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Stock impact report

Asian stocks retreat and oil tops $100 despite fresh records on Wall St [Yahoo! Finance Canada]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
oil prices climbed above $100 a barrel as investors reacted to shaky prospects for more talks on ending the war with Iran. U.S. futures also fell back after indexes on Wall Street a day earlier, helped by strong corporate earnings. Markets in Japan and South Korea briefly touched new records, driven by buying of tech shares. Tokyo's Nikkei 225 lost 0.8% to 59,140.23 after climbing to 60,013.98. South Korea's Kospi closed 0.9% higher at 6,475.81 after briefly surpassing 6,500. The government reported a better-than-expected 1.7% annual economic growth rate for the January-March quarter, boosted by strong exports, particularly of computer chips used in the boom. Hong Kong's Hang Seng shed 1% to 25,901.38, while the Shanghai Composite index fell 0.3% to 4,093.25. Australia's S&P/ASX 200 declined 0.6% to 8,793.40. Taiwan's Taiex lost 0.4% and the Sensex in India sank 1%. A growing sense of unease over prospects for an end to the , which is in its eighth week, is weighing on i Show less Read more
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