asian markets

Save Money on Spices at the International Grocery

Last week, we compared the prices of staple foods at mainstream chain supermarkets and small international groceries, and the small independents frequently had the better deals. But where those little markets really shine is on their prices for spices.

Nikkei Slips as Goldman Slashes Japan's Growth Forecast

Japan's market took yet another beating today when Goldman Sachs lowered its growth forecast for the country's annual gross domestic product. Goldman had previously estimated growth of 1.3%, but has dropped that number down to 0.7% in light of the recent disasters and a slowdown across the country as power cuts and rolling black outs hamper business of all kinds.

Record Amounts of Cash Flow Into Japanese Stocks

Debates are raging over whether Japan needs charitable financial help to recover, but one way money has been flowing into the country is in the form of foreign purchases of Japanese stocks as investors snap up hammered shares.

Japanese Shares Jittery as More Earthquakes Rumble

More bad news in Japan sparked profit taking today. Radioactive iodine has seeped into Tokyo's drinking water and new reports show that the surrounding seawater is also radioactive, which could lead to a ban on seafood if it doesn't dissipate. Today another series of earthquakes rocked Japan, including a 6.6 magnitude tremble.

Asian Markets Follow Oil Prices Higher

Markets in Hong Kong and China climbed Monday. Hong Kong's Hang Seng Index rose 1.7% to 22,685 and China's Shanghai Composite Index inched up 0.1% to end the day at 2,909. Japanese markets were closed today, taking a much-needed break to honor the vernal equinox marking the beginning of spring.

G-7 Pledges to Restrain Japanese Yen

Japan's Nikkei 225 Index advanced 2.7% on Friday, ending a turbulent week at 9,207. In Hong Kong the Hang Seng Index inched up 0.1% to 22,300 and in China the Shanghai Composite Index rose 0.3% to close at 2,907.

Japan's Nikkei Pares Losses as Factories Reopen

Japan's markets got a slight reprieve today as the yen slipped a bit after hitting a record high yesterday. While the lower value helped exporters recover from severe losses earlier in the trading session, the country has a long way to go before confidence in its economy's resilience is restored.

Japanese Market Nosedives in Quake Aftermath

Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan's worst disaster since 1945. The Nikkei 225 Index plunged 6.2%. In Hong Kong the Hang Seng Index gained 0.4% and China's Shanghai Composite Index inched up 0.1%.

Asian Markets Plunge on 8.8 Earthquake in Japan

Japan suffered a massive 8.8 earthquake Friday, the strongest to occur in the past century, sending Asian stock markets tumbling. In Japan the Nikkei 225 Index spiraled down 1.7% and in Hong Kong the Hang Seng Index dropped 1.6%. China's Shanghai Composite Index lost 0.8%.

Asian Markets Rise as Japanese Machinery Orders Ramp Up

Asian markets rose Wednesday on news that Japan's economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Kong the Hang Seng Index edged up 0.4% and China's Shanghai Composite Index added 0.1%.

Chinese Reserve Ratios Escape Recent Hike, Asian Markets Rise

Investors in Asia were quick to react to a report that China has canceled its last round of reserve ratio hikes, sending markets up on Tuesday. The Hang Seng rose 1.7% in Hong Kong, the Shanghai Composite inched up 0.1%, and in Japan the Nikkei 225 Index gained 0.2%.

U.S. Employment Figures Buoy Nikkei, Buffett's BYD Boosts Hang Seng

A slight slip in the price of oil allowed Japanese investors to focus attention on positive employment figures out of the U.S., boosting the Nikkei 225 Index by 0.9%. In Hong Kong the Hang Seng also Index added 0.3%, while the Shanghai Composite Index edged down 0.4%.

Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company's announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% and in Japan the Nikkei 225 Index added 0.9%.

Rising Chinese Property Prices Carry Hang Seng Higher

Chinese policy makers are scratching their heads after a raft of measures meant to cool the country's red-hot real estate market seem to have done little to accomplish their aim. Rising property shares sent Hong Kong's Hang Seng Index up 1.3% Friday, while China's Shanghai Composite Index fell 0.9%, and in Japan the Nikkei 225 Index inched up 0.1%.

Higher Oil Prices Send Asian Shares Up

Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong's Hang Seng Index climbed 1.1% and China's Shanghai Composite Index advanced 0.9%. In Japan the Nikkei 225 Index edged up 0.6%.

Asian Markets Jittery as China's CPI Rises Again

China's National Bureau of Statistics reported that the country's consumer price index rose 4.9% in January. Hong Kong's Hang Seng Index fell 1% and in China the Shanghai Composite Index remained virtually unchanged. Japan's Nikkei 225 Index inched up 0.2%.

China Now World's No. 2 Economy, Shares Surge

Investors piled into Chinese stocks after news broke that China's GDP surpassed Japan's for 2010, making the People's Republic the world's second largest economy after the U.S. The Shanghai Composite climbed 2.5% and in Hong Kong the Hang Seng gained 1.3%. In Japan the Nikkei 225 Index advanced 1.1%.

Nikkei Continues to Rise on Positive Earnings and Hope for the U.S.

Positive earnings outlooks among some of Japan's major companies continued to boost investor sentiment. Japan's Nikkei 225 Index added 0.4% to close at 10,636. Hong Kong's Hang Seng slid 0.3% to end the day at 23,484. Markets in China remained closed for Chinese New Year.

Nikkei Surges on Steel Merger Plans and Impressive Earnings

Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed for the Lunar New Year.

Egyptian Unrest Sends Oil Prices and Asian Markets Higher

Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong's Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan's Nikkei 225 Index edged up 0.4%.

Asian Markets Suffer as Egypt Crisis Worries Investors

Continuing unrest in Egypt sent shock waves through stock markets as far away as Japan, where the Nikkei 225 Index fell 1.2%. Hong Kong's Hang Seng Index also dropped 0.7%. In China the Shanghai Composite Index climbed 1.4%.