Travel headlines for Friday include confirmation of Southwest's expansion at LaGuardia and sweet-spot holiday travel dates.» Read More
NARITA, Japan-- Japan has a reputation for loving expensive things like overpriced real estate, gourmet melons and luxury brands. Ticket prices are plunging by about half, to 16,000 yen trips to the southwestern resort island of Okinawa or a 5,000 yen hop to Seoul.
WELLINGTON, Oct 3- Following are some of the lead stories from New Zealand metropolitan newspapers on Wednesday. Xero shares near high as sales double: Xero shares surged to within sight of its highest level yesterday after the cloud accounting company said half-year sales were on track to double.
SYDNEY, Oct 2- Australian shares rallied 1 percent on Tuesday to their highest close in five months after the central bank cut its main cash rate in a bid to bolster growth in the face of weak commodity prices and global uncertainty.
MELBOURNE, Oct 2- Australian shares advanced 0.5 percent on Tuesday, with investors on tenterhooks ahead of a central bank rate decision and resources stocks helped by stronger-than-expected U.S. manufacturing data.
Oct 2- Qantas Airways Ltd:. *Qantas Group- freight joint ventures with Australia post. *Says agreement to sell its 50 per cent stake in startrack to Australia post.
Japan Airlines’s initial public offering could be a monster affair. Analysts estimate that the airline could raise up to $8.8 billion in the offering, making it the biggest anywhere in the world since Facebook listed in May, the New York Times reports.
Japan's Nikkei average edged lower on Thursday, after posting the biggest jump in two months the day before, as worries over an escalation of violence in Egypt nudged investors towards safer assets, offsetting strong U.S. jobs data.
Asian stocks mostly traded to the downside on Monday, after a lackluster U.S. job report drove Wall Street lower Friday, but trading volume was light with Japan markets closed for a public holiday.
Asian markets closed mixed on Wednesday following a broad commodities selloff but losses were limited as stronger-than expected U.S. factory data lent support.
Stock index futures pointed to a lower open for Wall Street on Monday following European markets down at the start of a week which sees the wave of earnings reports slow down as investors focus on a meeting of G-20 leaders which will address currency policies.
U.S. stocks are heading lower this morning as oil prices climb on OPEC developments. Today's headlines from OPEC, brokerage profits, and takeover activity will all get attention but stocks are looking for direction as a year of strong gains begins to wind down. Asian stocks closed higher, with Japan at a seven month high on the weakening yen. European stocks are higher.
U.S. stocks are taxiing towards a slightly higher opening today as airline takeover activity is set to give the transports a lift. Retail sales data for November could also give the market some direction and provide further clues to the consumer this holiday season. MERGERS AT THE GATE: Our Phil Lebeau is reporting on takeover talks...
Two private equity firms--Texas Pacific and Silver Lake Partners--have gobbled up Sabre Holdings in a $5 billion dollar deal. The transaction is expected to close in the second quarter of next year. It is yet another feather in the cap of Texas Pacific--which has become on the biggest and most active players in the entire private equity world.