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Asia: Stocks wallow at 2-week low

Asia: Stocks wallow at 2-week low Asian stocks fell to a two- week low on Thursday, led by electronics companies like Canon and Hon Hai Precision Industry, after brokerage firms cut sales estimates for Dell and Apple Computer. Technology demand is not really flying at the moment, said Khiem Do at Baring Asset Management in Hong Kong. One has to be quite selective at this stage because there are no real new killer products to fire the imaginations of tech analysts. The Morgan Stanley Capital International Asia-Pacific index fell 0.93 points to 124.49, its lowest level since June

STOCKS NEWS ASIA-Markets mixed, commodity stocks shine

STOCKS NEWS ASIA-Markets mixed, commodity stocks shine Asian stock markets were mixed on Tuesday but commodity companies such as global miner BHP Billiton (BHP.AX: Quote, Profile, Research) and energy developer INPEX Holdings (1605.T: Quote, Profile, Research) rose on the back of a surge in metals and oil prices. Copper and zinc set record highs and U.S. crude rallied 2 percent towards $69 a barrel on Monday, while gold jumped above $600 an ounce to levels last seen in December 1980. Oil was at $68.68 in early Asian trade. By 0025 GMT, Tokyo stocks < .N225> were flat, up 0.01 percent,

Autos drive European shares down

Autos drive European shares down European shares ended lower on Friday but U.S. data showing strong economic growth and softer inflation helped the market pare losses from car and technology stocks after disappointing earnings. A below-forecast profit rise pounded Volkswagen shares 5.4 percent lower, dragging down the sector, while a lower-than-expected profit and forecasts from tech bellwether Microsoft hit European peers such as SAP. But pharmaceutical stocks shone for a second session as a panel of European experts backed the use of Sanofi-Aventiss anti-obesity pill Acomplia, the French groups biggest new drug hope, while GlaxoSmithKline basked in broker upgrades a day after the

GLOBAL MARKETS-Metals boost mining stocks; Asia chip shrs gain

GLOBAL MARKETS-Metals boost mining stocks; Asia chip shrs gain Soaring commodities prices lifted mining stocks such as BHP Billiton (BHP.AX: Quote, Profile, Research), pushing Australia's main index to a record on Friday, and most other Asian share markets rose on gains in technology stocks. Gold matched a 25-year-high above $588 an ounce and platinum hit a record high as fund managers poured money into precious metals, while copper and zinc stayed close to new peaks reached on Thursday. "Fund operators are shifting back into metals ahead of the new quarter," said Koji Suzuki, market analyst at Livedoor Commodity Ltd. in Japan.

Markets down after N.Korea launches missiles

Markets down after N.Korea launches missiles Asian stocks fell on Wednesday, with Seoul shares sliding as much as 2 percent after news North Korea had launched a number of missiles rattled investors and fired up political tension in the region. A lack of direction from Wall Street, which was shut on Tuesday for the Independence Day holiday, also contributed to the softer tone. U.S. stocks will resume trade on Wednesday. At 0015 GMT, Tokyo stocks < .N225> had dropped 0.83 percent as industrial robot maker Fanuc (6954.T: Quote, Profile, Research), Internet conglomerate Softbank (9984.T: Quote, Profile, Research) and Honda Motor (7267.T: