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Asia markets slide following Wall Street
AP - Asian markets fell Wednesday after Wall Street resumed its slide from last week amid persistent concerns that woes in the U.S. housing loan market could spread and drag on global growth.
World No.3 PC maker Lenovo's Q1 net leaps 13-fold
Reuters - China's Lenovo Group Ltd. (0992.HK),
the world's third largest computer maker, posted on Thursday a
much stronger-than-expected, nearly 13-fold surge in quarterly
profit as strong demand from corporate clients offset fierce
competition at home.
Allianz beats Q2 forecasts as life insurance shines
Reuters - Allianz , Europe's biggest
insurer, beat forecasts with net profit of 2.140 billion euros
($2.9 billion) in the second quarter, down 6 percent from a
year earlier when the result was boosted by asset sales.
Weyerhaeuser profit falls in 2Q
AP - Weyerhaeuser Co., one of the world's largest lumber and paper producers, said Friday its second-quarter profit dropped sharply due to hefty charges and weakness in the housing construction markets.
Wall Street awaits Fed rate decision
AP - With two weeks of volatility behind it, Wall Street faces the prospect of more turbulence unless the Federal Reserve comes to the rescue.
U.S. stock futures rise, suggest respite before Fed
Reuters - U.S. stock futures edged up on Monday,
suggesting Wall Street may rise as investors prepare for
Tuesday's Federal Reserve rate decision after last week's
market slide as soft data fanned concern about the economic
outlook.
FTSE rallies as Wall St recovers
FT.com - London equities made strong gains in opening trade on Tuesday in a broad based rally inspired by an overnight recovery on Wall Street.
European stocks climb further
AFP - Europe's main stock markets extended gains on Wednesday, mirroring a recovery on Wall Street after recent heavy losses for global equities.
FTSE lower as utilities power down
FT.com - London equities fell in opening trade on Thursday, hampered by weakness in utility stocks after their recent strong defensive run petered out.
Asian stocks plunge on credit fears
AP - Asian stocks plunged Friday as fallout spread from global market turmoil set off by concerns about credit weakness in the U.S. The Bank of Japan joined its U.S. and European counterparts in pouring cash into money markets to calm growing jitters.
Investors to face data on inflation
AP - Amid the wildest stock market in years, the Federal Reserve has maintained that inflation is its biggest worry. Wall Street will try decide if that's a legitimate stance when this week's data on rising prices comes in.
Wary global stock markets slip, yen climbs
Reuters - Asian stocks eased on Tuesday while
government bonds and the yen strengthened as risk appetite
remained weak amid lingering credit worries, but there was no
sign of the panic selling seen late last week.
Asian stocks tumble as global selloff drags on
AFP - Most Asian stock markets suffered another mauling in early trade on Wednesday after an overnight slump on Wall Street dashed hopes of an end to recent turmoil sparked by US mortgage woes.
Asian stocks fall in morning session
AP - Asian stocks fell Thursday morning, battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.
Asian markets mixed on bargain-hunting
AP - Asian shares tumbled again Friday with some markets giving up early gains, as major markets in Tokyo, Seoul and Hong Kong showed little sign they were ready to stage a recovery amid a global sell-off.
Bruised stock markets brace for volatile week
AFP - Stock markets are bracing for fresh upheavals in the week ahead as they seek to staunch a severe blood-letting triggered by the global credit crunch.
China moves again to stamp out shady share trading
AFP - China will act again to curb short-term speculation, insider trading and price rigging on the nation's booming stock markets, according to new rules released by the Shanghai bourse.
Oil prices fall below $71 a barrel
AP - Oil prices dropped Tuesday as traders shifted focus from the threat of Hurricane Dean on U.S. energy facilities in the Gulf of Mexico to worries about global stock markets.
Asian stocks rise on US rate cut talk
FT.com - Asian stock markets were broadly higher on Wednesday morning on speculation that the Federal Reserve would try to sustain US demand and tame the credit crisis by lowering interest rates.
Japanese stocks power ahead
FT.com - The Japanese stock market surged ahead on Thursday, powered by a further decline in the yen and growing confidence that Japan's financial services companies have not been hit badly by US subprime woes.
Japanese stocks down; dollar up vs. yen
AP - Japanese stocks edged down Friday on profit-taking in the wake of the previous day's strong rally.
Stocks surge following home sales data
AP - Wall Street ended its calmest week in a month with a big advance Friday, rising on solid economic readings that countered the bleak sentiment that has blanketed the financial markets. The Dow Jones industrial average rose more than 140 points in a lightly traded session.
Battered stock markets get breathing room, but fear contagion
AFP - Global investors will be watching nervously for signs of contagion from the US housing meltdown and a credit squeeze in coming days, even after a broad stock markets rebound over the past week from recent turbulence.
Asian stocks continue to recover
FT.com - Stock markets around Asia Pacific continued to recover, still paced by Hong Kong, helped by a strong rise on Wall Street Friday after solid US housing and durable goods orders.
Asian shares broadly lower on US data
FT.com - Most Asian stock markets were lower on Tuesday, after figures overnight showed the number of unsold homes in the US rose to the highest since 1991, reviving concerns about the outlook for Asia's biggest export market.
Wall St set for firm start after Tuesday's drop
Reuters - U.S. index futures pointed to a firm
start on Wall Street on Wednesday after sharp losses in the
previous session on mounting concerns that the U.S. mortgage
crisis could lead to a slowdown in the world's biggest economy.
Asian stocks recover as Fed tames trouble
AFP - Asian stock markets rebounded in early trade Thursday as investors grew confident that the Federal Reserve would take action to combat housing woes that have battered global bourses.
Technology shares push Asian markets higher
AFP - Asian stock markets gained for a second straight day Friday as technology shares rose on strong earnings from US giant Dell, which offset lingering concerns about the health of the US economy.
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