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From the daily archives: Wednesday, January 11, 2012
Asian stocks extended gains for a third day Wednesday as overnight gains on Wall Street and continued anticipation of further monetary policy easing from China kept investors in good mood. Signs of strength in the world’s largest economy and a positive start to the U.S. earnings season also helped investors shrug off the latest warning [...]
Continue Reading →European shares may fall on Wednesday, paring some of Tuesday’s gains, as Fitch Ratings warned that Italy could see its credit ratings downgraded by the end of the month. The euro fell against the dollar as Spain and Italy prepare to sell bonds this week.
Continue Reading →Indian shares rose on Wednesday, extending the previous session rally, as a government decision to lift restrictions on foreign investment in single-brand retail sector stoked optimism that major reforms are on the anvil.
Continue Reading →Asian stock markets are mostly up with modest gains on Wednesday with investors indulging in some selective buying following a positive lead from the U.S. and European markets. Recent upbeat economic data from the U.S., and a firm trend in commodity prices amid hopes about a global economic recovery are contributing to the positive display.
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