Crisis, China's chance to buy Nov 6 - Cash rich China sees crisis an opportunity to buy resource firms overseas. The global financial crisis is opening a door for Chinese firms to buy oil and commodity firms. The question for officials to ask is when is the best time to buy. Kitty Bu reports. Coming up next: Retailers fan Posted By : Added : 2008/11/09 Views : 785 Tags : Rated : ![]() 0 Votes Job cuts surge; market rallies Nov. 7 - American companies slashed 240,000 jobs in October highlighting recession fears and helping to set the agenda for President-elect Barack Obama's first news conference. Wall Street, however, was expecting big job losses and overlooked the dismal report. The Dow jumped 248 points to 8,943. The S&P 500 climbed 26 points to 930. The Nasdaq rallied gained 38 points 1,647.Crude oil rose $0.27 to $61.04 a barrel. Conway Gittens reports from New York. Speaker: Mickey Levy, chief economist, Bank of America; U.S. President-elect Barack Obama Coming up next: EU calls for Posted By : Added : 2008/11/09 Views : 769 Tags : Rated : ![]() 0 Votes Obama: The economy first Nov. 7 - President-elect Obama in his first post election news conference said stimultaing the economy will be his first order of business. Obama noted the latest economic data showing significant job losses and an increase in unemployment, he said he was well aware of the economic challenges that his administration will face. Deborah Lutterbeck reports. SOUNDBITES: President-elect Barack Obama Posted By : Added : 2008/11/09 Views : 971 Tags : Rated : ![]() 0 Votes G20 plea for global finance overhaul 01:27) Report Nov 8 - Finance ministers and central bank chiefs from around the world meet in Brazil to discuss the global economic crisis. Brazil's president opened the conference with an attack on what he called the dogmatic faith in market non-intervention espoused by the U.S. and other countries and said emerging powers must have more of a hand in crucial decisions. Paul Chapman reports. Posted By : Added : 2008/11/09 Views : 842 Tags : Rated : ![]() 0 Votes Asia stocks helped by oil July 23 - A drop in oil prices helped boost Asia stocks on Wednesday. Australia's largest investment bank, Macquarie, also posted a sunny outlook for its first fiscal quarter of the year. China hotels however are slashing hotel rates on weaker than expected demand over the Olympic period. Tara Joseph-Hui reports. Posted By : Added : 2008/07/24 Views : 1131 Tags : Rated : ![]() 0 Votes Fannie Mae and Freddie Mac Jul. 23 - U.S. lawmakers are expected to approve a housing plan that includes help for battered mortgage giants Fannie Mae and Freddie Mac. Hurricane Dolly strengthened, but still was on track to miss the Gulf of Mexico oil and gas hub. Crude prices dropped sharply for the second consecutive session. McDonald's cheap meals and international sales boosted quarterly profits. Conway Gittens reports from New York. Posted By : Added : 2008/07/24 Views : 1130 Tags : Rated : ![]() 0 Votes European carmakers defy gloom Jul 23 - Volkswagen, Peugeot Citroen and Fiat issue surprisingly strong results due to cost-cutting as sales in big markets are down. Oil has steepest fall in history De Beers sees strong diamond demand Stefanie McIntyre reports. Posted By : Added : 2008/07/24 Views : 1321 Tags : Rated : ![]() 0 Votes Housing relief on the way Jul 23 - President Bush dropped opposition to a key housing rescue plan, which included a provision for Fannie Mae and Freddie Mac. The Dow gained 29 points to 11,632. The S&P 500 rose 5 points to 1,282. The Nasdaq rallied 21 points to 2,325. Crude oil fell $3.98 to settle at $124.44 a barrel. Conway Gittens reports from New York. Posted By : Added : 2008/07/24 Views : 1276 Tags : Rated : ![]() 0 Votes Identifying the Best Index Funds Identifying the Best Index Funds Morningstar's Christine Benz outlines the key criteria to keep in mind Posted By : Added : 2008/06/22 Views : 1558 Tags : Rated : ![]() 0 Votes Where’s the price of oil headed? Russian energy giant Gazprom is predicting $250-a-barrel oil for 2009. Gazprom could scare enough Western oil companies out of Russia to make that projection come true, says Jim Jubak. Posted By : Added : 2008/06/22 Views : 1425 Tags : Rated : ![]() 0 Votes Jubak’s Journal: Is a bottom coming? Will this be the stock market’s final exam? Stocks are headed to a test of their March lows. If that level holds, maybe we can finally say the market’s found its bottom, says Jim Jubak. Posted By : Added : 2008/06/22 Views : 1441 Tags : Rated : ![]() 0 Votes Japan up, China tumbles April 18 - Asia stocks were mixed on Friday with Japan ending the week on a positive note, but China shares continuing to lose steam. Tokyo investors took heart from better than expected U.S. corporate earnings with exporters gaining ground. Shanghai stocks tumbled as much as 4 percent on worries over inflation and further monetary tightening. Tara Joseph-Hui reports. Posted By : Added : 2008/04/20 Views : 1325 Tags : Rated : ![]() 0 Votes Citigroup posts $5.1 bln loss Apr. 18 - Citigroup posted its second consecutive quarterly loss, racking up another $16 billion in write-downs tied to unstable credit markets. The $5.11 billion quarterly loss was bigger than expected but the stock jumped on hopes the new management team will be able to stop the bleeding. Conway Gittens reports from New York. Posted By : Added : 2008/04/20 Views : 1542 Tags : Rated : ![]() 0 Votes Learning to survive climate change Apr. 18 - A museum exhibition in London offers an interactive vision of how climate change might shape the planet in 2050. By using the kind of visual stimulation usually found in an arcade, organizers hope to convey a serious message about the environment. Reuters reporter Darcy Lambton has more. SOUNBITE: Malinda Campbell, Content Manager, The Science of Survivals Posted By : Added : 2008/04/20 Views : 1229 Tags : Rated : ![]() 0 Votes U.S. rate cut boost falls away Jan. 23 - European shares fell again over persistant worries of a U.S. recession overshadowing the World Economic Forum in Davos European shares fall despite U.S. rate cut World Economic Forum gets underway in Davos EU decides emissions targets SOUNDBITE: Stephen Roach, Economist and head of investment bank Morgan Stanley in Asia Indra Nooyi, Chairman and CEO of PepsiCo and Co-Chair of the World Economic Forum Posted By : Added : 2008/01/24 Views : 1394 Tags : Rated : ![]() 0 Votes Chinese workers in demand Jan. 04 - Baltic companies are looking to China to find labourers after thousands of Eastern European workers migrated to Western Europe. Thousands of Lithuanians, Latvians and Estonians have left for better wages in western Europe following European Union accession, leaving local employers to look for migrant workers as far as China to fill the widening labour gap. Matt Cowan reports. Soundbites: Raimundas Mickunas, Deputy Director of the "Mitnija" Construction Company (speaking Lithuanian with English translation). Gao Yongbin, Welder from China (speaking in Mandarin with English translation). Posted By : Added : 2008/01/06 Views : 1510 Tags : Rated : ![]() 0 Votes Investment Opportunities in China Since the beginning of economic reforms two decades ago, the economy in China has produced real growth rates of between 8 percent and 10 percent per year. It is believed that China will continue to experience exceptional growth for decades to come at rates well above those of any other large country in the world. In this talk Professor Burton Malkiel discusses why China will enjoy growth... (more) Posted By : Added : 2007/11/19 Views : 1541 Tags : Rated : ![]() 0 Votes Light week ahead Nov. 16 - It is a light week ahead with both markets and government closed Thursday to mark the Thanksgiving holiday. On Tuesday more on the housing sector is due with the release of housing starts figures for October and on Wednesday the Federal Reserve releases minutes from its late October meeting. Deborah Lutterbeck reports. Posted By : Added : 2007/11/17 Views : 1251 Tags : Rated : ![]() 0 Votes Choppy Trade in Asia Nov. 