Shares stay on record run, metals suffer meltdown

By Marc Jones LONDON, Jan 16 : Asia and Europe’s big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets sprawling. MSCI’s all-country world index notched its third consecutive all-time high as growing […]

Dollar hits three-year low vs euro; Wall St hits new highs

By Caroline Valetkevitch NEW YORK, Jan 13 : The U.S. dollar fell to a more than three-year low against the euro on Friday, extending recent losses on expectations European Central Bank policymakers are preparing to reduce stimulus, while U.S. stocks continued to rally and marked record closing highs. Optimism about fourth-quarter earnings boosted stocks. Bank […]

Stocks resume ascent on earnings hopes, euro gets lift from ECB

By Hideyuki Sano TOKYO, Jan 12 : Asian stocks resumed their ascent on Friday, supported by U.S. earnings optimism and a rise in oil prices while the euro edged higher as the European Central Bank signalled an end to its massive stimulus. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, following two […]

Asian shares step back from New Year rally as trade concerns resurface

By Hideyuki Sano TOKYO, Jan 11 : The New Year rally in Asian shares ran out of steam on Thursday as concerns about the U.S. administration’s protectionist stance hit Wall Street while U.S. bonds were dented by speculation China may curtail buying. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.1 percent in early […]

Asian shares just shy of 2007 peak on earnings optimism

By Hideyuki Sano TOKYO, Jan 10 : Asian shares hovered just below their 2007 record peak on Wednesday, supported by expectations of solid corporate earnings on the back of synchronised growth in the global economy. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early trade, sitting just 0.4 percent below the […]

Asian shares, dollar steady, Nikkei rallies

By Lisa Twaronite TOKYO, Jan 9 : Asian shares edged higher on Tuesday, approaching record highs after the S&P 500 extended its winning streak, while the dollar steadied against its major counterparts. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent at 590.23, not far from its record peak of 591.50 scaled […]