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OPEC to keep oil supply steady, price holds firm

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OPEC will almost certainly leave output targets unchanged when it meets this week in Luanda, ministers said on Sunday, as robust oil prices offset any concerns in the group about excess supplies.
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Yahoo open to sell HotJobs for right price

Yahoo Inc CEO Carol Bartz put a 'for sale' sign on HotJobs on Tuesday, saying Yahoo was open to selling the non-core unit for the right price even though an improving economy could help its prospects.
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S. Korea fines local LPG price cartel $581 mln

South Korea's anti-trust agency said on Wednesday it would impose fines totalling 669 billion won ($581 million) on six companies over their involvement in a liquefied petroleum gas (LPG) price cartel.
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Wal-Mart price pressure hurts China workers: report

Wal-Mart Stores Inc's demand for rock-bottom prices from suppliers in China means some of these companies are forcing their employees to work in sweatshop-like conditions, a new report said on Wednesday.
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ECB's Noyer: price stability should remain main goal

ECB governing council member Christian Noyer said on Monday that he didn't believe monetary policy played a central role in causing the global financial crisis, and that price stability should remain the main objective of central banks.
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Nissan says Leaf will compete on price, make money

Nissan Motor Co Ltd will keep the price of its upcoming battery-powered Leaf competitive with similar-sized cars and expects to make money on the vehicle despite the cost of its launch, Chief Executive Carlos Ghosn on Friday.
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Philippines to remove fuel price cap on Monday

The Philippines will lift a three-week long cap on fuel prices on its main island of Luzon on Monday, President Gloria Macapagal Arroyo said, responding to a clamour from oil firms. Subject to compliance to all agreements, we can now lift EO (Executive Order) 839, Arroyo told representatives of oil companies on Friday.
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Madoff's NYC, Palm Beach homes get price cuts

It's still not cheap, but Livin' La Vida Madoff may now cost a bit less. Asking prices for homes once occupied by now imprisoned Ponzi schemer Bernard Madoff in Manhattan's Upper East Side and in Palm Beach, Florida, have been cut, after about two months on the market.
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Philippines close to lifting fuel price cap

The Philippines edged closer on Tuesday to lifting a cap on fuel prices in the typhoon-stricken island of Luzon, after the country's president urged a government panel to decide if the area's calamity status should be removed.
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Market Drivers

A Forex market transaction differs from a retail transaction. In a retail environment, the price is predetermined by the seller, and the purchaser measures his need for the item against the price asked and makes his decision to buy or not. In a market transaction, both the seller and the buyer continually adjust their price expectations to the information flowing out from the market to its participants and into the market from outside sources. A seller who thinks that the price may be higher in ...
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Dollar General set to price at rich valuation

Dollar General is set to go public next week, but the discount retailer could see mixed results in its closely watched initial public offering as its private equity backers have valued the company richly.
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Glaxo gives price pledge as malaria shot holds hope

More than 5,500 children across Africa have been given an experimental new malaria vaccine and the British drugmaker behind it, GlaxoSmithKline, promised on Wednesday that price would be no hurdle if it works.
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Verizon's Motorola Droid price and release date confirmed

After weeks of buzz, Verizon Wireless today officially took the wraps off the Droid, a smartphone built by Motorola and powered by Google's Android 2.0 operating system, by confirming the new phone will hit stores on November 6.
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U.S. home price gains may not be sustainable: Shiller

The gains in U.S. home prices in recent months may not be sustainable and increases in some areas of the country appear to be in bubble territory, an economist known for his property market expertise said on Tuesday.
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Analysts cut Baidu price target as outlook disappoints

Wall Street analysts on Tuesday cut their price targets on Baidu Inc, after China's dominant search engine forecast a sequential decline in fourth-quarter revenue due to the transition to a new Internet advertising technology.

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