IBT Staff Reporter

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Affluent women worry about outliving money

Affluent women expect to be more active than their male counterparts in retirement, but they are also more worried about outliving their money, according to a Bank of America Merrill Lynch study.
Jan 31, 2011

Gold eases as Egypt rally loses steam

Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
Jan 31, 2011

Stock index futures mixed; Egypt in focus

Stock index futures were mixed on Monday, with investors in a cautious mood due to the Egyptian political upheaval. Investors are worried about the possibility the unrest could spread to other Arab nations, which could drive up oil prices and potentially dampen growth prospects.
Jan 31, 2011

Support grows for lengthening Greek debt payback

Support is gaining ground in the euro zone for giving Greece more time to pay back its EU bailout to avoid default and ease the worst-indebted EU state's debt burden, although details still have to be pinned down.
Jan 31, 2011

AAR dividend move fuels row over BP's Rosneft deal

BP's Russian partners in its joint venture with TNK tightened the screws on the British company to scrap or modify a rival tie-up with state oil group Rosneft by voting against a $1.8 billion dividend payout.
Jan 31, 2011

India approves long-delayed $12 billion POSCO steel mill

India's environment ministry approved on Monday South Korean POSCO's plans for a $12 billion steel mill, a boost for the foreign investment climate in Asia's third-largest economy after several setbacks for big ticket industrial projects.
Jan 31, 2011

Honda eyes bigger full-year profit as Q3 tops forecast

Honda Motor Co is on track for its strongest earnings in three years after raising its outlook above market expectations thanks to a recovery in the United States, where improving profitability is countering a strong yen and sliding Japanese sales.
Jan 31, 2011

'The King's Speech' emerges mighty at SAG awards

Sweeping two major honors at the Screen Actor's Guild (SAG) awards, The King's Speech is quickly emerging as a force to reckon with for The Social Network and other best movie contenders at the Oscars.
Jan 31, 2011

Dunhill launches biometric wallet at $825

For pick pockets here's a dare, London's luxury goods firm Dunhill has launched a virtually indestructible biometric wallet, that no one can steal and if by chance they steal, they can't open.
Jan 31, 2011

India approves $12 billion POSCO steel mill

India's environment ministry approved on Monday South Korean POSCO's plans for a $12 billion steel mill, a boost for the foreign investment climate after several setbacks for big ticket industrial projects.
Jan 31, 2011

Mizuho Q3 profit slows on smaller bond gains

Mizuho Financial Group's October-December profit shrunk to less than half the previous quarter on smaller bond trading gains, underscoring the bleak outlook for growth at Japanese banks due to slack loan demand.
Jan 31, 2011

Elpida to buy all DRAMs made by Taiwan's Powerchip

Japanese PC memory maker Elpida Memory <6665.T> will buy all the DRAM chips made by Taiwan's Powerchip <5346.TWO> as it looks for alliances to bolster its competitiveness in a market torn by oversupply and depressed prices.
Jan 31, 2011

Egypt unrest pushes shares lower

Global shares continued to slide on Monday, while Europe's benchmark Brent crude was just short of $100 a barrel on fears political unrest in Egypt could spread among regional oil-producing nations.
Jan 31, 2011

Mizuho Q3 doubles on lower credit costs

Mizuho Financial Group's net profit doubled in the October-December quarter, helped by lower credit costs, and it kept its full-year profit outlook unchanged.
Jan 31, 2011

Honda eyes bigger full-yr profit as Q3 tops forecast

Honda Motor Co raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
Jan 31, 2011

Toshiba Q3 profit jumps, maintains outlook

Toshiba Corp posted 37.46 billion yen ($456.3 million) in operating profit for October-December, compared with 14.49 billion yen in the same period the previous year, on healthy sales of NAND flash memory used in smartphones and tablet computers.
Jan 31, 2011

Toshiba Q3 profit more than doubles on smartphone

Japan's Toshiba Corp's quarterly profit more than doubled, driven by a boom in sales of NAND flash memory chips and liquid-crystal displays used in tablets and smartphones but it stuck with its full-year outlook.
Jan 31, 2011

Mizuho 9-month profit triples, keeps full-year forecast

Mizuho Financial Group said on Monday its net profit more than tripled in the nine months ended in December, buoyed by hefty bond trading gains in the first half, and kept its full-year profit outlook unchanged.
Jan 31, 2011

Honda Q3 tumbles but outlook lifted above consensus

Honda Motor Co <7267.T> raised its cautious annual outlook beyond market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which dragged its third-quarter profits down 29 percent.
Jan 31, 2011

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