Silver, Gold Rise Records as Asian Stocks fall; Yen weakens

April 25, 2011 3: 11 pm EDT by Shiyin Chen and Yumi Teso

April 25 (Bloomberg) - silver and gold soared to records, oil rose for a fourth day and Asian stocks fell in the acceleration of inflation could undermine the economic recovery in the region of concern. The yen weakened against all 16 of his counterparts.

Silver cash advanced 3.8% effective from 4 hours after most early breaks out Tokyo by 5.4%. Gold rises for a ninth day, while crude oil increased by 0.4% in New York. The MSCI Asia Pacific Index dragged 0.3 percent Posco to Acer Inc. posted lower profits of companies. Standard & Poor 500 Index future increased by 0.2%. Malaysian Ringgit strengthened beyond 3 to the dollar for the first time in over 13 years. The yen dropped to a euro 119.24 119.60 last week.Shanghai Index led the China Composite losses in Asia after China International Capital Corp. stated that the consumption of the country prices could climb up to 5.5% this month. Inflation Singapore held to 5 percent in March, a Government report showed today. Data this week may show the Japan retail sales sank last month and U.S. gross domestic product growth has slowed, the major central banks of both countries to keep interest rates near zeroAccording to economists surveyed by Bloomberg. "It is very clear that some Asian countries will keep raising rates more while their economies are strong enough to see more hiking, said Hideki Hayashi, a global economist at Mizuho Securities Co. in Tokyo. "However, the market players expect the United States this week to suggest it would maintain low rates for some time, which means more appeal for Asia.".Silver, which has more than doubled over the past year, transferred to $49.0413 per ounce after having earlier reached a maximum of $49.79 as investors sought precious metals as a store of value. Gold for immediate delivery has increased as much as 0.7% to a record amount of $1,517.98 an ounce before the Exchange at $1, 517.28.Corn, WheatCorn for July delivery climbed as much as 2.6% to $7.64 a bushel on speculation more time wet and cold in the Midwest of the United States delay plantingreduce yields. Wheat increased by 2.7% to $8.57 a bushel.Oil for June delivery rose by 0.4% to $112.74 a barrel on the New York Mercantile Exchange, after the Syrian security forces detained at least 200 people following the assassination of anti-government demonstrators and Senator John McCain said rebel in Libya need help in the fight against the forces of Muammar Kadhafi.la rising raw materials prices fueling concern policy makers in Asia will intensify efforts tightening. Singapore dollar was little changed at S$ 1.2344 versus the greenback after hit S$ 1.2318. The Central Bank said on April 14 that it would allow more appreciation. The Malaysian ringgit earned as much as 0.4% to 2.9913, the highest level since October 9, 1997, on speculation, the Central Bank will be increasing interest rates the month next to help damp inflation. "Imported Inflation '" there is a perception that the central banks in Asia are allowing their currency thus appreciate to curb imported inflation "Lee Wai Tuck, a strategist to the prediction of the Pte to Singapore, said in an interview with Bloomberg Television. "There are some concerns that if the currencies do not appreciate, inflation may go even higher" in countries including China and Singapore, he said.The yen weakened to the 82.14 81.88 dollar. The Japan retail sales declined 6.1% in March from a year earlier after rising 0.1 percent in February, according to the midpoint estimate of economists in a survey of Bloomberg News before the Government data due April 27.BOJFOMCThe Bank of Japan can cut its forecast of real growth for 2011 tax to 0.8 per cent of 1.6% as a result of the earthquake on March 11, the Nikkei newspaper reported today. The Central Bank will keep interest rates of reference to a range between zero and 0.1% at its next meeting, according to the set of 13 economists surveyed by Bloomberg News.The Federal open market Committee will hold the reference rate in a range of zero to 0.25% April 27According to all the 80 economists surveyed by Bloomberg. GDP increased a 1.9% annual pace after increasing at a rate of 3.1 per cent in the previous three months, according to the median estimate of 66 economists surveyed by Bloomberg News before April 28 report of the Department of the Commerce.Le Dollar dragged Index 0.1% to 74.067 after earlier falling as much of 0.3%. The gauge used by IntercontinentalExchange Inc. to track the dollar against the currencies of the six major U.S. trading partners affected 73.735 on 21 April, the lowest since August 2008. "Low ' Yen, the Dollar" in the Japan and the United States are the countries which cannot therefore lead to a monetary tightening, the yen and the dollar will be weak, "said Daisaku Ueno, President of Gaitame.com Research Institute Ltd., in Tokyo largest margin the Japon.Environ currency unit four shares declined for all three who has risen on Asia Pacific the MSCI Index, rallied to 2.2 percent last week. It was the steepest weekly gain in a month. Of Shanghai Composite Index fell by 1.5%, led by China Petroleum & Chemical Corp. and China Shenhua Energy Co., after the ICC said consumer prices could climb from 5.2% to 5.5% in April. The Government has an inflation target for the year of 4 percent.Actions of shipment of advanced, led by based in Taipei Evergreen Marine Corp., after KGI Securities Co., said in a report today "peak demand" and container shortages would boost its earnings in the third quarter. Kweichow Moutai Co., manufacturer of China liquor by market value, gained 3.9% after reporting a 49% increase in net income in the first quarter.EarningsPosco slid 1.9% after the third largest steel producer in the world by the said release first-quarter profit fell 33 percent. Acer sank to 3.1 per cent after the second largest world supplier of portable computers said the lower quarterly profit in six years. Reliance Industries Ltd., most large company of the India by market value, fell to 3.1 percent after posting net income missed Analyst estimates.Since April 11, only 45 percent of the 60 members on the MSCI Asia Pacific reported earnings per share are predictions analyst beat, compared to about 71 per cent MSCI World Index members, according to data compiled by Bloomberg.Futures on the & S P 500 indicate actions can climb today Advanced Micro Devices Inc. companies. to SanDisk Corp. posted earnings that beat Analyst estimates. 22 April, and us stock markets were closed for a holiday.Exchange of Australia for the United Kingdom and the Germany remain excluded today.

