Asia trading mixed | Hang Seng up, Nikkei down
Published On Thursday, April 19th 2012. Under Stock Market News
Asian markets were trading mixed. China's Shanghai Composite was flat at 2,380.75.
Hong Kong's Hang Seng was up 0.28% or 58.63 points at 20,839.36.
Japan's Nikkei was down 0.68% or 65.30 points at 9,601.96.
Singapore's Straits Times was flat at 3,000.89.
South Korea's Seoul Composite was flat at 2,004.95.
Taiwan's Taiwan Weighted was down 0.18% or 13.31 points at 7,591.69.
Nikkei up 2% as Spain, global growth worries ease
Japan's Nikkei index rallied 2.1 percent on Wednesday on robust U.S. corporate earnings, firm demand for Spanish debt and an upbeat German economic sentiment survey, with signals that the Bank of Japan may take more easing steps also providing momentum.
Mike Newman, head of research at Macquarie in Japan, said investors need to be selective in picking stocks, however, as the first quarter rally has petered out.
"Now the beta rally is behind us it now comes to individual companies to deliver sustained earnings. Toyota Motor and Yokogawa Electric are ... Read More
Faxless Payday Loans – Tips on Choosing the Best Faxless Payday Loan Lenders Online
Published On Wednesday, April 18th 2012. Under Loans Tags: Payday Loans
An average working person, earning a moderate pay may not have enough money set aside for an emergency. If an urgent financial need arises in the middle of the month a lot of people may not be able to come up with the money required if it weren’t for payday loans, also called open door loans.
Payday loans are your access to fast cash and they are available online or through local payday stores. Local payday stores may not be many, but online you will be flooded with the options available in payday loan lenders. With so many options available it can become confusing which lender is the best for you. That is why it is important to choose open door loans carefully.
Choosing Payday Loans with Care
So if you are thinking of choosing a payday loan lender for your urgent cash needs then you may want to do some online research. ... Read More
George Soros warns euro crisis could destroy EU
Published On Tuesday, April 17th 2012. Under Stock Market News
Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.
"I'm afraid that the euro crisis is getting worse. It's not over yet, and it is going in the wrong direction," Soros said in discussion with Denmark's economics minister hosted by the daily newspaper Politiken.
"The euro is undermining the political cohesion of the European Union, and if it continues like that could even destroy the European Union," Soros said. "That is due to a misunderstanding of what the problem is."
Soros, the Hungarian born US investor, said that the creators of the single European currency believed that imbalances were created in the public sector without understanding that markets themselves can create imbalances.
He said the euro crisis is being dealt with by policymakers as a fiscal crisis though the crisis began as a collapse of ... Read More
World stocks gain on US export surge, euro rises
Published On Thursday, April 12th 2012. Under Stock Market News
Global stocks rose and the euro gained on Thursday after a narrower US trade gap prompted by record-high exports eased concerns about a weak labor market and stoked optimism over the outlook for corporate earnings.
Shares on Wall Street and in Europe advanced broadly after briefly falling on data about unexpectedly high initial claims for unemployment benefits, which boosted worries that recent jobs data for March indicated a still struggling US labor market.
But other data showed that the US trade deficit shrank 12.4% to USD 46 billion in February, the biggest month-to-month decline since May 2009, the Commerce Department said, as exports hit a record high.
The record exports could lead economists to raise their estimates for first-quarter U.S. gross domestic product and bolster growth in the second quarter, which bodes well for the beaten-down outlook for earnings.
"The trade data is a lot better than expected," said Eric Green, chief economist at ... Read More





