Asian Markets Notch Up Modest Gains
Asian stocks rose for the third time in four days, led by finance and consumer companies, amid speculation the Bank of Japan will take more steps to ease deflation in the world’s second-largest economy.
The MSCI Asia Pacific Index increased 0.3 percent to 123.06 as of 4:03pm in Tokyo, with five stocks advancing for every four that fell. The Bank of Japan started a two-day policy meeting today, while the US Federal Reserve is due to announce an interest-rate decision after Asian markets shut.
Japan’s Nikkei 225 Stock Average lost 0.3 percent, while Hong Kong’s Hang Seng Index declined 0.1 percent. Australia’s S&P/ASX 200 Index gained 0.3 percent. Taiwan’s Taiex Index climbed 0.8 percent as Powerchip Semiconductor Corp. led memory- chip makers higher after chip prices increased.
Sale Of New Cars Increases By 34 Percent
Profit of car assembling companies was increased during the 4th quarter of year 2009. Sale of new cars was increased by 34 percent. During the last two years, sale of cars was affected by financial crunch. Most of the companies announced loss during the last quarter of the last year.
Bullish Trend Prevailed The Asian Markets
Bullish trend prevailed the Asian markets owing to reports of improvement in economic condition of Greece.
A rush of investors marked bullish trend in Asia. MSCI Asia Pacific Index gained 5 percent to 120 points. The Index has reached a positive level.
Nikkie Index Japan added 31 points while Hong Kong’s Hang Seng gained 44. Euro was at 1.343 in the currency market
Crude Oil Exceeds $80 A Barrel In Asian Markets
Oil up in Asia
Crude oil exceeds $80 a barrel in Asian markets.
During trading in Singapore delivery contract for March increased by 50 cents to 80.16 cents per barrel. London Brent North crude for April delivery was at $78.80 with an increase of 47 cents.
According to the traders, the fall of dollar against Euro pushed the prices of oil and other commodities.
Crude Oil Exceeds $80 A Barrel In Asian Markets was first posted on March 1, 2010 at 5:40 pm.
Bullish Trend in Asian Markets
Bullish Trend in Asian Markets, A bullish trend was witnessed in the Asian 
markets in wake of improvement in the US markets.
The increase in yield of manufacturing sector in the US have a positive impact on the stock markets.
A rush of investors marked bullish trend in Asia. MSCI Asia Pacific Index gained one percent to 117.39. Nikkie Index Japan added 166 points to 10, 371 while Hong Kong’s Hang Seng was at 20,287 with addition of 40 points.
Bullish Trend in Asian Markets was first posted on February 2, 2010 at 1:29 pm.
Ali Hassan Al Majeed
January 25, 2010 by Trend PK
Filed under World News
BAGHDAD: Ali Hassan Al Majeed, Iraq’s government spokesman says Saddam Hussein’s notorious cousin “Chemical Ali” was executed Monday about a week after being sentenced to death for the poison gas attacks that killed more than 5,000 Kurds in 1988.
News of the hanging came shortly after three suicide car bombs struck downtown Baghdad. It was not immediately clear whether the attacks were linked the execution of Ali Hassan al-Majid.
Government spokesman Ali al-Dabbagh confirmed the execution took place.
Al-Majid — widely known as “Chemical Ali” for the gas attacks — was convicted on Sunday for ordering the poison gas to be dropped on the Kurdish town of Halabja in 1988 as part of a campaign against a Kurdish uprising.
It was the fourth death sentence against him for crimes against humanity.
Ali Hassan Al Majeed was first posted on January 25, 2010 at 10:19 pm.
Oil Prices Reduced In Asian Markets
SINGAPORE: Oil prices fell below $66 a barrel Monday in Asia as regional stock markets sank and investors eyed a slew of economic data this week that will help shed light on the health of the US economy.
Benchmark crude for November delivery was down 40 cents at $65.62 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Friday, the contract added 13 cents to settle at $66.02.
Asian stocks were weaker with Japan’s market hit by the yen reaching a nine-month high against the dollar and after Wall Street fell Friday on disappointing US economic data. Reports on manufacturing and home sales stoked concerns over recovery prospects in the world’s largest economy.
Crude is flirting with the bottom of a $65 to $75 trading range that has held for months as traders weigh signs of an improving global economy against evidence that consumer demand remains weak.
The most closely watched economic indicator will be the Labour Department’s monthly jobs report on Friday. Investors will also get reports on home prices, manufacturing, consumer confidence, construction spending and factory orders.
In other Nymex trading, gasoline for October delivery fell 0.55 cent to $1.62 a gallon, and heating oil was steady at $1.68 a gallon. Natural gas was up 1.0 cent to $4.00 per 1,000 cubic feet.
In London, Brent crude fell 41 cents to $64.70 on the ICE Futures exchange.
Oil Prices Reduced In Asian Markets was first posted on September 28, 2009 at 3:11 pm.
©2009 “News Trends“.