13 - Most Asian shares fell in choppy trade on Tuesday, as credit concerns continue to weigh on investor sentiment. Japan's Nikkei extended its losing streak as investors shrugged off latest data which showed solid growth for the third quarter. Soaring food costs in China drove inflation to almost 11-year highs in October, reinforcing expectations of further rate hikes. Nina Mehra reporting. Posted By : mymoney Added : 2007/11/13 Views : 1641 Tags : Rated : ![]() 0 Votes Stocks Fly On US Rate Cut Oct 31 - U.S. stocks advanced after the Federal Reserve cut key interest rates as expected and the U.S. economy grew at a faster-than-predicted rate in the third quarter. The Dow rallied 137 points to 13,930. The S&P 500 gained 18 points to 1,549. The Nasdaq rose 42 points to 2,859. Crude oil surged to a new record well above $94 a barrel. Conway G. Gittens reports. Posted By : mymoney Added : 2007/11/01 Views : 1857 Tags : Rated : ![]() 0 Votes An Oil Bubble Oct. 26 - As oil hits $92 a barrel, analysts wonder whether the price will retreat or continue to head towards $100 a barrel. Global politics, supply worries, and the weak dollar push the price of oil upwards. Manoush Zomorodi reports. Posted By : mymoney Added : 2007/10/27 Views : 808 Tags : Rated : ![]() 0 Votes Reuters Business Week Oct. 26 - New economic data, rising oil prices, and anticipating the US Federal Reserve meeting. Microsoft and Apple pleasantly surprise investors while a rough week for Merrill Lynch ends on a higher note. Manoush Zomorodi reports. Posted By : mymoney Added : 2007/10/27 Views : 712 Tags : Rated : ![]() 0 Votes Stocks Fly On US Rate Cut Oct 31 - U.S. stocks advanced after the Federal Reserve cut key interest rates as expected and the U.S. economy grew at a faster-than-predicted rate in the third quarter. The Dow rallied 137 points to 13,930. The S&P 500 gained 18 points to 1,549. The Nasdaq rose 42 points to 2,859. Crude oil surged to a new record well above $94 a barrel. Conway G. Gittens reports. Posted By : mymoney Added : 2007/11/01 Views : 1857 Tags : Rated : ![]() 0 Votes A Fund’s Report Card Morningstar's Christine Benz explains how to rank funds according to stewardship and why this is important for individual investors. Posted By : mymoney Added : 2007/10/27 Views : 1826 Tags : Rated : ![]() 0 Votes Jubak’s Journal: Credit card crunch When it comes to banking, a "credit crunch" means that banks cut back on lending because of past losses. But now credit card companies are "crunching" customers -- raising fees, cutting limits and more -- and that could in turn hurt consumer spending, says MSN Money’s Jim Jubak. Posted By : mymoney Added : 2007/10/27 Views : 1750 Tags : Rated : ![]() 0 Votes Asia markets eye dlr, M&A Nov. 9 - Asian shares were mixed to higher Friday, with a weak U.S. dollar and merger talk pulling investors in different directions. Japan's Nikkei fell for a 6th straight session, despite gains by camera maker Nikon after raising its profit outlook, while Australian and Korean benchmarks rose. Dan Sloan reporting Posted By : mymoney Added : 2007/11/10 Views : 1669 Tags : Rated : ![]() 0 Votes Bargain or Value Trap? Morningstar's Pat Dorsey offers tips for distinguishing value opportunities from stocks in long-term decline. (more) Posted By : mymoney Added : 2007/10/27 Views : 1644 Tags : Rated : ![]() 0 Votes Choppy Trade in Asia Nov. 13 - Most Asian shares fell in choppy trade on Tuesday, as credit concerns continue to weigh on investor sentiment. Japan's Nikkei extended its losing streak as investors shrugged off latest data which showed solid growth for the third quarter. Soaring food costs in China drove inflation to almost 11-year highs in October, reinforcing expectations of further rate hikes. Nina Mehra reporting. Posted By : mymoney Added : 2007/11/13 Views : 1641 Tags : Rated : ![]() 0 Votes Asia banks shake off Citi Nov. 6 - Asian share markets were mostly higher Tuesday, as financial shares recovered from a recent drubbing. Japan's Nikkei rose as the yen edged back