Market Watch (Free subscription) | yesterday
Banking stocks across Asia slip, especially those traded in Hong Kong and Australia, amid concerns over the extent of exposure lenders may have to financial troubles in Dubai.
Market Watch (Free subscription) | 11/23/2009
LOS ANGELES (MarketWatch) -- Australian stocks inched upward in early Monday trading despite a negative lead from Wall Street, though financials were mostly weak. The benchmark S&P/ASX 200 rose 0.1% to 4,690.6, with miners Alumina Ltd. and Newcrest Mining Ltd. among the leading gainings, up 1.5% and 2%, respectively. Several banks dragged on the market, however, with National Australia Bank Ltd....
Market Watch (Free subscription) | 11/20/2009
LOS ANGELES (MarketWatch) -- Australian stocks fell early Friday after U.S. shares ended down, with resource and financial names moving solidly lower in Sydney. The S&P/ASX 200 dropped 1.2% to 4,694.0, with Westpac Banking Corp. down 1.3% and Australia & New Zealand Banking Group declining 1.4%. In the resource space, BHP Billiton Ltd. lost 1.7% of its value, while Rio Tinto Ltd. was down...
Market Watch (Free subscription) | 11/04/2009
LOS ANGELES (MarketWatch) -- Australian shares kicked off Wednesday trades with modest gains, as Sydney's benchmark S&P/ASX 200 rose 0.3% to 4,545.9 following a mixed lead from Wall Street. Financials were among the advancers. with Westpac Banking Corp. rising 1.4%, Australia & New Zealand Banking Group up 0.4% and Commonwealth Bank of Australia 0.8% higher. Media and telecom giant Telstra...
Market Watch (Free subscription) | 10/28/2009
Australia and New Zealand Banking Group Ltd. says its profit for the year ending in September fell 11%, dragged down by bad debt and some derivative losses.
Market Watch (Free subscription) | 10/27/2009
LOS ANGELES (MarketWatch) -- Australian shares reversed a lower open to trade slightly higher in early action Wednesday, with Sydney's benchmark S&P/ASX 200 up 0.1% at 4,756.9. Offering support was WorleyParsons Ltd. , which gained 2.2%, bouncing back from losses sparked by a downbeat forecast for the first-half. Financials were mostly lower, with National Australia Bank down 0.5% after reporting...
Market Watch (Free subscription) | 10/23/2009
LOS ANGELES (MarketWatch) -- Australian stocks moved higher at the open, following a rally on Wall Street and helped by strong sales reported by supermarket operator Wesfarmers Ltd. The benchmark S&P/ASX 200 gained 1% to 4,861.7 in early action, while Wesfarmers , which owns the Coles supermarket chain, was up 5.2% after it said comparable sales rose 6.1% in the first quarter. Financials also...
Market Watch (Free subscription) | 10/22/2009
HONG KONG (MarketWatch) -- Asian markets dropped early Thursday, paced by shares of regional financials after banks dragged on Wall Street overnight. Japan's Nikkei 225 Average fell 1% to 10,234.08, and the broader Topix 1000 Index slid 1% to 904.63. South Korea's Kospi gave up 0.9%, Australia's S&P/ASX 200 slipped 0.2%, and New Zealand's NZX 50 lost 0.8%. Mitsubishi UFJ Financial Group lost 4.1%...
Market Watch (Free subscription) | 10/22/2009
LOS ANGELES (MarketWatch) -- Australian stocks traded to the downside early Thursday, with the S&P/ASX 200 dropping 0.5% in the first 10 minutes after a down day on Wall Street. Qantas Airways Ltd. was among the loss-leaders, moving 2% lower a day after the carrier said uncertainty in the sector prevented it from providing an earnings outlook for the current fiscal year. Financials also edged...
Market Watch (Free subscription) | 10/14/2009
HONG KONG (MarketWatch) -- Asian markets were mixed early Wednesday, with technology shares getting a lift from Intel results and resource shares rising on higher commodity prices. But Japanese shares wavered after the Dow Jones Industrial Averaged finished lower, with exporters such as Honda Motor Co. and financial stocks led by Mizuho Financial Group dragging on the market. The Nikkei 225 Average...
Market Watch (Free subscription) | 10/13/2009
HONG KONG (MarketWatch) -- Asian stocks were mixed Tuesday, with Japanese shares advancing on steelmakers such as Nippon Steel Corp. led commodity stocks higher as trading resumed after Monday's holiday. The Nikkei 225 Average gained 0.5% to 10,068.15 and the broader Topix Index added 0.5% to 902.49 in Tokyo. Australia's S&P/ASX 200 gained 0.8% to 4,776.70, with New Zealand's NZX 50 slipping 0.1%....
Market Wire (Free subscription) | 10/05/2009
LONDON and SINGAPORE (MARKET WIRE) FRSGlobal, the only global provider of risk and regulatory reporting solutions with coverage for over 40 countries on a unified platform, today announced that Australia and New Zealand Banking Group Limited (ANZ) has chosen FRSGlobal's regulatory reporting tool, RegPro, to be implemented across 12 countries in Asia Pacific and Japan (APJ) as the bank increases its...
Market Watch (Free subscription) | 09/25/2009
Dutch bank ING Group NV will sell its 51% stake in a wealth management operation to joint venture partner Australia and New Zealand Banking Group for 1.1 billion euros ($1.6 billion).
Market Watch (Free subscription) | 09/23/2009
HONG KONG (MarketWatch) -- Asian markets traded mixed early Wednesday, with Australia's S&P/ASX 200 higher as resource stocks jumped after a rebound in commodity prices and stock gains on Wall Street. The Australian benchmark rose 1.3% to 4,723.90 in early action, with Woodside Petroleum Ltd. climbing 3% and OneSteel Ltd. rising 2.9%. South Korean stocks dropped, however, after ending at a fresh...
Market Watch (Free subscription) | 09/18/2009
HONG KONG (MarketWatch) -- Most Asian stocks edged lower early Friday after a retreat on Wall Street, with the region's miners and metals producers, including BHP Billiton and Korea Zinc, taking a breather after recent strong gains. Japanese stocks reversed direction after rising in the previous three sessions, with banks down sharply, weighed partly by reports the new banking minister would like...
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