Canadian Dollar Spikes Higher Against Majors [CAD]

Canadian Dollar Spikes Higher Against Majors [CAD]
In the early Asian deals on Thursday, the Canadian dollar gained against its major counterparts. Around 9:25 pm ET, the loonie made a sharp spike higher and it is currently trading at 110.94 versus the yen, 1.4571 against the euro and 0.9797 against the greenback.

South Korean Market Extends Losses For Fifth Straight Session []
Wednesday, Seoul shares opened lower, extending losses for a fifth straight session, as the Federal Reserve's move to lower the U.S. economic growth forecast for 2008 dampened market sentiment. At 10:40 a.m. local time, the benchmark Korea Composite Stock Price Index or KOSPI was down 15.21 points or 0.81% at 1,856.72.

Thai Stocks Have No Clear Lead []
The Thai stock market draws mixed messages ahead of trading Wednesday as the Stock Exchange of Thailand tries to halt a losing streak that has reached three sessions.

Dollar Slumps To New Record Low Against Euro And Franc [USD]
During the early Asian deals on Thursday, the US dollar weakened against its European and Swiss counterparts. At about 9:20 pm ET, the dollar touched a new record low of 1.4872 against the euro and 1.1006 against the franc, compared to yesterday's close of 1.4859 and 1.1019 respectively.

Japanese Market Tumbles To Sixteen-month Low On Stronger Yen []
Wednesday, Tokyo shares plunged, with the benchmark Nikkei 225 index closing at its lowest in sixteen months, as a stronger yen hurt investor sentiment and sparked selling across the board.

Markets Likely To Open Lower On Weak Global Cues - Indian Commentary []
Global cues are pointing towards a weak opening for the Indian market on Wednesday. The U.S. stocks closed higher overnight amid volatility, but the major stock markets across the Asia-Pacific region are trading sharply lower on Wednesday, led by banking stocks, on U.S. economic growth concerns.

New Zealand Shares In Uneasy Thursday Open Off Negative Wall Street Lead []
New Zealand shares open in uneasy territory on Thursday, after finishing with a small wednesday gain amid falling markets around the rest of the world.

Blue Chip Stocks Drag Shanghai Index Down []
Wednesday, Shanghai shares closed lower as China Railway Group's initial public offering of 2.34 billion A-shares put pressure on liquidity. ICBC and other large caps, particularly dual-listed companies, also extended losses in late trade.

Downward Pressure For Singapore Shares []
The Singapore stock market is searching for consistency ahead of Thursday's market open, mired in a streak that has seen the Straits Times Index finish lower in four of the last five sessions.

Market Opens Lower Tracking Weakness In Asian Peers - Indian Commentary []
Wednesday, Indian shares opened lower on the back of weak cues from Asian markets. At 10:06 a.m. IST, the Sensex was down 200 points at 19,082 and the broader Nifty was down 61 points at 5,719.