against the dollar, and beleagured banks and brokerages edged up. Dan Sloan reporting. Posted By : mymoney Added : 2007/11/06 Views : 1638 Tags : Rated : ![]() 0 Votes Credit fears grip Wall Street Nov. 9 - U.S. stocks were down sharply on Friday after Wachovia Bank and Capitol One added to fears the impact of the credit crunch is spreading. A disappointing full-year outlook from wireless technology company Qualcomm added further pressure to the market. Speaker: Art Hogan, chief market strategist, Jefferies and Co. Conway G. Gittens reports from New York. Featured Video: Ninja vending machine disguiseSurgery success for eight-limbed girl Posted By : mymoney Added : 2007/11/10 Views : 1628 Tags : Rated : ![]() 0 Votes Asian shares tumble Nov. 16 - Asian shares tumbled on Friday with investors growing increasingly nervous about the state of the U.S. economy. Hong Kong shares were badly hit by expectations for further interest rate hikes in China, which posted decade high inflation numbers this week. Japan's benchmark Nikkei index is hovering around 15 month lows. Tara Joseph-Hui reporting. Posted By : Added : 2007/11/17 Views : 1565 Tags : Rated : ![]() 0 Votes Identifying the Best Index Funds Identifying the Best Index Funds Morningstar's Christine Benz outlines the key criteria to keep in mind Posted By : Added : 2008/06/22 Views : 1558 Tags : Rated : ![]() 0 Votes Awaiting Iraq status report Apr. 4 - Both the top military commander in Iraq and leading US diplomat deliver Iraq status report Congress. On the economic front, a key report is due Thursday when the Commerce Department releases trade figures. Deborah Lutterbeck reports. Posted By : Added : 2008/04/06 Views : 1548 Tags : Rated : ![]() 1 Votes Citigroup posts $5.1 bln loss Apr. 18 - Citigroup posted its second consecutive quarterly loss, racking up another $16 billion in write-downs tied to unstable credit markets. The $5.11 billion quarterly loss was bigger than expected but the stock jumped on hopes the new management team will be able to stop the bleeding. Conway Gittens reports from New York. Posted By : Added : 2008/04/20 Views : 1542 Tags : Rated : ![]() 0 Votes Investment Opportunities in China Since the beginning of economic reforms two decades ago, the economy in China has produced real growth rates of between 8 percent and 10 percent per year. It is believed that China will continue to experience exceptional growth for decades to come at rates well above those of any other large country in the world. In this talk Professor Burton Malkiel discusses why China will enjoy growth... (more) Posted By : Added : 2007/11/19 Views : 1541 Tags : Rated : ![]() 0 Votes Chinese workers in demand Jan. 04 - Baltic companies are looking to China to find labourers after thousands of Eastern European workers migrated to Western Europe. Thousands of Lithuanians, Latvians and Estonians have left for better wages in western Europe following European Union accession, leaving local employers to look for migrant workers as far as China to fill the widening labour gap. Matt Cowan reports. Soundbites: Raimundas Mickunas, Deputy Director of the "Mitnija" Construction Company (speaking Lithuanian with English translation). Gao Yongbin, Welder from China (speaking in Mandarin with English translation). Posted By : Added : 2008/01/06 Views : 1510 Tags : Rated : ![]() 0 Votes Commodities still soaring Jan. 3 - Gold and platinum surge to historic highs while oil prices hovered close to Wednesday's $100 a barrel record. European markets mostly lower DSG shares slump after profit warning Ford confirms Tata as frontrunner for Jaguar, Land Rover German unemployment falls more than expected Karen Noack reports. Posted By : Added : 2008/01/05 Views : 1494 Tags : Rated : ![]() 0 Votes CEO on Thomson Reuters future Apr. 17 - Thomson Reuters CEO Tom Glocer says scaling back on general news coverage at the newly-combined company is "totally wrong." The CEO of the newly-formed news and information provider Thomson Reuters says speculation about the company scaling