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15.08.2012 09:00

Asia Pacific stocks close:

 

 

Asian stocks fell a third time in four days as earnings at China Aerospace International Holdings Ltd. disappointed investors and steelmakers slid after the world’s biggest ore producer said China’s golden years of growth are over.

Nikkei 225 8,925.04 -4.84 -0.05%
S&P/ASX 200 4,281.2 -10.97 -0.26%
Shanghai Composite 2,118.94 -23.58 -1.10%
China Aerospace slumped 5.3 percent in Hong Kong after the maker of liquid-crystal displays said first-half profit probably dropped.
Kobe Steel Ltd. and other makers of industrial materials declined after an official at Vale SA said China’s growth is slowing.
Great Wall Motor Co. slid 3.7 percent after Australia’s consumer protection agency said asbestos was found in cars made by the Chinese automaker.

15.08.2012 08:37

BOE Minutes:

Market Focus

  • U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
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