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Asia Market Update

Wall Street Halts Six-Week Rally as Questions Loom on Global Economy
Aug 24, 2012 4:11 PM ET
World markets completed a tumultuous week of trading on a higher note but for the week indexes on Wall Street declined. Markets halted a six-week long rally as every day economic indicators in the U.S., Europe, China and Australia pointed weakening backdrop. >>

Nikkei Halts 2-Week Rally on Export Worries
Aug 24, 2012 3:50 PM ET
Stocks in Tokyo traded lower and halted a two-week rally in market indexes as more signals emerge of the global slowdown. Investors took profit in thin trading as the prospects of immediate stimulus in Europe and the U.S. looked remote. >>

Worldwide Slowdown Grip Tightens, Global Markets Falter
Aug 23, 2012 4:56 PM ET
Wall Street joined the European markets and lowered the growth expectations and began wavering on the outcome of the latest round of talks in the euro zone after a string of weak economic data. Australian mining companies began to scale back megaprojects expansion plans on weakening commodities. >>

Volatile Nikkei in Thin Trading, Yen Gains
Aug 23, 2012 12:35 PM ET
Stocks in Tokyo recovered from the early loss in indexes of as much as 0.8% on the growing evidence of global economic slowdown after Chinese manufacturing contracted and the U.S. Fed weighed more stimulus. The yen strengthened. >>

Fed Members Show Urgency in Stimulus Measures, Home Sales Revive
Aug 22, 2012 4:24 PM ET
U.S. indexes hovered near the recent multi-year highs and investors digested the prospects of another round of Fed stimulus and improving existing home sales report. Many members of the rate setting committee prefer to act soon with additional stimulus unless the economy improves considerably. >>

Fuel Imports Drive Japan Trade Deficit Higher, Exports to EU Plunges
Aug 22, 2012 12:13 PM ET
Stocks in Tokyo traded lower for the second day and trade gap in July was the twelfth in the last nineteen months as Japan imports natural gas to power electricity generating plants. Exports to Western Europe plunged 28% and slowed to the U.S. >>

Wall Street Indexes Near Multi-Year Highs, Euro Advances
Aug 21, 2012 4:11 PM ET
The U.S. indexes hovered near multi-year highs. IBM, Wal-Mart, Verizon, Disney and Oracle are few large companies trading near their 5-year highs. Gold, copper and oil gained. European markets trade higher on the ECB optimism. >>

Nikkei Turns Down from 3-Month High, Defensive Stocks Rally
Aug 21, 2012 11:54 AM ET
Stocks in Tokyo edged lower in weak trading as investors remained focused on defensive stocks linked to domestic economy. In thin trading, the Nikkei declined and investors awaited concrete announcements from the central banks in Europe. >>

U.S. Stocks Recover, Apple Surpasses Record Microsoft Market Cap
Aug 20, 2012 4:17 PM ET
U.S. stocks traded sideways after investors turned cautious on stretched valuations. European leaders kicked off another round of talks to renegotiate Greek bailout terms and the distribution process for Spain. Retail gasoline prices gained as summer demand stayed near peak. >>

Nikkei Extends Gains, Don Quijote up 5%
Aug 20, 2012 11:26 AM ET
Stocks in Japan traded mixed and domestic economy linked companies were favoured in thin trading. Home prices in China gained, dashing any hopes of additional government stimulus. The discount retailer Don Quijote surged 5% on higher estimated earnings. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc