Rise in Oil Prices Dents Asian Stocks
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Asian stocks fell more than 2 percent on Wednesday as oil prices topped $100 a barrel, rekindling inlfation fears.
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Technology stocks led Asian share  markets lower on Friday after a retreat by their U.S. peers,  with investors cautious amid record-breaking oil prices and  ahead of U.S. jobs data later in the day.
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MUMBAI: Asian markets were up in early trades on Friday. While Tokyo Nikkei gained 119.90 points at 10966.22, Hong Kong&#39;s Hang Seng index was up 147.
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Asian shares shrugged off record oil  prices on Wednesday to hit five-month highs as key technology  issues cheered resilience in their U.S. peers, but concern  about the impact of high energy costs on firms' profits capped  gains.
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Asian stocks rose, led by PetroChina Co., after crude oil climbed to a four-week high and comments by Vice Premier Huang Ju increased speculation that China won&#39;t adopt new measures to slow the economy.
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Asian stocks rose on Thursday, with  an index of shares outside Japan at record levels for a second  successive day, as strong earnings from U.S. computer maker  Dell boosted shares in technology suppliers.
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Asian stocks hit a fresh all-time high on Monday, thanks to gains in energy shares such as INPEX Holdings as oil prices pushed deeper into record territory above $92 a barrel in early Asian session.
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Oil prices were little changed on Monday as investors focused on Asian stock market gains, setting aside for now worries of a potential U.S. economic recession that had knocked prices 3 percent lower late last week.
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Technology stocks led Asian share  markets lower Friday after a retreat by their U.S. peers, with  investors cautious amid record-breaking oil prices and ahead of  U.S. jobs data later in the day.
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Oil prices held steady above $46 and  most Asian stock markets edged higher on Monday, but Japanese  pharmaceutical shares fell after U.S. drug maker Pfizer  reported safety risks for its Celebrex arthritis drug.
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Asian stocks mostly rose on Monday,  as steel makers such as POSCO gained on the prospect of global  industry consolidation, but Japan&#039;s Nikkei closed lower amid  jitters ahead of industrial output data.
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As oil prices keep setting new record highs, there are growing concerns that Asia's energy-hungry economies can no longer continue absorbing the impact with crude creeping toward 60 dollars a barrel.
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Asian stocks were mostly higher  Monday, led by selected technology and metals firms, while oil  extended gains and the dollar edged up ahead of an expected  U.S. Federal Reserve interest rate rise Tuesday.
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Oil prices held steady above &#36;46 and most Asian stock markets edged higher on Monday, but Japanese pharmaceutical shares fell after U.S. drug maker Pfizer reported safety risks for its Celebrex arthritis drug.
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Asian investors took advantage of a pause in climbing oil prices on Thursday to buy beaten-down technology stocks, autos and other exporters, snapping a nine-session losing streak by Japan's key stock index.
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Exporters led a fall in Asian shares on Monday as oil prices set new highs near &#36;47 and data showing the U.S. trade deficit widened to a record raised fresh concern about the health of the world's largest economy.
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Asian share markets were trapped in  narrow ranges on Tuesday as higher oil prices and a sales  warning by chip maker Advanced Micro Devices offset upbeat U.S.  economic and corporate news.