Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
By Alison Leung and Fang Yan
HONG KONG/BEIJING | Mon Aug 23, 2010 4:45am EDT
HONG KONG/BEIJING (Reuters) – China’s BYD Co Ltd (1211.HK), backed by U.S. billionaire Warren Buffett, warned on Monday of a slowdown in car sales during the second half of the year and said [...]
Market Brief
The JPY advanced against all 16 major counterparts before reports this week forecast to show US existing home sales fell and Japan’s export growth slowed in July. Australia’s currency weakened after the election failed to deliver a majority government for the first time in 70 years. The EURUSD traded near a five-week low [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Previous session overview
The yen rose against the dollar in Asia Monday as Japan’s prime minister and top central banker limited their dialogue on foreign-exchange matters to a telephone conversation. This lead investors to think that Tokyo may not take immediate action to tame the yen’s recent strength.
Bank of Japan Gov. Masaaki Shirakawa and [...]
The Taiwan’s economy has witnessed unexpected high growth levels during the second quarter of this year, after Taiwan’s exports surpassed the global financial crisis benefiting from the increase on demand from the Chinese economy and the whole Asian region. This shows the degree of flexibility in the Taiwan’s economy and it’s position standing up to [...]
By Michael Smith and David Jones
SYDNEY/LONDON | Mon Aug 23, 2010 7:42am EDT
SYDNEY/LONDON (Reuters) – Brewing groups SABMiller (SAB.L) and Asahi Breweries (2502.T) are looking at Foster’s Group’s (FGL.AX) beer operations, valued at more than $10 billion, but have not yet made any formal offers, sources [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
By Ryan Vlastelica
NEW YORK | Mon Aug 23, 2010 8:08am EDT
NEW YORK (Reuters) – Stock index futures rose on Monday, following two weeks of losses for the S&P and Dow, as sentiment was lifted by several potential mergers and deals.
Hewlett-Packard Co (HPQ.N) bid $24 a share [...]
Thailand’s economy released today its report to show the gross domestic product (GDP) in Thailand for the second quarter of the year, where the Thai economy expanded more than analysts’ expectations as exports increased, helping the recovery to rebound, and facing the political turmoil impact during April and May.
The Thailand’s annualized gross domestic product inclined [...]
By Alex Lawler
LONDON | Mon Aug 23, 2010 7:06am EDT
LONDON (Reuters) – Oil rebounded to top $74 a barrel on Monday on a weaker dollar, but prices stayed close to last week’s six-week lows on bulging U.S. inventories and a lack of hurricane activity in the [...]