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Asian stocks mixed on Wednesday. The Hang Seng of Hong Kong lost 834 points and Tokyo's Nikkei rose 100 points.
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The overnight rout on Wall Street set the stage for another awful day in Asia Thursday, with the Nikkei 225 index seeing a dramatic plunge in early trading.
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Equity markets across Europe were pounded by the crosswinds of failing economic growth and profit warnings from companies hit by the burgeoning recession
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Stock markets across Asia continued their nervous decline weighed down by fears of a global recession.
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HONG KONG (Reuters) - Most Asian shares fell on Friday as concerns over the global economy and caution ahead of a Bank of Japan rate decision halted a powerful three-day rally, sending safer havens such as regional bonds and the yen higher.
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THE share market closed 3.5 per cent lower today, sharply reversing its gains of yesterday, as renewed fears of a global recession and a domestic slowdown weighed on the local bourse.
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Japanese shares led Asia-Pacific markets lower as anxieties about the US economy and the global outlook heightened amid worsening data and the prospects for US carmakers
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Japanese shares led Asia-Pacific markets lower as anxieties about the US economy and the global outlook heightened amid worsening data and the prospects for US carmakers
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Stocks rose on Tuesday in Europe in afternoon trading, climbing back from a sharp decline in the morning. Shares in Asia fell amid deeply bearish sentiment.
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Shares slide despite British software group reporting a jump in profits as analysts fear it will suffer a "sharp drop in overall revenue".
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The drop was led by raw-materials companies and consumer electronics makers, as the deepening global recession stifles the outlook for earnings.
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Asian stocks were mixed on Monday as the Hang Seng of Hong Kong slipped 3.3 percent and Tokyo's Nikkei added 1.4 percent.
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Asian shares fell in reaction Toyota Motor's warning of its first loss in seven decades while China cut interest rates for the fifth time in three months, raising concerns about the depth of global economic problems
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Japan's Nikkei 225 leads Asian markets higher on hopes Governments will help the economy.
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Shares in Royal Bank of Scotland, Lloyds TSB and HBOS fall sharply despite the UK's government's £37bn bail-out package.
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Oct 14 - Japanese and Asian shares soared Tuesday following a Wall Street rally, recouping some of the losses from the worst trading week ever.
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REYKJAVIK/MOSCOW (Reuters) - Iceland drew on Nordic help to get foreign currency on Tuesday and held talks with Russia over a possible loan to stave off a crisis that has left its economy near collapse.
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Eric Daniels chief executive of Lloyds TSB insisted the bank's takeover of HBOS would go ahead on the existing terms despite a 7pc drop in Lloyds' share price.
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The stock markets across the Asia-Pacific region closed lower Wednesday on profit taking from recent rallies. Wall Street's decline overnight, amid concerns that the government measures won't be sufficient to prevent the U.S. economy from entering a deep recession, prompted investors to sell stocks. Hong Kong's Hang Seng index plunged 5% and India's Sensex fell nearly 6%. However, Japan's Nikkei index rebounded in late trade to end in positive territory. Oil prices held steady in the Asian session Wednesday after the contract for November delivery fell overnight in U.S. trading. The Japanese yen rose against the dollar as investors turned risk averse.
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Stocks fell in Europe after a mixed session in Asia as investors began to face the likelihood that dislocations would plague the economy even if bailouts were to succeed.
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Markets were modestly lower as analysts and investors around the world digested the details of the massive bailout plans in the United States, and as the poor state of the global economy returned to center stage.
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Stock markets slump on fresh fears of a global recession despite moves to strengthen the financial system.
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European shares gave up almost all of the previous session's gains as recession fears drove down mining and metals stocks.
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Oct 15 - Asia stocks swung on Wednesday as fears over a global recession crept back into investors minds.
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BOSTON (Reuters) - State Street Corp (STT.N), one of the world's biggest institutional money managers, reported rising unrealized losses in its commercial paper program and investment portfolio on Wednesday, sparking concerns among investors, who sent its shares plummeting more than 15 percent.
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Asian stock markets plunge on fears of a global recession with Tokyo's Nikkei average down by about 10%.
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Asia-Pacific investors carried on the wave of selling suffered on Wall Street and in Europe as worries about a global recession intensified amid deteriorating economic data
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Growing evidence that the worldwide bank rescue plans have come too late to avert a deep global recession drove down stock markets in Europe, the US and Asia
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US stocks plunged yet again on fresh concerns that the vast government intervention in the financial system may not be enough to stem the credit crisis and that it had in any case had come too late to prevent severe and long-lasting recession
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