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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

  • Euro Area trade balance surplus declined significantly in August
  • Consumer prices in China were up 1.6 percent on year in September,
  • US consumer sentiment surged in early October, reaching its highest level since the start of 2004 says UoM
  • Earnings Season in U.S.: Major Reports of the Week
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