International Business News - Markets http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Japan's key stock index extended its longest slide in more than a half-century, as record oil prices intensified concerns over the impact on corporate earnings and consumer demand. http://www.ibtimes.com/data/articleimgs/85517-japan-markets.jpg http://www.ibtimes.com/articles/20080704/japans-key-stock-index-extends-losses.htm http://www.ibtimes.com/articles/20080704/japans-key-stock-index-extends-losses.htm Fri, 04 Jul 2008 05:17:54 EDT European markets fell and Asian markets were mixed Friday as investors digested uneven readings on the U.S. economy and oil prices that remained near records. Japan posted its 12th straight day of losses. http://www.ibtimes.com/data/articleimgs/85584-japan-markets.jpg http://www.ibtimes.com/articles/20080704/asia-markets-mixed-as-nikkei-falls-again.htm http://www.ibtimes.com/articles/20080704/asia-markets-mixed-as-nikkei-falls-again.htm Fri, 04 Jul 2008 13:29:53 EDT Emerging markets airline ADRs slid in Thursday trading as prices for crude oil--closely linked to profitability--nearly touched $146 per barrel on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080703/adrs-in-focus-emerging-markets-airlines-slide.htm Thu, 03 Jul 2008 12:41:38 EDT Japan's key stock index extended its sell-off to an 11th straight session Thursday--its longest slide in 54 years. Increasingly nervous about a slowing global economy, investors remained wary following sharp declines overnight on Wall Street and ahead of U.S. jobs data and an interest rate decision by the European Central Bank later in the day. http://www.ibtimes.com/data/articleimgs/84823-japan-markets.jpg http://www.ibtimes.com/articles/20080703/japan-shares-fall-11th-straight-session.htm http://www.ibtimes.com/articles/20080703/japan-shares-fall-11th-straight-session.htm Thu, 03 Jul 2008 06:03:38 EDT Shares of Chinese oil and gas ADRs mostly fell Wednesday as an analyst raised concerns about news that a tax rebate on imported oil may be rescinded. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas. http://www.ibtimes.com/articles/20080702/adrs-in-focus-chinese-oil-gas-shares-slide.htm Wed, 02 Jul 2008 14:35:16 EDT An index of South Korean ADRs slipped Tuesday after the nation's central bank cut its economic growth forecast, saying tepid domestic demand is unlikely to improve. http://www.ibtimes.com/articles/20080701/adrs-in-focus-south-korea-index-slides.htm Tue, 01 Jul 2008 14:44:34 EDT Temporary farm markets deployed in parts of New Orleans recovering from Hurricane Katrina have given residents access to fresh fruit, vegetables, meat and seafood. http://www.ibtimes.com/articles/20080628/new-market-a-gathering-spot-in-recovering-n-o.htm Sat, 28 Jun 2008 09:14:29 EDT Shares of oil and gas ADRs were mixed Friday afternoon, even as crude prices jumped to all-time highs on the New York Mercantile Exchange. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas. http://www.ibtimes.com/articles/20080627/adrs-in-focus-emerging-markets-oil-shares-mixed.htm Fri, 27 Jun 2008 13:57:30 EDT European stock markets were mixed Friday in the wake of steep falls on Asian and U.S. exchanges as oil prices hit a record $142 a barrel. Germany's DAX-30 fell 0.46 percent at 6,429.890, the French CAC-40 fell 0.13 percent at 4,420.25 and London's FTSE 100 rose 0.13 percent to 5,525.40. http://www.ibtimes.com/articles/20080627/asian-stocks-sink-on-fears-over-oil-us.htm Fri, 27 Jun 2008 10:36:29 EDT Japanese stocks dropped for a seventh day to a two-month low on Friday as sentiment turned downbeat on an overnight tumble on Wall Street and skyrocketing global oil prices. http://www.ibtimes.com/articles/20080627/japanese-stocks-drop-to-2-month-low.htm