Search Results for: asia
Gold nears worst week since March as stocks climb, demand falls
May 30th, 2014
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates throughout, changes dateline, pvs SINGAPORE) Gold steadied on Friday ...
Japan faces inflation growth
May 30th, 2014
The Japanese government said Friday that Japan’s consumer prices rose 3.2 percent from a year earlier in April to the highest level since 1991, largely due to a sales tax increase that is expected to dent growth this quarter. Other ...
Tesco and China Resources Enterprise agree on retail deal
May 29th, 2014
Tesco has come into a deal with the state-run China Resources Enterprise (CRE) in order to start the largest food retailer in China. The joint venture will combine Tesco’s 131 outlets in the country with CRE’s almost 3,000 stores, ...
Stocks break more records
May 28th, 2014
Wall Street celebrated the unofficial start of summer with a sizzling performance. Stocks raced to all-time highs on Tuesday as investors cheered positive economic reports in the U.S. and a wave of buying in Europe over the long weekend. ...
Japanese Lawmakers to Lobby Abe for Russian Gas Pipeline
May 28th, 2014
Japanese lawmakers are reviving efforts for a 600 billion yen ($5.9 billion) natural gas pipeline from Russia, which last week signed a supply deal with China, to cut energy costs after the Fukushima nuclear disaster. A group of 33 ...
Dear Investors: China’s Problems Are Your Problems
May 27th, 2014
I have long argued that it will take a sizable shock to switch the current “risk on” investment climate to one of “risk off.” The robust U.S. stock market persists even though the housing recovery has stagnated, labor markets ...
Euro hits three-month low after German data surprise
May 23rd, 2014
Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
Dollar better bid after data, euro hobbled by rate cut view
May 23rd, 2014
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...
Vietnam Offers Help To Companies After Deadly Anti-China Riots
May 22nd, 2014
Vietnam will compensate businesses hit by anti-China riots, which exploded across the country last week over a territorial dispute in the South China Sea. Factories were torched and at least four workers were killed, according to the Metallurgical Corporation ...
