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 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 : 64 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 : 59 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 : 55 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 : 57 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 : 59 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 : 107 Tags : Rated :  1 Votes  Stocks lifted by economic hopes Mar. 20 - U.S. stocks sprinted higher after a smaller-than-expected drop in a regional manufacturing activity soothed investor concerns. The rout in the commodities market continued as investors curtailed winning gold and oil positions in order to build cash reserves. In a Reuters exclusive, an eBay spokeswoman said the Online auctioneer will trim its global workforce. Nike shares rallied after posting a 32 percent jump in quarterly profits. Conway Gittens reports from New York. Posted By : Added : 2008/03/24 Views : 107 Tags :  Britain's bankers meet with BoE Mar 20 - Britain's top bankers are meeting with the Bank of England to try to ease jittery money markets after rumours of liquidity problems at HBOS led its shares to plunge 17 percent on Wednesday. Top bankers meet with BoE Euro shares fall on Credit Suisse profit warning and Allianz outlook OECD says U.S. growth halted, but euro zone steady Stefanie McIntyre reports. Posted By : Added : 2008/03/24 Views : 100 Tags :  Wall St. lifted by economic data Mar. 20 - U.S. stocks staged a strong finish to a holiday-shortened week after a not-so-bad regional business survey bolstered investor confidence. The Dow surged 261 points to 12,361. The S&P 500 rallied 31 points to 1,329. The Nasdaq rose 48 points to 2,258. Crude oil and gold saw further slides. Conway Gittens report from New York. Posted By : Added : 2008/03/24 Views : 90 Tags :  A golden roller coaster Mar. 21 - The cost of gold is on a roller coaster ride and jewelers are paying the price. On March 17, gold hit a record high of $1,030 an ounce but by the end of the week had dropped to $904. Lindsay Claiborn reports. Posted By : Added : 2008/03/24 Views : 105 Tags :  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 : 187 Tags :   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 : 213 Tags :  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 : 231 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 : 191 Tags :  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 : 243 Tags :  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 : 287 Tags :  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 : 338 Tags :  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 : 322 Tags :  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 : 297 Tags :  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 : 287 Tags :  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 : 286 Tags :  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 : 274 Tags :  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 : 269 Tags : 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 : 243 Tags : 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 : 231 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 : 213 Tags : 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 : 274 Tags :  U.S. Fed provides bank-aid Dec. 12 - The U.S. Federal Reserve surprised the markets by launching a temporary auction facility to provide short term loans. The Fed will work with other central banks to create a temporary auction facility that banks can use to secure short term loans. Fred Katayama reports. SOUNDBITES: Tom Metzold, Portfolio Manager, Eaton Vance Management Jim Grant, Editor, Grant's Interest Rate Observer Posted By : Added : 2007/12/13 Views : 135 Tags :   Wall St. rests after buying spree Nov. 29 - U.S. stocks finished little changed on Thursday, following the sharpest two-day rally in five-years, with strength in the energy sector offset by retail worries. The Dow rose 22 points to 13,311. The S&P 500 rose was basically flat at 1,469. The Nasdaq rose 5 points to 2,668. Crude oil prices finished higher. Conway G. Gittens reports from New York. Posted By : Added : 2007/11/30 Views : 126 Tags :  Microsoft bids $45 billon for Yahoo Feb. 1 - Microsoft aims to break Google's dominance in the market for online search by proposing to buy out Yahoo. The Justice Department says it would look at the "competitive effects" of the proposed deal. Fred Katayama reports. SOUNDBITE: Bobby Tulsiani, Jupiter Research analyst Posted By : Added : 2008/02/03 Views : 102 Tags :  Mixed Asia session Nov. 22 - Shares were mixed in Asia on Thursday with Japan stocks gaining but Hong Kong sliding. Nerves about a waning U.S. economy continued to weigh on investor sentiment. China stocks were among the worst performers. Tara Joseph-Hui reporting. Posted By : Added : 2007/11/23 Views : 102 Tags :  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 : 125 Tags :  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 : 133 Tags : |
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