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Bank earnings, data to call the shots for US stocks
NEW YORK:b/b>With Wall Street's rally stalled, this week could be crunch time as big banks' earnings, including Citigroup's, roll in and investors scrutinize reams of economic data for clues on the recovery.
Banks bent on offering better values in gold investments
WONG Sue Ling, a teacher, has never shown much interest in gold investments preferring to put her money into fixed deposits, stocks and unit trusts until last year. Based on feedback from gold merchants, Wong is not the only person who has set her sights on investing in gold to diversify her investment portfolio. Others are following suit as well.
Nomura gets special scheme stockbroking licence
HONG KONG:b/b>Asia-based global investment bank Nomura has been granted a special scheme stockbroking licence by the Securities Commission to establish a cash equities business in Malaysia.
Fund managers optimistic over longer term
ASIAN equity markets look more promising over the longer term but short-term indicators and macroeconomic fundamentals will need to be firmer first before regional bourses start to make a more sustainable climb, fund managers and analysts said.
Long-awaited correction confronts Wall Street
NEW YORK: Wall Street's spring surge looks to be wilting in the heat, judging by the emergence of bearish chart patterns, anaemic trading volumes and rising volatility.
Asian markets sag Friday amid economic jitters
HONG KONG: Asian stocks continued to sag Friday as investors failed to get inspiration from U.S. corporate earnings and signs of deflation emerged in Japan.
Asian markets inch higher amid economic jitters
HONG KONG: Most Asian markets eked out slight gains Friday as investors failed to get inspiration from U.S. corporate earnings and signs of deflation emerged in Japan.
US stocks finish mixed on economic recovery worries
NEW YORK: Stocks finished mostly lower after zigzagging Wednesday as a mixed outlook on the economy from the International Monetary Fund and falling commodity prices added to a downbeat mood.hr noshade size=-1 width=50%>
Japan stocks fall for sixth straight day Wed
TOKYO: Japan stocks fell for a sixth day Wednesday, as investors continued to pull back from inflated hopes for a quick economic recovery.
