on Thursday. The Nasdaq futures were up 1 percent and the S&P 500 0.3 percent.

Apr 23, 2014

Tech sector brightens as Apple jumps 8 pct

SYDNEY, April 24 (Reuters) – Asian markets could get a lift
on Thursday after tech heavyweights Apple and Facebook beat Wall
Street expectations, sending their stock up sharply and boosting
Nasdaq futures.

The results came out after the close on Wednesday so could
not stop the major U.S. indices from ending in the red, but
futures pointed to a bounce on Thursday. The Nasdaq futures
were up 1 percent and the S&P 500 0.3 percent.

Apr 23, 2014

China shares down, Aussie drops after inflation data

SINGAPORE, April 23 (Reuters) – China’s stock markets fell
again on Wednesday after a survey showed manufacturing activity
in the world’s second-biggest economy was still contracting in
April, while the Australian dollar tumbled to a two-week low
after data showed surprisingly low inflation.

Overall, however, trading across most asset markets in Asia
remained surprisingly subdued, with MSCI’s broadest index of
Asia-Pacific shares outside Japan showing little
movement.

Apr 23, 2014

Australia inflation lower than feared, lessens rate hike risk

SYDNEY (Reuters) – Australian inflation was surprisingly tame last quarter showing a moderation that greatly lessened the pressure for a hike in interest rates this year and sent the local dollar sharply lower.

A key measure of underlying inflation rose by only 0.5 percent in the first quarter and 2.6 percent for the year, well below forecasts of 0.7 percent and 2.9 percent respectively.

Apr 23, 2014

Asian stocks flat after China PMI meets expectations

SYDNEY/SINGAPORE (Reuters) – Asian stock markets were little moved on Wednesday after a Chinese manufacturing survey met expectations, but the Australian dollar plunged to a two-week low after data showed surprisingly low inflation in that country’s economy.

Investors hoping that the Chinese HSBC manufacturing PMI data for April would show some stabilisation in the slowing economy were relieved when the survey came in at 48.3, still in contractionary territory but slightly above the March number.

Apr 23, 2014

China PMI as predicted, Aussie drops after inflation data

SYDNEY/SINGAPORE, April 23 (Reuters) – Asian stock markets
were little moved on Wednesday after a Chinese manufacturing
survey met expectations, but the Australian dollar plunged to a
two-week low after data showed surprisingly low inflation in
that country’s economy.

Investors hoping that the Chinese HSBC manufacturing PMI
data for April would show some stabilisation in the slowing
economy were relieved when the survey came in at 48.3, still in
contractionary territory but slightly above the March number.

Apr 23, 2014

Asia shares edge ahead, cautious before China data

SYDNEY (Reuters) – Asian shares crept higher on Wednesday following merger-driven gains in Europe and on Wall Street, though investors were wary in case coming figures on Chinese manufacturing again disappointed.

Japan’s Nikkei put on 0.9 percent while Australia’s main index edged up 0.2 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15 percent.

Apr 17, 2014

Asian stocks creep ahead, tech sector a drag

SYDNEY, April 17 (Reuters) – Asian share markets crept
higher on Thursday as dovish comments from the head of the U.S.
Federal Reserve lifted Wall Street while weighing on the dollar,
with trade light heading into the Easter holidays.

Disappointing results from Google and IBM had also knocked
their shares lower after the bell and put a crimp on technology
stocks in the region.