Taiex Index May Drop as Trading Resumes After Typhoon Shutdown
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Taiwan&#39;s stock market, the fifth- biggest in Asia, reopens this morning after a two-day shutdown caused by Typhoon Aere. The benchmark Taiex may drop on infrastructure damage, lost production
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Asian stock markets closed lower on Tuesday, as concerns over the outlook for the US ahead of a slew of bank earnings and trumped initial technology-driven gains on better-than-expected results from companies including IBM, Samsung and LG Philips.
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TORONTO (CP) - Global indicators were mostly positive early Friday for the Toronto Stock Exchange, which will shut down at 1 pm ET while US markets take the full day off for a Christmas break.
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Japanese stocks opened lower on Tuesday  following a decline in U.S. stocks, with technology issues  leading the decline after chip maker Elpida Memory Inc. cut its  profit outlook for the year.  The Nikkei average lost 0.25 percent to 11,261.62 by 1901 EST  and the broader TOPIX index was down 0.15 percent at 1,137.42.
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Asian markets plunged Wednesday on growing speculation the U.S. economy Â a vital export market Â is sliding into a recession that could lead to a global slowdown.
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Stocks in Asia resumed their decline on Monday, led by banks like Japan's Mizuho, while the dollar hovered near a 3-year low against the yen after a proposed U.S. stimulus package did little to soothe fears the world's top economy will tip into a recession.
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U.S. stocks may fall at the market's  open on Wednesday after crude oil pushed to a fresh high  overnight and Google Inc. slashed its initial public offering  price, which appeared to dampen investor sentiment.
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Singapore - Crude oil futures fell on Monday in muted Asian trade with players hoping for a fresh lead when the US market reopens later after a four-day closure, dealers said.
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Asian stocks edged lower in Monday trade, led by airlines and other travel related firms, as investors reacted to a devastating earthquake and tsunami that killed thousands of people across parts of South and Southeast Asia.
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Technology stocks led Asian shares  lower on Tuesday as investors reacted to evidence that Japan's  recovery was slowing and analysts cited risks in the outlook  for tech bellwether Intel Corp.
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Taiwan&#39;s financial markets and most businesses in the capital Taipei are closed for the day as Typhoon Aere approaches with torrential rain and winds of up to 165 kilometers (102 miles) an hour.
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Tokyo's main stock index ended lower Friday amid profit-taking of technology issues and concerns about soaring oil prices. The U.S. dollar was down against the Japanese yen.
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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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Stocks in Asia resumed their decline  on Monday, led by banks like Japan's Mizuho, while the dollar  hovered near a 3-year low against the yen after a proposed U.S.  stimulus package did little to soothe fears the world's top  economy will tip into a recession.
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Japan's financial markets were closed Tuesday for a national holiday. Markets will reopen on Wednesday.
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Asian stocks and currencies fell on Monday after tsunami waves triggered by the world&#39;s worst earthquake in 40 years killed nearly 15,000 people and wreaked havoc on tourist beaches.
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Most markets in Asia were down between 2 and 3 percent today, their biggest drops since the sell-off two weeks ago.