Asian markets fell Friday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in May compared to the previous month.
Asian shares and the euro extended losses Friday as China's factory activity data delivered its weakest reading this year, highlighting concerns the worsening euro zone debt crisis will further undermine global economic growth.
Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
Investors flocked into longer-dated U.S. Treasuries for the second day in a row on Thursday, sending the yield on those products to all-time lows. The movement was one of the clearest signals that money managers took into account the crisis in Europe and some weak U.S. economic data figures and decided against moving into riskier assets.
The companies whose shares are moving in pre-market trading Thursday are: The Ryland Group Inc., Zynga Inc., SAP AG, HSBC Holdings plc, Neonode Inc., NCI Inc. and Amazon.com Inc.
Futures on major U.S. indices point to a higher opening Thursday, ahead of the ADP National Employment Report and the Bureau of Labor Statistics' (BLS) report on Initial Jobless Claims.
Asian markets fell Thursday as concerns over the debt crisis looming over the euro zone increased due to heightened Spanish banking sector woes.
Asian shares, the euro and oil prices fell Thursday as surging borrowing costs in Spain heightened fears of euro zone debt contagion.
Crude oil prices slid more than 3 percent Wednesday on fears of a slowdown in global economic growth. U.S. stocks also closed lower, with major indexes all down more than 1 percent and yields on the benchmark 10-year Treasury sank to a record 1.64 percent.
Facing what seem to be minute-by-minute rejections of various bailout scenarios, Spanish bank Bankia S.A. -- the country's fourth-largest financial institution, which is currently embroiled in a crisis of insolvency -- is putting its faith in the web-shooting hands of a Marvel Comics superhero, Spider-Man.
Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy's highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.
The European Union recommended Wednesday that the 17 countries of the euro common currency union create and fund a banking union for bailing out insolvent banks, preventing the fiscal and political stresses such moves have on individual national governments. The union would be funded by the European Stability Mechanism, one of the EU's standing bailout funds.
The companies whose shares are moving in pre-market trading Wednesday are: Delcath Systems Inc., Quicksilver Resources Inc., Research In Motion Limited, Nokia Corp., Telefonaktiebolaget LM Ericsson, Facebook Inc. and Western Digital Corp.
Futures on major U.S. indices point to a lower opening Wednesday ahead of anticipated reports on the Mortgage Applications Index and Pending Home Sales.
Asian markets fell Wednesday amid Spanish banking sector woes and a report that China is not planning further stimulus measures to lift its economic growth.
U.S. investors came back from a long holiday weekend Tuesday to news of Spain's government aiming to stave off an apparently imminent collapse of nationalized financier Bankia S.A. -- the country's fourth-largest bank -- with a ?19 billon ($23.8 billion) capital injection.
European stocks recovered from early losses Tuesday as traders anticipate the U.S. data to show improving consumer confidence and a stabilizing housing market. Meanwhile, Asian equities rallied for a second straight day on hopes that China may introduce further stimulus policy. U.S. index futures rose.
The companies whose shares are moving in pre-market trade Tuesday are: Popular Inc, North American Energy Partners Inc, United States Steel Corporation, Freeport-McMoRan Copper & Gold Inc, Pfizer Inc, Banco Santander S.A. and Facebook Inc.
Futures on major U.S. indices point to a higher opening Tuesday ahead of the report on consumer confidence for May.
Asian Markets rose Tuesday as expectations that China will take measures to lift its economic growth undermined the euro zone concerns amid Spanish banking woes.
Asian markets rose Monday as concerns of Greece exiting the euro zone eased with Greek opinion polls published over the weekend showing that pro-bailout party is leading by a small average margin over the anti-austerity measures party.
Asian stock markets mostly advanced Monday as concerns of potential Greek exit eased after recent opinion polls showed that pro-austerity parties could be able to form a coalition government.
Asian markets declined this week on increasing concerns about China's economic slowdown and Greece possibly exiting the euro zone.
U.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83, the S&P 500 index dropped 2.86 points, or 0.22 percent, to 1,317.82, and the Nasdaq Composite index dipped 1.85 points, or 0.07 percent, to 2,837.53.
The companies whose shares are moving in pre-market trade Friday are: Frontline Ltd, EMC Corporation, Deutsche Bank AG, SAP AG, Carnival Corporation, Wells Fargo & Company and BHP Billiton Limited.
Futures on major U.S. indices point to a higher opening Friday ahead of the Reuters/University of Michigan Consumer Sentiment Index and Inflation Expectation survey.
Asian markets fell Friday on increasing concerns about China?s economic slowdown and Greece exiting the euro zone.
Global stocks eked out gains on Thursday while the euro fell as data suggested Europe's debt woes were spreading and worsening a global economic slowdown.
Anti-tobacco advocates in Indonesia plan to file a class action lawsuit this month using cases of child addicts in the hope of forcing tougher regulations on a society where one in three people smokes.
Asian stocks closed mixed Thursday on weak Chinese manufacturing data, while European shares rose and U.S. futures pointed to a higher opening on hope that a U.S. durables goods report for April will be strong.
