Asian shares jumped on Thursday, buoyed by strong U.S. earnings and increasing global recovery hopes after China's economy grew faster than forecast in the second quarter.
Asian shares jumped on Thursday, buoyed by strong U.S. earnings and global recovery hopes after China's economy grew faster than forecast in the second quarter.
American International Group Inc said on Wednesday it was moving ahead with spinning off a large life insurance unit, even as a source said it continues to hold sales talks with MetLife Inc.
CNOOC, PTT PCL, ENI, and Osaka Gas are among companies that submitted indicative bids for a 20 to 35 percent stake in InterOil's liquefied natural gas project in Papua New Guinea, sources said.
Hong Kong reported second critical H1N1 case besides 78 newly confirmed ones on Wednesday, but experts predict low impact on the economy despite people's worries.
Space shuttle Endeavour and seven astronauts finally launched off into orbit on Wednesday on a flight to the international space station, making it its sixth attempt.
After more than a month's delay, space shuttle Endeavour and seven astronauts thundered into orbit Wednesday on a flight to the international space station, hauling up a veranda for Japan's enormous lab and looking to set a crowd record.
The U.N. Security Council neared agreement on Wednesday on North Korean firms and individuals to be added to a blacklist for involvement in Pyongyang's nuclear and missile programs, diplomats said.
Industrial distributor W.W. Grainger posted an 18 percent drop in quarterly profit, hurt by weak demand across all end markets and geographies, and said it had not seen an indication of an economic turnaround.
North Korea's nominal number two leader said on Wednesday dialogue with foreign powers was impossible without respect for the sovereignty of the communist state.
Private-equity owned Nycomed and a Japanese drugs company are in the early second round of an auction for all of Solvay's pharmaceuticals business, a person familiar with the matter said on Wednesday.
U.S. investment fund Lone Star's planned takeover of failed Japanese real estate investment trust (REIT) New City Residence Investment Corp was blocked by creditors on Wednesday.
Chaos deepened on Wednesday in Japan's ruling party ahead of an expected August 30 election, as lawmakers fearing a crushing defeat persisted with efforts to ditch unpopular Prime Minister Taro Aso.
Global stocks rose to their highest level in nearly two weeks on Wednesday as blockbuster results from major firms such as tech bellwether Intel Corp underpinned appetite for riskier assets.
Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellwether Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.
Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellweather Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.
New apartments put up for sale in Tokyo this year are likely be a quarter less than previously forecast and hit a 17-year low as developers struggle to make sales, a research firm said on Tuesday.
Second-ranked steelmaker Nippon Steel Corp said it would resume operations at the world's biggest blast furnace as it ramps up production in response to a gradual recovery in demand, surprising some in the market.
Toyota Motor Corp launched its first dedicated hybrid model under the premium Lexus brand on Tuesday, saying it had received orders worth six months of targeted sales in Japan.
U.S. stock index futures pointed to a stronger open on Wall Street on Tuesday, ahead of eagerly-awaited quarterly results from Goldman Sachs .
A burst of confidence in U.S. financial stocks lifted global equities on Tuesday ahead of results for bellwether Goldman Sachs.
Asian stocks bounced on Tuesday as a rally in U.S. financial shares helped Japan break a long losing streak, while also reversing some of the recent safe-haven rush into the yen and sovereign bonds.
