MARKETS / FINANCE

IBTimes Logo

Baidu Hopes New Ad System Will Give Quick Lift To Revenues, Image

Thanks to the relative growth of China's economy, the country's dominant search-engine company Baidu hasn't been hurting in terms of revenue and profits the last few quarters. But that doesn't mean everything has been going smoothly for Baidu, the WSJ says. The company, which has 62 percent of China's search market as of Q2, came under fire for not clearly identifying ads from search results. It also drew criticism on Chinese TV for running ads by unlicensed physicians.
More news
IBTimes Logo

New U.S. jobless claims unexpectedly rise last week

The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, fanning worries of an anemic recovery from the worst recession in 70 years.
IBTimes Logo

Oil falls towards $72 on recovery doubts

Oil prices eased toward $72 a barrel on Thursday, after rising more than 4 percent in the previous session, as optimism faded about the pace of demand recovery in the world's top consumer the United States.
IBTimes Logo

Flat open ahead as jobless claims disappoint

Stock index futures pointed to a flat open on Thursday after data showed a surprise rise in weekly jobless claims for the second week running, adding to uncertainty over the economic outlook.
IBTimes Logo

U.S. jobless claims unexpectedly rise

The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, fanning worries of an anemic recovery from the worst recession in 70 years.
IBTimes Logo

Stock futures rise after China rally

Stock index futures edged higher on Thursday following a rally in Chinese equities and ahead of data expected to show a dip in jobless claims after a surprise increase in the prior period.
IBTimes Logo

New jobless claims unexpectedly rise last week

The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, as companies continued to cut payrolls amid uncertainty over the economic outlook.
IBTimes Logo

Oil falls towards $72 after surge on recovery doubts

Oil prices eased toward $72 a barrel on Thursday, after rising more than 4 percent in the previous session, as optimism faded about the pace of demand recovery in the world's top consumer the United States.
IBTimes Logo

BofA's Countrywide loses court ruling on mortgages

A federal judge has ruled that Bank of America Corp cannot have a lawsuit by investors seeking to force it to buy back mortgages heard in federal court, saying he lacks jurisdiction to decide the case.
IBTimes Logo

BBVA expected to win Guaranty auction: sources

Banco Bilbao Vizcaya Argentaria , Spain's second-largest bank, is expected to win a government-run auction of troubled Texas lender Guaranty Financial Group Inc , sources familiar with the situation said on Wednesday.
IBTimes Logo

Stock futures signal gains; eyes on commods

Stock index futures pointed to a higher open on Wall Street on Thursday, mirroring gains in Europe as well as Asia, where Shanghai stocks rebounded from a sharp two-week selloff, and on rallying commodity prices.
IBTimes Logo

Oil steady above $72 after 4 pct surge; eyes US data

Oil was steady above $72 a barrel on Thursday, after rising more than 4 percent the previous day, buoyed by industry data showing a steep drop in crude imports and stockpiles in top consumer the United States.
IBTimes Logo

Shanghai stocks rebound 4 percent, drive Asia gains

Chinese shares clawed higher on Thursday after a two-week sell-off, giving a boost to Asian stock indexes and commodities even as many investors remained worried that the Shanghai slide may have more room to run.
IBTimes Logo

Shanghai stocks claw up but investors on edge

Chinese shares clawed back up on Thursday after a two-week sell-off, giving a boost to Asian stock indexes and commodities, but many investors were nervous that the Shanghai slide may have more room to run.
IBTimes Logo

Nikkei up, boosted by resources and China

Japan's Nikkei stock average on Thursday climbed from a three-week closing low, buoyed by resource shares after crude oil surged and by rekindled recovery hopes, with a rebound in Chinese shares also giving a lift.
IBTimes Logo

Nikkei up, nudged up by resources and oil

Japan's Nikkei stock average edged higher on Thursday, buoyed by gains in resource-linked shares such as Inpex after oil surged more than 4 percent and rekindled economic recovery hopes. Truckmaker shares climbed after a brokerage upgrade, with Isuzu Motors up more than 5 percent, and trading houses gained on strong metals prices.
IBTimes Logo

What is an indicator?

Moving Averages, SMA, EMA, WMA, AMA, Momentum, MACD, OBV, Chaikin, RSI and ADX. But what does it mean and for what we can use them?
IBTimes Logo

Former regulator Lockhart heads to WL Ross

James Lockhart, who earlier this month said he would resign as the U.S. regulator overseeing mortgage finance companies Fannie Mae and Freddie Mac , will become vice chairman of a distressed investment group at Invesco Ltd , the company said on Wednesday.
IBTimes Logo

U.S. commercial property price drop slows

Prices of U.S. office, retail and apartment buildings fell 1 percent in June, easing from steep slides in the previous two months, according to the Moody's/REAL Commercial Property Price Index released on Wednesday.
IBTimes Logo

AIG sued by policyholders hurt by Madoff fraud

American International Group Inc was sued on Wednesday by two California residents who said their homeowner insurance policies entitled them to coverage on losses from Bernard Madoff's Ponzi scheme.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.