Asian stocks fell, dragging the MSCI Asia Pacific Index into a so-called correction, on speculation European efforts to curb government debt will curtail growth.
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Archive for May 18th, 2010
Asian Stocks Enter Correction on European Growth Concern
Tuesday, May 18th, 2010RESULTS: Tiger Brands
Tuesday, May 18th, 2010Johannesburg, May 18 (I-Net Bridge) - Branded food group Tiger Brands (TBS) on Tuesday reported a 5% rise in diluted headline earnings per share to 567.1 cents for the six months ended March 2010 from 624.5 cents previously. HEPS excluding once-off empowerment transaction costs were up 7% to 668.9 cents, while diluted… »
SA Today: Key events to watch, May 18
Tuesday, May 18th, 2010— Weekly government bond auction.
— Tiger Brands releases interim results.
— Buildworks releases interim results.
— Sanyati releases annual results.
WHAT TO WATCH FOR:
The euro debt crisis is still weighing on markets and Asian stock markets traded mostly lower Tuesday, with memory-chip and LCD panel makers pressured by Samsung Electronics’ record capital-expenditure plans while China … »