-With the help of Ron Harui, Masaki Kondo, Jake Lloyd-Smith and Glenys Sim at Singapore, John Dawson in Hong Kong and Hur Jae in Tokyo. Editor: Patrick Chu

To contact the reporters on this story: Shiyin Chen to Singapore to schen37@bloomberg.net; Yumi Teso to Bangkok to yteso1@bloomberg.net.

To contact the editor responsible for this story: Patrick Chu in Tokyo at the pachu@bloomberg.net

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Decline in Asian Stocks after Reliance, Acer Profits Miss estimates

April 25, 2011 3: 52 pm EDT by Anna Kitanaka and Kana Nishizawa

April 25 (Bloomberg)--Asian stocks fell, dragging benchmark down more than a week after gains Acer Inc. and of Reliance Industries Ltd. missed Analyst estimates.

Acer, the second largest world supplier of portable computers, lost 3.1 percent in Taipei. Reliance Industries, most large company of the India by the value of market, fell by 3% in Mumbai. Baoshan Iron & Steel Co. led lower Chinese steelmakers on the acceleration of inflation will affect the economic growth of speculation. Honda Motor Co., second largest constructor of the Japan, sank to 1.3% after domestic production collapsed last month.The MSCI Asia Pacific Index dragged 0.3 per cent to 138.46 at 4: 37 a.m. in Tokyo, with approximately four actions under all three have increased. The previously acquired gauge 0.1%. Australia, New Zealand and Hong Kong stock markets are closed for a holiday. After the closing in Tokyo today, Nintendo Co. forecast profit that missed estimates and KDDI Corp. said annual profit will fall 2 percent this fiscal year. "" People waiting for earnings announcements this week before investing, "said Naoki Fujiwara, which helps to oversees the $ 6 billion in Tokyo to Shinkin Asset Management Co." "with the Japan on the head to his Golden Week holidays and with many other markets fermésNous we will probably not see exciting developments in the market." "Shanghai China Composite Index sank to 1.5%, while that the Nikkei 225 Stock average Japanese lost 0.1%. Index of ABN of the Korea in the South increased by 0.8%. VN index of advanced Viet Nam 2%, the most among indexes reference Asia-Pacific, as the currency of the country climbed the most since 2008.U.S. FuturesFutures on the Standard & Poor 500 Index rose 0.2%, following a holiday on April 22. A report of the Government now can show sales of the country rose 12 percent in March, a survey of economists compiled by Bloomberg. Japanese retail reports, U.S. orders of durable goods and gross domestic product are also due this week.The MSCI Asia Pacific Index climbed 0.8 percent this year through April 21, from the earnings of 6.3 S & P 500% and 1.7% by the Stoxx 600 Index of Europe. Stocks in the Asian tonnage was estimated at 13.2 times considers average as of the end of the last earnings, compared with 13.7 for the S & P 500 and 11.3 times for 1600 Stoxx technology shares were the biggest drags on the MSCI index of Asia Pacific. Acer lost 3.1 percent to NT$ 49.5 after first-quarter net income fell 64 percent to NT $ 1.2 billion ($42 million). The estimate of the average analyst for the benefit of NT 1.74 billion, according to data compiled by Bloomberg.Reliance, PoscoReliance Industries has dropped from 3% to 1,009.2 rupees in Mumbai after reporting a 14% increase in the net result of 53.8 billion rupees ($1.2 billion) in the three months to March 31. Profit missed average estimates billions of 54, 3-rupee of 18 analysts in a survey of Bloomberg.POSCO, the third largest producer of steel in the world by the production fell 1.9% at 472,000 won in Seoul after Q1 profit collapsed 33 percent as raw materials costs have increased.In China, denied that the increase in the price of oil has fueled the inflation of the concern of the actions will accelerate and monetary tightening measures will increase. Crude rose high $113.07 per barrel in New York, intraday prices highest since 11 April Baoshan Steel lost 2.7 per cent to 7.12 yuan. "Anhui conch Cement Co., the largest cement manufacturer, fell 2.8 percent to 38.88 yuan in Shanghai, Sany heavy industry Co., the largest manufacturer of machines for the manipulation of concrete, 4.1 yuan 18.52% remote."Inflation is still the major concern and there is no sign that the Government will relax its tightening, said Wu Kan, a Fund Manager at the Dazhong insurance company, who oversees the $ 285 million. "The tightening retains the assessments of stocks."Central Bank PoliciesThe Shanghai Composite rose 5.6% this year on speculation that the Government to cool inflation without triggering a slowdown in economic growth. The Central Bank raised the ratio of the requirement to reserve 10 times since the beginning of 2010 and interest rates increased four times to cool inflation as consumer prices rose at the fastest pace since 2008 in constructors March.Japanese falls today after report domestic production for March, the month, an earthquake of magnitude 9 record and disturbed tsunami strings supply for manufacturers of the nation.Honda, who reported a slump of 63 per cent in production last month, fell by 1.3% to 3,105 yen, the third most large drag on the MSCI index of Asia Pacific. Toyota Motor Corp., the world largest manufacturer, fell by 0.6% to 3.275 yen after it said global production fell by 30%.Save sales "supply chains were torn from their roots," said Yoshifumi Kikuchi, head of the seizure in Nissan century Securities Co. in Tokyo. "It's always step clear if builders can get the parts that they need."South Korea, Kia Motors Corp., Builder of no. 2 in the nation, advanced 3.2% to 80,500 won after Yonhap News reported the company had sold a record number of vehicles in the first quarter. Hyundai Motor Co., more great constructor of South Korea, advanced 5.6% won 246, 000.Tokyo Electric Power Co., the operator of a nuclear power plant explosion by the earthquake and tsunami in the Japan last month, jumped 8.4 percent Yen 438. First step of the shares in eight days was also the largest in the Nikkei 225.A plan of Government to compensate the victims of the nuclear accident of Fukushima does not imply usefulness, publication the Nikkei newspaper reported on April 23, Mitsubishi UFJ Financial Group Inc.., who is the owner of 13.2 million shares Tokyo Electric, gained 1.1% 379 yen. Sumitomo Mitsui Financial Group Inc. increased 0.8% to 2,455 yen. The company holds shares Tepco 35.9 million, or 2.2 per cent of the utility.

