Provides the latest RSS feeds for Asia Markets News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Singapore Star.com http://www.singaporestar.com/index.php/cat/ce9cf98a4a863704/ en-us Tue, 18 Jun 2013 23:56:07 -0400 Tue, 18 Jun 2013 23:56:07 -0400 30 the rest of Asia was restrained as investors waited for clarity on the Federal Reserve's next policy step. Major currencies were subdued as well ahead of the outcome of the ... http://www.singaporestar.com/index.php/sid/215285492/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 22:40:49 -0400 http://www.singaporestar.com/index.php/sid/215285492/scat/ce9cf98a4a863704 Member Benefits Manage your personalised Watchlist. Set up an online Virtual Portfolio. Participate in Share Chat. See more trades and director dealings. Play the Fantasy Share Trading ... http://www.singaporestar.com/index.php/sid/215285483/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 22:36:11 -0400 http://www.singaporestar.com/index.php/sid/215285483/scat/ce9cf98a4a863704 US stocks on Tuesday continued to tick higher after Monday's rally, as investors were closely awaiting the outcome of a two-day meeting of the Federal Open Market Committee (FOMC), the US Federal Reserve's policy setting arm.The Dow Jones Industrial Average surged 138.38 points, or 0.91 percent, to 15,318.23 points. The Standard & Poor's 500-stock Index rose 12.77 points, or ... http://www.singaporestar.com/index.php/sid/215285298/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:57:54 -0400 http://www.singaporestar.com/index.php/sid/215285298/scat/ce9cf98a4a863704 Gold futures prices on the COMEX division of the New York Mercantile Exchange fell Tuesday on concerns over possible scale-down of bond purchases by the US Federal Reserve.The most active gold contract for August delivery dropped 16.2 dollars, or 1.17 percent, to settle at 1,366.9 dollars per ounce.The Federal Open Market Committee (FOMC) started a two-day meeting Tuesday. Though most analysts do ... http://www.singaporestar.com/index.php/sid/215285299/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:57:53 -0400 http://www.singaporestar.com/index.php/sid/215285299/scat/ce9cf98a4a863704 * Investors still cautious ahead of Fed * Softbank soars after Dish abandons Sprint bid By Ayai Tomisawa TOKYO, June 19 (Reuters) - Japan's Nikkei share average rose to a one-week high on Wednesday, helped by optimism that the U.S. Federal Reserve would temper worries about an imminent roll back of its stimulus programme. The market also got a boost from Softbank Corp, which soared after Dish ... http://www.singaporestar.com/index.php/sid/215285491/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:49:21 -0400 http://www.singaporestar.com/index.php/sid/215285491/scat/ce9cf98a4a863704 (2 mins ago) Stocks in Hong Kong fell 0.18 percent at the open as dealers await the outcome of a US Federal Reserve policy meeting for an idea of its plans for its vast stimulus scheme. The benchmark Hang Seng Index fell 37.48 points to 21,188.40 in the first few minutes of ... http://www.singaporestar.com/index.php/sid/215284585/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:43:02 -0400 http://www.singaporestar.com/index.php/sid/215284585/scat/ce9cf98a4a863704 SINGAPORE, June 19 (Reuters) - Gold edged up on Wednesday after a two-day drop, but investors remained cautious as they looked to the end of a Federal Reserve policy meeting for clues on the outlook for U.S. economic stimulus. FUNDAMENTALS * Spot gold was up 0.06 percent at $1,368.59 an ounce by 0013 GMT, hovering around a nearly one-month low of $1,364.54 touched on Tuesday. U.S. gold ... http://www.singaporestar.com/index.php/sid/215285300/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:31:02 -0400 http://www.singaporestar.com/index.php/sid/215285300/scat/ce9cf98a4a863704 HONG KONG, June 19 | Tue Jun 18, 2013 9:29pm EDT HONG KONG, June 19 (Reuters) - Hong Kong shares are poised to start lower on Wednesday, with high yielding names in the local property and utilities sectors mostly weaker as investors await the outcome of a two-day U.S. Federal Reserve rate-setting meeting later in the day. The Hang Seng Index was set to open down 0.2 percent at 21,118.4 ... http://www.singaporestar.com/index.php/sid/215285727/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:29:38 -0400 http://www.singaporestar.com/index.php/sid/215285727/scat/ce9cf98a4a863704 HONG KONG, June 19 | Tue Jun 18, 2013 9:11pm EDT HONG KONG, June 19 (Reuters) - Hong Kong shares may start lower on Wednesday, with turnover likely weak as most investors stay on the sidelines