Posted by Financial Market News on May 31st, 2010
Asian stocks fell Tuesday in the absence of fresh cues following a market holiday in the U.S. Japan's Nikkei 225 stock average fell 82.22 points, or 0.8 percent, to 9,686.48 and Australia's S&P/ASX 200 dropped 0.7 percent to 4,401.10. In Seoul, the Kospi lost 0.6 percent to 1,630.41 and Taiwan's benchmark fell 0.9 percent to 7,307.16. Hong Kong's ...
Posted by Financial Service News on May 31st, 2010
" After BP PLC failed once again to plug the worst oil spill in U.S. history, the British corporate giant faces what could be an even bigger challenge: justifying its continued existence.
Posted by Financial Market News on May 31st, 2010
A file photograph shows the Toronto Stock Exchange, front middle, and the Bank of Montreal, right.
Posted by Financial Service News on May 31st, 2010
Goldwind is offering 395.3 million new shares at HK$19.80 to HK$23 each, said the people, who declined to be identified before an official announcement.
Posted by Financial Market News on May 31st, 2010
Japan isn't completely immune to the debt concerns surrounding Europe but recent economic data may support the argument that the nation's a bit more resilient than others in Asia.
Posted by Financial Service News on May 31st, 2010
BP's German-listed shares fell on Monday in a preview of what's to come when its more actively traded New York- and London-listed shares resume trade after a three-day break.
Posted by Financial Market News on May 31st, 2010
Israeli stocks declined on Monday, led by with particular weakness in Teva Pharmaceutical, the telecom providers and the banks.
Posted by Financial Service News on May 31st, 2010
European Central Bank President Jean-Claude Trichet on Monday denied that an Anglo-Saxon conspiracy was to blame for the rapidly falling euro as he sidestepped questions over a clash with his potential successor and over Spanish bank health.
Posted by Financial Market News on May 31st, 2010
European stock markets were mostly flat Monday as investors shrugged off more sobering news about shaky government finances amid new signs Asia's economies are pushing ahead with their recovery.
Posted by Financial Market News on May 31st, 2010
European stocks were battling to stay positive on Monday, with Spanish stocks weighed down by a sovereign-debt downgrade by Fitch late last week, while the Portugal and Greece markets were also weak.
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