Equities

Indian market wrap:

Shares overtake region on buying in healthcare, index heavyweights

MUMBAI (NewsRise) -- Indian shares rose for the first time this week Thursday, outperforming regional indices, as investors picked up select healthcare stocks and blue chips, even as global growth concerns weighed on sentiment.The benchmark BSE Sense...

  • Malaysian market wrap:

    Shares resume slide as growth woes grip markets

    KUALA LUMPUR (NewsRise) -- Malaysian shares fell to near two-month lows Thursday, as global growth worries remained at the forefront of investor concerns after tepid economic reports out of U.S. and China.The nation's benchmark FTSE Bursa Malaysia KL...

  • China stock slightly up but trading remains light on growth concerns

    SHANGHAI (Reuters) -- China stocks rose slightly on Thursday, but trading volume remained near four-month lows amid fresh signs that the country's nascent economic recovery is resting on weak foundations.The CSI300 index of the largest listed compani...

  • Wall St falls as data adds to growth worries; biotechs down

    NEW YORK (Reuters) -- U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.Weaker-than-expected results from Priceline added to the weaker tone.The Nasdaq Biotech I...

  • Malaysian market wrap

    Shares snap 7-session losing streak on bargain buying

    KUALA LUMPUR (NewsRise) -- Malaysian shares reversed early losses to rise for the first time in eight sessions Wednesday, as investors scooped up beaten down banking stocks and other blue chips.The nation's benchmark FTSE Bursa Malaysia KLCI rose 0.3...

  • Indian market wrap

    Shares slip on global growth woes, lackluster earnings

    MUMBAI (NewsRise) -- Indian shares fell for a third session Wednesday, as a recent set of disappointing corporate earnings further dampened investor appetite, which was already under pressure amid global growth concerns.The benchmark BSE Sensex fell ...

  • Wall St loses ground on growth fears, oil slide

    NEW YORK (Reuters) -- U.S. stocks fell on Tuesday after weak economic data in China and Europe reignited worries about global growth, while oil prices dropped for a second day, dragging down energy shares.Bucking the day's trend, Apple rose 1.6 perce...

  • Indian market wrap

    Shares retreat on renewed risk aversion, yen continues climb

    MUMBAI (NewsRise) -- Indian shares fell for a second session Tuesday, giving up early gains, as a slump in European indexes and persistent strength in the Japanese yen weighed on risk appetite.The benchmark BSE Sensex fell 0.81% to 25,229.70 points, ...

  • Malaysian market wrap

    Shares underperform region as 1MDB worries dominate sentiment

    KUALA LUMPUR (NewsRise) -- Malaysian shares slumped to a two-and-a-half month low, lagging behind regional markets, and the ringgit tumbled to its lowest in a month Tuesday, as lingering concerns about state fund 1Malaysia Development's default conti...

  • Burning questions ahead of Saudi Aramco's massive IPO

    DUBAI, United Arab Emirates -- Saudi Arabia's declaration that it will offer shares in state-owned Saudi Aramco, the world's largest oil company, is creating a global buzz. Deputy Crown Prince Mohammed bin Salman, who has a reputation for being an ec...

  • Wall St rebounds; Nasdaq breaks 7-day losing run

    NEW YORK (Reuters) -- U.S. stocks rose on Monday, rebounding from losses last week, as financials gained with Berkshire Hathaway and weakness in the dollar eased worries about earnings for multinationals.The Nasdaq snapped a seven-session losing stre...

  • Yen plays havoc with Japan equities again

    TOKYO -- Another run-up for the currency, another lurch downward for stocks. Japan has suffered a repeat of this familiar pattern at the midpoint of its Golden Week holidays, and many analysts suspect that its currency is not done climbing.The yen ro...

  • Indian market wrap

    Shares slip as weak bank earnings weigh, regional sentiment remains tepid

    MUMBAI (NewsRise) -- Indian shares fell Monday, as financial behemoth ICICI Bank extended a post-earnings slump and a continued slide in Japanese stocks dampened global sentiment.The benchmark BSE Sensex fell 0.66% to 25,436.97 points. The index rose...

  • Wall Street falls as earnings weigh; Dow, S&P up for month

    NEW YORK (Reuters) -- U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month.Company results once mo...

  • Indonesian telecoms shine in first quarter, in contrast to miners, banks

    JAKARTA -- A rise in data spending drove the earnings of Indonesia's telecommunications companies higher for the three months ended in March, while a slump in commodity prices took a toll on miners and banks.The country's largest telecom, Telekomunik...

  • Indian market wrap

    Shares slip for week after BoJ disappoints with pause

    MUMBAI (NewsRise) -- Indian shares chalked their first weekly decline in three weeks, as Bank of Japan's decision to stand pat on monetary policy and disappointing quarterly earnings from lenders dampened sentiment.The benchmark BSE Sensex eked out a...

  • Malaysian market wrap

    Worst week since September on 1MDB default, BoJ policy

    KUALA LUMPUR (NewsRise) -- Malaysian shares recorded their worst week in seven months, turning the KLCI lower for the year, as a default by state fund 1Malaysia Development and Bank of Japan's status quo overshadowed a rally in crude oil prices.The n...

  • Wall St sinks on BOJ fears, Icahn comments

    NEW YORK (Reuters) -- U.S. stocks closed down on Thursday as the Bank of Japan's shocking call to cap monetary stimulus continued to rattle investors while a late day decline in Apple shares on remarks by billionaire investor Carl Icahn added to sell...

  • Slumping stocks call for end to reliance on BOJ

    TOKYO -- A shock wave ran through the Tokyo market Thursday afternoon as the Nikkei Stock Average nosedived some 800 points -- from the morning session's high of just over 17,500 to around 16,700 -- on reports that the Bank of Japan decided against a...

  • Myanmar industrial park developer to list on local bourse in May

    YANGON -- The developer of Myanmar's Thilawa Special Economic Zone is on track to become the second company to go public on the nation's new stock exchange in late May.Myanmar Thilawa SEZ Holdings was established in 2013 by nine local companies, incl...