Stock Markets

Tokyo stocks fall on Wall Street overnight losses

Tokyo stocks fall on Wall Street overnight losses Tokyo - Tokyo stocks fell in Tuesday morning trading after the US market declined overnight on grim earnings outlooks and the yen's advance against other currencies.

The Nikkei 225 Stock Average lost 299.98 points, or 3.3 per cent, to 8,781.45.

The broader Topix index of all first-section issues also fell 24.34 points, or 2.66 per cent, to 892.31.

Goldman Sachs Group Inc, technology giant Google Inc and automaker General Motors Corp all suffered downgraded outlooks the day before.

Australian stocks wilt on Wall Street worries

Australian stocks wilt on Wall Street worriesSydney - A fa

US stocks fall on earnings fears despite China stimulus

US stocks fall on earnings fears despite China stimulus New York  - US stock indices posted losses Monday after fresh earnings concerns arose for some of the country's top companies, outweighing a 588-billion-dollar Chinese economic stimulus package that had spurred gains on other stock exchanges around the world.

Goldman Sachs Group Inc, technology giant Google Inc and automaker General Motors Corp all suffered downgraded outlooks. Goldman, despite having weathered the financial storm better than other major US investment banks, may post its first quarterly loss since going public nine years ago, according to Barclays Plc.

All eyes on bank stocks in Baltic bourses

All eyes on bank stocks in Baltic boursesRiga - The general slide in Baltic stock prices continued Monday with the Baltic Benchmark Index (BBI), which includes data from the three exchanges in Tallinn, Riga and Vilnius, closing 1.91 per cent down at 279.61.

The NASDAQ OMX Tallinn exchange in Estonia was down 2.83 per cent, the Vilnius exchange in Lithuania was down 1.29 per cent and the Riga exchange in Latvia unexpectedly managed to scrabble into positive territory with a 1.17 per cent rise.

The biggest loser of the day was Lithuanian agriculture giant Agrowill, down more than 12 per cent.

Asian stocks rally after China announces stimulus package

Tokyo - Asian stock markets staged strong rallies Monday, with Japan's key Nikkei 225 Stock Average closing above the 9,000-point threshold, following the announcement of an economic stimulus packa

Shanghai shares jump 7 per cent on economic package

Shanghai shares jump 7 per cent on economic package Beijing  - Shares on China's main stock market jumped by more than 7 per cent on Monday after the government announced a major package of measures to stimulate domestic demand and buffer the economy against the effects of the global financial crisis.

The key Shanghai Composite Index, which measures shares traded in local and foreign currencies, gained 127.09 points, or 7.27 per cent, to end the day at 1,874.80 points.

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