Asia Markets News Asia Markets News Rss feed

  • China stocks tumble as manufacturing activity falls to nine-month low

    Chinese shares slumped on Thursday after HSBC data showed that manufacturing activity fell to a nine-month low this month.The benchmark Shanghai Composite Index fell 2.77 percent, or 59.43points, to end at 2,084.02. The Shenzhen Component Index declined 3.25 percent, or 273.76 points, to 8,147.48.The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for June fell to 48.3, the lowest ...

  • Asian markets get hammered

    TOKYO/SYDNEY - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second-largest economy hit a nine-month low. Shares, currencies and commodities all crumbled as spooked investors rushed to unwind crowded trades in emerging markets. Central banks across the ...

  • Hang Seng Shanghai take a hit

    (43 mins ago) Hong Kong and Shanghai stocks sank today after data showed manufacturing activity in China contracted for a second straight month in June. The benchmark Hang Seng Index in Hong Kong ended down 2.85 percent, or 598.27 points, at 20,388.62 on turnover of HK$75.34 billion. Stocks in Shanghai closed down 2.77 percent. The benchmark Shanghai Composite Index slumped 59.43 points to ...

  • Nikkei skids as weak China data Fed exit plans chill sentiment

    * Nikkei down 1.7 pct, Topix off 1.3 pct as Fed comments hurt mood * China's weak flash PMI drags down China-related manufacturers * Real estate shares battered * Weak yen lends some support to currency-sensitive stocks By Tomo Uetake TOKYO, June 20 (Reuters) - Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve ...

  • RPT-WRAPUP 1-Asian markets hammered on China fears Fed exit plan

    Thu Jun 20, 2013 3:18am EDT * MSCI Asia ex-Japan slides 3.5 pct in biggest drop since 2011 * HSBC China "flash" PMI surprisingly weak, PBOC still tight * Asian currencies take a bath, Indian rupee at record low * U.S. Treasury yields hit 15-mth high, underpin US dollar By Chikako Mogi and Wayne Cole TOKYO/SYDNEY, June 20 (Reuters) - Asian markets buckled badly on Thursday after the ...


hazy
Beijing Weather
29.8°C Haze
Winds: Calm
Fri
mostlycloudy
34° 23°
Sat
partlycloudy
31° 19°
Sun
partlycloudy
27° 18°
Last Updated on June 20, 5:30 PM CST
Weather sourced from Weather Underground

Movie Review

Black Snake Moan

Black Snake Moan

It may have been hard out there for a pimp in Craig Brewer's 2005 Sundance fave Hustle & Flow, but it's even harder out there for an angry, sexed-up spitfire named Rae (Christina Ricci) in his follow-up Black Snake Moan, a neo-exploitation fable that is so conscious ... ...

On Facebook

  • New Zealand dollar slides

    Exporter confidence up despite strong dollar - survey The New Zealand dollar fell, hit by a triple-whammy of local first-quarter growth coming in at half what economists were expecting, a slowing manufacturing sector in China and the Federal Reserve signalling plans to wind back its bond-buying programme. The kiwi fell to 78.54 US cents at 5pm from 78.84 cents at 8am, and 79.88 cents ...

  • Nikkei closes down 1.7pc

    (15 mins ago) Stocks in Tokyo fell 1.74 percent after US Federal Reserve chairman Ben Bernanke said the bank could start reeling in its massive stimulus later this year, while weak Chinese manufacturing data also hit sentiment. The benchmark Nikkei 225 index closed down 230.64 points at 13,014.58, while the Topix index of all first-section shares was 1.33 percent, or 14.76 points, lower at ...

  • Asian shares down as Bernanke says Fed could scale back its bond purchases

    MANILA, Philippines - Most Asian markets slid Thursday after the U.S. Federal Reserve said it could start scaling back its huge economic stimulus program later this year. The announcement Wednesday in Washington drew sharp reaction in financial markets, showing just how dependent investors have become on the Fed's easy money policies. The Fed has been buying $85 billion worth of bonds ...

  • The Asian stock markets plunged in line with the US markets

    The appetite for risk remained subdued in the Far East after imploding late Wednesday, when the Federal Reserve maintained its bond-buying program, but Chairman Ben Bernanke hinted that the FOMC plans to moderate purchases later this year. The foreign currencies remain under pressure after tanking. The Asian stock markets plunged in line with the US markets. The short-term outlook for the ...

  • PRECIOUS-Gold falls to 2-month lows on stimulus outlook

    * Gold down for fourth straight session * Fed to scale back bond purchases later this year * Asian shares tumble to 9-month lows on China PMI data (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, June 20 (Reuters) - Gold fell for a fourth straight session on Thursday to its lowest level since a 15 percent plunge in mid-April, after the U.S. Federal Reserve signalled it would ...

More Asia Markets News