-With the help of Akiko Ikeda and Toshiro Hasegawa in Tokyo, Zhang Shidong in Shanghai. Editors: Darren Boey, Shiyin Chen

To contact the reporters on this story: Anna Kitanaka in Tokyo, at akitanaka@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net

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Asian Stocks rise on Apple earnings; Aussie, or reach Records

April 20, 2011, 10: 26 pm EDT by Shiyin Chen and Satoshi Kawano

April 21 (Bloomberg)--Asian stocks rallying, the regional benchmark for lifting a maximum of six weeks, after Apple Inc. posted better profits than expected and as energy shares acquired. The Australian dollar and gold soared to records in the high price of oil concern will trigger inflation.

The MSCI Asia Pacific Index jumped 0.9% at 11 h 20 138.22 in Tokyo. The Standard & Poor 500 added 0.4% index futures contracts. Oil rose 0.6% in New York, however acquired by 0.2% and silver soared to a maximum of 31 years. Australian currency and Singapore reached new highs against the US dollar, while the euro advanced to a maximum of 15 months.Equities are spread over large global gathering of the year after Apple reported second-quarter profit nearly doubled. BEC Co. has jumped to a record after the large manufacturer of polycrystalline silicon for the Korea of the South, said profit is sweeping, while Chinese banks rallied after that Citigroup Inc. forecast of higher earnings. The Thailand to the Brazil central banks raised interest rates this week, while the Federal Reserve expected to maintain stimulus in the prospects of a weak recovery in the largest economy in the world. "American companies, especially tech stocks are wear well, and which helps to create confidence,"said Mitsushige Akino, who oversees the words of 600 million dollars in assets in Tokyo at Ichiyoshi Investment Management Co.""Investors are looking to take a little more risk".More than two titles is a magnet for each that fell on Asia Pacific the MSCI Index. The MSCI World Index increased by 0.3%, after having jumped 2% yesterday, the most since November 4. The rally over the previous two days added $ 1.1 billion to the values of global stock market, according to data compiled by Bloomberg.OCI, ABN ICBCSouth Korea index gained 1.2% to a record close. Advanced Taiwan of Taiex index of 1.5%. BEC jumped 8.8% in Seoul. Industrial & Commercial Bank of China Ltd. climbed to 1.4 percent in Hong Kong, stimulating a gain between Chinese lenders after Citigroup said that companies will report to an average of 27 percent in favour of the first quarter.Samsung Electronics Co. and Hon Hai Precision Industry Co. to the pace of gains between the suppliers of Apple. Rose Apple in commerce extended after the author of the iPhone and iPads declared per share profit of $6.40 a share, beating the average estimate analyst $ 5.39 per action in a Bloomberg survey. Qualcomm Inc., a major manufacturer of mobile phone chips, has also acquired after that display profit in the second quarter topped Analyst estimates.ScorecardMorgan Stanley and General Electric Co. are among the companies expected to release quarterly results today. Earnings per share exceeded the forecasts about 75 percent of the 76 companies in the S & P 500 that have reported results since April 11, help restore investor confidence after the S & P cut its rating for debt U.S. perspectives on 18 April. The & S P 500 increased 1.4% yesterday, the largest advance in a month, then that the Dow Jones Industrial Average soared to its highest level since June 2008.Energy shares sent the largest gains in Asialed by a jump of 3.7% in crude oil of Inpex Corp. has increased by 0.5% in $125.45 per barrel on the New York Mercantile Exchange, extending a jump of 2.9% yesterday which was the largest increase since March 17. Brent crude oil gained 0.4% to $124.34 per barrel on the ice Europe.Gold of future based in London for immediate delivery climbed as 0.3 per cent to a record $ 1,506.32 before once traded at $1,505.22. Advanced cash 1.2% to $45.7863 an ounce, defined for a seventh day of gains. Palladium has increased by 1.1%.Producer so-called PricesThe Aussie soared from 0.3% to $1.0743 after earlier reaching $1.0751, the highest since it was made freely float in 1983. A report of the Bureau of statistics today shows the Australia producer price index rose 1.2% in the first quarter, exceeding the median estimate of 14 economists surveyed by Bloomberg News for a 1% increase.Singapore currency have increased by 0.1% to $1.2359 S every dollar, taken in charge by the policy of the Central Bank of favouring a strong currency to tame inflation. Thai baht reached 29.90, its best level in 2011, after the Central Bank raised interest rates yesterday for the sixth time within a year. Ringgit of Malaysia reached a record of 13 years of 3.0066 on speculation of rate increases will resume after consumer prices rose in March at the fastest pace since April 2009. "Inflation data increase the chances of a rate increase this quarter, while it is still favourable to growth,", said Mr. Suresh Kumar Ramanathan, foreign to CIMB Investment Bank Bhd. Kuala Lumpur currency strategist." "Also, the risk of intervention is lowered with Asian currencies more WINS in tandem."The dollar weakened against 14 of his 16 major peers and traded yesterday to $1.4562 per euro of $1.4523 in New York. Previously, it reached $1.4575, the lowest since January 2010. The greenback dropped to 82.34 82.56 yen yen. The Dollar Index, following the currency against those of the six major trading partners, sank 0.4% to the lowest level since August 2008.A report today is expected to show U.S., house prices fell for a fourth month, outlining the prospects for the Federal Reserve will maintain monetary stimulus, even if the central banks in Europe and Asia increase interest rates. Home to the United States prices fell 0.3% in February, the federal housing finance agency will be today, said a survey of economists by Bloomberg News.

