InfoAnda - World stocks power higher on brighter outlook

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Afghan govt throws out nearly a quarter of ballots | 20 October 2010
Khmer Rouge tribunal must continue: rights group | 10 November 2010
Death toll mounts in Maoist train sabotage | 29 May 2010

COMMENTARY: Bangkok set to slide again | 20 February 2011

Forum Views () Forum Replies ()

Read more with google mobile : World stocks power higher on brighter outlook

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: World stocks power higher on brighter outlook AFP - Tuesday, August 25 LONDON (AFP) - - European stock markets rallied on Monday, with London nearing 5,000 points for the first time in nearly a year after Asian equities powered higher on growing optimism for the global economy. ADVERTISEMENT In morning trade here, London's benchmark FTSE 100 index of leading shares was up 0.71 percent at 4,885.51 points after a brief rise above 4,900 points. Frankfurt's DAX 30 added 0.58 percent to 5,494.63 points and in Paris the CAC 40 gained 0.63 percent to 3,638.68 points. The DJ Euro Stoxx 50 index of leading eurozone shares won 0.83 percent to 2,768.40 points. On the foreign exchange market, the European single currency fell to 1.4299 dollars. "The real question is: are these (stock) gains sustainable?" said Joshua Raymond, market strategist at financial betting firm City Index. "The FTSE has now rallied 40 percent since early March which is quite a turnaround and momentum is likely to be the key again this week. The markets are continually looking like pricing in a V shaped recovery but the next 30-40 days will be crucial. "The next month or so will help to identify whether a recovery is to V or W shaped. If it's the latter, there could be a mini correction in store but considering the momentum the market has right now, you are going to have to be quite brave to trade against the trend," added Raymond. Asian stocks rallied on Monday, tracking strong gains on US and European markets ahead of the weekend as optimism mounted that the global economy was getting back on its feet after the worst recession in decades. The upbeat start to the week came after stocks rose to fresh 2009 highs across Wall Street on Friday in response to bright housing data and Federal Reserve chief Ben Bernanke's comments that global recovery prospects "appear good." Tokyo soared 3.35 percent by the close on Monday, Hong Kong jumped 1.67 percent, Shanghai won 1.10 percent and Sydney rallied to end up 3.16 percent. Signs that the Chinese market is stabilising after recent sharp falls sparked by fears of overheating calmed investors' nerves across the region. "The bubble in the (Shanghai) market valuation has been corrected to a degree," said Great Wall Securities analyst Zhang Yong. Asian investors took their cue from Wall Street where the Dow Jones Industrial Average surged 1.67 percent on Friday to finish at 9,505.96, posting a fourth straight daily gain. The blue-chip index had not finished above 9,500 since early November and has now climbed about 45 percent from its March low. "This is a new wave of optimism," IG Markets institutional dealer Chris Weston told Dow Jones Newswires. "There's no way this momentum on Wall Street will just turn around." Fed chairman Bernanke lifted spirits, telling a meeting of central bankers in Jackson Hole, Wyoming, that the global outlook for recovery from the worst slump in six decades appeared good. "After contracting sharply over the past year, economic activity appears to be levelling out, both in the United States and abroad, and the prospects for a return to growth in the near term appear good," Bernanke said. Figures showing existing-home sales in the United States surged 7.2 percent in July to a seasonally adjusted annual rate of 5.24 million units -- the largest gain since records began in 1999 -- poured more fuel on the rally. The report "encouraged expectations of a US housing recovery", said NAB Capital analyst John Kyriakopoulos. Economists say a recovery in the stricken housing sector, after a bubble collapsed three years ago, is key to pulling the world's largest economy firmly out of recession. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Enlarge Photo The trading hall of German stock exchange in Franfurt. European stock markets rallied on Monday, with London nearing 5,000 points for the first time in nearly a year after Asian equities powered higher on growing optimism for the global economy. Most Popular – Top Stories Viewed Homes of former Porsche executives searched: report Triple gold for Bolt as Kenya trump Ethiopia Swiss size up hole in iconic banking secrecy Ramadan begins on Saturday amid swine flu worries Egypt warns pharaohs' tombs could disappear View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Monday, 24 August 2009
Iraqi suspect: It cost $10,000 to pass checkpoints
Hundreds evacuated as fire threatens Athens suburbs
Five killed in light aircraft crash near French Riviera
Iraq broadcasts truck bomber video confession
Settlements seen clouding Netanyahu's Europe trip
Iraq shows video it says is confession of bomber | International |
Eight dead in Ukraine mine blast: reports | International |
Iraq shows video it says is confession of bomber
'Hezbollah' accused allege torture in Egypt jail
Russia sees no threat to deals in new Mongolia leader | International |
Iraq halts removal of Baghdad security barriers
Iraq intelligence chief retired before major blasts
Egypt tries 26 men seen with Hezbollah links
England win fifth Test, regain Ashes
No US puppet, recent Karzai decisions anger US
Even in death, Kim Dae-jung unites Koreas
Suicide bomb in Pakistani city of Peshawar kills 3
As Calif. prison spending rises, so do concerns
Plugging Australian oil leak could take weeks
Obama facing hard choices on Afghanistan war plans
Koreas hold talks amid funeral for Kim Dae-jung
Scotland defends Lockerbie bomber release
Israel PM hopes to resume peace talks in September
Ponting steadies Australia in Ashes decider
Attackers kill 2 soldiers in southern Thailand
US military: American soldier killed in Iraq
