http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usWed, 16 May 2012 14:00:08 GMTIndian shares tumbled on Wednesday, weighed down by capital outflow worries after the rupee tumbled to hit a record low against the dollar, succumbing to growing risk aversion due to the euro zone crisis and amid concerns about India's widening current account and fiscal deficits. The rupee pared early losses after finance minister Pranab Mukherjee said there was no need to panic and the RBI is closely watching currency movements.http://www.rttnews.com/story.aspx?Id=1887614Wed, 16 May 2012 11:34:25 GMTStocks fell sharply across Asia on Wednesday, as news that Greece will hold a second election in June increased uncertainty over the future of the euro region. Investors fear that a Greek exit from the eurozone, a strong position against austerity measures and a disorderly debt default could lead to fatal consequences and make sovereign debt problems worse.http://www.rttnews.com/story.aspx?Id=1887477Wed, 16 May 2012 09:33:31 GMTIndian shares fell sharply on Wednesday, mirroring weak Asian cues as Greece coalition talks failed and data showed Japanese core machinery orders fell for the first time in three months in March, declining a seasonally adjusted 2.8 percent from the previous month. http://www.rttnews.com/story.aspx?Id=1887224Wed, 16 May 2012 04:38:21 GMTAsian stock markets are trading lower on Wednesday with investors indulging in some heavy selling across the board due to the political uncertainty in Greece. http://www.rttnews.com/story.aspx?Id=1887217Wed, 16 May 2012 04:19:01 GMTThe Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 40 points or 3.3 percent. The Stock Exchange of Thailand settled just below the 1,185-point plateau, and now traders are expecting renewed consolidation when the market kicks off trade on Wednesday.http://www.rttnews.com/story.aspx?Id=1887163Wed, 16 May 2012 02:48:42 GMTThe Japanese stock market is trading lower on Wednesday with weak machinery data and concerns about the political and economic situation in Greece weighing on sentiment to a notable extent. The yen's surge against the euro - it rose to the lower-102 level - also contributed to the weak start for stocks.http://www.rttnews.com/story.aspx?Id=1887201Wed, 16 May 2012 02:48:08 GMTThe Indonesia stock market has moved lower now in three consecutive trading days, dropping almost 90 points or 2.2 percent en route to a fresh seven-week closing low. The Jakarta Composite Index finished just above the 4,045-point plateau, and now investors are expecting to see the market extend its losses at when it opens on Wednesday.http://www.rttnews.com/story.aspx?Id=1887153Wed, 16 May 2012 02:18:43 GMTThe Australian market is trading lower on Wednesday with investors indulging in some heavy selling across the board following a weak lead from the U.S. and European markets. http://www.rttnews.com/story.aspx?Id=1887174Wed, 16 May 2012 01:32:42 GMTThe Hong Kong stock market on Tuesday finally wrote a finish to the brutal eight-day losing streak in which it had plummeted more than 1,350 points or 7 percent. The Hang Seng Index finished just shy of the 19,900-point plateau, although now analysts are forecasting renewed selling pressure at the opening of trade on Wednesday.http://www.rttnews.com/story.aspx?Id=1887147Wed, 16 May 2012 01:18:42 GMTThe China stock market has closed lower now in three straight sessions, retreating more than 35 points or 1.5 percent en route to a four-week closing low. The Shanghai Composite Index ended just above the 2,375-point plateau, and now traders are expecting another soft start for the market when it kicks off trade on Wednesday.http://www.rttnews.com/story.aspx?Id=1887124Wed, 16 May 2012 00:53:42 GMTThe Taiwan stock market on Tuesday wrote a finish to the two-day losing streak in which it had fallen more than 105 points or 1.5 percent. The Taiwan Stock Exchange finished just below the 7,400-point plateau, and now investors are expecting another turn to the downside again when the market opens on Wednesday.http://www.rttnews.com/story.aspx?Id=1887115Wed, 16 May 2012 00:33:42 GMTThe Singapore stock market on Tuesday halted the two-day slide in which it had fallen almost 40 points or 1.3 percent. The Straits Times Index finished just above the 2,875-point plateau, although now analysts are forecasting renewed selling pressure at the opening of trade on Wednesday.http://www.rttnews.com/story.aspx?Id=1887098Wed, 16 May 2012 00:18:42 GMTThe Malaysia stock market has finished lower now in three straight trading days, giving away more than 25 points or 2.2 percent along the way. The Kuala Lumpur Composite Index settled just above the 1,560-point plateau, and now traders are bracing for further damage when the market kicks off trade on Wednesday.http://www.rttnews.com/story.aspx?Id=1887092Wed, 16 May 2012 00:03:42 GMTThe South Korea stock market has closed lower now in five straight sessions, falling almost 70 points or 3.7 percent along the way. The KOSPI finished just below the 1,900-point plateau, and now investors are expecting another soft open on Wednesday.http://www.rttnews.com/story.aspx?Id=1887074Tue, 15 May 2012 23:33:42 GMTThe Asian stock markets are expected to see continued selling pressure on Wednesday due to the political situation in Greece, which is headed for a new round of elections after lawmakers failed to form a coalition government. The new elections are seen as referendum on whether Greece should remain in the Eurozone, adding to the recent worries about the outlook for Europe.http://www.rttnews.com/story.aspx?Id=1887062Tue, 15 May 2012 