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 [...]

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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 [...]

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