-With the help of Anna Kitanaka and Yoshiaki Nohara in Tokyo, Candice Zachariahs in Sydney and Weiyi Lim, David Yong and Ron Harui at Singapore. Editor: Patrick Chu

To contact the reporters on this story: Shiyin Chen to Singapore to schen37@bloomberg.net; Satoshi Kawano in Tokyo, at skawano1@bloomberg.net.

To contact the editor responsible for this story: Patrick Chu in Tokyo at the pachu@bloomberg.net

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Asian stocks rise as housing in United States, gains Boost confidence

April 20, 2011, 6: 31 pm EDT by Anna Kitanaka and Norie Kuboyama

April 20 (Bloomberg) - Asian stocks rose with regional index set for its biggest advance in nearly a month, as U.S. implemented site has acquired and revenues exceeded the estimates to companies, including Johnson & Johnsonthe largest in the world of signaling economy is recovering.

Major manufacturer of chip testing equipment, Japan, Advantest gained 3.4% after that Intel Corp. forecast of quarterly sales which can top estimates. BHP Billiton Ltd., the world largest mining company, won 1.2% in Sydney after the metal and the price of oil has increased. Samsung Electronics Co. acquired 4.7 per cent in Seoul after he agreed to sell his computer hard disk drive business. LG Chem Ltd., manufacturer of chemical products of the Korea of the South, jumped 5.6% after posting a 27 percent gain for the benefit of the first quarter.The MSCI Asia Pacific index advanced 1.8% to 136.69 at 6: 26 pm in Tokyo, the largest gain since March 22. Approximately five shares acquired for each that fell on the gauge 1 023-member. The measure fell 0.5% last week, reversing gains of three weeks. "Application to the United States, while he may step force that once again, slowly moves towards a recovery,"said Kiyoshi Ishigane, a strategist than Tokyo Mitsubishi UFJ Asset Management Co., who oversees the $ 84 billion. "Yesterday, that we have seen this dwelling in the United States was good, which means that the US economy is improving, and is being appreciated by the market today.".Nikkei 225 Stock average advanced Japan of 1.8%. S & P/ASX 200 Index the Australia rose by 1.4% and New Zealand NZX 50 index increased by 1%. Index of ABN Korea in South increased by 2.2 per cent, the largest gain among the benchmarks in the area.Index of Hong Kong Hang Seng rose 1.6% while Shanghai Stock Exchange index Composite China rose by 0.3%.StartsFutures housing United States on Standard & Poor of 500 index increased by 1.2% today, the largest advance since March 21. In New York, the index advanced 0.6% yesterday after the Commerce Department said construction implemented increased 7.2% in March from the previous month. Work began on 549,000 homes, exceeding forecasts median 520 000 economists surveyed by Bloomberg News.Johnson & Johnson, vendor of second most large world of health products, forecasts of earnings of the year for 2011 is $ 4.90 to $ 5 a sharemore than a month of January of 4.80 4.90 $ after the quarterly earnings forecasts exceeded estimates as a result of new drugs and a weakening of the dollar.Technology Intel ForecastsInformation of revenue sharing rose 2% today, the most among the 10 groups of industry of the index MSCI Asia Pacific in Tokyo, Advantest increased by 3.4% to 1,452 yen. Tokyo Electron Ltd., the largest producer of the Japan of chipmaking equipment, reached 4.1% yen issue. Taiwan Semiconductor Manufacturing Co., manufacturer of largest contract chips in the world, advanced 2.5 per cent for NT$ 69.8 in Taipei.Intel, largest chip manufacturer in the world, said revenue will be $ 12.8 billion, more or less $ 500 million. That compares with $ 11.9 billion, or the average of forecasts of analysts compiled by Bloomberg. "" You are seeing signs in Europe and the United States are always on the road to recovery, "said Hiroichi Nishi, a manager of shares in Tokyo to SMBC Nikko Securities Inc."Which helped ease the nerves."Producers of raw materials today had the second advance between the subgroups of the index MSCI Asia Pacifique.Produits RiseBHP reached 1.2% $47.23, the second largest at boosting in the MSCI index. Rio Tinto Group, the world of the second - most large mining company by sales, 1.2% leading to a $83.12. Inpex Corp., of Japan more great oil and gas Explorer, have jumped from 3.1% to 601,000 yen. Producer offshore energy China CNOOC Ltd., gained 3% oil of 19.46.Crude of HK$ for June delivery gained 0.6% yesterday to $108.12 per barrel in New York after data of U.S. starts fueled speculation that may increase the demand for fuel. The London Metal Exchange Index six metals, including copper and aluminum increased by 1%, the largest gain of nearly two weeks.The MSCI Asia Pacific Index lost 2.5% this year through yesterday, compared to earnings of 4.4% by the & S P 500 and a decline of 0.5% by the Stoxx 600 Index of Europe. In the Asian benchmark stocks are valued at 12.9 times considers an average of the earnings, compared to 13.5 times for the S & P 500 and 11 times for the 1600 Stoxx Samsung sells UnitAmong other stocks rose, Samsung Electronicsbig manufacturer than chips of memory, 4.7% 916,000 won, the greatest support for the MSCI index advanced. Seagate Technology Plc agreed to buy hard disk drive business unprofitable of Samsung 1.38 billion, allowing Samsung to concentrate on its chip operations, the company said.LG Chem has also increased in Seoul, jump to 549,000 won 5.6%, its highest close on record. The petrochemical enterprise will support "high profitability" in the second quarter as plant maintenance by its rivals will limit supply at a time when the demand for chemical products is rising, Director General Kim Bahn Suk said yesterday investors. Net income rises to 656.6 billion won ($601 million) in the three months ending March 31 of 517.7 billion won a year earlier, the company said.LG Corp., the holding company of the Group LG of the Korea of the South including LG Chem climbed 10 per cent to 96,600 won in Seoul, the largest gain on the MSCI Asia Pacific Index, after Daishin Securities Co. said the shares are "grossly undervalued." The actions are directed to their highest close since January 2000.

