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Posted by admin on April 10, 2009 under News | 
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Bank of Japan likely to cut economic outlook in next report
TOKYO (MarketWatch) — The Bank of Japan's policy board warned that it was likely to cut economic growth-rate projections in its April outlook report because data show that the economy has worsened mo…
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Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)
Reuters – Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.
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Share prices close at 6-month high on Taipei bourse
Taipei, April 9 (CNA) Taiwan's share prices rose 4.11 percent to a six-month high Thursday, following gains on Wall Street and regional markets. The weighted index, the market's key barometer, advance…
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World stocks win back ground before Easter break (AFP)
AFP – World stock markets advanced Thursday, with Asia boosted by a record new stimulus package in Japan and Europe lifted by overnight US gains before a British interest rate call and the Easter break.
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Market opens stronger on Wall St rise
The tech-heavy Nasdaq composite climbed 29.05 points, 1.86 per cent, to settle at 1590.66 and the broad-market Standard & Poor's 500 index was up 9.61 points, 1.18 per cent, at 825.16. “The …
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German, Japanese data jolts investors (AFP)
AFP – German exports slumped and Japan prepared another stimulus package on Wednesday as the global crisis further undercuts the old economic order, jolting investors hoping for a return to business as usual.
Posted by admin on April 9, 2009 under News | 2 Comments to Read
US stocks rally despite dour Fed forecast
New York – US stocks gained Wednesday, ending a volatile session and a two-day losing streak, amid optimism over a major merger in the housing sector. Stocks briefly cut gains after the Federal Reserv…
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Asia markets rally on Japan stimulus; Europe gains (AP)
AP – Asian stock markets resumed their upward march Thursday, with Tokyo’s index surging nearly 4 percent, as investors cheered Japan’s $150 billion stimulus proposal and signs recession was starting to ease in the world’s second-largest economy. Major European stock indexes opened higher.
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U.S. stocks start up; deal in housing sector revives bulls
NEW YORK (MarketWatch) – Stocks opened higher on Wednesday as investors drew some cheer from word of government aid for life insurers and an acquisition in the homebuilding sector, helping offset Alco…
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Dollar drops back below 100 yen (AFP)
AFP – The dollar slipped back below the key 100 yen level on Wednesday as sharp falls on global stock markets restored some of the Japanese currency’s safe haven appeal, dealers said.
