JAPAN

Greek deal lifts euro, stocks; outlook cloudy

IBTimes Logo
Asian stocks rose and the euro climbed to a two-week high on Friday after European leaders agreed on a package to rescue debt-stricken Greece and gains will be sustained if U.S. policymakers also manage to cobble together a last minute deal.
IBTimes Logo

Japanese tech giants aim to bounce back from quake

Japan's major consumer electronics makers are expected to show April-June earnings collapsed due to the March earthquake, but focus is turning to whether they can meet their forecasts for a swift recovery, given a fragile global economy.
More news
IBTimes Logo

Morgan Stanley stuns market with results

Morgan Stanley stunned Wall Street with better-than-expected second-quarter results, outperforming Goldman Sachs and other rivals as it gained market share in tough trading conditions.
IBTimes Logo

Morgan Stanley set for loss

Morgan Stanley is set to report a second-quarter loss on Thursday, as costs caused by a leftover item from the financial crisis compound the effects of a weak trading environment and stubbornly high expenses.
IBTimes Logo

Japan exports beat forecasts, trade balance swings to

Japan's exports rose in June and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March 11 earthquake, tsunami and nuclear meltdown.
IBTimes Logo

Euro up on Greece deal hopes, gold off highs

The euro climbed a third day on Thursday as a deal between France and Germany over a bailout of Greece raised hopes ahead of a major European summit, though investors barely moved from government bonds and precious metals.
IBTimes Logo

Qualcomm weak shipment forecast worries investors

Qualcomm Inc said it will ship fewer cellphone chips than expected this quarter because its customers are shaving product inventories, sending its shares down almost 3 percent as investors worried the move could signal weakening demand due to an economic slowdown.
IBTimes Logo

IMF says property bubble in China a concern

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflation rate may peak within the next month or two.
IBTimes Logo

Stocks gain on U.S. debt deal hopes; Europe summit eyed

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.
IBTimes Logo

Stocks gain on US debt deal hopes; Europe summit eyed

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.
IBTimes Logo

UAW says transplant deal possible in 2011

The United Auto Workers is talking with a lot of foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
IBTimes Logo

UAW talking to a lot of foreign carmakers

The United Auto Workers is talking with several foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
IBTimes Logo

Asian stocks gain on U.S. debt deal hopes, tech results

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.
IBTimes Logo

Global stocks gain on U.S. debt deal hopes, tech results

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.