Asian stocks ended lower on Wednesday, following declines in the Wall Street overnight on concerns that rising oil prices could hurt economic recovery.
China and Hong Kong shares were lower by midday Wednesday as market players preferred to cut risk after escalating political tensions in the Middle East prompted a pull-back on Wall Street and in other Asian markets.
Chinese shares rose on Monday, reversing early losses as Asian markets edged up after last week's dip, with investors gearing up for earnings results from big hitters including banking giant HSBC.
Asian stock markets advanced for the first time in five days on Friday as oil prices fell below $100 a barrel on easing concern about supply disruptions.
Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.
A Chinese state company has tapped Sun Hung Kai Properties Ltd and Guoco Group Ltd as potential investors for a fund that aims to raise up to 20 billion yuan ($3.1 billion) to develop Shanghai's Bund district, a source said on Thursday.
Hong Kong stocks are expected to open lower on Thursday, pressured by a surge in oil prices on fears turmoil in Libya could spread to other oil exporters in the region, and declines in global markets.
Technology services provider Digital China Holdings Ltd is bidding for the rights to sell Apple Inc's iPad and Research in Motion Ltd's tablet PC in China, its chief executive said.
Most Asian stocks ended lower on Wednesday, led by declines from airlines as crude oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.”
U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
China's ANTA Sports Products Ltd said it recorded 20 percent growth in order book value for the third quarter of 2011, suggesting optimism among distributors over sportswear industry prospects in the mainland.
Asian stock markets ended lower on Tuesday as continued political unrest in the Middle East weighed on the sentiment.
Asian stock markets ended mixed on Monday as political unrest in the Middle East weighed on the sentiment.
Asian stock markets mostly ended higher on Thursday as higher growth forecast for the U.S economy from the Federal Reserve and solid earnings reports buoyed sentiment.
CNOOC Ltd will pay $1.3 billion in its second shale deal with America's Chesapeake Energy Corp , the latest move by China's top offshore oil producer in its aggressive drive for overseas acquisitions.
Hong Kong stocks are set to rise on Wednesday following a higher close on Wall Street which was supported by commodity-related counters and strong earnings from technology bellwethers Apple (AAPL.O) and IBM (IBM.N).
Hong Kong stocks are expected to edge higher on Monday to a near two-month high, as the appetite for risky assets stays steady after JP Morgan's quarterly earnings report lifted Wall Street on Friday.
Hong Kong stocks are likely to rise further on Thursday with traders expecting momentum to continue after the benchmark convincingly broke through short-term chart resistance on high volumes.
New York-traded shares of China Eastern Airlines plunged 4.42 percent and those of China Southern Airlines plunged 2.47 percent in morning trading on tensions between North and South Korea.
Most of Prudential Plc's investors are comfortable with its bid for AIG's Asian life unit AIA, its chairman said, moving to dispel fears shareholders may baulk at the $35.5 billion cost of the deal.