SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (149762)3/3/2009 8:10:52 PM
From: Rocket Red  Read Replies (2) | Respond to of 314079
 
maybe they can turn it green later on



To: koan who wrote (149762)3/3/2009 10:53:59 PM
From: Rocket Red  Read Replies (1) | Respond to of 314079
 
Most Asian Stocks Advance Amid Government Policy Speculation
Email | Print | A A A

By Jonathan Burgos

March 4 (Bloomberg) -- Most Asian stocks rose as optimism governments will widen efforts to bolster growth offset plunging U.S. auto sales and a contraction in Australia’s economy.

Aluminum Corp. of China Ltd. rose 4.4 percent in Shanghai as a former statistics chief said Premier Wen Jiabao will announce a new stimulus package tomorrow. Toyota Motor Corp., the world’s biggest carmaker, lost 2.6 percent in Tokyo after U.S. sales sank by a record last month. Commonwealth Bank of Australia slumped 2.8 percent in Sydney as the country’s economy shrank in the fourth quarter for the first time in eight years.

“We’re seeing some bright spots in China,” Pauline Dan, chief investment officer at Samsung Investment Trust Management Co. in Hong Kong, which oversees $61 billion. “Domestic consumption seems to be doing better given the government’s pump priming efforts.”

More than two stocks gained for each one that fell on the MSCI Asia Pacific Index, which added 0.1 percent to 71.92 at 12:47 p.m. Tokyo time. The gauge slumped 20 percent in 2009, extending last year’s record 43 percent tumble, as recessions in the world’s largest economies hurt earnings at exporters such as Toyota and Honda Motor Co.

To contact the reporter on this story: Jonathan Burgos in Singapore at jburgos4@bloomberg.net.

Last Updated: March 3, 2009 22:49 EST



To: koan who wrote (149762)3/3/2009 10:59:28 PM
From: Rocket Red  Read Replies (2) | Respond to of 314079
 
Green now ,going too be a green day tomorrow