Tag Archives: Asian stocks

Asian equities have lagged the global stock market rally since the start of the year, but according to HSBC, Asian stocks could still deliver a 20 percent upside by the end of 2013. Devendra Joshi, equity strategist for Asia Pacific at HSBC said that based on the current consensus estimates of 13 percent earnings growth for Asian stocks this year, …

Feb. 23 (Bloomberg) — Asian stocks fell as reports signaled slowing global economic growth and Hewlett-Packard Co. forecast profit that missed estimates. The euro advanced for a second day, while oil declined from a nine-month high. The MSCI Asia Pacific Index declined 0.2 percent as of 3:28 p.m. in Tokyo. Euro Stoxx 50 Index futures and Standard & Poor’s 500 …