<?xml version="1.0" encoding="ISO-8859-1" ?><rss version="2.0"><channel><title>RTT - AsiaCommentary</title><link>http://www.rttnews.com</link><description>Global financial news, market analysis, economics and forex news</description><language>en-us</language><lastBuildDate>Sat, 21 Nov 2009 13:25:04 GMT</lastBuildDate><item><title>Asian Markets End In Negative Territory On Economic Concerns </title><description>The markets across Asia ended in negative territory on Friday, taking cues from Wall Street where the major averages ended lower on concerns about sustaining the economic recovery following weak economic data.  Strengthening of the dollar and drop in commodity prices also impacted market sentiment as traders preferred to adopt a wait-and-watch attitude and moved to sidelines locking gains from recent rally.  </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136290</link><pubDate>Fri, 20 Nov 2009 11:13:30 GMT</pubDate></item><item><title>Short-covering Lifts Indian Market </title><description>After struggling in negative territory till mid-session, the Indian market reversed its direction to close sharply higher on Friday, buoyed by positive opening of the European markets and comments by Planning Commission deputy chairman Montek Singh Ahluwalia that the government is unlikely to impose a tax on capital inflows. A sudden bout of short covering also helped the benchmarks close near the day's high. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136245</link><pubDate>Fri, 20 Nov 2009 10:23:02 GMT</pubDate></item><item><title>Japanese Stock Market Ends In Negative Territory; Tech Stocks Slip </title><description>The stock market in Japan ended in negative territory on Friday, dragged down by technology stocks after Dell reported weaker-than-expected quarterly results for the third quarter.  Weak closing in Wall Street on fresh concerns about sustaining economic recovery and profit taking also impacted market sentiment.  </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136185</link><pubDate>Fri, 20 Nov 2009 08:15:57 GMT</pubDate></item><item><title>Profit Taking, Weak US Cues Drag Australian Market Lower </title><description>The Australian market ended in negative territory on Friday, following weak cues from Wall Street where the major averages ended in negative territory on concerns about sustaining the recovery momentum.  Drop in commodity prices and strengthening of the dollar also impacted sentiment.  Back home, traders preferred to lock in gains and move to sidelines, looking for direction.  </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136153</link><pubDate>Fri, 20 Nov 2009 07:19:02 GMT</pubDate></item><item><title>Indian Market Down In Early Trading </title><description>The Indian market is trading lower in early trading on Friday, dragged down by realty, consumer durable, banking and metal stocks, in line with the weakness in overseas markets. After opening on a flat to negative note, the BSE Sensex has fallen to a low of 16,668 thus far in the session.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136066</link><pubDate>Fri, 20 Nov 2009 04:08:20 GMT</pubDate></item><item><title>Asian Markets Exhibit Weakness On Wall Street Lead, Economic Concerns </title><description>Asian stock markets are mostly trading in the red with notable losses on Friday with the overnight negative close on Wall Street on the back of some disappointing job reports hurting sentiment to a significant extent. With doubts about the pace of economic recovery surfacing again, investors seem quite reluctant to go in for any big buying, and are in fact, looking to trim down positions substantially.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136047</link><pubDate>Thu, 20 Nov 2009 02:56:20 GMT</pubDate></item><item><title>Indian Market May Extend Losses </title><description>With the benchmark indexes closing below the key psychological and technical levels yesterday, the Indian market is likely to see further downside on Friday. Weekend profit taking and negative global cues on concerns about the pace of recovery in the U.S are likely to weigh on market movement. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136046</link><pubDate>Thu, 20 Nov 2009 02:47:28 GMT</pubDate></item><item><title>South Korean Market Trades Weak </title><description>The South Korean stock market is trading weak on Friday with investors treading a cautious path following a negative close on Wall Street overnight and weakness in other stock markets across the Asian region.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136038</link><pubDate>Thu, 20 Nov 2009 02:06:46 GMT</pubDate></item><item><title>Soft Opening Expected For Thai Shares </title><description>The Thai stock market has finished lower now in two of three sessions since the end of the modest two-day winning streak in which it had gathered 10 points or 1.3 percent along the way. The Stock Exchange of Thailand is clinging to support at 700 points, but now investors are anticipating heavy losses when the market opens for business on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136022</link><pubDate>Thu, 20 Nov 2009 01:27:41 GMT</pubDate></item><item><title>Japanese Market Trades Weak On Wall Street Cues, Stronger Yen </title><description>The Japanese stock market is trading weak on Friday with the overnight negative close on Wall Street and a stronger yen triggering a sell-off almost across the board. Concerns over deflation and unemployment are also contributing to the weakness.