awaiting the outcome of a two-day U.S. Federal Reserve rate-setting meeting later in the day. On Tuesday, the Hang Seng Index closed flat at 21,225.88 points, while the China Enterprises Index of ... http://www.singaporestar.com/index.php/sid/215284906/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 21:11:41 -0400 http://www.singaporestar.com/index.php/sid/215284906/scat/ce9cf98a4a863704 HONG KONG (MarketWatch) -- Japanese stocks jumped on Wednesday as a weaker yen and expectations that the Federal Reserve may not signal a tapering of its bond purchases pulled in buyers and spurred gains across sectors. The Nikkei Stock ... http://www.singaporestar.com/index.php/sid/215283688/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 20:33:20 -0400 http://www.singaporestar.com/index.php/sid/215283688/scat/ce9cf98a4a863704 TOKYO, June 19 (Reuters) - Japan's Nikkei share average is expected to rise to a one-week high on Wednesday, helped by a second-straight day of gains on Wall Street as investors bet that the Federal Reserve would temper worries about an imminent roll back of its stimulus programme. Market players said the Nikkei was likely to trade between 13,000 to 13,350 on Wednesday, after dropping 0.2 ... http://www.singaporestar.com/index.php/sid/215283472/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 19:33:21 -0400 http://www.singaporestar.com/index.php/sid/215283472/scat/ce9cf98a4a863704 TOKYO, June 19 (Reuters) - Following are orders for Japanese stocks placed through six foreign securities houses before the start of trade on Wednesday. Japanese Stocks: BUY 19.3 million ... http://www.singaporestar.com/index.php/sid/215283863/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 19:29:03 -0400 http://www.singaporestar.com/index.php/sid/215283863/scat/ce9cf98a4a863704 * Uncertainty about Fed meeting weighs on gold * Short-covering possible if Fed stays put with stimulus * Demand still soft in India, China -traders * Coming up: U.S. Fed Open Market Committee statement Wednesday (Adds market details, updates prices) By Frank Tang and Jan Harvey NEW YORK/LONDON, June 18 (Reuters) - Gold fell more than 1 percent on Tuesday as U.S. equities rallied and ... http://www.singaporestar.com/index.php/sid/215279689/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 16:05:06 -0400 http://www.singaporestar.com/index.php/sid/215279689/scat/ce9cf98a4a863704 (Reuters) - Japan's Toshiba Corp plans to cut about 10 billion yen (66.4 million pounds) in costs this fiscal year by reorganizing its network of television factories in Indonesia, China and Poland, the Nikkei said, citing company sources.Toshiba wants to make its TV operations profitable this year by overhauling its global production network and raising prices after the business lost almost ... http://www.singaporestar.com/index.php/sid/215277430/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 15:34:44 -0400 http://www.singaporestar.com/index.php/sid/215277430/scat/ce9cf98a4a863704 Guangdong province, launched a carbon trading scheme on Tuesday, the country's first market for compulsory carbon trading. The scheme covers 635 industrial companies and some public buildings that account for about 40 percent of the city's carbon emissions, the Shenzhen ... http://www.singaporestar.com/index.php/sid/215276401/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 14:13:53 -0400 http://www.singaporestar.com/index.php/sid/215276401/scat/ce9cf98a4a863704 China and the European Union will meet later this week to discuss problems concerning trade and economic cooperation, the Ministry of Commerce (MOFCOM) said Tuesday.The current photovoltaic (PV) trade dispute between the two sides is among the issues to be addressed during the dialogues, which are set to take place on Friday, said MOFCOM's spokesperson Shen Danyang.Earlier this month, the EU ... http://www.singaporestar.com/index.php/sid/215275741/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 13:07:56 -0400 http://www.singaporestar.com/index.php/sid/215275741/scat/ce9cf98a4a863704 China's actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the Ministry of Commerce said Tuesday.This is the fourth straight monthly increase since February, when China reported an FDI recovery after declining for eight consecutive months since June of 2012.During the first five months, the inbound investment increased 1.03 percent from a year earlier ... http://www.singaporestar.com/index.php/sid/215275740/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 13:07:56 -0400 http://www.singaporestar.com/index.php/sid/215275740/scat/ce9cf98a4a863704 