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Showing posts with the label Asian Markets Latest News at the Time; July 08

Asian Markets Latest News at the Time; July 08, 2013.

Asia Australia stocks rebound from losses LOS ANGELES (MarketWatch) -- Stocks in Australia climbed Tuesday in early trade, lifted after U.S. stocks rose as investors geared up for the second-quarter earnings season. The S&P/ASX 200 was up 1% at 4,856.70, as banking and retail issues were pushed higher. Shares of Westpac Banking Corp. and Australia & New Zealand Banking Group advanced 1.6% each, while retailers Wesfarmers Ltd. and Woolworths Ltd. rose 1.1% each. Alumina Ltd. was among the miners whose shares rose, tacking on 4% after aluminum producer Alcoa Inc. late Monday posted second-quarter adjusted earnings that topped Wall Street's expectations. Australian stocks on Monday lost 0.7%. Japan stocks jump after U.S. rally; insurers gain HONG KONG (MarketWatch) -- Japanese stocks rebounded early Tuesday to catch up with an extended rally on Wall Street and after Alcoa Inc. reported better-than