LONDON, June 9 (Reuters) - World shares were within touching distance of an all-time high on Monday, spurred on by the potent combination of record low global interest rates and the improving health of major economies.
TOKYO: Asian stocks started Tuesday under a cloud with markets waiting nervously to see how Chinese shares fare later in the session after Monday's slump all but erased risk appetite. The dollar was under pressure as China jitters spurred flows into havens such as the yen, while commodities including oil and copper wilted amid fears of a collapse in demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent. Tokyo's Nikkei sank 1 per cent, with a stronger yen accelerating the decline.
SINGAPORE (Reuters) - Asian shares, the euro, commodities and the Australian dollar all fell on Thursday as fears that Europe's debt crisis could unleash financial chaos prompted investors to shed riskier assets in favor of the relative safety of the dollar.
NEW DELHI: The hallmark of Indian stock market has been its ability to withstand global turmoil and not wilt under headwinds. It has shown remarkable resilience at a time when Chinese stocks were falling like nine pins, and Greece was convulsing with debt woes. The S&P BSE Sensex has managed to outperform most of its Asian peers in the last one month. The gauge has gained over 6 per cent in the last one month, compared to an over 21 per cent fall in China, and 1.5 per cent rise in Japan's Nikkei. Hong Kong's Hang Seng has lost nearly 6 per cent.
The last time global equity markets were falling at this pace (on a growth scare) was the fall of 2011. That time, after a big push lower, November saw a mass co-ordinated easing by central banks to save the world... stock jumped, the global economy spurted into action briefly, and all was well.