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136010</link><pubDate>Thu, 20 Nov 2009 01:17:37 GMT</pubDate></item><item><title>Jakarta Stocks May Extend Decline </title><description>The Indonesian stock market on Thursday wrote a finish to the six-day winning streak in which it had collected more than 105 points or 4 percent in the process. The Jakarta Composite Index finished just below the 2,470-point plateau, and now analysts are expecting that the losses will accelerate when the market kicks off trade on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1136000</link><pubDate>Thu, 20 Nov 2009 01:01:24 GMT</pubDate></item><item><title>Australian Market Declines On Wall Street Cues; Banks, Materials Stocks Fall </title><description>The Australian stock market declined sharply on Friday with the overnight weak close on Wall Street on the back of some disappointing economic reports triggering fairly heavy selling across the board. Financials, materials, energy and industrials stocks are among the prominent losers.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135984</link><pubDate>Thu, 20 Nov 2009 00:33:13 GMT</pubDate></item><item><title>Hang Seng Poised To Extend Losses </title><description>The losing streak has reached three sessions now for the Hong Kong stock market, which has lost nearly 300 points or 1.4 percent in the process. The Hang Seng Index ended just below the 22,650-point plateau, and now investors are bracing for continued weakness at the opening of trade on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135981</link><pubDate>Thu, 20 Nov 2009 00:30:15 GMT</pubDate></item><item><title>Win Streak May End For China Shares </title><description>The China stock market has finished higher now in five straight sessions, gathering nearly 150 points or 4.2 percent en route to a fresh 14-week closing high. The Shanghai Composite Index finished just above the 3,320-point plateau, but now analysts are forecasting a correction to the downside when the market opens for business on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135967</link><pubDate>Thu, 20 Nov 2009 00:01:07 GMT</pubDate></item><item><title>Losses May Accelerate For Taiwan Stocks </title><description>The Taiwan stock market has finished lower in three of five trading days since the end of the five-day winning streak in which it had gathered more than 250 points or 3.2 percent on its way to a 17-month closing high. The Taiwan Stock Exchange ended just below the 7,760-point plateau, and now investors are anticipating continued weakness at the opening of trade on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135960</link><pubDate>Thu, 19 Nov 2009 23:39:26 GMT</pubDate></item><item><title>Singapore Shares Likely Headed Lower Again </title><description>The Singapore stock market on Thursday ended the two-day losing streak in which it had shed nearly 40 points or 1.5 percent along the way. The Straits Times Index finished just shy of the 2,760-point plateau, but now investors are bracing for sharp declines when the market opens for business on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135956</link><pubDate>Thu, 19 Nov 2009 23:29:30 GMT</pubDate></item><item><title>Lower Open Expected For Japan Shares </title><description>Japan stocks were poised for a week open on Friday, following Wall Street's overnight plunge. U.S. stocks once again reacted negatively to disappointing economic data and a strengthening dollar.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135951</link><pubDate>Thu, 19 Nov 2009 23:24:15 GMT</pubDate></item><item><title>Malaysian Shares May Ease On Friday </title><description>The Malaysian stock market tuned right back to the upside again on Thursday, albeit barely, one day after ending the two-day winning streak in which it had collected 9 points or 0.07 percent along the way. The Kuala Lumpur Composite Index ended just above the 1,275-point plateau, but now analysts are predicting some heavy selling at the opening of trade on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135945</link><pubDate>Thu, 19 Nov 2009 23:18:04 GMT</pubDate></item><item><title>South Korean Shares Likely To Halt Win Streak </title><description>The South Korean stock market has finished higher now in back-to-back sessions, collecting 35 points or 2.1 percent in the process. The KOSPI moved above the 1,620-point plateau, but now analysts are expecting sharp declines at the opening of trade on Friday.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135907</link><pubDate>Thu, 19 Nov 2009 22:44:49 GMT</pubDate></item><item><title>New Zealand Stocks Open Lower On Wall Street's Overnight Losses </title><description>New Zealand's share market opened lower on Friday, following the heels of steep losses at Wall Street, where U.S. stocks closed lower on some weaker-than-expected economic data. