Emerging-Market Stocks Climb, Set for Best Week in Four Months, on China
Emerging-market stocks gained, headed for the best week in four months, after China said it will keep a moderately loose monetary policy and South Korea raised interest rates, boosting confidence in global economic recovery.
Read more on Bloomberg
Asian stocks rise early on Wall Street rally
Asian stock markets rose in early trading Thursday, lifted by an overnight rally on Wall Street as investors took heart from a robust profit forecast from U.S. bank State Street.
Read more on AP via Yahoo! News
Asian Central Banks Behind the Curve
Bank of Korea’s rate increase today is indication that Asian central banks are behind the curve in terms of the interest-rate cycle, and those banks have some catch-up left to do.
Read more on Wall Street Journal Blogs
Asian Markets End Higher On Wall Street Cues
Asian markets ended the trading session Thursday in positive territory with sharp gains, taking cues from Wall Street where the major indices rallied sharply higher on bargain hunting at lower levels. The weakening of the yen against the dollar, and stable unemployment rate in Australia for June also augured well for market sentiment and lifted the major indices at open, primarily due to short …
Read more on RTT News
