Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 25 October 2012 [View all]xchrom
(108,903 posts)15. ASIA STOCKS RISE ON CONTINUED OPTIMISM OVER CHINA
http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-10-25-01-00-40
BANGKOK (AP) -- Asian stock markets mostly rose Thursday as investors kept their sights on a possible improvement in China's economy.
A key survey of Chinese manufacturing activity rose to a three-month high in October, easing concerns that China might experience an abrupt economic "hard landing" rather than a gradual slowdown. The survey, released Wednesday, showed that industrial production continues to shrink, but not as sharply as in the past.
"There are positive signs pointing to further gains ahead, with new orders improving and manufacturers finally reporting that they are running down inventories of unsold goods," analysts at Capital Economics said in a market commentary.
Japan's Nikkei 225 index rose 0.4 percent to 8,986.24. South Korea's Kospi dipped 0.1 percent at 1,911.94. Australia's S&P/ASX 200 gained 0.2 percent to 4,512.80. Benchmarks in Singapore, and the Philippines also rose.
BANGKOK (AP) -- Asian stock markets mostly rose Thursday as investors kept their sights on a possible improvement in China's economy.
A key survey of Chinese manufacturing activity rose to a three-month high in October, easing concerns that China might experience an abrupt economic "hard landing" rather than a gradual slowdown. The survey, released Wednesday, showed that industrial production continues to shrink, but not as sharply as in the past.
"There are positive signs pointing to further gains ahead, with new orders improving and manufacturers finally reporting that they are running down inventories of unsold goods," analysts at Capital Economics said in a market commentary.
Japan's Nikkei 225 index rose 0.4 percent to 8,986.24. South Korea's Kospi dipped 0.1 percent at 1,911.94. Australia's S&P/ASX 200 gained 0.2 percent to 4,512.80. Benchmarks in Singapore, and the Philippines also rose.
Edit history
Please sign in to view edit histories.
57 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Private Insurers Have Cost Medicare $282.6 Billion in Excess Payments Since 1985
Demeter
Oct 2012
#4
Obama Can Smoke Out Mitt: Call for Breaking Up the Biggest Banks, and Resurrecting Glass-Steagall
Demeter
Oct 2012
#5
This stealing has been going on for so long, hasn't everything been stolen?!!
DemReadingDU
Oct 2012
#29