InfoAnda - Asian markets extend losses after Wall Street fall

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

Global Weather-Celsius | 10 October 2009
"Gossip Girl" actor cast in "Apparition" horror | 5 January 2010
Apple, labels work on plan to boost album sales: report | 27 July 2009

Indian PM says Pakistan militants planning fresh attacks | 18 August 2009

Forum Views () Forum Replies ()

Read more with google mobile : Asian markets extend losses after Wall Street fall

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Asian markets extend losses after Wall Street fall AFP - Saturday, June 26 Send IM Story Print HONG KONG (AFP) - – Asian stocks followed Wall Street lower on Friday as concerns over the global economy returned, while China set the yuan at its strongest rate in five years a day before a key G20 summit. Traders extended losses from the previous session after the US Federal Reserve issued a subdued outlook on the state of the world's biggest economy, suggesting the European debt crisis was taking its toll. Tokyo dropped 1.92 percent, or 190.86 points, to end at 9,737.48, while Hong Kong closed 0.21 percent, or 42.70 points, lower at 20,690.79. Shanghai shed 0.54 percent, or 115.18 points, to 2,552.82. Sydney gave up 1.49 percent, or 66.7 points to end at 4,413.0 as hopes subsided that new Prime Minister Julia Gillard would soften a controversial resources tax. Taipei fell 1.52 percent, or 115.18 points, to 7,474.71 after the government raised interest rates for the first time since the global downturn and despite officials agreeing a free trade deal with China. On Wall Street, the Dow Jones index tumbled 1.41 percent as investors digested the Fed's comments after a two-day policy meeting that ended Wednesday. After keeping interest rates at record lows the central bank warned that "financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad". The debt woes of eurozone countries including Greece and Spain have caused concern globally that the problems could spill over and lead to another downturn. The Fed's assessment follows a batch of poor homes sales data that suggests recovery in the US is not as strong as hoped. The People's Bank of China said Friday it set the central parity rate -- the centre point of the currency's allowed trading band -- at 6.7896 to the dollar, 0.3 percent stronger than Thursday's 6.8100. The figure marks the strongest the yuan has been since China freed it from an 11-year-old peg in July 2005 and moved to a tightly managed floating exchange rate. The yuan hovered around the 6.8 mark on China's main foreign exchange market on Friday. Beijing last weekend pledged to let the yuan trade more freely against the dollar but ruled out dramatic moves or a one-off appreciation. The announcement comes as President Hu Jintao prepares to join other world leaders in Toronto for the Group of 20 summit, where he had been expected to face pressure to let his currency strengthen. Many critics argue that China has kept its currency artificially high in order to help its exports. The yuan had been effectively pegged to 6.8 to the dollar since the global economic crisis erupted in 2008. Despite China's action, US lawmakers have threatened to press ahead with legislation they said would treat "currency manipulation" as an illegal subsidy and enable US authorities to impose tariffs on Chinese goods. The falling stocks led to more risk aversion, which weighed on the euro. The single currency was changing hands at 1.2315 dollars in Tokyo morning trade, down from 1.2328 in New York late Thursday. It slipped to 110.23 yen from 110.47 yen. The dollar was at 89.50 yen, from 89.67 in New York. Oil was lower. New York's main contract, light sweet crude for August delivery, fell 18 cents to 76.33 dollars a barrel. Brent North Sea crude for August delivery dropped 38 cents to 76.09 dollars a barrel. Gold closed at 1,246.00-1,247.00 US dollars an ounce in