BANGKOK, Thailand (AP) — Asian stock markets climbed Monday after China moved to boost its economy by freeing up bank lending and hopes grew that Greece will clinch the aid its needs to avoid bankruptcy. Oil prices jumped to a nine-month high near $105 a barrel after Iran said it halted crude exports to Britain and France in an escalation …
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Asia Stocks Equal Record Win Streak as China Pledges Help on Europe Crisis
Asian stocks rose this week, with the MSCI Asia Pacific Index equaling its longest streak of advances, as China pledged to do more to help Europe cope with the debt crisis and Japanboosted asset purchases. Cosco Pacific Ltd. (1199), the Hong Kong-listed operator of Greece’s Piraeus port, climbed 4.1 percent. Chipmakers outside Japan rallied after debt-laden Elpida Memory Inc. said it may not survive. Reliance …
Read More »China Life, Edion, Korea Gas, Woori Finance: Asia Stocks Preview
Feb. 16 (Bloomberg) — The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise. Bridgestone Corp. (5108 JT): The world’s biggest tiremaker by market value expects net income to surge 63 …
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