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Business

Tokyo stocks end higher Friday, US$ up against yen

Tokyo stocks bounced back Friday as investors welcomed Wall Street's overnight strength. The U.S. dollar was higher against the Japanese yen.

Business

Siemens AG shows rise in net profit for latest quarter

Industrial conglomerate Siemens AG made a net profit of 815 million (US$986 million) in its most recent quarter, the company said Thursday, improving 29 percent on the same quarter last year and beating stock market analysts' estimates.

Business

Tokyo stocks end lower Thursday, US$ up against yen

Tokyo stocks fell Thursday as investors awaited earnings reports from major Japanese companies. The U.S. dollar was higher against the Japanese yen.

Business

Philippine shares end higher Thursday

Philippine shares closed higher Thursday for the third straight session, propelling the main index to its best finish in three months, mainly on foreign demand for telecommunications blue chips, traders said.

Business

Philippine shares up Tuesday on earnings prospects

Philippine shares ended higher Tuesday as investors accumulated stocks with strong earnings potential, particularly telecommunications companies, traders said.

Business

Tokyo stocks end lower Tuesday, US$ higher against yen

Tokyo stocks fell for the fourth straight session Tuesday as investors sold high technology blue chips following Wall Street's overnight fall.

Business

Jitters ahead of convention

Stocks tumbled on Friday after investors were unnerved by disappointing results from Coca-Cola Co and Microsoft Corp and fretted about possible attacks at next week's Democratic National Convention.

Business

Tokyo stocks close lower Friday, US$ up against yen

Tokyo stocks fell Friday, driven down by weak high-tech issues as Wall Street's overnight gains failed to lift a listless market. The U.S. dollar was up against the Japanese yen.

Business

Philippine shares end up Friday

Philippine shares closed higher Friday as bargain hunters continued to accumulate select blue chips ahead of the release of first-half corporate results in the coming weeks, traders said.

Business

Hong Kong may soon see end of devastating deflation

Economists say Hong Kong's deflationary spiral has about run its course, and after almost six tough years of falling prices merchants were hoping Friday that the experts are right.