-With the help of Satoshi Kawano in Tokyo. Editor: Brian Fowler, Nick Gentle.

To contact the reporters on this story: Anna Kitanaka in Tokyo at the akitanaka@bloomberg.net; Norie Kuboyama in Tokyo, at nkuboyama@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net

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Asian stocks won Gain on earnings, economic data; Increases in copper

April 20, 2011, 8: 52 am EDT by Stephen Kirkland

April 20 (Bloomberg)--Stocks increased the most in a month and U.S. future index gained as Intel Corp. sales forecast and the results of company in Europe and Asia Beats estimates. Advanced products, while the yen and the Treasury bills fell.

The MSCI World Index jumped 1.2% at 8: 45 a.m. in New York, the largest increase on the basis of closure since March 21, and emerging markets shares rallying more than eight months. Standard & Poor 500 Index future rose by 1.3%. The yen depreciated against all 16 of his peers traded for the most part, while the yield on the note of 10-year US Treasury rose three basis points, and the remote Irish binding. Raw sugar and oil led products most high while gold transferred over $1,500 an ounce for a second day.Intel said yesterday income can top the estimates of analysts in the second quarter. L'Oreal SA, manufacturer of cosmetics most, reported sales rose to 9.3%, and LG Chem Ltd. of South Korea has posted a jump of 27 percent in favour. Earnings per share exceeded forecasts 78 percent of 46 companies in the S & P 500 that have reported results since April 11, help restore investor confidence after the S & P cut its rating for debt U.S. perspectives on 18 April. Apple Inc. is among more than 30 companies due to report results today. "" You are seeing signs in Europe and the United States are always on the road to recovery, "said Hiroichi Nishi, a manager of shares in Tokyo to SMBC Nikko Securities Inc."Which helped ease the nerves."UN'ALTRA PeugeotThe Stoxx Europe 600 index advanced 1.6% for the first gains back to back in two weeks. STMicroelectronics NV, largest chip manufacturer in Europe, grew by 6 percent and ASML Holding NV, the largest manufacturer of semiconductor-equipment, jumped to 6.6 per cent. L'Oreal SA increased by 3.3%. PSA Peugeot Citro?n acquired 4.7% as the second largest constructor of Europe posted an increase of 10% of revenue in the first quarter.The increase in the S & P 500 futures indicated that gauge extend advance of 0.6 per cent of yesterday, the biggest gain this month. Intel dropped 6.3% in trade before the sale. Yahoo! Inc. has increased by 4.5% as the most visited U.S. Web portal was in the first quarter of sales that topped estimates. Apple iPhone manufacturer, rose by 1.5 per cent .at & T Inc., the largest U.S. phone carrier, had profit in the first quarter of 57 cents a share, corresponding to the average analyst estimate in a Bloomberg survey. The stock increased by 0.9%.A report by the National Association of Realtors to 10 hours. New York Times can show sales of U.S. existing homes acquired 2.5% in March after that tumbling 9.6% the previous month, according to the median forecast of 74 economists surveyed by Bloomberg News.Emerging MarketsThe markets new MSCI Index of 2.1% stir-frydefined for the steepest gain since August. A measure of stocks in the MSCI gauge technology agrees with 3.6%, the most since May 2009. Kospi Index Korea of the South jumped 2.2 percent to a record, while Taiex Index of Taiwan increased by 2%. Russian stocks increased by 1% of the higher oil, while landmarks in Poland, Hungary and South Africa rallies at least 1.4% .l ' index S & P GSCI 24 products rose by 1.2%. Raw sugar has increased by 1.8% and crude oil rose from 1.4% to $109.76 US per barrel in New York. Gold for delivery in June climbed up to 0.7% to a record $ 1,506.20 an ounce and transferred to $1, future 501.60.Wheat increased by 2.2 per cent, the fourth gain, set for the longest since January advance, dry speculation in Europe and the United States will restrict cultures. Advanced rice of 2.3%.The yen weakened by 0.2 per cent against the dollar and fell 1.5% against the euro. The Dollar Index, which follows the motto of the United States against those of six commercial partners, fell 0.9%, extending the decline of 0.6 per cent yesterday.Euro PoundThe euro reinforced 1.3% against the dollar and 1.5% against the yen. The weakened pound 0.9 per cent against the euro after the minutes of the Bank of England showed policymakers voted 6-3, to keep interest rates on hold them this month, as the majority said that data on the economy in the previous month were "probably the downside."The Swedish Crown advanced 0.2 percent against the euro after the Central Bank raised its rate of reference for the sixth time since July and kept a forecast for the next unchanged increases. Reinforced Thai baht 0.3 per cent against the dollar after the Bank of Thailand increased the rate of redeeming the bonds of a day for the third time this year.Treasury bills fell, snapping a gain of three days, with the performance of five-year note forward four basis at 2.10% points. The yield on the 10-year German bund rose four basis points, rising for a second day. Performance on Irish debt jumped to 19 basis points, increasing the sixth day, the longest run of increases since February 15. The performance of 10 advanced Portuguese years 13 basis points, climbing for the seventh day, with performance Greek up to 17 basis points.The cost of insuring Greek debt is passed 30 basis points, to a record 1,271 basis points according to CMA Award for credit - default swaps. The cost of signals a chance to 66% of the default within five years.

-With the help of Claudia Carpenter, Andrew Rummer, Dan Cuddies and Jason Webb in London. Editors: Stephen Kirkland, Michael Regan

To contact the reporter on this story: Stephen Kirkland in London at skirkland@bloomberg.net.

To contact the editor responsible for this story: Paul Sillitoe at psillitoe@bloomberg.net.

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Decline of Asian Stocks as Won, Kiwi Drop on U.S. rating Outlook

April 18, 2011, 11: 15 am EDT by Shiyin Chen and Anna Kitanaka

April 19 (Bloomberg)--Asian stocks fell, sending the benchmark in the region to its largest loss in five weeks, while the South Korea won and the New Zealand dollar has led to a decline of higher yield currencies after Standard & Poor's credit Outlook cut on the United States to negative.