Hong Kong, up from Thursday's close of 1,231.50-1,232.50 dollars. In other markets: -- Singapore closed 0.14 percent, or 4.03 points, higher at 2,851.64. Singapore Airlines was 0.55 percent higher at 14.52 Singapore dollars, DBS Group Holdings dropped 0.73 percent to 13.66 dollars and CapitaLand weakened 0.54 percent to 3.72 dollars. -- Seoul closed 0.58 percent, or 10.03 points, lower at 1,729.84. -- Kuala Lumpur edged up 0.58 points to 1,326.45. Glove maker Top Glove gained 2.90 percent to 13.38 ringgit, HL Bank rose 1.50 percent to 8.68 while Berjaya Sports Toto shed 3.30 percent to 4.33. -- Manila ended 0.55 percent, or 18.49 points, higher at 3,352.46. Philippine Long Distance Telephone rose 0.8 percent to 2,395 pesos and Metropolitan Bank added 5.0 percent to 63.00. -- Jakarta rose 1.13 percent, or 32.92 points, to 2,947.02. -- Wellington slipped 0.50 percent, or 15.36 points, to 3,034.11. Fisher & Paykel Healthcare fell 1.3 percent to 3.14 New Zealand dollars, Sky TV lost 0.4 percent to 4.91 and Telecom was flat at 1.97. -- Bangkok edged up 0.48 points to 793.67. Banpu fell 8.00 baht to 616.00 while Siam Cement added 1.00 baht to 260.00. -- Mumbai fell 0.88 percent, or 155.71 points, to 17,574.53. ICICI Bank fell 3.09 percent to 857.5 rupees while software exporter Wipro fell 2.75 rupees to 390.55. Recommend Send IM Story Print Related Articles Best Places In Asia To Be A Landlord Forbes - 20 minutes ago US-BUSINESS Summary Reuters - 26 minutes ago Corrected: Lawmakers agree on historic Wall St reform at dawn Reuters - 26 minutes ago Pressure mounts to dilute bank capital plan Reuters - 38 minutes ago GLOBAL MARKETS-World economy saps equities; dollar rises Reuters - 50 minutes ago News Search Top Stories Brazil, Portugal 0-0 at halftime BP shares plunge near 14-year low on liabilities Clijsters reaches Wimbledon fourth round Paws for thought: Oscar the bionic cat Amputee cat gets bionic legs More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Aussie men shoot each other in buttocks 'to see if it hurts' Swingers at risk of sexual disease: Dutch study Longest ever tennis match resumes at Wimbledon Scientists make progress in growing new human lungs Disgraced millionaire lobbyist takes pizza job More Most Viewed » Aussie men shoot each other in buttocks 'to see if it hurts' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Friday, 25 June 2010
Still time for Iran nuclear fuel swap
Obama: 'Russia belongs in the WTO'
Paris hosts cyber-shelter for battered bloggers
French 'Hannibal Lecter' gets 30-year jail term
US-TECH Summary
Canada police halt suspicious car near G20 summit site |
US ambassador to Afghanistan: Time to move on
Second 2010 hurricane forms off Mexico
Fans scramble for Apple's iPhone upgrade
US ambassador to Afghanistan calls for unity
Longest ever tennis match resumes at Wimbledon
Google assessing China's new rule on web mapping
Katy Perry Spends Third Week Atop Billboard Hot 100 With "California Gurls"
Facebook to take on Asian rivals to reach billion user mark
7 Afghan construction workers killed in bombing
Swingers at risk of sexual disease: Dutch study
Suspected Jamaican drug lord faces handover to U.S. |
Greek police minister escapes bomb |
French Obama hacker escapes jail
Tech companies seeking business in Syria
Twitter settles privacy charges with U.S
Still time for Iran nuclear fuel swap: think tank |
China marks anti-drug day with executions: state media
Pakistani court sentences Americans for terrorism
Nokia to use Linux for flagship N-series phones
Israel's Likud backs West Bank settlement growth
Nokia to use Linux for flagship N-series phones
Frenchman who ate cellmate's lung gets 30 years jail |
Alleged Jamaica drug lord extradited to US: official
Israel's Likud approves West Bank settlement growth
Paraguay into last 16, Kiwis leave with pride
Nike Posts Growth In Q4, Full Year Earnings
Iranian Guards Crossed Into Iraq To Capture US Hikers