NASA clears shuttle for launch, weather improving
Tarantino, Pitt put 'Basterds' on top with $37.6M
AP Analysis: Martinez departure part of GOP schism
US military leader concerned by Baghdad bombings
Senator: Single health care bill a better approach
Tarantino's Nazi movie slays at box office | Entertainment |
Burglary reported at Lindsay Lohan's L.A. home | Entertainment |
Sinopec profit surges on higher retail prices
Police probe burglary report at Lohan's LA home
Attack on Obama riles Beck's advertisers
Tarantino's Nazi movie slays at box office
Tarantino, Pitt's 'Basterds' earns glorious $37.6M
Italian village looks for its mystery lottery winner
US brass plea for more toops in Afghanistan: report
U.S. presses sanctions to end N.Korea atomic plans | International |
Germany presses for news this week on Opel's fate
Mass rigging in Afghan vote says leading contender
Al-Qaeda 'very capable' of more attacks: US military chief
Malaysia state says woman to be caned after Ramadan | International |
China trials over Xinjiang riot likely this week | International |
Israel presses Sweden to condemn 'anti-Semitic' report
Singapore shoots down rumor of APEC attack plot | International |
Fit-looking Fidel Castro appears on Cuban TV | International |
Ahmadinejad rivals rise within conservative camp
EU to draft new immigration policy by October | International |
Iraq shows video it says is confession of bomber | International |
AP NewsAlert
China legal activist freed, but may face tax case
Malaysia woman spared caning for drinking beer
Nepal's vice president ordered to retake oath
Aussie pundits back Ponting to stay as skipper
Steel beam slated to return Monday to ground zero
Japan opposition party in lead: survey
Teen trippin' on ADHD drugs can be a real downer
Afghan vote fraud allegations mount
Ponting vows to carry on after Ashes reverse
Discovery gets the all-clear for Tuesday launch
Sheriff: NC senator shoots intruder at his home
Scotland defends Lockerbie bomber release
Outed blogger who flamed model angry at Google
Plane, 3 cars collide after SoCal freeway landing
Weakened Hurricane Bill heads toward Canada
Golf course groundskeeper finds mammoth tooth
Police probe burglary at Lindsay Lohan's L.A. home
Seoul shares hit 13-mth high; Samsung Elec rallies
Taiwan dollar firms on Bernanke, exporters
S.Korean bonds slide on shares, auctions
Venezuelan wins sixth Miss Universe crown | Entertainment |
Seoul shares open up; Samsung Elec sets record
Robin Williams accidental star of new indie comedy | Entertainment |
China's Sinopec 1st-half net profit up more than fourfold
Suspect in U.S. model murder found dead in Canada | Entertainment |
Venezuela repeats at Miss Universe contest
Suspect wanted in model killing found dead in Canada
Venezuelan wins sixth Miss Universe crown
Lockerbie bomber plans tell-all book: report
Montag sings at Miss Universe, dismisses critics
Police say fugitive reality TV star found dead
Award-winning keyboardist Knechtel dead at 69
Robin Williams accidental star of new indie comedy
Police probe burglary at Lindsay Lohan's L.A. home
Contestants eye Miss Universe crown in the Bahamas
Afghanistan awaits first election results
U.N. urges calm in wait for Afghan poll result | International |
Dam disaster shows Russia 'very far behind': Medvedev
US-TECH Summary
World stocks power higher on brighter outlook
Eight dead in Ukraine coal mine blast: officials
Britain's recession 'at an end': industry survey
Shiite groups announce new alliance minus Iraqi PM
Fires near Athens recede after 3-day inferno | International |
Israeli PM heads to Europe for talks on Mideast peace
Dam tragedy shows Russia lags behind: president
Al-Qaeda 'very capable' of more attacks: US military
Big Pharma races to get swine flu vaccines to market
Israel PM expects no breakthroughs in London talks | International |
Iran tells world states to stop countering nuke drive
Sudan mulls immunity for aid workers' kidnappers | International |
Iran says cooperating with IAEA, West skeptical | International |
Ukraine leader hits back at Russia on anniversary | International |
Pakistanis rally to support war-affected populations | International |
US-TECH Summary
Rebels blow up train track, mobile tower in India
200 to face trial in China for Xinjiang unrest
In the red, US school districts cut yellow buses
Asian markets soar on renewed recovery hopes
Nokia to enter PC industry with first netbook | Technology |
Obama spokesman announces interrogation unit
SKorea seeks jail for disgraced cloning scientist
Facebook to boost staff by 50% in 2009: report | Technology |
Officials say North Korea must scrap nukes
SC judge to punish men in $9.8M armored car heist
Aussie cricket selectors erred 'but not to blame'
Hundreds to remain entombed in Taiwan village
Taiwan Red Cross pledges 1,600 homes for typhoon victims
Hurricane Bill peters out as it rolls over Newfoundland
The Nation's Weather
S.Korea prosecutors seek jail for clone expert
Lead poisoning haunts Chinese smelter communities
Analysis: Health overhaul tactics need overhaul
Opening statements to begin in gang rape trial
Social Security cost of living increases since '75
3 Calif. fires contained after burning for weeks
ADB to lend $500m stimulus to Philippines
ADB approves $500M stimulus loan for Philippines
Hong Kong tycoon makes Birmingham buyout bid
Toyota to conduct biggest recall yet in China
Taiwan's jobless rate hits record high
Taiwan jobless rate hits record high
Minister says Air India needs bailout: report
China Mobile to develop smartphones with Taiwan
Indonesia police dismiss Obama plot report
Seoul shares end at 13-mth high, Samsung at record =2
Qatar's Tribeca looks to create regional film hub | Entertainment |
Goldthwait brands Williams `World's Greatest Dad'
Spokeswoman: Lindsay Lohan's LA home broken into
Malaysian Islamic party urges Ramadan ban on concert
US-ENTERTAINMENT Summary
Suspect in U.S. model murder found dead in Canada
African fashion has the look; not what you expect
Ex-Soviet missile base offers a glimpse of Cold War
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01