The MSCI Asia Pacific Index dragged 1.4 percent to 133.77 11: 45 am in Tokyo. Future on the S & P 500 Index dropped by 0.5%. The won weakened from 0.5% to 1,093.30 every dollar, while the so-called kiwi dropped by 0.6% to 78.61 U.S. cents. The yen climbed against the 16 most actively traded counterparts. Japanese Government bond futures rose for a fifth day, then that recovered copper a drop of six days.Japanese exporters led to losses, extending to a global slump in stock markets, after S & P to the Government of the United States notice that it risks losing its AAA credit rating, unless decision makers to agree on a plan in 2013 to reduce budget deficits and national debt. "In Europe, an economic report today can display manufacturing slowed growth, as concern that the worsening of the debt crisis the region sent Greek and Portuguese bond yields surging.""If we get to a point where the United States has its debt downgraded, the deflationary effects will be felt in the world," said Tim Schroeders, that allows to manage about 1 billion dollars to Pengana Capital Ltd. in Melbourne. "A lot of credit is a price excluding U.S. denominated debt and these effects will be felt around the world."Approximately eight shares fell to everyone who has acquired Asia Pacific Index of MSCI, which has been set for its steepest loss since March 15. Nikkei 225 Stock average of the Japan fell 1.5%, with Toyota Motor Corp. in decline of 2.8%.Chip EarningsInpex Corp. fell by 2.2 per cent while BHP Billiton Ltd. sank at 1.8% after a decline in prices yesterday. Newcrest Mining Ltd. slipped 1.3% after the largest gold mines in the Australia company reduce its production for a second time.LG Display Co. jumped 5.1 per cent after the second - largest manufacturer of flat world reported a loss that is smaller than analysts estimates. Advantest Corp. and Elpida Memory Inc. has decreased more than 4.3% each, stimulation of losses among connected after the computer chip companies as Texas Instruments Inc. forecast revenue in the second quarter and profit which did not estimates of some analysts.Texas Instruments has decreased in trade extended after the largest manufacturer of analog-chip forecast of profit in the current quarter will be 52 cents to 60 cents a share on sales of 3.41 to 3.69 billion. Which is comparable to the estimate of the average analyst 63 cents to profit on 3.53 billion in sales, a Bloomberg survey. Goldman Sachs Group Inc. and Johnson & Johnson are among the companies expected to release quarterly results today.U.S. OutlookThe S & P 500 dropped 1.1% yesterday, its steepest since March 16 loss, as S & P, has said there is a chance of one in three U.S. rating could be cut in two years and that his "basic premise" is that Congress and the administration of Obama will come to terms on a plan to reduce Records.Rendements deficits over 10 years treasuries were little changed at 3.37% after having declined yesterday the three basis points. Noda of Yoshihiko for the Minister of Finance of the said Japan U.S. debt continues to be an "attractive investment", and economic and fiscal policy Minister Kaoru Yosano said that Treasury would still "titles of very good quality" even if the rank was lowered.Performance of 10 years to the point of reference of the Japan fell to a point of basic-1.235%, while the future of the obligation of 10 years for June delivery gained 0.17 to 139.53 on the Tokyo Stock Exchangewhich extends from their series of victories in the longest eight months. "Fearing" market "really sums up how much time the market may remain fearful on Europe and the United States," said Adam Carr, a senior economist in Sydney in Australia Ltd., a unit of brokers broker ICAP largest in the world. "" " Risk aversion generally assumes a repatriation of funds into yen. "The Philippine peso dragged 0.3 per cent to 43.355 by dollar and Taiwan dollar weakened from 0.2% to NT$ 29.156. The Australian dollar declined from $1.0485 of $1.0509 yesterday.The yen traded at 82.54 82.66 dollar in New York yesterday, when he moved to 82.19, the highest since March 29. Currency of the Japan was a euro 117.66 117.33. The dollar bought $1.4215 a 1.4235.The euro $ purchase index of managers for the manufacture of the Euroregion dropped to 57.0 in April of 57.5 in March, according to the median estimate of economists in a survey of Bloomberg News before data due today. Readings above 50 indicate expansion.Greek CrisisYields over two years the Greek notes climbed above 20 percent yesterday and swaps of credit - default signal a chance to 64.5% of default within five years, while the representatives of the nation, said the restructuring is not being discussed. Portuguese yields two and 10 years also reached the euro-ère records.Gold for immediate delivery traded at $1,491.30 an ounce. Bullion reached a record level of $1,497.90 yesterday. Copper for the delivery of three month won 0.6% to $9,279 per metric tonne on the London Metal Exchange, halting a slump of 6.6 per cent of six days. Wheat gained 0.6% to $8.1550 a bushel, which extends from the wave of 3.9% yesterday, as conditions of winter crops, to the United States the largest exporter, has deteriorated.Oil for may delivery slipped 0.4% to $106.75 US per barrel on the New York Mercantile Exchange, after the fall of 2.3% of yesterday.

-With the help of Candice Zachariahs Sydney, Yoshiaki Nohara in Tokyo and Masaki Kondo, Ron Harui and Wes Goodman at Singapore. Editor: James Poole

To contact the reporters on this story: Shiyin Chen at Singapore at schen37@bloomberg.net. Anna Kitanaka in Tokyo, at akitanaka@bloomberg.net.

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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Fall of Asian Stocks as U.S. credit Outlook cut; Oil price drop

April 18, 2011, 10: 49 am EDT by Anna Kitanaka

April 19 (Bloomberg)--Asian stocks fell, leading the benchmark index to its largest decline since March 15, after that Standard & Poor ratings Service cut the long-term prospects of credit U.S., fueling concern that a recovery in the global economy could slow.