Illinois State Police Dismiss First Muslim Chaplain
New Jobless Claims, Continuing Claims Fall More Than Expected
Katy Perry Spends Third Week Atop Billboard Hot 100 With "California Gurls"
Ben Stiller Creating Web Show Starring His Parents
Sino-Canadian ties of 'growing strategic importance': Hu
Ex-media baron Black's fraud conviction set aside
Japan PM kicks off campaign season
Myanmar sees 'dramatic' surge in drug seizures: UN
N.Korea vow to restore honour against Ivory Coast
Debate Heightens About University Of Texas Dorm Named After Klansman
Gucci, Fendi present first children's collection in Florence
US-ENTERTAINMENT Summary
Justin Bieber, Usher To Appear On "20/20" Michael Jackson Special
Oil Spill Cleanup Captain Commits Suicide On Vessel
A Minute With: Taylor Lautner from "Twilight"
Art missing since 1945 on show at German palace
US, EU Sign "Second Stage" Air Transport Agreement
Cuba's Buena Vista Social Club to miss U.S. show
YouTube, now with instant vuvuzela sound |
Polaroid action nets 12.5 million dollars
Drool-worthy tips on new Paris foodie website
Internet bosses set to approve .xxx for porn sites |
Bharti to invest 150 million dollars in Zain Zambia
Glastonbury readies for music, mud and Gorillaz
Apple's iPhone 4 makes world debut
Alibaba.com to buy U.S. e-commerce site Vendio |
Stability back in Vietnam forex market: state bank
New Japan PM to make global debut at Canada summits
A Minute With: Taylor Lautner from Twilight |
Santana recruits Nas and Daughtry for covers album |
YouTube, now with instant vuvuzela sound |
Killers' singer Flowers to debut album in September |
Cuba's Buena Vista Social Club to miss U.S. show |
US seeks to reassure allies after McChrystal fired
Bank of England warns of eurozone debt crisis dangers
US Congress approves new Iran sanctions
Burgers, Boeings and bonhomie as Obama meets Medvedev
Will video sites stop filtering content?
U.S. Congress OKs sanctions on Iran's energy, banks
Arrest in N.Ireland over 'Basque separatist probe'
Jamaica turns over alleged drug lord to U.S. |
Apple's iPhone 4 makes stellar world debut
US lawmakers race to secure Wall Street reforms
Israel offers to let Europe diplomats visit Gaza-official
Gadhafi, Zapatero 'in talks' on next EU-Africa summit
North Korea issues no-sail warning; missile eyed |
Sony's PlayStation near deal with Hulu: report
Scientists make progress in growing new human lungs
Russia to buy 50 Boeing 737s worth four billion dollars
Australian new PM reassures Obama on Afghanistan
Hong Kong passes historic reforms amid muted protest |
Venture firm Accel pours 11 million dollars into GetJar
Blackberry maker RIM rings up record smartphone sales
US ambassador to Afghanistan: Time to move on
Obama, Democrats prepare for campaign with iPad, iPhone apps
Alibaba.com to buy U.S. e-commerce site Vendio
Twitter settles with US regulators over privacy breach
Sony's PlayStation near deal with Hulu: report
Stalin statue removed in Georgian home town |
"Glee" Cast Members Talk UK Tour, Michael Jackson With Jonathan Ross
Police: Calif couple tried to sell baby at Walmart
Hong Kong passes democratic reform package
US, Russia Reiterate Commitment To Bring Peace To Afghanistan
Tibet environmentalist jailed for 15 years: lawyer
President Obama Signs West Virginia Disaster Declaration
Disappointment, pride for fans as NZ bows out
Severe storm shatters largest city in Connecticut
U.S. High Court Rules ‘Honest Service’ Fraud Law Covers Only Bribery, Kickbacks
Whalewatching worth billions and booming: study
Russian President Gets Taste Of American Food, Calls It Not Healthy
"Harry Potter," "Paranormal Activity" Sequel Trailers To Debut Before "Eclipse"
U.S. Markets Continue Decline As Retailers, Financials Weigh
Palin fund illegal; donors will get money back
S.Korea places 65 firms under restructuring plans
Global Weather-Celsius
Seoul shares fall 0.6 pct on econ jitters
Sony's PlayStation near deal with Hulu: report |
