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Asia Stocks Rise Most in 2 Years on Bernankes Economic Outlook

Asia Stocks Rise Most in 2 Years on Bernankes Economic Outlook Asian stocks rose the most in two years, mirroring gains in the U.S., after Federal Reserve Chairman Ben S. Bernanke said the worlds largest economy can withstand rising energy costs. Honda Motor Co., Samsung Electronics Co. and Infosys Technologies Ltd. advanced after gauges of manufacturing in the U.S., Asias biggest export market, exceeded expectations. Its a good chance to buy, said Takashi Kamiya, who oversees $16 billion as chief strategist T&D Asset Management Co. in Tokyo. Concerns about inflation may have been a bit overblown and the economic indicators

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,

STOCKS NEWS ASIA-Tokyo down as U.S. cools, others firmer

STOCKS NEWS ASIA-Tokyo down as U.S. cools, others firmer Fresh evidence of a slowing U.S. economy weighed on Tokyo shares on Friday but Seoul and Sydney stocks rebounded from the weeks falls as investors bought recent losers such as retailer Coles Myer (CML.AX: Quote, Profile, Research). Data on Thursday showed sales of new U.S. homes and orders for durable goods both fell more than expected in July, a day after a report showed weakness in existing home sales. Oil rose to 1- week highs above $73 a barrel as the market kept a wary eye on a tropical depression that could

Tokyo stocks decline before BoJ; elsewhere mixed

Tokyo stocks decline before BoJ; elsewhere mixed Asian shares ended mixed to lower Tuesday as investors bowed out of equities amid growing apprehension about interest rates before a two-day Bank of Japan rate meeting that starts on Thursday. The Nikkei 225 Average (JP:1804610: news, chart, profile) ended down 0.5% at 15,473.82. Industrials lost ground, while technology issues climbed back from sharp loses at the start. Analysts said the Nikkeis sharp gains in the previous session set the stage for profit taking as traders were unwilling to make big bets ahead of the central bank meeting. The broader Topix index of Tokyo-listed shares

Markets dragged down by tech stocks

Markets dragged down by tech stocks Asian technology stocks , such as South Koreas Samsung Electronics, fell on Tuesday in line with their U.S. peers as earnings worries grew after a profit warning from U.S. data storage equipment maker EMC Corp. (EMC.N: Quote, Profile, Research). A drop in oil prices also weighed on energy stocks such as Australias Woodside Petroleum (WPL.AX: Quote, Profile, Research). U.S. crude was at $73.45 in early Asian trade, down from the record peak of $75.78 set on Friday. By 0020 GMT, Tokyos Nikkei average < .N225> had lost 0.61 percent, due partly to falls of