back general news coverage is "totally wrong." Tom Glocer, speaking at the company's global headquarters in New York on Thursday, says "so much of the revenue in financial services is underpinned by general news" and that it could not "be more core to the history of Reuters and it couldn't be more relevant to the present and the future." Speaker: Tom Glocer CEO, Thomson Reuters Presenter: Fred Katayama New York Posted By : Added : 2008/04/20 Views : 1188 Tags : Rated : ![]() 1 Votes Awaiting Iraq status report Apr. 4 - Both the top military commander in Iraq and leading US diplomat deliver Iraq status report Congress. On the economic front, a key report is due Thursday when the Commerce Department releases trade figures. Deborah Lutterbeck reports. Posted By : Added : 2008/04/06 Views : 1548 Tags : Rated : ![]() 1 Votes Dow hits 3-month high Apr. 18 - Wall Street ended the week with a powerful rally after quarterly results from Google encouraged buying and Citigroup inspired hope the worst of the credit crunch was over. The Dow surged 228 points to 12,849. The S&P 500 jumped 24 points to 1,390. The Nasdaq rallied 61 points to 2,402. Crude oil prices rose $1.83 to a record close of $116.96. Conway Gittens reports from New York. Posted By : Added : 2008/04/20 Views : 1463 Tags : Rated : ![]() 0 Votes Learning to survive climate change Apr. 18 - A museum exhibition in London offers an interactive vision of how climate change might shape the planet in 2050. By using the kind of visual stimulation usually found in an arcade, organizers hope to convey a serious message about the environment. Reuters reporter Darcy Lambton has more. SOUNBITE: Malinda Campbell, Content Manager, The Science of Survivals Posted By : Added : 2008/04/20 Views : 1229 Tags : Rated : ![]() 0 Votes Citigroup posts $5.1 bln loss Apr. 18 - Citigroup posted its second consecutive quarterly loss, racking up another $16 billion in write-downs tied to unstable credit markets. The $5.11 billion quarterly loss was bigger than expected but the stock jumped on hopes the new management team will be able to stop the bleeding. Conway Gittens reports from New York. Posted By : Added : 2008/04/20 Views : 1542 Tags : Rated : ![]() 0 Votes Japan up, China tumbles April 18 - Asia stocks were mixed on Friday with Japan ending the week on a positive note, but China shares continuing to lose steam. Tokyo investors took heart from better than expected U.S. corporate earnings with exporters gaining ground. Shanghai stocks tumbled as much as 4 percent on worries over inflation and further monetary tightening. Tara Joseph-Hui reports. Posted By : Added : 2008/04/20 Views : 1325 Tags : Rated : ![]() 0 Votes Jubak’s Journal: Is a bottom coming? Will this be the stock market’s final exam? Stocks are headed to a test of their March lows. If that level holds, maybe we can finally say the market’s found its bottom, says Jim Jubak. Posted By : Added : 2008/06/22 Views : 1441 Tags : Rated : ![]() 0 Votes Where’s the price of oil headed? Russian energy giant Gazprom is predicting $250-a-barrel oil for 2009. Gazprom could scare enough Western oil companies out of Russia to make that projection come true, says Jim Jubak. Posted By : Added : 2008/06/22 Views : 1425 Tags : Rated : ![]() 0 Votes Identifying the Best Index Funds Identifying the Best Index Funds Morningstar's Christine Benz outlines the key criteria to keep in mind Posted By : Added : 2008/06/22 Views : 1558 Tags : Rated : ![]() 0 Votes Housing relief on the way Jul 23 - President Bush dropped opposition to a key housing rescue plan, which included a provision for Fannie Mae and Freddie Mac. The Dow gained 29 points to 11,632. The S&P 500 rose 5 points to 1,282. The Nasdaq rallied 21 points to 2,325. Crude oil fell $3.98 to settle at $124.44 a barrel. Conway Gittens reports from New York. Posted By : Added : 2008/07/24 Views : 1276 Tags : Rated : ![]() 0 Votes European carmakers defy gloom Jul 23 - Volkswagen, Peugeot Citroen and Fiat issue surprisingly strong results due to cost-cutting