Taiwan stocks end down 1.5 pct; property slumps
PAKISTAN
China sets strong yuan rate ahead of G20
Will video sites stop filtering content? |
China's yuan move too soon to judge: Obama
Seoul shares fall 0.6 pct on econ jitters
New Australia PM tells Obama committed to Afghan war
N.Korea issues no-sail warning; missile eyed-paper
From the Bronx to Brooklyn, pianos take over New York
Fans gather for Michael Jackson death anniversary
S.Korea won breaks support line on recovery doubt
Philippines' kidney register to fight trafficking
Taiwan raises rates on NCDs after rate hike
New troubles at Al Gore's Current TV
S.Korea raps 'reckless' N.Korea at war anniversary
N.Korea declares 'no sail' zone off west coast
Channing Tatum attached to sci-fi romance "Ion"
North Korea issues no-sail warning; missile eyed
"Toy Story 3" set to crush Cruise and Sandler movies
Goldman Sachs gets Weinstein films in debt pact
Blue Samurai draft new chapter for Japan
War film "Restrepo" gives ground view of Afghan war
Pubs urged to stock up booze for England vs Germany
Santana recruits Nas and Daughtry for covers album
Toy Story 3 set to crush Cruise and Sandler movies |
War film Restrepo gives ground view of Afghan war |
Goldman Sachs gets Weinstein films in debt pact |
New troubles at Al Gore's Current TV |
Channing Tatum attached to sci-fi romance Ion |
Paws for thought: Oscar the bionic cat
Israel marks four years of 'cruel' Shalit captivity
G8 nations to take stock of development needs |
Amputee cat gets bionic legs
Clijsters reaches Wimbledon fourth round
Kyrgyz troops vote in first stage of referendum |
Bodies found beheaded in southern Afghanistan
BP shares plunge near 14-year low on liabilities
Pacific Hurricane Darby now a major storm off Mexico |
Shakira To Release New Fragrance "S"
Former Transit Officer Testifies In Own Murder Trial
Germany calls for bank tax ahead of G20
Hurricanes In Eastern Pacific Ocean Pose No Threat While Forecasters Watch Atlantic Ocean Region
Police find 11 beheaded bodies in Afghan south |
Are Americans embracing the beautiful game at last?
Drunk Man Found Mile Offshore Floating In Pool Chair
New York's V, W Subway Lines Make Final Runs Friday
Court rules no right to gay marriage in Europe |
BP says 2.35 billion dollars spent on oil spill
Vatican protests to Belgium over police raids |
Scientists Implant Functional Lung Tissue In Rats
Milwaukee Teen Dies In Parking Garage Collapse
Red Wine Ingredient May Prevent Blinding Diseases
Indonesia says militants aiming at embassy, police |
Study: Canadian, U.S. Health Care At The Bottom Among 7 Industrialized Nations
Yemen police, militants clash during raid in Aden |
Swollen river threatens major city in central China
Stalin statue removed in Georgian home town |
UN war crimes panel chief 'criticises S.Lanka ban'
Outcry as Hong Kong adopts democratic reforms
Australia's Gillard unlikely to shift foreign policy
Japan sumo gambling scandal highlights yakuza links
Hong Kong passes "historic" reforms amid muted protest
Ambani brothers sign revised gas deal
Oppenheimer sees iPhone 4 sales of 1.5 million on first day |
Pakistan to monitor Google, others for blasphemy |
Suicide-hit Foxconn hands over staff dormitories |
Pakistan stocks flat ahead of fiscal year-end
Asian markets extend losses after Wall Street fall
Man and didgeridoo open Glastonbury music festival
Mizuho Financial announces $9.6 billion share sale
Michael Jackson fans pay tribute to billion dollar man
Oil falls as investors turn pessimistic
Are Americans (finally) embracing the beautiful game?
S.Korea agency to buy $3.7 bln savings bank loans
S.Korean banks select 65 firms for restructuring
Japan fans hold sleepover to mark Jackson death
Michael Jackson fans pay tribute to billion dollar man |
A Minute With: Taylor Lautner from Twilight |
Man and didgeridoo open Glastonbury music festival |
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		BlogMeter 1.01