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Business

Doubt over jobs data lowers prices

B>NEW YORK:/BStocks fell on Friday as concerns over recent lofty share price gains dampened enthusiasm for a report showing US businesses hired more than twice the number of workers expected in October.

Business

Blue chips up, tech stocks flat

US blue chip stocks ended slightly higher on Friday, completing five straight days of gains, but technology stocks ended flat as investors drew back after large gains this month.

Business

US stocks fall on Microsoft view

US stocks fell on Friday under the weight of a cautious word from Microsoft Corp and the dollar succumbed to gravity as well.

Business

Philippine shares end down Wednesday, on political, economic woes

Philippine shares closed slightly lower Wednesday on profit-taking triggered by political and economic concerns, traders said.

Business

Tokyo stocks end lower Wednesday, US$ down against yen

Tokyo stocks plunged Wednesday as investors took profits from recent gains in banks, domestic-demand stocks as well as technology blue chips. The U.S. dollar was down against the Japanese yen.

Business

Stocks slip on profit outlook

US stocks fell on Friday on disappointing profit news although two stock indexes eked out gains for the week, while Treasury bonds rose as investors were lured by attractive yields.

Business

KL market pulls back after 7-day winning streak

THE KL stock market pulled back from a seven-day rally yesterday in what analysts described as overbought conditions, sending the benchmark Composite Index (CI) down 1.15% to 782.

Business

US stocks flat for day, up for week

Stocks ended flat on Friday as many traders took the day off, and those who were at work sifted through the first few quarterly earnings scorecards for fresh clues to corporate America's health while looking ahead to next week's full flood of company reports.

Business

Laggard KLSE presents investors opportunities

DESPITE the heightened activity on the KLSE of late, the local bourse is still lagging when compared against regional markets in terms of gains since early this year. But this is cause for optimism.

Business

Stocks rise with growth in jobs

Stocks surged on Friday, racking up a third straight day of gains, after a report showing US employers added jobs for the first time in eight months boosted investors' expectations for an economic rebound.