Asian shares rallied on Wednesday as reports of stronger-than-expected industrial output in China raised optimism about the global economy, lifting metals and oil prices at or near multi-month highs.
Asian shares fell on Tuesday for a second consecutive session as investors worried that a recent rally may be overdone, though oil prices extended gains ahead of data this week expected to show a fall in U.S. crude inventories.
Asian shares, oil and higher-yielding currencies rose on Friday as positive signals from the latest U.S. weekly job data sparked tentative optimism ahead of the crucial monthly employment report.
Asian shares, oil and higher-yielding currencies rose on Friday as hopes for a global economic recovery drove up appetite for riskier assets, but traders were cautious ahead of U.S. monthly job data.
Asian shares rose to fresh eight-month highs on Wednesday, as U.S. home sales data added to optimism that the global economy is through the worst, while the dollar struggled off its latest set of lows for the year.
Improving global manufacturing data lifted Asian shares on Tuesday near levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors pondered how much longer a heady three-month rally will last.
Improving global manufacturing data lifted Asian shares on Tuesday, bringing a regional index near to levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors weighed how much longer a heady, three-month rally will last.
The dollar hit a five-month low against a basket of major currencies on Friday and the euro rose above $1.41 for the first time this year as investors bought higher-yielding currencies and assets on hopes of a global economic recovery.
The dollar hit a five-month low against major currencies on Friday and the euro rose above $1.41 for the first time this year as hope of a global recovery drove investors to buy higher-yielding currencies and assets.
The U.S. dollar fell to five-month lows against a basket of currencies on Friday as an advance in global equities and signs of an easing global recession drove investors to snap up higher-yielding currencies and riskier assets.
The U.S. dollar fell to five-month lows against a basket of currencies on Friday as an advance in global equities and signs of an easing global recession drove investors to snap up higher-yielding currencies and riskier assets.
The dollar hit five-month lows against a basket of currencies on Friday and the yen also dropped as investors sought higher-yielding and riskier assets, believing the worst of the global recession may have passed.
The dollar fell to a five-month low against a basket of currencies on Friday and the yen also dropped as signs the global recession may have passed its worst prompted investors to seek riskier assets.
The Australian dollar surged to a eight-month high on Friday on the back of rising raw material prices, while crude oil matched a six-month high above $65, up some $4 this week on hopes that a global economic recovery will spur energy demand.
The yen rose on Friday, helped by the biggest monthly spike in Japanese industrial output since 1953, while crude prices eased from a six-month high but were still up around $3 this week on expectations of increased demand.
Asian shares rose on Wednesday to their highest level in more than seven months after a jump in U.S. consumer confidence reinforced expectations the global economy has hit a bottom, even if recovery appears fragile.
Two Texas men defrauded investors of some $19.5 million by faking bank records to show that their business, PrivateFX Global One, achieved annual returns of more than 23 percent in foreign exchange trading, U.S. regulators said on Tuesday.
Two Texas men defrauded investors of some $19.5 million by faking bank records to show that their business, Global One, achieved annual returns of more than 23 percent in foreign exchange trading, the U.S. Securities and Exchange Commission said on Tuesday.
Asian shares fell on Tuesday as a report of fresh missile tests by North Korea added to market tensions at a time when investors are questioning if they are too optimistic about the global economic outlook.
Asian shares edged lower on Tuesday with stocks in Seoul down 1.2 percent after North Korea threatened to launch more missiles and while investor doubts about the world economy kept riskier assets such as the euro under pressure.
The dollar fell on Friday to its weakest level in five months against major currencies on fears that the United States would lose its AAA rating, while Asian stocks skidded on fears that any recovery in the global economy will be sluggish.
Although well off their all-time highs, American stocks are now marginally up for the current year.
Deere & Co , the world's largest maker of agricultural machinery, reported sharply lower quarterly earnings on Wednesday as lower crop prices and farmers' concerns about the global recession weighed on demand for tractors and harvesters.
Japan's Nikkei stock average rose 2.8 percent on Tuesday buoyed by gains in exporters such as Canon Inc after the yen retreated against the dollar.
Most Asian stock markets fell on Monday on concerns about corporate profits and a still-uncertain outlook for the global economy, but Indian shares surged following the ruling coalition's sweeping election victory.
Asian shares fell on Monday as concerns about slumping corporate profits and the still-uncertain outlook for the global economy fueled a retreat from recent highs, keeping the safe-haven yen broadly higher.
World equities rose on Friday yet still looked set to end the week down for the first time in 10 weeks, while poor economic data from German hit the euro and boosted bonds.
Asian stocks rose on Friday as investors bought shares that stood to benefit the most from an expected global recovery, but were set for their biggest weekly decline since March as volume thinned and some recent gains were cashed in.
Asian stocks rose on Friday as investors bought shares that stood to benefit the most from an expected global recovery, but still looked set to post their biggest weekly decline since March on worries equity markets have risen too far, too fast.
Shares in Sony Corp gained 5 percent on Friday after the Japanese electronics maker forecast a smaller loss than expected for this year, showing it was making progress in its restructuring.