23:03:42 GMTIndian shares rebounded on Tuesday, as bargain hunters stepped in after five straight days of losses. Falling oil prices and the strengthening of rupee from a near record low against the dollar amidst what dealers called "massive" intervention from the Reserve Bank of India also encouraged investors to cherry-pick battered stocks. http://www.rttnews.com/story.aspx?Id=1886274Tue, 15 May 2012 11:00:57 GMTAsian stocks turned in a mixed performance on Tuesday, as worries about the possible exit of Greece from the euro-zone continue to haunt investors. Investors fear that the European debt crisis could spiral out of control and weigh on global growth if Greece were to exit the euro zone and default on its debt. http://www.rttnews.com/story.aspx?Id=1886183Tue, 15 May 2012 09:23:11 GMTIndian shares are trading moderately higher on Tuesday, as investors hunted for bargains after five straight days of losses. U.S. crude futures extended losses, dropping towards $94 a barrel this morning and the Reserve Bank of India is believed to have intervened in the forex market to check rupee volatility, offering some support to battered stocks. http://www.rttnews.com/story.aspx?Id=1885845Tue, 15 May 2012 04:58:04 GMTAsian stock markets are trading weak on Tuesday with investors tracking a negative lead from the U.S. and European markets where stock prices drifted down sharply overnight amid concerns about the financial situation in Europe. Most of the markets are down with notable losses with traders remaining quite wary of building up positions.http://www.rttnews.com/story.aspx?Id=1885823Tue, 15 May 2012 03:29:03 GMTIndian shares are seen drifting lower on Tuesday, joining a global sell-off as growing fears that Greece would exit the eurozone and default on its debt heightened risk aversion and put pressure on the euro. http://www.rttnews.com/story.aspx?Id=1885818Tue, 15 May 2012 03:16:22 GMTThe Thai stock market headed south again on Monday, one session after it had ended the two-day slide in which it had fallen more than 40 points or 3.3 percent. The Stock Exchange of Thailand settled just above the 1,165-point plateau, and now investors are bracing for continued carnage when the market kicks off trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885766Tue, 15 May 2012 02:15:50 GMTStocks opened on a weak note in the Japanese market on Tuesday with investors following a weak lead from the U.S. and European markets and indulging in some heavy selling in several blue chip stocks from across various sectors. The yen's surge against the euro also contributed to the negative start in the market.http://www.rttnews.com/story.aspx?Id=1885790Tue, 15 May 2012 02:01:33 GMTThe Indonesia stock market has moved lower now in back-to-back sessions, giving away more than 80 points or 2 percent en route to a seven-week closing low. The Jakarta Composite Index settled just above the 4,050-point plateau, and now analysts are predicting additional selling pressure at the opening of trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885755Tue, 15 May 2012 01:45:49 GMTThe Australian stock market is trading weak on Tuesday with investors pressing heavy sales at several counters, tracking cues from Wall Street where stocks ended notably lower overnight amid worries about the European economy.http://www.rttnews.com/story.aspx?Id=1885776Tue, 15 May 2012 01:32:26 GMTThe Hong Kong stock market has finished lower now in eight consecutive trading days, plummeting more than 1,350 points or 7 percent in that span. The Hang Seng Index finished just above the 19,735-point plateau, and now traders are expecting to see the market extend its losses when the market opens on Tuesday.http://www.rttnews.com/story.aspx?Id=1885745Tue, 15 May 2012 01:15:48 GMTThe China stock market turned lower again on Monday, one session after it had ended the three-day losing streak in which it had fallen almost 45 points or 1.8 percent. The Shanghai Composite Index ended just above the 2,380-point plateau, and now investors are bracing for additional selling pressure when the market kicks off trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885729Tue, 15 May 2012 00:50:48 GMTThe Taiwan stock market has fallen in two straight sessions now, giving away more than 105 points or 1.5 percent in that span. The Taiwan Stock Exchange finished just above the 7,375-point plateau, and now analysts are forecasting further damage at the opening of trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885724Tue, 15 May 2012 00:30:49 GMTThe Singapore stock market has moved lower now in consecutive trading days, giving away almost 40 points or 1.3 percent in the process. The Straits Times Index wound up just shy of the 2,865-point plateau, and now traders are bracing for more carnage when the market opens on Tuesday.http://www.rttnews.com/story.aspx?Id=1885716Tue, 15 May 2012 00:15:48 GMTThe Malaysia stock market has finished lower now in back-to-back sessions, retreating moir‚ than a dozen points or 1.3 percent along the way. The Kuala Lumpur Composite Index settled just above the 1,575-point plateau, and now investors are bracing for further damage when the market kicks off trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885705Tue, 15 May 2012 00:00:49 GMTThe South Korea stock market has closed lower now in four straight sessions, shedding almost 55 points or 2.8 percent in the process. The KOSPI finished just below the 1,915-point plateau, and now analysts are forecasting continued selling pressure at the opening of trade on Tuesday.http://www.rttnews.com/story.aspx?Id=1885693Mon, 14 May 2012 23:30:48 GMT