Hong Kong stockspacked on more gains on Wednesday to close up 1.95 percent at a14-month closing high, driven by liquidity inflows frominvestments exiting the U.S. dollar, which touched a 14-monthlow.
U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp (INTC.O) and ahead of earnings from JPMorgan Chase & Co (JPM.N).
U.S. stock index futures pointed to a strong open on Wall Street on Wednesday following forecast-beating results from Intel Corp and ahead of earnings from JPMorgan Chase & Co.
U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp and ahead of earnings from JPMorgan Chase & Co .
China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on the path to recovery and that global demand is improving too.
The U.S. dollar plumbed a 14-month low against the euro on Wednesday, sending gold prices to record highs and pushing up oil for a fifth day to a 2009 high of $75.12 a barrel.
China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on a recovery track and that global demand is improving too.
Oil surged for a fifth day on Wednesday to a 2009 high of $75.12 a barrel, boosted by a weak dollar and surprisingly strong China trade data that underscored a recovery in the world's second-largest oil user.
The U.S. dollar struck a 14-month low against the euro on Wednesday, sending gold to record prices and pushing oil past the 2009 high of $75 a barrel and on track for a fifth day of gains.
The U.S. dollar struck a 14-month low against the euro, keeping oil prices on track for a fifth day of gains on Wednesday near the 2009 high of $75 a barrel and sending gold to a record high.
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
China's super-rich have bounced back from the financial crisis with a vengeance, and China now has more known dollar billionaires than any other country bar the United States, according to a new report released on Tuesday.
China Mobile, the world's largest mobile carrier by subscribers, will next year introduce eight OPhone smartphone models from U.S. phone maker Motorola, a company official told Reuters.
The world needs to build 100 major projects for capturing and burying greenhouse gases by 2020 and thousands more by 2050 to help combat climate change, the head of the International Energy Agency said on Tuesday.
North Korea was preparing to fire a fresh barrage of short-range missiles, a report said on Tuesday, in a move seen as an attempt to boost its bargaining position ahead of expected talks on ending its nuclear weapons program.
Russia and China bolstered their close but increasingly imbalanced relationship on Tuesday when Russian Prime Minister Vladimir Putin ushered through a tentative gas supply agreement and deals worth $3.5 billion.
Extending the trade in sovereign emissions rights into a new global climate pact could deter investment in clean energy projects post-2012, Barclays Capital said on Tuesday, siding with the U.S. view on the matter.
Car sales in India rose an annual 21 percent in September for their eighth straight rise, with industry officials expecting continued robust growth as the economy improves and consumer confidence grows.
Chinese car sales soared to a record in recent months on government incentives, but the same money tap that turbocharged sales could easily be turned off in 2010 if Beijing frets about an overheating economy.
DBS Group, Southeast Asia's biggest lender, has pulled out of the race to buy ING's private banking unit in Asia, as it did not want to pay a premium for the business, a source with knowledge of the deal told Reuters.
Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin.