GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • TOKYO, Feb 18- Asian equities tracked a mild bounce on Wall Street, edging higher on Wednesday as pessimism about the Greek debt saga receded somewhat, while the dollar strengthened against the yen thanks to higher U.S. debt yields. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent with South Korean, Thai and Indonesian bourses all...

  • *Investors hope Greece, EU will agree on extending bailout. TOKYO/ SINGAPORE, Feb 18- The euro held steady on Wednesday, finding some support as investors held on to hopes that Greece will find enough common ground with its euro zone partners and avoid a chaotic exit from the currency union. Although Greece rejected a proposal to request a six-month extension of its...

  • TOKYO, Feb 18- Japan's Nikkei share average rose to a fresh eight-year high on Wednesday after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while investors digested the Bank of Japan's decision to keep policy unchanged. It was the highest level since July 2007. Greece will remain an immediate concern for financial markets as the...

  • OTTAWA, Feb 17- Canada is imposing sanctions against top Russian oil firm NK Rosneft OAO and the head of conglomerate Rostec, among others, in response to the actions of Russian-backed militants in Ukraine, Ottawa said on Tuesday. In all, Canada- which said it was acting in coordination with the European Union and the United States- imposed sanctions against 37...

  • Labor Secretary Tom Perez met contract negotiators for shipping companies and the dockworkers' union in San Francisco on Tuesday, urging them to settle a dispute that has led to months of clogged cargo traffic and other disruptions at West Coast ports. Perez was sent to California by President Barack Obama, who has come under mounting pressure to intervene in...

  • *Gold close to testing $1,200 an ounce level. *China markets shut for Lunar New Year. SINGAPORE, Feb 18- Gold was trading near a six-week low on Wednesday as equities recovered on hopes Greece would patch together a deal with its creditors, while the absence of major buyer China also dragged on the metal.

  • *BOJ maintains view economy recovering moderately. *Governor Kuroda to brief media 0630 GMT. TOKYO, Feb 18- The Bank of Japan maintained its massive asset buying stimulus spree on Wednesday and revised up its view on exports and output, even as data showing only a feeble recovery from recession tempers its optimism.

  • BOJ maintains stimulus, revises up view on output Tuesday, 17 Feb 2015 | 9:54 PM ET

    TOKYO, Feb 18- The Bank of Japan maintained its massive stimulus on Wednesday and revised up its assessment of output, signaling its confidence that the economy is set to recover without additional monetary stimulus. As widely expected, the BOJ decided to maintain its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80...

  • Oil prices dip after strong rally earlier this week Tuesday, 17 Feb 2015 | 9:40 PM ET

    *Brent carries Middle East risk premium. SINGAPORE, Feb 18- Oil prices dipped on Wednesday after gaining more than a percent in the previous session, but trading was thin as several Asian countries started the Lunar New Year holidays which last for the rest of the week. Benchmark Brent crude futures were down 23 cents at $62.30 a barrel by 0226 GMT, while U.S.

  • *Little is known about Iceberg Research. The report, by little known group Iceberg Research and posted online on Sunday, triggered a two-day rout in Noble's shares that wiped $770 million off the company's market value. Noble, which is listed in Singapore but based in Hong Kong, said in a separate statement it would fully cooperate with the MAS investigation.

  • TOKYO, Feb 18- Japan's Nikkei share average rose to a fresh eight-year high on Wednesday morning after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while eyes are on the policy decision by the Bank of Japan, which is widely expected to keep its policy on hold. Greece will remain an immediate concern for financial markets as the European...

  • MEXICO CITY, Feb 17- Mexican state oil company Pemex said on Tuesday that it will transport mostly processed gasoline and diesel fuel through its pipelines in a bid to cut down on rampant fuel theft. Pemex says it will finish processing the fuels at its storage terminals according to the plan, which will not be fully implemented nationwide for two months, a...

  • NEW YORK, Feb 17- President Barack Obama's administration faces a difficult and possibly lengthy legal battle to overturn a Texas court ruling that blocked his landmark immigration overhaul, since the judge based his decision on an obscure and unsettled area of administrative law, lawyers said. The failure to do so, Hanen wrote, was a violation of the 1946...

  • MELBOURNE, Feb 18- London copper climbed on Wednesday as investors found relief from a euro revival as investors bet on a Greek debt deal, while the first day of a week-long break in top user China drained liquidity from the market. *LME copper has been stuck in a $5,300- $5,800 trading band for the past month, and traders expect little to change until post-holiday...

  • SINGAPORE, Feb 18- Gold was trading near its lowest in six weeks on Wednesday as global equities recovered on signs Greek banks will continue to receive emergency funding despite a breakdown in debt talks between Athens and its creditors. *Greece intends to ask for an extension of its loan agreement with the euro zone on Wednesday, a source in Brussels said,...

  • TOKYO, Feb 18- Asian equities tracked a mild bounce on Wall Street to edge higher on Wednesday, although caution over talks later in the day in the ongoing Greek debt saga limited gains. MSCI's broadest index of Asia-Pacific shares outside Japan was steady. U.S. shares gained modestly overnight, with the S&P 500 touching another record high, after hopes that Greece...

  • The policy, the details of which are classified, comes after a two-year review amid growing demand from U.S. allies for the new breed of weapons that have played a key role in U.S. military action in Afghanistan, Iraq and Yemen. Privately held General Atomics, maker of the Predator and Reaper drones, Northrop Grumman Corp, Textron Inc and other arms makers have been...

  • TOKYO, Feb 18- Global growth remains uneven and fragile, and the weaker-than-envisaged global economy poses important challenges to developing Asia, a senior IMF official said, citing weak investment as a key negative factor in the region. The global economy faces the prospect of subpar growth, despite a boost from the recent drop in oil prices, with diminished...

  • *Investors hope Greece, EU will agree on extending bailout. TOKYO, Feb 18- The euro held firm in early Asian trade on Wednesday, as investors stuck to hopes that Greece will find common ground with its euro zone partners and avoid a chaotic exit from the currency union. Although Greece rejected a proposal to request a six-month extension of its international...

  • TOKYO, Feb 18- U.S. crude futures fell towards $53 a barrel on Wednesday as industry data due later in the day is expected to show that U.S. commercial crude inventories likely rose again last week to a record high. *NYMEX crude for March delivery was down 39 cents at $53.14 a barrel by 0012 GMT, after settling up 75 cents on Tuesday. *Trading is expected to be thin in Asian...