Hang Seng – News Stories About Hang Seng - Page 2

Oct 14, 2008 1:59 AM CDT

Nikkei Up 14% in Record Rally

Bank support plans boost Japan's index to biggest gain in its history

(Newser) - The Nikkei surged over 14% on the news that the US and Europe will buy up stakes in troubled banks, Bloomberg reports. The index's biggest gain in history follows its biggest loss in its history last week. Japan's markets were closed for a holiday yesterday when global indexes soared. Hong...

World Markets Tumble

UPDATE

Oct 8, 2008 2:40 AM CDT

World Markets Tumble

Biggest drop in over 20 years, Brit bailout fails to stop FTSE dive

(Newser) - Fears of a global recession sent markets plummeting around the world today, Bloomberg reports. Japan's Nikkei index nosedived 9.4%—its biggest fall since the stock market crash of 1987. Indonesia and Russia halted trading after their benchmark index dove 10%. Of 100 companies listed in Britain's FTSE 99 fell...

Asian Markets Plunge

Sep 16, 2008 3:25 AM CDT

Asian Markets Plunge

US financial turmoil sparks regional selling frenzy

(Newser) - Asia's markets took a huge hit today amid fears of a US financial meltdown, the Wall Street Journal reports. Markets in Hong Kong, Japan, and South Korea were spared from the global plunge yesterday due to a public holiday—but the respite proved to be short-lived. Japan and Hong Kong's...

Tokyo Recovers,
Shanghai Falls Again

MARKETS

Mar 18, 2008 3:30 AM CDT

Tokyo Recovers, Shanghai Falls Again

Bargain-hunting traders shore up Nikkei after big falls

(Newser) - Markets in Tokyo had an up day, recovering some of yesterday's major losses as investors speculated that Japan will stand firm in the face of an economic slowdown. Insurers led the gains on the Nikkei, which rose 1.5%. Other Asian bourses also did well Tuesday, but China was an...

Dollar Nosedives,
Global Markets Tumble

UPDATED

Mar 17, 2008 3:55 AM CDT

Dollar Nosedives, Global Markets Tumble

Greenback falls to record lows after Bear buyout, rate cut

(Newser) - The dollar took a pummeling and equity markets in Europe and Asia slumped as worried investors reacted to the Bear Stearns fire sale and the Fed's emergency rate cut. The dollar dropped to a shocking 95 yen, hit an all-time low of $1.59 against the euro, and remained below...

Asian Markets Rebound

Jan 23, 2008 5:14 AM CST

Asian Markets Rebound

Fed rate cut sees markets stage modest recovery

(Newser) - Asian markets bounced back modestly this morning after two days of precipitous drops. Hong Kong's Hang Seng index jumped 10.72%, Japan's Nikkei average rose 2%, and the Topix index was up 2.5%. Sydney's index closed 4.4% higher, breaking a 12-day downturn, and India's Sensitive index saw its...

Asian Stocks Continue Plunge

UPDATED

Jan 22, 2008 3:25 AM CST

Asian Stocks Continue Plunge

Stocks tumble for second straight day

(Newser) - Jitters over the US economy led to a major sell-off in Asian markets for the second straight day, with Australia's benchmark index closing down 7.1%—the biggest single-day loss in nearly 20 years. India's Sensex index skidded 10%, triggering a shutdown, but rallied to close down 4.6%. Japan's...

Asian Markets Soar After
Fed's Rate Cut

Aug 20, 2007 1:00 AM CDT

Asian Markets Soar After Fed's Rate Cut

Stocks see biggest jump in 5 years as panic gives way to optimism

(Newser) - The global equities sell-off ground to a halt today as Asian stocks had their biggest gains in five years. Responding to Friday’s cut in the US Federal Reserve’s discount rate, Japan’s Nikkei 225, Hong Kong's Hang Seng and South Korea's Kospi indexes all saw huge gains as...

Chinese Markets Surge to
Record High

Aug 3, 2007 12:15 PM CDT

Chinese Markets Surge to Record High

Investors fight off anxiety over US subprime woes

(Newser) - China’s securities markets recovered from Wednesday’s Pan-Asian slump and then some, surging to their third new record this week in today's trading. The Shanghai Composite Index climbed 3.5% and the Shenzhen gained 2.3% after the codependent Nikkei and Hang Seng tumbled Wednesday on concerns about the...

Dow Surges After Asian Bleeding, Roller-Coaster Day

Aug 1, 2007 4:06 PM CDT

Dow Surges After Asian Bleeding, Roller-Coaster Day

(Newser) - Wall Street is dizzy after mixed signals threw traders into buy mode despite an abundance of bearish indicators today, making for one of the most volatile days in weeks. The Dow finished up 150.38 points at 13362.37, even after Asian markets plummeted across the board last night, a...