Asian shares rose notably on Thursday, snapping recent steep losses, as Alcoa’s surprise first-quarter profit, a decrease in Italian and Spanish bond yields and remarks by a European Central Bank official that indicated the ECB could resume bond purchases through its securities markets program encouraged investors to do some bargain hunting. A rebound in commodity [...]
Continue Reading →Asian markets rose across the board on Friday, with financial shares pacing the gainers, as successful government bond auctions in France and Spain, the ECB liquidity injection and signs of an improving labor market in the world’s largest economy helped investors to overlook the inflationary threat of high oil prices.
Continue Reading →Indian shares extended gains for a second consecutive session on Wednesday ahead of the ECB liquidity infusion. The Dow Jones Industrial Average closed above 13000 for the first time since May 2008 overnight, Asian markets are trading mostly higher and the euro strengthened against the dollar, helping improve risk appetite.
Continue Reading →Indian shares extended gains for a second consecutive session on Wednesday ahead of the ECB liquidity infusion. The Dow Jones Industrial Average closed above 13000 for the first time since May 2008 overnight, Asian markets are trading mostly higher and the euro strengthened against the dollar, helping improve risk appetite.
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