China's coal imports, including lignite, fell 3.9 percent in May from a month ago as worries over import policies, high overseas prices and weak local demand curbed buyers' appetites, data from the China Coal Transport and Distribution Association showed late Monday. China is the top coal consumer, and traders there said weak domestic demand and uncertainty over whether Beijing would ... http://www.singaporestar.com/index.php/sid/215274237/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 12:00:59 -0400 http://www.singaporestar.com/index.php/sid/215274237/scat/ce9cf98a4a863704 Stock markets in Shanghai and Shenzhen scored respectable victories Tuesday as military aviation, Internet and real estate shares performed strongly in light trading.The Shanghai Composite Index crept up 3.08 points, or 0.14 percent, to close at 2,159.29; while the Shenzhen Component Index advanced 0.79 percent, or 66.36 points, to end at 8,470.86. Both indices came under pressure throughout the ... http://www.singaporestar.com/index.php/sid/215271657/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 10:54:57 -0400 http://www.singaporestar.com/index.php/sid/215271657/scat/ce9cf98a4a863704 In its first day of public trading after a five-month suspension, Shanghai-listed Xi'An Aero-Engine PLC, a State-owned producer of aircraft engines, saw its shares soar to the 10-percent daily limit Tuesday to end at 15.57 yuan ($2.54) as confidence in the aviation and related sectors rises.Xi'An Aero-Engine, which removed itself from trading as it pursued restructuring plans, took off ... http://www.singaporestar.com/index.php/sid/215271651/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 10:54:56 -0400 http://www.singaporestar.com/index.php/sid/215271651/scat/ce9cf98a4a863704 Asian markets mostly fell on Tuesday, with traders sitting on the sidelines as they await the US Federal Reserve's plans for its stimulus programme. The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data. Tokyo stocks dropped 0.20 percent, or 25.84 points, to 13,007.28, after jumping 2.73 percent the day before. Sydney fell ... http://www.singaporestar.com/index.php/sid/215268672/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 07:28:59 -0400 http://www.singaporestar.com/index.php/sid/215268672/scat/ce9cf98a4a863704 Asian markets were mixed on Tuesday, with traders sitting on the sidelines as they await the US Federal Reserve's plans for its stimulus program.The US dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data.Tokyo stocks dropped 0.20 per cent, or 25.84 points, to 13,007.28, after jumping 2.73 per cent the day before.Sydney fell 0.24 ... http://www.singaporestar.com/index.php/sid/215268673/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 07:28:58 -0400 http://www.singaporestar.com/index.php/sid/215268673/scat/ce9cf98a4a863704 By Sumanta Dey BANGALORE (Reuters) - China and other East Asian stock markets will be able to shrug off recent turmoil and post some gains in 2013 on hopes of an economy recovery, policy easing in the second half of the year and attractive valuations, a Reuters poll showed on Tuesday. Fears that the U.S. Federal Reserve may soon start rolling back its stimulus programme caused large outflows of ... http://www.singaporestar.com/index.php/sid/215267589/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 06:25:32 -0400 http://www.singaporestar.com/index.php/sid/215267589/scat/ce9cf98a4a863704 (45 mins ago) Stocks in Hong Kong ended flat in cautious trade as investors wait to see what the US Federal Reserve's plans are for its stimulus scheme. The benchmark Hang Seng Index edged down 0.02 points to 21,225.88 on turnover of HK$59.00 ... http://www.singaporestar.com/index.php/sid/215266871/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 06:23:39 -0400 http://www.singaporestar.com/index.php/sid/215266871/scat/ce9cf98a4a863704 Asian stocks ended mostly higher in thin and directionless trading on Tuesday as investors positioned themselves ahead of Fed Chairman Ben Bernanke's press conference tomorrow after the conclusion of a two-day policy meeting. Investors seem to believe that the Fed has no compelling reason to scale back its stimulus measures anytime soon. U.S. housing data due later in the day will provide ... http://www.singaporestar.com/index.php/sid/215265850/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 05:40:13 -0400 http://www.singaporestar.com/index.php/sid/215265850/scat/ce9cf98a4a863704 * Nikkei falls 0.2 pct, Topix up 0.2 pct * Volume lowest since Dec as market focused on Fed outcome * Sony rises after hedge