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135906</link><pubDate>Thu, 19 Nov 2009 22:41:16 GMT</pubDate></item><item><title>Weak Opens Expected For New Zealand, Australia Stocks </title><description>Lower opens are expected for the New Zealand and Australia sharemarkets on Friday, coming on the heels of steep losses from the U.S.  Wall Street opened lower after weaker than expected data on </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1135688</link><pubDate>Thu, 19 Nov 2009 19:56:21 GMT</pubDate></item><item><title>Asian Markets End Mixed Amid Cautious Trading </title><description>The markets across Asia ended mixed on Thursday as traders preferred to lock in gains and preferred to move to side lines as fresh concerns about sustaining the pace and magnitude of economic recovery resurfaced yet again on weaker than expected  economic data related to housing starts and building permits in the U.S.  While the markets in Japan, Hong kong, Taiwan, Indonesia and India in negative territory, the markets in Australia, South Korea, Singapore and China ended in positive territory with modest gains.  </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134980</link><pubDate>Thu, 19 Nov 2009 11:17:18 GMT</pubDate></item><item><title>Profit Taking Drags Indian Market Sharply Lower </title><description>Doubts about the pace of global economic recovery, the dollar's rebound against major global currencies, including the rupee, and signs of fatigue after a 75% plus rally since March dragged the Indian market sharply lower on Thursday. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134874</link><pubDate>Thu, 19 Nov 2009 10:03:04 GMT</pubDate></item><item><title>Japanese Stock Market Ends Lower, Dragged By Banks, Stronger Yen </title><description>The stock market in Japan ended in negative territory on Thursday, as fresh concerns about equity financing plans of companies emerged after Mitsubishi UFJ Financial revealed plans to raise 1 trillion yen through issue of fresh shares to bolster its Tier 1 capital after the markets closed yesterday.  The strengthening of the local currency against the dollar also dampened market sentiment.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134769</link><pubDate>Thu, 19 Nov 2009 08:03:16 GMT</pubDate></item><item><title>Australian Market Ends In Positive Territory; Resource Stocks Gain </title><description>The Australian market ended in positive territory on Thursday, lifted by resource stocks in late trading session on higher commodity prices.  Weak closing in Wall Street in the previous session and cautious trading amid lack of buying interest limited gains.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134662</link><pubDate>Thu, 19 Nov 2009 06:46:05 GMT</pubDate></item><item><title>Indian Market Slips On Weak Global Cues </title><description>The Indian market is trading weak in early trading on Thursday, hit by weak global cues on worries about the pace of economic recovery in the U.S, the world's largest economy. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134554</link><pubDate>Thu, 19 Nov 2009 04:24:01 GMT</pubDate></item><item><title>Indian Market Seen Weaker </title><description>The Indian market may open on a flat to negative note on Thursday, tracking weak global cues after disappointing U.S economic data raised doubts about the strength of economic recovery in the world's largest economy. Trading is likely to remain range bound amid alternate bouts of buying and profit taking. </description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134536</link><pubDate>Wed, 19 Nov 2009 03:03:08 GMT</pubDate></item><item><title>Asian Markets Mixed Amid Cautious Trades </title><description>Asian stock markets are exhibiting a mixed trend amid cautious trades on Thursday. The flat close on Wall Street and some worrisome data on U.S. inflation and the housing market appear to have hurt sentiment to an extent in some markets in the region. Though most markets in the region opened on a fairly positive note, some of them have drifted lower with investors choosing to trim down positions at higher levels.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134532</link><pubDate>Wed, 19 Nov 2009 02:47:20 GMT</pubDate></item><item><title>South Korean Market Trades Higher; Tech, Bank Stocks Move Up </title><description>The South Korean stock market is trading notably higher on Thursday, with stocks from technology, banking and automobile sectors attracting some heavy buying. Steel and energy stocks are also edging higher.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134523</link><pubDate>Wed, 19 Nov 2009 02:19:15 GMT</pubDate></item><item><title>Japanese Market Trades Notably Lower </title><description>The Japanese stock market is trading weak on Thursday with investors indulging in some heavy selling almost across the board. With several companies rushing in to issue new shares, investors appear worried about per-share value dilution and alteration in supply-demand balance.</description><link>http://www.rttnews.com/ArticleView.aspx?Id=1134508</link><pubDate>Wed, 19 Nov 2009 01:32:49 GMT</pubDate></item></channel></rss>
