Entries Categorized as 'Asian Stock Market'

China’s Cabinet advises stock market regulators

Date April 2, 2008

On the follow up to the huge stock market crash witnessed in various asian stock markets, the Chinese cabinet seems to have taken the initiative and has advised the financial market regulators of China to promote healthy practices in the chinese stock markets. The main stock market Index of China, better known as SSEC or [...]

Posted in Asian Stock Market Comments No Comments »

Asian Stock Markets Rise for a Fourth Consecutive Day

Date September 24, 2007

Asian stocks rose for a fourth day after the FED chairman Ben Bernake cut benchmark rates by 50 basis points. The lower cost of funds in U.S. is likely to help the global economy, especially the Asian economy which has 7 of the top 10 fastest growing economies in the world. The Morgan Stanley Capital [...]

Posted in Asian Stock Market, Record High Comments No Comments »

Hong Kong Stock Market Touches Record High

Date September 24, 2007

The Hong Kong Stock Market rose by over 2% today and in the process created a new record high. At noon the benchmark index touched 26,400 points to close at an all time high. As crude prices hover around all time high, financial stocks and stocks of oil companies rallied smartly pushing the Index to [...]

Posted in Asian Stock Market, Hong Kong Stock Market, Record High Comments No Comments »