as sales in big markets are down. Oil has steepest fall in history De Beers sees strong diamond demand Stefanie McIntyre reports. Posted By : Added : 2008/07/24 Views : 1321 Tags : Rated : ![]() 0 Votes Fannie Mae and Freddie Mac Jul. 23 - U.S. lawmakers are expected to approve a housing plan that includes help for battered mortgage giants Fannie Mae and Freddie Mac. Hurricane Dolly strengthened, but still was on track to miss the Gulf of Mexico oil and gas hub. Crude prices dropped sharply for the second consecutive session. McDonald's cheap meals and international sales boosted quarterly profits. Conway Gittens reports from New York. Posted By : Added : 2008/07/24 Views : 1130 Tags : Rated : ![]() 0 Votes Asia stocks helped by oil July 23 - A drop in oil prices helped boost Asia stocks on Wednesday. Australia's largest investment bank, Macquarie, also posted a sunny outlook for its first fiscal quarter of the year. China hotels however are slashing hotel rates on weaker than expected demand over the Olympic period. Tara Joseph-Hui reports. Posted By : Added : 2008/07/24 Views : 1131 Tags : Rated : ![]() 0 Votes G20 plea for global finance overhaul 01:27) Report Nov 8 - Finance ministers and central bank chiefs from around the world meet in Brazil to discuss the global economic crisis. Brazil's president opened the conference with an attack on what he called the dogmatic faith in market non-intervention espoused by the U.S. and other countries and said emerging powers must have more of a hand in crucial decisions. Paul Chapman reports. Posted By : Added : 2008/11/09 Views : 842 Tags : Rated : ![]() 0 Votes Asia markets eye dlr, M&A Nov. 9 - Asian shares were mixed to higher Friday, with a weak U.S. dollar and merger talk pulling investors in different directions. Japan's Nikkei fell for a 6th straight session, despite gains by camera maker Nikon after raising its profit outlook, while Australian and Korean benchmarks rose. Dan Sloan reporting Posted By : mymoney Added : 2007/11/10 Views : 1669 Tags : Rated : ![]() 0 Votes All eyes on jobs Feb. 29 - The employment report is expected to show modest job gains pointing to weakness in the economy. Also on the economic docket, construction spending figures on Monday; the ISM non manufacturing report Wednesday as well as the Federal Reserve's so-called beige book report on the economy. Deborah Lutterbeck reports. Posted By : Added : 2008/03/01 Views : 745 Tags : Rated : ![]() 0 Votes China, U.S. spar over trade Dec. 12 - China and the U.S. engaged in trade recriminations on Wednesday, as top officials met in the city of Xianghe. China expressed concern about politicizing trade issues. The U.S. said China needs to press for a more open economy. Tara Joseph-Hui reports. Posted By : Added : 2007/12/13 Views : 721 Tags : Rated : ![]() 0 Votes China's growing rich poor gap Mar. 7 - China's economy may be booming but not everyone is getting rich. Five years after Hu Jintao and Wen Jiabao came to power promising to look out for the little people, just outside the capital the gap between rich and poor is growing. Tyra Dempster reports. Posted By : Added : 2008/03/09 Views : 890 Tags : Rated : ![]() 0 Votes Markets end week on a high Feb. 1 - Microsoft's bid for Yahoo trumps weak jobs data. The Dow grew 92 points to 12,743. The S&P 500 gained 16 points to 1,395. The Nasdaq rose by 23 points to 2,413. Manoush Zomorodi reports from New York. Posted By : Added : 2008/02/03 Views : 995 Tags : Rated : ![]() 0 Votes Bargain or Value Trap? Morningstar's Pat Dorsey offers tips for distinguishing value opportunities from stocks in long-term decline. (more) Posted By : mymoney Added : 2007/10/27 Views : 1644 Tags : Rated : ![]() 0 Votes CEO on Thomson Reuters future Apr. 17 - Thomson Reuters CEO Tom Glocer says scaling back on general news coverage at the newly-combined company is "totally wrong." The CEO of the newly-formed news and information provider Thomson Reuters says speculation about the company scaling back general news coverage is "totally