Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Asian markets fall after US, Europe declines

Asian markets fell on Tuesday, Wall Street and European down, because the market worried about Spain and Italy's political future.
Oil prices, because the ability of tension, the European governments to maintain financial stability.
Area heavyweight, Japan's nikkei 225 index fell 1.5% to 11096.04. China's Shanghai composite index fell 0.4% to 2417.86, while Hong Kong's hang seng index fell 1.6% to 23310.60. Australia's S&P/ASX 200 index fell 0.5%, to 4882.70.
"Note will prevail in the short term, calyon bank in a report said:".
India's Sensex index fell 0.2% to 19714830 points. In Singapore, Taiwan, Indonesia and Thailand's benchmark also declined. The Philippines and Malaysia rise.
In China, the economy is crippled the deepest recession since the global financial crisis in 2008, but optimism exercise for, trade and investment is abate, economic recovery may be under threat warning.
An enterprise group, China federation of logistics &purchasing said, the service activity index rose to 56.2 in January from December 56.1. Measure of new orders decline, "the power of the suspect in the service industry's recovery, nomura securities economist said:" ZhiWei zhang in a report.
In Hong Kong, China petrochemical fell 4.3%, China's state-owned petroleum enterprises, Asia's largest refiner said, this is raised $3.1 billion through the match.
For European debt concerns to ease, but in Italy this month the upcoming election corruption scandals in Spain renewed their financial situation concerns.
European main index - British rich when 100, German DAX index and French CAC - - all fell on Monday. Milan main point in August suffered its biggest one-day fall since.
Jitter "emphasize the past few months, the European leaders have been said - they are not completely out of the predicament, the first choice of IG Markets in Australia in a report said:" market analyst evan Lucas.
In the United States, the three biggest fall index suffering, so far this year.
The dow Jones industrial average index fell less than 1%. Standard &poor's 500 index dropped 1.2% and the nasdaq composite index fell 1.5%. Then a cold said Friday that the push for more than 14000 for the first time since 2007.
In electronic trading on the New York mercantile exchange for delivery in March benchmark crude oil fell 10 cents to $96.07 a barrel. This contract fell $1.60, to close at $96.17 a barrel, the New York mercantile exchange (Monday).
The yen has been declining, in the past few weeks, because the new government focus on a moribund economy. As part of the driver, it has asked the bank of Japan to do more, this may mean that the expansion of the money supply.
In the currency markets, the dollar rose to 92.42 from 92.38 yen yen Monday night in New York, the euro fell to $1.3485 to $1.3520.



Other News:
Asian markets fall after US, Europe declines
SKorean cabin crew fight skirt-only dress code
Pennsylvania names special prosecutor to review Sandusky scandal
Pakistani girl shot by Taliban doing well after surgery: doctors
Police: Suicide bombing at US Embassy, 2 dead
Stock market has worst day this year; Dow off 129
Iran hedges on nuclear talks with six powers or U.S.
Ala. town mourns for bus driver amid standoff