Michael Kurtz News
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Asian stocks rose, led by mining companies, after faster-than-forecast U.S. employment growth bolstered optimism in the world’s largest economy, pushing a regional equities gauge toward a ten-week high.
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Australian stock futures fell and Japanese futures were little changed, with benchmark gauges in both countries heading for weekly declines, after an index of leading U.S. economic indicators unexpectedly dropped.
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Asian stocks rose, with the Nikkei 225 Stock Average climbing to a 4 1/2-year high after the Bank of Japan’s unprecedented stimulus. Chinese and Taiwanese shares fell after more infections from a deadly new strain of bird flu.
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Michael Kurtz, Hong Kong-based head of global equity strategy at Nomura Holdings Inc., Japan’s largest brokerage, comments on Europe’s debt crisis. He spoke in an interview at an equity forum in Singapore.
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Michael Kurtz , head of Asian strategy at Macquarie Capital Securities Ltd., comments on the outlook for Indian and Chinese stocks. He spoke in an interview in Mumbai today.
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More than a century and a half after Millard Fillmore dispatched an emissary to Asia to transform commerce across the Pacific, a U.S. president again sees an historic opportunity to strengthen America’s role in the region.
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China’s stock-index futures will allow investors to hedge risks from potential asset bubbles and make equities cheaper in the long-term, according to Macquarie Group Ltd., Australia’s largest investment bank.
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Japanese stock futures rose as faster-than-forecast jobs growth in the U.S. boosted investor optimism in the global recovery and as the yen weakened amid speculation the Bank of Japan will increase monetary easing.
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Most Asian stocks outside Japan fell this week as investors locked in profits after a rally through the first week of the year and amid mixed economic reports from China.
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Asian stocks fell, sending the regional benchmark index lower for a second day, as earnings results from HTC Corp. missed estimates and Japanese exporters declined after the yen strengthened.
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