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Nikkei tumbled after Dow Jones closed at its 5-year low
Region: JapanThe Asian markets open on 10 October 2008 with all indicators pointing downwards. This is the after-effect of the closing of Dow Jones Industrial Average, DJI was seen nose diving by 679 points to the lowest level in the p... more
Views: 656Straits Times Index Rallied by 122.82 Points On US Mortgage Bail Out
Region: SingaporeIt was not an usual weekend when US Government made an aggressive decision to take over the two largest mortgage giants, Freddie Mac and Fannie Mae. This mortgage bailout plan on 7 September 2008 had take its effect on the... more
Views: 730Wall Street ended up mixed on 15 August 2008, Friday
Region: New YorkOn 15 August 2008, Dow Jones closes its trading session with a modest gain of 43.97 or 0.38 while S&P 500 increases 0.15 percent. It was considerably a mixed session. On one end, economic hope was triggered by the declini... more
Views: 457China Market ended up mixed while Hang Seng got a slight gain
Region: ChinaOn 14 August 2008, the trading session of Shanghai Composite Index, SSE ended slightly down with 0.38 percent. A very mixed market sentiment over at Shanghai this very day as the chart shows very exhausted sellers. The pan... more
Views: 583China stocks attractive now says HSBC Fund
Region: ChinaAfter a recent series of selldown with element of discrimination and panic going on with the China stock market sees a light at the end of the tunnel as the Shanghai Composite Index, SSE, closes slightly red ending mixed o... more
Views: 537Crude at a price of $113.12 per barrel as Wall Street continues gain
Region: New YorkOn 11 August 2008, Nymex Crude oil price has fallen more than $30 from its recent peak. Crude is currently at $113.12 rebounded from the lowest priced at $112.79. Oil price has been causing a lot of negativity and impact o... more
Views: 432China shares collapsed despite Beijing Olympic
Region: ChinaChina shares, Shanghai Composite Index, SSE closed its 11 August 2008 trading day down with 135.65 or 5.21 percent. Despite the Beijing Olympic 2008, investors hurried to the market and dumped everything they have and they... more
Views: 509The sharp decline in oil sparked market to rise
Region: New York"The factor in the market is that oil prices went down to $118 a barrel. Oil has been overwhelmingly the major single factor driving markets since late June. I think that is a completely sufficient explanation," said Br... more
Views: 333Markets in Asia down following US overnight losses
Region: SingaporeAsian markets are broadly down on 25 July 2008 trading day. Attributed by the overnight losses of Dow Jones Industrial Index fell 252.08 or 2.17 percent on Thursday, Nikkei, the market index for Japan reacted by closing at... more
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