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Business News > Mint Authors > Danny Mccord

Danny Mccord

Mint Author

ARTICLES BY DANNY MCCORD

The PMI figures from HSBC added to an upbeat morning for the region, which was already in positive territory after another record close on Wall Street. Photo: AFP

Asia shares mixed after upbeat China manufacturing data

3 min read . 23 Jun 2014

Seoul slides 0.23%, Sydney loses 0.89%, Shanghai rises 0.84%, while Hong Kong adds 1.45%. Photo: AFP

Asian shares mixed ahead of key data

3 min read . 29 Apr 2014

The euro maintained its momentum after a pick-up on Thursday fuelled by a healthy consumer confidence reading from Germany. Photo: Reuters

Asian shares mostly lower, eyes on Ukraine crisis

2 min read . 26 Apr 2014

Shanghai lost 1.40%, or 29.94 points, to 2,101.60 while Hong Kong tumbled 1.60%, or 367.54 points, to 22,671.26. Photo: Reuters

Asian shares mixed after Wall St. bounce

3 min read . 15 Apr 2014

Investors are also awaiting the release this week of first-quarter growth data from China, with analysts tipping a further slowdown in the world’s number two economy. Photo: AFP

Asian shares mixed after fresh Wall St losses

3 min read . 14 Apr 2014

The dollar struggled to regain losses suffered against the yen at the end of last week. Photo: Reuters

Asian shares slip after Wall Street sell-off

2 min read . 07 Apr 2014

Janet Yellen’s comments provided the platform for a record close on Wall Street, while forex traders sold the dollar on the possibility that the bank’s bond-buying could continue for longer. Photo: Reuters

Asian shares mixed after upbeat Yellen testimony

3 min read . 28 Feb 2014

Traders were also spooked by a warning from treasury secretary Jacob Lew, who warned that the US borrowing limit will be reached on Friday, renewing fears of a Washington stand-off and possible default. Photo: AFP

Asian shares follow Wall Street down after poor US data

4 min read . 04 Feb 2014

Adding to the downbeat outlook was official data from China pointing to a slowdown in manufacturing activity in the world’s number two economy and key driver of global growth. Photo: AFP

Asian shares extend losses, China data disappoints

3 min read . 03 Feb 2014

Traders fear strong jobs figures will increase the likelihood of a pull-back as early as the bank’s next policy meeting in two weeks’ time. Photo: AFP

Asian markets mixed, eyes on US data

3 min read . 04 Dec 2013

Japanese shares bucked the downward trend as the yen slipped against the dollar, which moved closer to the four-and-a-half-year high touched in May. Photo: Reuters

Asian shares mostly down after upbeat US data

2 min read . 03 Dec 2013

Investors seemed broadly unmoved by upbeat figures showing Chinese manufacturing continuing to expand in November. Photo: AFP

Asian shares mostly lower, Shanghai hit by IPO fears

3 min read . 02 Dec 2013

Buying sentiment remains weak after a sell-off Thursday when dealers reacted to the Federal Reserve’s better-than-expected summary of the US economy, which fuelled speculation it will soon begin reeling in its stimulus programme. Photo: Reuters

Asian shares mixed, Sony slump hits Tokyo

4 min read . 01 Nov 2013

Investors have been keeping a close eye on the Fed’s plans for the stimulus since May, when it indicated it might begin cutting down its bond purchases, sending global markets tumbling. Photo: Reuters

Asian shares slip, Fed outlook fuels taper rumours

3 min read . 31 Oct 2013

Investors breathed a sigh of relief as Republican and Democratic senators found a compromise after weeks of bitter rows on Capitol Hill that called into question Washington’s credibility with its creditors, including China and Japan. Photo: Reuters

Asian shares mostly up as US avoids default

3 min read . 17 Oct 2013

With the government shutdown moving into a ninth day, global investors are concerned Republicans and Democrats will not find a way round a budgetary impasse before an 17 October deadline to raise the borrowing limit. Photo: Reuters (Reuters )

Asian shares under pressure as US debt worries grow

3 min read . 09 Oct 2013

Global markets have focused intently on the Fed’s plans for its stimulus, which has been credited with fuelling a huge investment spree. Photo: Reuters (Reuters )

Asian stocks mixed after Wall St rally, eyes on Fed

3 min read . 18 Sep 2013

With few catalysts to drive buying, the focus is on the two-day Fed meeting that ends Wednesday. While investors expect policymakers to begin winding down the $85 billion-a-month stimulus programme, the key question is the pace of the drawdown. Photo: AFP (AFP )

Asian stocks mostly lower ahead of Fed meeting

2 min read . 17 Sep 2013

Global markets have enjoyed a bright week following a string of upbeat Chinese data—including on trade and factory output—indicating the world’s number two economy may have turned a corner after suffering a slowdown in the first half of the year. Photo: Reuters (Reuters)

Asian stocks mostly lower ahead of Fed meeting

3 min read . 13 Sep 2013

Improving confidence among investors helped the dollar up against the yen, which is considered a safer bet in times of uncertainty. Photo: AFP (AFP )

Asian stocks mostly higher as Syria fears subside

3 min read . 11 Sep 2013