Asia Investment Views 27 Sept
27 September, 2010, 2:14. Posted by Zarathustra
Tags: Asian daily (Discontinued), Investment
Recap of what happened last week
US
DJIA: +1.86%, S&P 500: +2.12%, NASDAQ: +2.33
US market ended much higher last week, boosted by capital goods spending figure.
Europe
FTSE 100: +0.93%, DAX: +1.84%, CAC: +1.94%
Hong Kong/China/Asia
Hong Kong to follow rise in US and Europe, but the Shanghai market has little change in early trading. Japan market rose in early trading. Financial Times reported that Japanese government is weighing a $55b stimulus package to combat the rising yen and continued slow growth of their economy.
Other HK/China/Asia News
HSBC’s Thornton poised to quit
John Thornton, the HSBC non-executive director who was overlooked when the bank selected its new chairman last week, is set to step down from the board within six months, dealing a blow to the group’s ambitions for growth in China. Source: Financial Times
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.