wrong." Tom Glocer, speaking at the company's global headquarters in New York on Thursday, says "so much of the revenue in financial services is underpinned by general news" and that it could not "be more core to the history of Reuters and it couldn't be more relevant to the present and the future." Speaker: Tom Glocer CEO, Thomson Reuters Presenter: Fred Katayama New York Posted By : Added : 2008/04/20 Views : 1188 Tags : Rated : ![]() 1 Votes Obama: The economy first Nov. 7 - President-elect Obama in his first post election news conference said stimultaing the economy will be his first order of business. Obama noted the latest economic data showing significant job losses and an increase in unemployment, he said he was well aware of the economic challenges that his administration will face. Deborah Lutterbeck reports. SOUNDBITES: President-elect Barack Obama Posted By : Added : 2008/11/09 Views : 971 Tags : Rated : ![]() 0 Votes Warren Buffett - Businesses That Last Posted By : Added : 2008/03/06 Views : 1177 Tags : Rated : ![]() 0 Votes Health reforms for Czech Republic Jan. 3 - The Czech Republic introduces charges for health care services. Patients or so-called clients will now pay 30 crowns (EUR 1,15) for doctor visits, 60 Crowns (EUR 2,30) for one day hospital stays and 90 Crowns (EUR 3,45) for visiting the emergency services. They will also pay 30 Crowns (EUR 1,15) for prescription items. The Health Ministry believes the changes will make people more responsible for their own health. Michelle Carlile-Alkhouri reports. Posted By : Added : 2008/01/05 Views : 728 Tags : Rated : ![]() 0 Votes Asian shares tumble Nov. 16 - Asian shares tumbled on Friday with investors growing increasingly nervous about the state of the U.S. economy. Hong Kong shares were badly hit by expectations for further interest rate hikes in China, which posted decade high inflation numbers this week. Japan's benchmark Nikkei index is hovering around 15 month lows. Tara Joseph-Hui reporting. Posted By : Added : 2007/11/17 Views : 1565 Tags : Rated : ![]() 0 Votes Next stop $110 for oil? Feb. 29 - Oil prices are expected to set new records after touching above $103 on Friday with sentiment buoyed by a falling dollar and rising consumption outside of the U.S. But some analysts are cautious, pointing to a build-up of U.S. supplies and an expected slowdown in demand as signs the current price of oil is too high. Few, however, predict oil will fall to the $90 a barrel area before rising to $110. SPEAKER: Ray Carbone, president, Paramount Options Conway Gittens reports from New York. Posted By : Added : 2008/03/01 Views : 657 Tags : Rated : ![]() 0 Votes Dow hits 3-month high Apr. 18 - Wall Street ended the week with a powerful rally after quarterly results from Google encouraged buying and Citigroup inspired hope the worst of the credit crunch was over. The Dow surged 228 points to 12,849. The S&P 500 jumped 24 points to 1,390. The Nasdaq rallied 61 points to 2,402. Crude oil prices rose $1.83 to a record close of $116.96. Conway Gittens reports from New York. Posted By : Added : 2008/04/20 Views : 1463 Tags : Rated : ![]() 0 Votes Asia stocks mixed, banks up Dec. 20 - Asian shares were mixed in volatile trade on Wednesday with volumes starting to thin ahead of the Christmas holiday. Japan's Nikkei ended flat after the Bank of Japan kept interest rates on hold, as expected. South Korea shares slipped after an initial spike on news pro-business candidate Lee Myung-bak won a landslide victory in the country's presidential election. Tara Joseph-Hui reporting. Posted By : Added : 2007/12/21 Views : 777 Tags : Rated : ![]() 0 Votes Economy front and center Mar. 7 - Figures on trade, retail sales and inflation are due in the week ahead. On Capitol Hill, lawmakers are expected to focus on the budget as they head toward a two week recess that is expected to begin Friday. Deborah Lutterbeck reports. Posted By : Added : 2008/03/09 Views : 931 Tags : Rated : ![]() 0 Votes |
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