(Bloomberg) - Asian stocks fell, sending a regional benchmark to a two-week low, after the largest decline in U.S. manufacturing in five years and record oil prices heightened concerns the world's biggest economy will enter a recession.
Hon Hai Precision Industry Co., a maker of Apple Inc.'s iPods, and BHP Billiton Ltd. retreated on speculation demand for the region's electronics and raw materials will wane. National Australia Bank Ltd. led a drop by banks on concern weakening U.S. growth will widen credit-market losses.
Read more at Bloomberg
Showing posts with label U.S. manufacturing. Show all posts
Showing posts with label U.S. manufacturing. Show all posts
Thursday, January 3, 2008
Monday, July 30, 2007
Bobcat to stay on in North Dakota-governor
(Reuters) - Earlier, the state's U.S. senators, Democrats Byron Dorgan
and Kent Conrad, said they would meet with representatives of
Doosan next week.
Dorgan said in a statement he was "concerned about the risk
of U.S. manufacturing being moved to low-wage manufacturing
facilities in Asian countries."
Read more at Reuters.com Bonds News
and Kent Conrad, said they would meet with representatives of
Doosan next week.
Dorgan said in a statement he was "concerned about the risk
of U.S. manufacturing being moved to low-wage manufacturing
facilities in Asian countries."
Read more at Reuters.com Bonds News
Monday, July 2, 2007
TREASURIES-Short-covering, safety bid boost prices
(Reuters) - NEW YORK, July 2 - U.S. Treasury debt prices rose
and yields sank to three-week lows on Monday as short-covering
and a safety bid outweighed a negligible reaction to slightly
stronger-than-expected data on the U.S. manufacturing sector.
"The fact that the market did almost nothing on somewhat
stronger ISM numbers sparked short-covering in
a quiet pre-holiday market so here we sit with some small
gains, settling into a range," said John Canavan, analyst at
Stone and McCarthy Research Associates.
Read more at Reuters.com Bonds News
and yields sank to three-week lows on Monday as short-covering
and a safety bid outweighed a negligible reaction to slightly
stronger-than-expected data on the U.S. manufacturing sector.
"The fact that the market did almost nothing on somewhat
stronger ISM numbers sparked short-covering in
a quiet pre-holiday market so here we sit with some small
gains, settling into a range," said John Canavan, analyst at
Stone and McCarthy Research Associates.
Read more at Reuters.com Bonds News
TREASURIES-After dip on ISM, safety bid lifts bonds
(Reuters) - NEW YORK, July 2 - U.S. Treasury debt prices
briefly slipped on Monday, reacting to a somewhat stronger than
expected reading on the U.S. manufacturing sector, then quickly
erased those minor losses as a safety bid provided support.
The Institute for Supply Management said its manufacturing
index rose to 56.0 in June from 55.0 in May, slightly firmer
than Wall Street had forecast.
Read more at Reuters.com Bonds News
briefly slipped on Monday, reacting to a somewhat stronger than
expected reading on the U.S. manufacturing sector, then quickly
erased those minor losses as a safety bid provided support.
The Institute for Supply Management said its manufacturing
index rose to 56.0 in June from 55.0 in May, slightly firmer
than Wall Street had forecast.
Read more at Reuters.com Bonds News
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