09 Aug '11, 5am

Asia stock sell-off deepens

HONG KONG - Fear gripped Asian markets following a rout in the United States stock market overnight, sending equities and currencies tumbling as investors grew increasingly pessimistic about the outlook for the global economy. The FTSE All World Asia Pacific excluding Japan index was down 5.2 per cent by mid-morning in Hong Kong, entering bear market territory having now dropped more than 20 per cent since its peak in May. The Hang Seng was the biggest decliner among Asia's top stock indices, down 7.2 per cent - taking its lead from the sharpest fall in US stocks since the panic that followed the Lehman collapse in 2008. Mr Kevin Lee, head of Korea at Newedge, said: "When the fear in 2008 was a degree of 10, we feel now it is 8. It is a major tumble." Mr Arnout van Rijin, who manages an Asia-Pacific equity fund for Robeco, said stocks were bearing the brunt of a global dec...

Full article: http://www.todayonline.com/Business/EDC110809-0000721/Asi...

Tweets

Despite turbulence, economists positive about Asia business outlook

Despite turbulence, economists positive about A...

sgentrepreneurs.com 09 Aug '11, 2am

Despite turbulence, economists positive about Asia business outlook August 9, 2011 by Terence LEE With the recent Standard...

World stock markets rally

World stock markets rally

channelnewsasia.com 12 Aug '11, 11pm

NEW YORK: World stock markets finished a rollercoaster week on a high note Friday, with traders breathing easier but still...

TODAYonline | Business | StarHub shines amid st...

todayonline.com 07 Aug '11, 10pm

SINGAPORE - StarHub offered some respite from the bloodletting on the Singapore stock exchange on Friday. The counter came...

HSBC to sell US credit card business to Capital...

channelnewsasia.com 10 Aug '11, 5am

HONG KONG: HSBC announced Wednesday that it is to sell its United States credit card and retail services business to US le...

Indonesia will likely outperform rest of Asia: analysts

Indonesia will likely outperform rest of Asia: ...

channelnewsasia.com 08 Aug '11, 1pm

SINGAPORE: Indonesia's Jakarta Composite Index is one of just four regional stock indices that has moved up this year - by...

WRI seeking Asia partners for 'Next Practice': The term 'Next Practice' came from the late CK Prahalad, a former...

WRI seeking Asia partners for 'Next Practice': ...

eco-business.com 09 Aug '11, 4am

'Next Practice' thinking transformed solar energy use by industrial and commercial sectors. Will the next step change come...

S&P says Asia Pacific sovereign ratings safe

channelnewsasia.com 08 Aug '11, 4am

SYDNEY - Standard & Poor's on Monday said its US credit rating downgrade will have no immediate impact on Asia Pacific sov...

Asia markets tumble amid recession fears

Asia markets tumble amid recession fears

channelnewsasia.com 05 Aug '11, 1am

HONG KONG: Asian stock markets tumbled in early trade on Friday following the fall in the US and European markets amid fea...

A new global financial crisis will hit Asia harder than the last one, ratings agency S&P said

A new global financial crisis will hit Asia har...

straitstimes.com 08 Aug '11, 4am

The S&P statement took on a much darker tone when considering the possibility that its assumptions were too rosy, noting t...

S&P: Asia would be hit harder by a second globa...

sg.finance.yahoo.com 09 Aug '11, 1am

On Monday 8 August 2011, 11:32 SGT SYDNEY (Reuters) - A new global financial crisis would hit Asia harder than the last on...

Tokyo shares plunge more than 4% in early trade after sharp sell-off on US and European markets

Tokyo shares plunge more than 4% in early trade...

straitstimes.com 05 Aug '11, 12am

Pedestrians are reflected on a stock index board outside a brokerage in Tokyo. -- PHOTO: REUTERS HONG KONG - ASIAN stock m...

MAS and Air Asia an insight by Datuk Ahirudin

rockybru.com.my 07 Aug '11, 11am

Tony Fernandes really do magic? Two years ago at the F1 circuit in Singapore, when Proton hadn't even thought of staking a...

European stock markets rebound from sharp losses

European stock markets rebound from sharp losses

channelnewsasia.com 11 Aug '11, 9am

LONDON - Europe's main stock markets rebounded sharply on Thursday, after sliding the previous day on unfounded rumours of...

‘We need more risk takers in Asia’ #Singapore

sg.news.yahoo.com 11 Aug '11, 7am

I find myself more sensitive to our common tendencies to generalize from narrow cases or try to squeeze generalizations to...

Wild stock market swings and property: The good...

todayonline.com 11 Aug '11, 9pm

Global stock markets have swung wildly in the past two weeks or so, since United States lawmakers decided at the eleventh ...