Asian shares were mostly higher on Monday as traders closed out of positions before the end of the quarter.» Read More
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.
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China boosted its ambitions to challenge Airbus and Boeing for a slice of a global market worth $1.7 trillion with a 100-plane order for its first commercial jetliner at a lavish ceremony on Tuesday.
With the 2008 Summer Game's set to begin today in Beijing, here is a look at China By The Numbers:
China's National Aviation Fuel Holding , the country's near-monopoly jet fuel distributor, is set to charge domestic airlines about 15% more from July 1, an industry executive said on Monday.
Shares of China Eastern Airlines, Cathay Pacific Airways and Air China nose-dived on Tuesday after Air China and Cathay said they would not proceed with a plan to buy a slice of China Eastern. .