Toyota Motor Corp., Builder of no. 1 in the world, fell by 2.8% in Tokyo. BHP Billiton Ltd., more important of the Australia oil producer, fell by 1.8 per cent after oil and metals prices declined. Samsung Electronics Co. lost 0.9% in Seoul after Apple Inc. filed a lawsuit alleging infringement of trade mark. Advantest Corp., the second manufacturer of semiconductor test equipment, collapsed 4.3% in Tokyo after Texas Instruments Inc. forecasts of revenue and profits which did not estimates of some analysts.The MSCI Asia Pacific Index fell 1.4 percent to 133.75 at 11: 41 am in Tokyo, with approximately eight shares for each abandonment which climbed on the gauge 1 023-member. The measure fell 0.5% last week, reversing three consecutive weeks of gains. "" If we get to a point where the United States has its debt downgraded, the deflationary effects will be felt in the world, "said based in Melbourne Tim Schroeders, of Pengana Capital Ltd., which manages approximately $ 1 billion. "A lot of credit is a price excluding U.S. denominated debt and these effects will be felt around the world."Nikkei 225 Stock average of the Japan fell by 1.5%. S & P/ASX 200 Index the Australia collapsed 1.3% and index of 50 of NZX lost New Zealand 0.7%. Index of the Korea of southern ABN slipped 1 percent.Hong Kong Hang Seng index fell 1.3% while Shanghai Stock Exchange index Composite China fell by 1.4%.U.S. FuturesFutures on Standard & Poor of 500 index fell 0.5% today. In New York yesterday, the S & P 500 lost 1.1%, the largest decline since March, after S & P lowered its Outlook on U.S. credit outlook to "negative".Toyota, which account in North America as its largest market, fell 2.8 percent to 3,135 yen, the biggest drag on the MSCI index of Asia Pacific. Canon Inc., manufacturer of camera more, sank from 1.9% to 3,550 yen. In Sydney, James Hardie Industries SE, the largest seller of siding home in the United States, decreased 2 percent to a risk of Government 5.88.The U.S. $ losing its AAA credit rating, unless decision makers to agree on a plan in 2013 to reduce budget deficits and national debtthe rating agency said. "Medium term" concerns & P has said there is a chance of one to three that the rating may be cut in two years and that its "basic assumption" is that the Congress and the administration of Obama will come to terms on a record deficit-reduction plan. " "It is clearly a concern about how the United States manages the debt in the medium term," said Schroeders.BHP decreased by 1.8% to $46.655, the second most large drag on the MSCI index of Asia Pacific. " Rio Tinto Group, society of second mining of the world by sales, fell by 2.2 per cent for a $82.15. Inpex Corp., of Japan more great oil and gas Explorer, dropped 2.2 percent to 585 000 yen.For may delivery slipped 2.3% to $107.38 per barrel in New York, close to a minimum of three days after China, second more large consuming nation in the world crude, increased Bank reserve requirements to cool inflationdemand of fuel traffic growth may slow down of crude oil. The London Metal Exchange Index six metals collapsed 1.9% yesterday, the lowest since March 16 the MSCI Asia Pacific Index lost 1.5 percent this year through yesterday, compared to earnings of 3.8%, the S & P 500 and 1 per cent by the Stoxx 600 Index of Europe. In the Asian benchmark stocks are valued at 13 times estimated in average earnings, compared to 13.4 times for the & S P 500 and 10.9 times for Stoxx 600.

-With the help of Norie Kuboyama in Tokyo. Editor: Nick Gentle.

To contact the reporter on this story: Anna Kitanaka in Tokyo, at akitanaka@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net

