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Asian shares tumbled on Friday, as fears of contagion from Greece’s political turmoil and deepening worries about the health of Spanish banking system following reports of customers withdrawing more than 1 billion euro from Bankia -the recently nationalized Spanish bank, rattled investors. Weak readings on the U.S. economy and concerns of a hard landing in [...]
Continue Reading →Asian shares swung between gains and losses before ending mostly lower on Monday, as concerns over political uncertainty in Europe partially offset the positive sentiment generated by a weekend move by China’s central bank to cut banks’ reserve requirement ratio for commercial banks by 50 basis points, effective from May 18.
Continue Reading →Indian shares edged higher on Monday, tracking firm Asian cues as investors cheered China’s announcement of a cut in banks’ reserve requirement ratio by 50 basis points, effective May 18.
Continue Reading →Indian shares edged higher on Monday, tracking firm Asian cues as investors cheered China’s announcement of a cut in banks’ reserve requirement ratio by 50 basis points, effective May 18.
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