Asian stocks rose last week amid an improved outlook for exports, upbeat US corporate earnings and on expectations that Europe’s banking sector stress tests would be positive.
Asian stocks were mixed last week as record growth in Singapore was counterbalanced by a stronger yen that dimmed prospects for Japanese exporters as well as weak US economic data.
The second quarter has been one to forget for Asian equity investors. That said, the correction in Asian stock markets appear to have run its course just as the World Cup got underway.
Economies appear at a crossroads, with leading indicators pointing to slower growth. Even China, the world’s engine room, is experiencing a deceleration, although growth remains positive for now.
Asian stocks fell last week, as weaker-than-expected economic data from China and the US renewed fears of a double-dip recession.
Asian stocks closed mixed last week after early gains from China’s revaluation of the renminbi were counterbalanced by weak US economic data that triggered concerns over the global recovery.
Asian stocks rose last week as improving economic and earnings newsflow offset concerns about Europe’s debt crisis.
Asian equity markets fell in May to their lowest level in 10 months before clawing back some of the lost ground.



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