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Asia shares up, banks shrug off China policy move »
Asia shares up, banks shrug off China policy move
Asian shares leapt to a three-week high on Wednesday, powered by financial and resource shares after investors bought commodities on a weaker dollar, while Hong Kong shares shrugged off China’s latest move to temper robust lending.
The Hang Seng rose 1.8 percent after a long Lunar [...]
Berkshire shares up as Buffett group enters S&P (AFP) »
as billionaire Warren Buffett's holding company was integrated into the Standard & Poor's 500 index and was set to finalize its big rail acquisition.
Shares in Berkshire rose 0.56 percent in early trade to 77.12 dollars.
, one of the world's richest men, was set to finalize its 26.3
, one of the largest rail [...]
Borders shares soar 38 percent after Ackman comments »
NEW YORK (Reuters) – Borders Group Inc shares spiked nearly 40 percent on Wednesday after its largest investor, William Ackman, said there was little likelihood the struggling bookseller would file for bankruptcy and it could even be part of an industry consolidation.
Borders shares rose 36 cents to $1.30 in trading on the New York [...]
Asia shares rise on U.S. cues »
Asia shares rise on U.S. cues
SINGAPORE (Reuters) – Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.
European stocks were set to gain for a fourth straight session on strength in Asian [...]
Asia shares up off 3-month lows »
SINGAPORE (Reuters) – Resource stocks lifted Asian shares off three-month lows on Tuesday after strong U.S. manufacturing data raised hopes the global economic recovery was on a firmer footing.
But the Australian dollar sank, pulling down the euro, after the country’s central bank left interest rates unchanged in a move that stunned markets and underscored [...]
Asia shares fall to three-month lows (Reuters) »
SINGAPORE (Reuters) –
Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.
European shares (.FTEU3) were also expected to retreat by as much as 1.2 percent amid lingering worries about Greece [...]
Berkshire Hathaway to join S&P 500, shares soar (Reuters) »
.N) (
.N) to its flagship
stock index (.SPX), as the company prepares to acquire railroad operator
.N).
Berkshire's Class B shares rose $5.40, or 7.9 percent, to $73.40 following the announcement after hours. Its Class A shares, which were not split, closed down $1,449 at $101,751 on Tuesday. They rose 8.1 percent to $110,000 [...]
FTSE 100 shares end in the red (AFP) »
's leading stock exchange closed in the red on Monday after sales of US existing homes fell more than expected.
slipped 0.81 percent to close at 5,260.31 points.
was the most traded stock, seeing 205 million units change hands, followed by telecom giant Vodafone, which saw 112 million shares switch owners.
topped the leader board, [...]
Asia shares slump on China loan curb fears »
HONG KONG (Reuters) – Asian stocks slid on Tuesday, with Taiwan suffering its worst one-day fall in six months, as fears mounted that China could impose further measures to curb soaring loan growth, potentially dampening a global recovery.
Highlighting fears that global growth may be sputtering, data showed South Korea’s fast recovering economy lost its [...]
Big bank shares hammered after Obama proposal (AP) »
plummeting Thursday.
, Obama vowed to fight big banks with tougher regulations that he believes would head off the cascading failures that required billions in bailout funds for
.
He wants new rules that would restrict banks in the use of depositor money and also limit how big financial institutions can become.
“The market certainly [...]