fund ups stake, presses spin-off By Ayai Tomisawa TOKYO, June 18 (Reuters) - Japan's Nikkei average edged down in choppy trade but managed to end above 13,000 on Tuesday, with most players staying on the sidelines as they awaited the outcome of the U.S. Federal ... http://www.singaporestar.com/index.php/sid/215264969/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 03:26:53 -0400 http://www.singaporestar.com/index.php/sid/215264969/scat/ce9cf98a4a863704 (45 mins ago) Stocks in Tokyo lost 0.20 percent ahead of the start of a US Federal Reserve policy meeting as investors look for clues on the future of its massive stimulus drive. The benchmark Nikkei 225 index, which rose 2.73 percent the previous day, closed down 25.84 points to 13,007.28, but the Topix index of all first-section shares rose 0.15 percent, or 1.68 points, to ... http://www.singaporestar.com/index.php/sid/215264754/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 03:11:35 -0400 http://www.singaporestar.com/index.php/sid/215264754/scat/ce9cf98a4a863704 (40 mins ago) Hong Kong stocks slipped 0.64 percent by the end of morning trade as profit-takers moved in after a healthy rally in the previous session. The benchmark Hang Seng Index fell 135.81 points to 21,090.09 on turnover of HK$33.26 ... http://www.singaporestar.com/index.php/sid/215262376/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 01:07:07 -0400 http://www.singaporestar.com/index.php/sid/215262376/scat/ce9cf98a4a863704 Tue Jun 18, 2013 1:05am EDT * HSI -0.6 pct, H-shares -0.9 pct, CSI300 +0.3 pct * 'Big Four' China banks lackluster despite higher state stakes * Losses for China property deepen after home-price data * GCL-Poly, Shenzhou Intl tumble after share deals By Clement Tan HONG KONG, June 18 (Reuters) - Hong Kong shares slipped after two days of gains with investors selling recent outperformers ... http://www.singaporestar.com/index.php/sid/215263393/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 01:05:08 -0400 http://www.singaporestar.com/index.php/sid/215263393/scat/ce9cf98a4a863704 * Gold falls second straight day on stimulus uncertainty * Weak physical demand from India, China -traders * Fed policy meeting begins later on Tuesday (Adds comments on physical demand, updates prices) By A. Ananthalakshmi SINGAPORE, June 18 (Reuters) - Gold fell on Tuesday for a second straight session as muted physical demand weighed on prices, alongside fears of any cut in the U.S. ... http://www.singaporestar.com/index.php/sid/215263064/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 00:54:17 -0400 http://www.singaporestar.com/index.php/sid/215263064/scat/ce9cf98a4a863704 markets are exhibiting a mixed trend with investors mostly treading cautiously despite a positive lead from Wall Street, where stocks posted notable gains overnight on the back of some upbeat economic data. Uncertainty about the U.S. Federal Reserve's stimulus program appears to weighing on sentiment to an extent and prompting traders to tread cautiously.Despite a positive lead from Wall ... http://www.singaporestar.com/index.php/sid/215262155/scat/ce9cf98a4a863704 Tue, 18 Jun 2013 00:04:46 -0400 http://www.singaporestar.com/index.php/sid/215262155/scat/ce9cf98a4a863704 HONG KONG (MarketWatch) -- Most Asian markets retreated Tuesday in choppy trade as investors pondered whether the U.S. Federal Reserve will maintain its monthly bond purchases, with Hong Kong stocks dragged lower by a drop in mainland Chinese property and banking ... http://www.singaporestar.com/index.php/sid/215261562/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 23:59:21 -0400 http://www.singaporestar.com/index.php/sid/215261562/scat/ce9cf98a4a863704 (16 mins ago) Stocks in Tokyo were down 0.70 percent ahead of the start of a US Federal Reserve policy meeting as investors look for clues on the future of its massive stimulus. The benchmark Nikkei 225 index, which advanced 2.73 percent the previous day, was down 91.32 points to 12,941.80 by the break, while the Topix index of all first-section shares slipped 0.29 percent, or 3.14 points, to ... http://www.singaporestar.com/index.php/sid/215261338/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 23:00:54 -0400 http://www.singaporestar.com/index.php/sid/215261338/scat/ce9cf98a4a863704 (1 hr 1 min ago) Stocks in Hong Kong opened 0.74 percent lower as investors awaited a Federal Reserve meeting for clues on whether it will soon start to reel in its massive stimulus spending. The benchmark Hang Seng Index fell 156.54 points to 21,069.36 in the first minutes of trade. In Shanghai shares were up slightly