Japanese shares rise on US gains, oil Syracuse | TOKYO (AP) - Japanese shares rose for the third straight session Thursday, lifted by further gains on Wall Street and a continuing slide in oil prices. | The benchmark Nikkei 225 index increased 290.38 points, or 2.18 percent, to close at 13,603.31. | "The index was supported by external factors s...
Malaysia's inflation hits 27-year high CNN | KUALA LUMPUR, Malaysia (AP) -- Malaysia's annual inflation rate spiraled to a 27-year high in June after a fuel price hike sent the cost of food and transport soaring, the government said. | Consumer prices in June rose 7.7 percent compared with the same month in 2007, more than double the 3.8 per...
Today's Asia markets: Oil hits seven-week low, supports stock rally Canada Dot Com | HONG KONG - Oil prices fell to a seven-week low below $125 a barrel on Thursday as U.S. energy demand was seen reaching a tipping point, sending investors into Asian stocks for the fourth consecutive day. | A retreat in oil prices and signs of impr...
Southwest earnings improve, beating Wall Street expectations Asbury Park Press | Southwest Airlines Co. earned a profit in the second quarter and beat Wall Street expectations by continuing to rely on financial deals that lowered its fuel costs. | Revenue increased by 11 percent, as Southwest raised fares. | But in a nod to hig...
Kenya bourse down, but market players bullish The Guardian By Wangui Kanina NAIROBI, July 24 (Reuters) - Kenya's main share index fell to a three-month low on Thursday after weeks of the bourse's largest company dominating activity but market players expected it to pick up ahead of financial results in comin...
China shares rise, led by real estate The Boston Globe | SHANGHAI, China—Chinese shares rose Thursday, led by gains in real estate and financial stocks on optimism that lower oil prices might ease inflation pressure and improve the economy's outlook in the second half. | The benchmark Shanghai Comp...
AP / Kin Cheung
Asian stocks close mostly higher Dawn | HONG KONG, July 23: Asian shares rose sharply on Wednesday following an oil price tumble, with India surging nearly six per cent after the country's ruling coalition survived a p...
Wall Street rises as oil tumbles again The Australian | WALL Street rose modestly amid another sharp decline in oil and an extension of the improbable rally in beaten-down banking shares. Analysts said the market also got a lift from ...
Stronger dollar sends oil, other commodities lower Houston Chronicle TOOLS | Crude oil, precious metals and crops declined as a stronger U.S. dollar limited the appeal of commodities as a hedge against inflation. | Oil has lost more than 15 percent ...
Jobless claims shoot up to 406,000 as companies retrench amid economic slowdown Star Tribune | WASHINGTON - Jobless claims shoot up to 406,000 as companies retrench amid economic slowdown. document.write(' | document.write(' Blog: Patent Pending | Spineology Inc. said Monday that it has raised $7.5 million from a private placement. Th...
Qualcomm issues revised outlook, earnings fall short of Wall Street expectations Newsday | SAN DIEGO (AP) _ Qualcomm, the world's largest maker of chips that run cell phones, issued revised earning estimates Thursday that fall short of Wall Street targets. | Qualcomm said earnings per share, excluding stock-based compensation and other c...
Stocks head for mixed open ahead of housing data Fresno Bee | NEW YORK (AP) Wall Street headed for a mixed open Thursday as investors eyed the release of key data on the troubled housing market and sifted through another stream of earnings reports. | A fresh reading on sales of existing homes will likely show...
