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Asian shares rise but US fiscal concerns linger

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Currency traders look at the computer monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), right, at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Dec. 27, 2012. Most of Asian markets rose Thursday on optimism a new Japanese government will stimulate its sluggish economy.  AP PHOTO/LEE JIN-MAN

Asian shares rose Thursday, with Tokyo scaling a 21-month high thanks to a weaker yen, but pessimism lingered over the prospects of a US “fiscal cliff” deal by the yearend deadline.

Posted: December 27th, 2012 in Latest Business Stories | Read More »

Asian markets lower, euro resilient on ECB hopes

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A man gestures in front of a securities firm's electronic stock board in Tokyo on Aug. 16, 2012. Tokyo fell 0.27 percent to 9,131.74 on Wednesday, Aug. 22, 2012, in tandem with other Asian markets. AP PHOTO/SHIZUO KAMBAYASHI

Asian shares slipped Wednesday but the euro held onto recent gains amid hopes of European Central Bank action to rein in surging eurozone borrowing costs and ahead of talks on debt-ridden Greece.

Posted: August 22nd, 2012 in Latest Business Stories | Read More »

Asian markets higher despite eurozone uncertainty

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A man quenches thirst as he looks at an electronic stock board of a securities firm in Tokyo in this file photo. Tokyo's Nikkei index edged down 0.16 on Tuesday, Aug. 21, 2012, even as most of Asian shares rose higher, shrugging off uncertainty over the eurozone debt crisis after Germany and the European Central Bank dampened hopes for action to drive down borrowing costs.  AP PHOTO/KOJI SASAHARA

Asian shares were mostly higher on Tuesday, shrugging off uncertainty over the eurozone debt crisis after Germany and the European Central Bank dampened hopes for action to drive down borrowing costs.

Posted: August 22nd, 2012 in Latest Business Stories | Read More »

Asian markets lower, weaker yen buoys Tokyo

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A man gestures in front of a securities firm's electronic stock board in Tokyo on Aug. 16, 2012. Asian markets edged lower in subdued holiday trade Monday, Aug. 20, 2012, with Tokyo stocks buoyed by a weaker yen amid dimming chances of fresh stimulus measures by the US Federal Reserve.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets edged lower in subdued holiday trade Monday with Tokyo stocks buoyed by a weaker yen amid dimming chances of fresh stimulus measures by the US Federal Reserve.

Posted: August 20th, 2012 in Latest Business Stories | Read More »

Asian markets mixed, China data gives lift

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An investor gestures in front of the stock price monitor at a private securities company Tuesday, July 24, 2012, in Shanghai, China. Asian stock markets mostly dropped Tuesday despite a sign China's manufacturing is beginning to recover as the possibility of a credit rating downgrade for Germany added to jitters over Europe's debt turmoil.  AP PHOTO

Asian markets were mixed on Tuesday after a sell-off the previous day, with Europe’s debt woes casting a shadow but relief provided by news of Chinese manufacturing activity hitting a five-month high.

Posted: July 25th, 2012 in Latest Business Stories,Photos & Videos | Read More »

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