Japanese shares rise on US gains, oil Syracuse | TOKYO (AP) - Japanese shares rose for the third straight session Thursday, lifted by further gains on Wall Street and a continuing slide in oil prices. | The benchmark Nikkei 225 index increased 290.38 points, or 2.18 percent, to close at 13,603.31. | "The index was supported by external factors s...
Dollar near one-month high vs yen, kiwi slides The Times Of India | TOKYO: The dollar hovered near a one-month high against the yen on Thursday, supported by the previous day's drop in oil prices and signs of improved confidence in the U.S. financial sector. Oil extended its losses on Wednesday to fall m...
AP Executive Morning Briefing The Tribune San Luis Obispo The Associated Press | The top business news from The Associated Press for the morning of Thursday, July 24, 2008: | Visa survey shows foreign travel remains popular | NEW YORK (AP) - The weak U.S. dollar has not dissuaded Americans from planning tri...
Japanese shares rise on US gains, oil Syracuse | TOKYO (AP) - Japanese shares rose for the third straight session Thursday, lifted by further gains on Wall Street and a continuing slide in oil prices. | The benchmark Nikkei 225 index increased 290.38 points, or 2.18 percent, to close at 13,603.31...
Inflation retreat likely soon Canada Dot Com | Peak oil = peak demand = peak inflation. | Just as soaring oil prices appear to have sewn the seeds of their own demise by causing a peak in demand, so too will we see a peak in inflation. | On a purely mathematical basis, nosebleed inflation figur...
WN / patricia
Dollar nudges higher against yen in Asia Inquirer | TOKYO, Japan -- The dollar rose slightly against the yen in Asian trade Wednesday, propped up by a drop in oil prices and renewed speculation about possible US interest rate rise...
Oil prices slip, helping Asian shares International Herald Tribune | : Oil prices slipped Wednesday, helping to lift Asian stocks and to weigh on government bonds as investors cautiously reached for higher returns as well as more risk. | Crude was...
Japan cuts economic growth forecast Dawn | TOKYO, July 22: Japan’s economy is set to grow by 1.3 per cent this fiscal year, much less than previously expected as soaring commodity and food costs hit companies and consumer...
Forks in the markets Asia Times | By R M Cutler | MONTREAL - Differences in the medium-term declines in the Asian stock markets make it possible to identify two groups, or bifurcation, by magnitude, while if one looks instead at short-term volatility, there appears to be three diff...
Food and gas fuel inflation Canada Dot Com | OTTAWA -- Just as Canadian consumers are starting to get some price relief at the gas pumps, now they are being hit by higher prices at the grocery store as food joins energy in fuelling inflation. | Food prices - padded by increases of 44% for flo...
Gucci losing ground to Louis Vuitton Canada Dot Com | Chachet fades | Gucci, the biggest money maker for Paris-based retailer PPR SA, may report a 5.8% increase in second-quarter sales today after losing customers in the first three months of this year to luxury rivals it had outperformed for three ye...
Japan's trade surplus tumbles as US economy cools The Australian | JAPAN'S trade surplus in June plunged 89 per cent as demand slowed for its goods due to a cooling US economy and a stronger yen. The trade surplus came to 138.63 billion yen ($1.3 billion), falling from 1.25 trillion yen in June 2007, dropping for the fourth straight month, official figures showed. | The figure was far below analysts' forecast of...
Japan eyes nuclear investment option Business Report | By INGI SALGADO | Cape Town - Members of the South African cabinet left an extended meeting of the Group of Eight (G8) yesterday, reportedly with an offer from the Japanese government to build 12 nuclear reactors worth up to R360 billion. | Environmental affairs and tourism minister Marthinus van Schalkwyk was quoted by Kyodo News as saying the c...