in early trading, lifted by overnight gains in US stocks, dealers said. The ... http://www.singaporestar.com/index.php/sid/215260725/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 23:00:34 -0400 http://www.singaporestar.com/index.php/sid/215260725/scat/ce9cf98a4a863704 Gold futures on the COMEX division of the New York Mercantile Exchange slipped Monday ahead of the Federal Reserve meeting scheduled later this week.The most active gold contract for August delivery dropped 4.5 dollars, or 0.32 percent, to settle at 1,383.1 dollars per ounce.The Federal Open Market Committee (FOMC) is scheduled to conclude a two-day meeting on Wednesday, and Federal Reserve ... http://www.singaporestar.com/index.php/sid/215260526/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 22:08:57 -0400 http://www.singaporestar.com/index.php/sid/215260526/scat/ce9cf98a4a863704 The US stocks jumped roughly 1 percent on Monday to start this week on a strong note after last week's slide, boosted by better-than-expected US economic data and a market rebound across the world.Wall Street opened higher as the June Empire State Manufacturing Survey indicated that conditions for New York manufacturers improved modestly. The general business conditions index also rose to ... http://www.singaporestar.com/index.php/sid/215260527/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 22:08:55 -0400 http://www.singaporestar.com/index.php/sid/215260527/scat/ce9cf98a4a863704 Asian currencies have been battered lately by talk of the U.S. Federal tapering its massive stimulus program and analysts expect the pummeling to continue as other major drivers that led the currencies to appreciate now face pressure. On top of funds flowing out of Asia on worries about the Fed unwinding its asset-purchase program, Citi Research expects sovereign risk ... http://www.singaporestar.com/index.php/sid/215260528/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 22:06:03 -0400 http://www.singaporestar.com/index.php/sid/215260528/scat/ce9cf98a4a863704 (32 mins ago) Stocks in Tokyo opened 0.14 percent lower as the market waited the US central bank's policy meeting starting later in the day for clues on the future of its stimulus program. The benchmark Nikkei 225 index, which rose 2.7 percent the previous day, was down 17.97 points to 13,015.15 at the ... http://www.singaporestar.com/index.php/sid/215260529/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 21:56:44 -0400 http://www.singaporestar.com/index.php/sid/215260529/scat/ce9cf98a4a863704 SINGAPORE, June 18 (Reuters) - Gold was little changed on Tuesday as investors awaited guidance from a Federal Reserve meeting on the outlook for the bank's stimulus programme, amid some strong U.S. economic data. FUNDAMENTALS * Spot gold was near steady, easing $0.40 to $1,383.95 an ounce by 0018 GMT. Bullion fell about 0.5 percent on Monday as U.S. stocks rallied ahead of the Fed ... http://www.singaporestar.com/index.php/sid/215260530/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 21:42:48 -0400 http://www.singaporestar.com/index.php/sid/215260530/scat/ce9cf98a4a863704 * Nikkei and Topix both up 0.6 pct * Sony rises after hedge fund ups stake, presses spin-off By Dominic Lau TOKYO, June 18 (Reuters) - Japan's Nikkei rose on Tuesday, heading for a third straight day of gains, which will mark its longest winning run since a sharp selloff on May 23, underpinned by hopes the Federal Reserve will reinforce its commitment to support the U.S. economy. Sony Corp ... http://www.singaporestar.com/index.php/sid/215259949/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 21:16:54 -0400 http://www.singaporestar.com/index.php/sid/215259949/scat/ce9cf98a4a863704 HONG KONG (MarketWatch) -- Japanese stocks rose Tuesday to stay on course for a third straight day of gains, with the real-estate, insurance and brokerage firms advancing alongside exporters after a strong finish on Wall Street. The Nikkei Stock ... http://www.singaporestar.com/index.php/sid/215259148/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 20:47:07 -0400 http://www.singaporestar.com/index.php/sid/215259148/scat/ce9cf98a4a863704 U.S. markets posted gains Monday, as economic data looked positive in reports not considered particularly major newsmakers. Trading might prove muted for the first half of the week, as investors wait for the results of a two-day meeting of Open Market Committee at the ... http://www.singaporestar.com/index.php/sid/215256771/scat/ce9cf98a4a863704 Mon, 17 Jun 2013 17:28:47 -0400 http://www.singaporestar.com/index.php/sid/215256771/scat/ce9cf98a4a863704