Investing

  • Shares rise, investors see brighter U.S. economy

    March 19 2012 1:40 AM

    Asian shares edged higher and the dollar was steady against the yen on Monday after the U.S. market hit an almost four-year high last week and with higher European stocks reflecting signs of growing stability in the euro zone.

  • Iran buys U.S. wheat again, trade set to grow

    March 16 2012 10:32 AM

    Iran has purchased 60,000 tonnes of U.S. wheat, the U.S. government said on Thursday, raising the two-week tally to 180,000 tonnes, which industry sources said reopened grain trade ties between the two countries embroiled in a stand-off over Tehran's nuclear ambitions.

  • LME bidders may cut costs, up volume to justify price

    March 16 2012 8:16 AM

    Bidders for the London Metal Exchange may need to slash costs, boosting electronic trading and shifting to self-clearing to justify a rich price tag of 1 billion pounds or more.

  • Shares consolidate, dollar steadies after rally

    March 16 2012 2:32 AM

    Asian shares steadied on Friday while the dollar took a breather after its recent broad rally spurred profit-taking, with some investors wondering if a fresh batch of encouraging economic data would put further upward pressure on U.S. yields.

  • Shares consolidate, dollar faces profit taking

    March 15 2012 11:48 PM

    Asian shares edged higher on Friday while the dollar took a breather as its recent broad rally spurred some profit taking, with a fresh batch of encouraging U.S. economic data further underpinning investor sentiment.

  • China halts 10 more Airbus orders: sources

    March 15 2012 2:08 PM

    China has suspended the purchase of 10 more Airbus jets, two people familiar with the matter said on Thursday, raising the stakes in a potentially damaging trade row over European Union airline emissions charges.

  • Iran struggles to buy Southeast Asian palm oil as sanctions bite

    March 15 2012 5:08 AM

    Iran has not managed to buy palm oil from Southeast Asia despite paying for some backdated orders with other currencies apart from the U.S. dollar as Western sanctions bite, traders said.

  • Reshuffle at Japan's Sharp blunts expectation for change

    March 15 2012 4:08 AM

    An expected $3.5 billion record net loss as TV sales slumped is raising a red flag with investors worried that Sharp has fumbled its business strategy. Takashi Okuda's appointment as its new boss suggests it is not about to flinch and abandon making TVs.

  • Analysis: Sharp reshuffle blunts expectation for change

    March 15 2012 3:24 AM

    An expected $3.5 billion record net loss as TV sales slumped is raising a red flag with investors worried that Sharp has fumbled its business strategy. Takashi Okuda's appointment as its new boss suggests it is not about to flinch and abandon making TVs.

  • Dollar gains; shares slip on China growth woes

    March 15 2012 1:40 AM

    Asian shares eased on Thursday on renewed concerns about Chinese growth, but a brighter global economic outlook underpinned the dollar and kept investor risk appetite intact, reducing the appeal of safe-haven government debts.

  • Shares ease on China growth worry, dollar firm

    March 15 2012 1:08 AM

    Asian shares eased on Thursday on renewed concerns about Chinese growth, but a brighter global economic outlook underpinned the dollar and kept investor risk appetite intact, reducing the appeal of safe-haven government debts.

  • Exclusive - Obama, Cameron discussed tapping oil reserves - sources

    March 14 2012 11:48 PM

    Barack Obama and David Cameron discussed the possibility of releasing emergency oil reserves during a meeting on Wednesday, two sources familiar with the talks said, the first sign that Obama is starting to test global support for an effort to knock back near-record fuel prices.

  • Magnitude 6.1 quake jolts eastern Japan, no tsunami warning

    March 14 2012 10:24 AM

    An earthquake with a preliminary magnitude of 6.1 hit east of Tokyo on Wednesday but no tsunami warning was issued and there were no initial reports of damage or troubles at area nuclear plants, the Japan Meteorological Agency and local media said.

  • Japan's Sharp names new president as losses mount

    March 14 2012 6:40 AM

    Sharp Corp named the head of its global operations as president to turn around a company facing a record annual loss, the latest Japanese firm to shake up management after tumbling into the red on slumping TV sales.

  • Upbeat U.S. data, Fed view fuel appetite for shares

    March 14 2012 2:16 AM

    Asian shares rose on Wednesday as upbeat U.S. economic data plus signs of improving capital positions at big American banks stoked appetites for risk, while reduced expectations for more monetary easing by the Federal Reserve underpinned the dollar.

  • Increased risk appetite lifts shares after data, Fed

    March 14 2012 1:00 AM

    Asian shares rose on Wednesday as upbeat U.S. economic data boosted investors' risk appetite, while reduced expectations for further monetary easing by the Federal Reserve underpinned the dollar.

  • Asian shares firm ahead of Fed; yen up after BOJ

    March 13 2012 4:16 AM

    Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady.

  • GLOBAL MARKETS-Asian shares firm ahead of Fed; yen up after BOJ

    March 13 2012 3:00 AM

    Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady.

  • Asian shares rise ahead of Fed, BOJ

    March 13 2012 12:24 AM

    Asian stocks rose to their highest in a week, while the dollar hovered below an 11-month high against the yen on Tuesday, supported by recent signs of improvement in the U.S. economy, ahead of a policy decision by the Federal Reserve.

  • Shares pause after U.S. jobs, monetary policy in focus

    March 12 2012 4:00 AM

    Asian shares fell on Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations of more easing ahead of this week's Federal Reserve meeting, while uncertainty over Chinese growth also weighed on sentiment.