China was the lone bright star in Asia on Monday, after a 'No' vote in Greece ignited a wave of risk aversion.» Read More
Asian stocks outside Australia recovered from a lackluster open to rise on Monday as a modestly positive lead from Wall Street offset the impact of sliding oil prices.
Asian equity markets struggled for direction on Wednesday following an uninspiring lead from Wall Street overnight.
Asian stocks traded mixed late Tuesday as negative impact from the weaker-than-expected China data subsided.
Australian shares fell below the flatline on Tuesday after the Reserve Bank of Australia (RBA) surprised most market watchers by holding back on further easing.
RIO DE JANEIRO, Feb 26- Shares in Brazil's Vale SA plunged 5 percent on Thursday as the miner posted full-year net income well below analyst forecasts due to a weaker iron ore price and Brazilian currency. The halving of iron ore prices has hit the world's largest producer of the steelmaking ingredient as increased output from Australia coincided with slower...
RIO DE JANEIRO, Feb 26- Brazilian miner Vale SA posted full-year net income of $657 million on Thursday, well below analyst forecasts, hurt by weakness in iron ore prices and in Brazil's real currency versus the dollar. Despite record production of iron ore and nickel last year, the dramatic fall in profits and cash flow is increasing pressure on Vale to sell assets...
As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.
Some of the names on the move ahead of the open.
Asian indices mostly advanced on Tuesday to hit new highs, but trading remained cautious ahead of Federal Reserve Chair Janet Yellen's testimony.
Asian markets opened mixed on Friday as a stronger yen curbed risk appetite in Tokyo, while a strong close on Wall Street boosted sentiment elsewhere.
As oil prices fall, it becomes harder for energy companies to maintain profitability.
NEW YORK, Feb 3- A former Banco Santander SA executive has been indicted for insider trading ahead of a proposed 2010 takeover of Potash Corp of Saskatchewan Inc by the mining group BHP Billiton Ltd, U.S. prosecutors said on Tuesday. A former adviser to Banco Santander's chief executive, Canas settled a U.S. Securities and Exchange Commission civil lawsuit last...
Asian equities outside China traded higher on Friday, following a halt in the sell-off in energy markets and as traders digest the raft of earnings releases in Tokyo and Seoul.
SINGAPORE, Jan 27- U.S. exports of condensate have been given an important boost after pipeline company Enterprise Products Partners LP agreed annual contracts with at least two major trading companies to sell the light crude, trade sources said. Oil producers have been pressing to lift a 40- year-old U.S. ban on crude exports and the Department of Commerce...
Asian shares hit fresh highs on Tuesday, as investors deemed a Greek exit from the euro zone unlikely.
HONG KONG, Jan 26- Li Ka- shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month- good news for investment bankers close to the 86- year-old Hong Kong tycoon's empire. The brisk business- $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data- raises hopes that the Chinese Year of the Goat could...
Asian equity markets posted an upbeat performance on Friday, after the European Central Bank unleashed a massive stimulus package to resuscitate the euro zone.
Some of Wednesday's midday movers:
Traders won't be content with $500 billion in ECB bond-buying. Some want $1 trillion, or an open-ended QE program.
MELBOURNE, Jan 19- BHP Billiton Ltd may be forced to slash its planned $4 billion spending this year on U.S. shale wells and book writedowns on its shale assets as it battles plunging prices for its biggest earners iron ore, oil and copper. Other candidates for cuts in its $14.2 billion capital and exploration spending plan could be its longer-dated projects like...