More From IBT Staff Reporter
Thai stocks end up 3 pct on court case optimism
Thailand's stock market .SETI ended 3 percent higher on Tuesday as investors bought energy big caps .SETEN and banks .SETB on hopes of an early, favourable conclusion to a court case that has halted some industrial activities.
Dec 01, 2009
Woodside says half of Pluto LNG workers on strike
Woodside Petroleum Ltd, Australia's No. 2 oil and gas producer, said on Tuesday about half of the construction workers for its Pluto liquefied natural gas (LNG) project have gone on strike over housing issues.
Dec 01, 2009
BOJ emergency funds gesture gets government to back off
The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, relieving government pressure on the central bank to help avert another recession before upper house polls next year.
Dec 01, 2009
Stock futures up on China data, as Dubai worries ease
U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
Dec 01, 2009
Michael Jackson bumps Britney Spears from top Yahoo '09 searches
Michael Jackson's death thrust the singer to the top of yahoo.com Internet searches in 2009, putting an end to Britney Spears' four-year reign and helping bump the President Barack Obama from the top 10 list.
Dec 01, 2009
Stock futures climb on easing Dubai fears; China data
U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
Dec 01, 2009
Black Friday shoppers tweet, friend and clip
Before deciding where to buy a laptop for his daughter on Black Friday, Nate Bryan was scouring the web for deals. But he was not just looking at retailers' websites.
Dec 01, 2009
Wine from cellars of heiress Doris Duke to be auctioned
Wine from the cellars of a woman once dubbed the richest little girl in the world will be up for auction next month at Christie's in New York.
Dec 01, 2009
US STOCKS-Futures climb on easing Dubai fears; China data
U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
Dec 01, 2009
US STOCKS-Futures climb as Dubai worries ease
U.S. stock index futures rose on Tuesday as concerns over Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.
Dec 01, 2009
Somali sea gangs lure investors at pirate lair
In Somalia's main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.
Dec 01, 2009
EURO BONDS-Delta Lloyd RMBS, West Bromwich
News, details on corporate bond issues in the European markets on Tuesday:
Dec 01, 2009
Yen falls on new BOJ operations, dollar down too
The yen fell broadly on Tuesday after the Bank of Japan announced more monetary policy easing measures to fight deflation and help the ailing economy, while holding interest rates at 0.1 percent.
Dec 01, 2009
Staples results top estimates, sees sales rising
Dhanya SkariachanStaples Inc reported quarterly results that topped analyst estimates and forecast a sales rise in the current quarter as trends improve at its North American retail business.
Dec 01, 2009
Stock futures climb as Dubai worries ease
U.S. stock index futures rose on Tuesday as concerns over Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.
Dec 01, 2009
Vivendi shares rise on hopes NBCU stake sale near
Vivendi shares rose on Tuesday as hopes mounted that Europe's largest entertainment group was close to selling its stake in U.S. media group NBCU and getting cash to fund its growth plans.
Dec 01, 2009
FTSE rises 1.7 pct as Dubai debt fears recede
Britain's top share index was up 1.7 percent at midday on Tuesday, with banks and miners topping the leader board as concerns abated over Dubai's debt problems.
Dec 01, 2009
Nokia files suits against display, monitor makers
Top mobile phone maker Nokia said on Tuesday it filed suits in Britain and the United States last week alleging a number of leading technology firms operate cartels for mobile phone and monitor displays.
Dec 01, 2009
Stock futures climb as Dubai fears ease
U.S. stock index futures rose on Tuesday as concerns about Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.
Dec 01, 2009
US STOCKS-Futures climb as Dubai fears ease
U.S. stock index futures rose on Tuesday as concerns about Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.
Dec 01, 2009
WRAPUP 3-BOJ emergency funds gesture gets govt to back off
The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, relieving government pressure on the central bank to help avert another recession before upper house polls next year.
Dec 01, 2009
WRAPUP 3-Dubai ruler plays up strength as Gulf markets fall
Gulf markets dropped again on Tuesday, taking little comfort from Dubai World's plan to restructure about $26 billion of debt, while the rulers of Abu Dhabi and Dubai talked up their economic strength
Dec 01, 2009
Key risks in emerging Europe, M.East, Africa
Debt in Dubai and the interplay of politics and IMF deals in Ukraine, Romania and Latvia provide the main political risks to regional emerging markets in December, while in Nigeria presidential health will be in focus.
Dec 01, 2009
Staples results top estimates, sees sales improving
Staples Inc reported quarterly results that topped analyst estimates and forecast a sales rise of 1 percent to 3 percent in the current quarter as trends improve at its North American retail business.
Dec 01, 2009
BOJ offers more liquidity; government backs off
The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, winning an immediate reprieve from government pressure to help avert recession before upper house polls next year.
Dec 01, 2009
Euro zone unemployment stable at 9.8 pct in Oct
Euro zone unemployment remained stable at an 11-year high in October but September jobless numbers were higher than previously reported, showing the labour market has yet to feel the effects of nascent economic recovery.
Dec 01, 2009
Kraft still favorite for Cadbury deal: Bernstein
Kraft Foods Inc is favorite to take over Cadbury Plc despite interest from Hershey Co and Ferrero, and talk of Nestle SA involvement, said analyst Andrew Wood at Sanford Bernstein.
Dec 01, 2009
Gold hits record near $1,200/oz as dollar slips
Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.
Dec 01, 2009
Equities rebound as Dubai fears wane
Worries about Dubai's debt slipped away on financial markets on Tuesday, allowing stocks to put in solid gains and weakening low-yield assets such as the dollar.
Dec 01, 2009
Wall St set for higher open; ISM data awaited
U.S. stock index futures pointed to a higher open for equities, with investors waiting for a slew of economic data, including U.S. ISM figures for November and pending home sales numbers.
Dec 01, 2009
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