Commercial Banking

Australian Market Report of December 4: Flat Leads from Overseas

🕔12/4/2009 1:00:56 PM

US shares fell on Thursday as the services sector index declined unexpectedly in November. The contraction also hurt sentiment ahead of the release of unemployment figure.

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Australian Market Report of December 2: Turn to Riskier Assets

🕔12/2/2009 1:00:37 PM

US stocks Wednesday climbed to near the peak of the year after Dubai's debt restructuring plan. The market was also supported by the optimism about the upcoming holiday shopping season while retailers Staples and Guess saw positive earnings in third quarter and provided guidance above market expectations.

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Asian Markets Overview of December 1

🕔12/1/2009 3:48:51 PM

Asian shares were mostly steady on Tuesday after significant rebounds in the previous trading session. Yesterday the Dow index concluded the last trading day of November in positive territory. It was its fifth consecutive monthly gain, despite a bad news from Dubai.

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Asian Markets Overview of November 30

🕔11/30/2009 5:05:40 PM

Asian stock markets mostly jumped on Monday. Financial stocks were rebounding in Australia, Korea and Japan on hopes the extent of the impact of the Dubai crisis would be limited. The United Arab Emirates central bank said Sunday it "stands behind" local lenders.

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Australian Market Report of November 30: Markets Strongly Rebounded

🕔11/30/2009 1:00:07 PM

Dow Jones Industrial Average Friday retreated about 1.5 per cent on concerns over the problem of Dubai World. But European shares reversed earlier sharp losses due to some bargain hunting buying.

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Asian Markets Overview of November 26

🕔11/26/2009 4:38:44 PM

Asian stocks markets broadly dropped on Thursday despite Wall Street posted a solid gain overnight. Tokyo shares opened lower as the stronger yen continued to dampen investors' sentiment. In Hong Kong market, China Minsheng Banking Corp failed to lift the Hang Seng Index in its debut. Shanghai and Seoul shares also declined as their Asian peers.

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Asian Markets Overview of November 24

🕔11/24/2009 3:46:35 PM

Asian markets mostly opened higher this morning, but reversed early gains after profit taking selling. Tokyo market fell in a choppy trade despite a positive support from Wall Street. This is largely due to a stronger yen and worries over some corporate financing plans. Korean market was down as foreign investors continued to offload Seoul stocks.

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