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Japan's trade surplus expands in October
Japan's trade surplus expanded 8.8 percent in October, helped by steady demand for Japanese products in Asian markets, the government said Thursday.
US stocks move higher on oil report
Stocks closed slightly higher in lackluster pre-holiday trading Wednesday, with a better-than-expected government report on oil inventories and good unemployment figures giving investors reasons to buy stocks.
ING may use asset sales proceeds for acquisitions
ING Groep NV, the largest Dutch financial company, may use proceeds from more than US$1.5bil of asset sales for acquisitions in Internet banking and life insurance in Asia, chief executive officer Michel Tilmant said.
US stocks rise as oil prices fall
An afternoon rally spurred by a drop in oil prices pushed stocks higher Monday, bringing investors back into the market despite lingering concerns over the strength of the dollar and the nation's trade deficit.
Tokyo stocks finish sharply lower Monday
Tokyo stocks closed sharply lower on Monday as investors sold export-oriented issues in response to the U.S. dollar's recent declines
Philippine shares end lower Monday on profit-taking
Philippine shares closed lower Monday as investors took profits in the absence of fresh market leads and following the Dow Jones Industrial Average's 1.1 percent fall.
Stocks tumble, oil jolts investors
US stocks tumbled on Friday as investors were jolted by a surge in oil prices and comments by Federal Reserve Chairman Alan Greenspan, who gave a stark reminder that interest rates were bound to go higher and warned that appetite for the dollar would dwindle.
Brazil increases basic lending rates by 0.50%
Fearing inflation could jeopardize the financial stability of Latin America's biggest country, Brazil's Central Bank on Wednesday increased the country's prime lending rate for the third consecutive month.
US stocks rise on Kmart-Sears deal
Stocks bounded higher Wednesday as investors shrugged off a fresh indicator of rising inflation and welcomed an $11 billion (euro8.44 billion) deal that combines retailers Kmart Holding Corp. and Sears, Roebuck and Co.
US stocks drop as wholesale prices surge
A huge jump in wholesale prices sent stocks falling Tuesday as investors worried that rising oil prices were starting to take a toll on the overall economy.