Fri, 27 Jun 2008 05:17:56 EDT Asian stock markets tumbled Friday amid growing alarm as oil prices spiked above $141 a barrel for the first time and Wall Street plummeted overnight. http://www.ibtimes.com/data/articleimgs/80542-japan-markets.jpg http://www.ibtimes.com/articles/20080627/asian-stocks-fall-on-fears-over-oil-us.htm http://www.ibtimes.com/articles/20080627/asian-stocks-fall-on-fears-over-oil-us.htm Fri, 27 Jun 2008 05:54:05 EDT RBC Capital Markets, the investment banking unit of Royal Bank of Canada, said Thursday it hired seven former Bear Stearns Cos. employees to join its municipal finance healthcare practice. http://www.ibtimes.com/articles/20080626/rbc-capital-markets-hires-7-former-bear-employees.htm Thu, 26 Jun 2008 09:17:54 EDT China's stock market closed largely unchanged Thursday following a modest rally this week on bargain-hunting. The benchmark Shanghai Composite Index closed down 0.11 percent at 2,901.85 points. The Shenzhen Composite Index for China's smaller second market rose 0.85 percent to 846.829. http://www.ibtimes.com/articles/20080626/chinas-shares-end-little-changed.htm Thu, 26 Jun 2008 07:35:06 EDT Japanese stocks edged down Thursday, extending losses for a sixth day as investors traded with caution following the Federal Reserve's mixed assessment of the U.S. economy. http://www.ibtimes.com/data/articleimgs/79518-japan-sony.jpg http://www.ibtimes.com/articles/20080626/japanese-shares-slip-for-6th-day.htm http://www.ibtimes.com/articles/20080626/japanese-shares-slip-for-6th-day.htm Thu, 26 Jun 2008 05:23:12 EDT Shares of Indian companies trading on U.S. exchanges rose Wednesday after the Asian nation's central bank confirmed it boosted key interest rates in a defensive move against inflation. http://www.ibtimes.com/articles/20080625/adrs-in-focus-india-index-up-after-rate-change.htm Wed, 25 Jun 2008 14:05:53 EDT Chinese stocks rose for a second day Wednesday on heavy buying of oil refiners and other large capitalized shares. The benchmark Shanghai Composite Index rose 3.6 percent, or 101.99 points, to 2,905.01. The Shenzhen Composite Index climbed 4.8 percent to 839.70. http://www.ibtimes.com/articles/20080625/china-shares-rise-for-2nd-day.htm Wed, 25 Jun 2008 07:10:14 EDT Hong Kong stocks rose Wednesday after fours days of declines, lifted by sharp gains in mainland Chinese shares. The benchmark Hang Seng Index climbed 179.14, or 0.8 percent, to end at 22,635.16. The market was closed in the morning because of a tropical storm. http://www.ibtimes.com/articles/20080625/hk-stocks-advance-after-recent-losses.htm Wed, 25 Jun 2008 07:04:55 EDT Japanese stocks fell for a fifth day Wednesday, pressured by lingering fears over inflation and a slowdown in the global economy. Another decline on Wall Street overnight also depressed sentiment. http://www.ibtimes.com/articles/20080625/japanese-shares-dip-for-5th-day.htm Wed, 25 Jun 2008 04:13:56 EDT Shares of Petrobras trading in the U.S. rose Monday as crude oil prices rallied in New York and after the oil company inked a drilling contract. The Brazilian company's ADR rose $1.44, or 2.2 percent, to $66.71 in the afternoon session. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas. http://www.ibtimes.com/articles/20080623/adrs-in-focus-shares-of-petrobras-rise.htm Mon, 23 Jun 2008 14:51:21 EDT Pakistani stocks fell Monday amid persistent concerns about interest rates, inflation and ongoing political uncertainty. The Karachi Stock Exchange's 100 Index sank 493.11 points, or 4.2 percent, to 11,162.17. Since hitting a peak in mid-April, the index has tumbled nearly 29 percent. http://www.ibtimes.com/articles/20080623/pakistani-stock-index-sinks-4-2-percent.htm Mon, 23 Jun 2008 12:51:44 EDT