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Most Asian Stocks rise as automakers Gain of Japan, BHP retreats

April 12, 2011, 9: 16 pm EDT by Anna Kitanaka

April 13 (Bloomberg) - Asian stocks oscillés between gains and losses that Japanese automakers gained after Nomura Holdings Inc. said the actions have been "survendues," offset downward by the producers of the products at low prices of oil and metal.

Toyota Motor Corp., the world largest manufacturer, rose by 0.8%, while Honda Motor Co., manufacturer of no. 2 of the Japan by the market value, increased by 2.1%. BHP Billiton Ltd., the world no. 1 mining company, fell by 0.9% in Sydney. Mitsubishi Corp., trader products most important to the Japan, lost 1.2% in Tokyo. Kansai Electric Power Co. led less generating energy in the Japan after the Yomiuri newspaper reported other utilities can be invited to contribute to compensate the victims of the accident at the nuclear plant of the Tokyo Electric Power Co. Fukushima Dai - Ichi .the MSCI Asia Pacific Index was little changed at the 134.74 10 h 12 in Tokyo. The measure fluctuated between gains and losses at least five times today.About three stocks gained for both fell on the Asia-Pacific MSCI index. The gauge has increased for three consecutive weeks, as Japanese companies resumed production after the earthquake of last month, and as an improvement in the US economy strengthened optimism the global recovery can be maintained.Nikkei 225 Stock average of the Japan gained 0.5%, the first advance in three days. S & P/ASX 200 Index the Australia rose by 0.3% and New Zealand of NZX 50 index slipped 0.1%. The index of the Korea of southern ABN added 0.3 percent.U.S. StocksFutures index Standard & Poor of 500 acquired 0.2% now. Yesterday, the measure fell 0.8 percent, as the Japan increased the rating of the gravity of the nuclear crisis to the highest level, oil plunged and estimates of sales in Alcoa, the largest producer of aluminum of U.S.failed.Discretionary inventory of consumers, including Japanese manufacturers increased the biggest advantage of the 10 MSCI index of Asia Pacific industry groups today.Nomura has reiterated its "buy" rating on Honda, saying that the stock was oversold as income of the company should recover sharply in the second half of the year ending in March 2012. The brokerage said gains of Nissan Motor Co. would also be rebounding after an earthquake record and tsunami March 11 damaged supply chains and disrupted production.Crude oil for may delivery plunged 3.3% to $106.25 US per barrel in New York yesterday, the lowest since March 30, after Goldman Sachs Group Inc. provide a "substantial" correction of the price of fuel. The International Energy Agency and the Monetary Fund International said that over US $100 a barrel oil prices begin to hurt the world economy.Japanese electricity companies may be invited to contribute to a compensation fund for victims of the accident at the nuclear plant of Tokyo Electric Power Co. Fukushima Dai-Ichi, said the newspaper Yomiuri.Utilitaires can contribute as much as 50 billion yen for each nuclear plant they operatethe newspaper reported, without saying where it obtained the information.The MSCI Asia Pacific Index lost 2 percent this year through yesterday, from gains of 4.5 per cent by the & S P 500 and 0.2 per cent by the Stoxx 600 Index of Europe. In the Asian benchmark stocks are valued at 13.1 times considers an average of the earnings, compared to 13.5 times for S & P 500 and 11.2 times for Stoxx 600.

-Editors: Nick Gentle.

To contact the reporter on this story: Anna Kitanaka in Tokyo, at akitanaka@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net.

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