Marc Pado, U.S. market strategist for Cantor Fitzgerald, said the tame consumer prices reading, along with recent figures on productivity, indicate that businesses are swallowing some of the rising co…
May
16
HONG KONG - Asian shares rose on Thursday, with some indexes at multi-month highs, after benign US inflation data that might give the Federal Reserve room to keep US interest rates low to deal with th…
May
16
MANILA, Philippines — (UPDATE) Shares closed higher on Thursday, extending a rally for the seventh straight session after Wall Street rose overnight following better-than-expected US inflation data f…
May
16
LONDON, May 15 (Reuters) - Wall Street looked set for a modest gain at the start on Thursday with the focus on earnings from key retailers JC Penney (JCP.N:
May
16
Hong Kong stocks once plunged as much as 444.71 points, or 1.71 percent, but later made a drastic V-turn comeback to edged down only 19.29 points, or 0.08 percent, to close at 25,533.48 on Wednesday. …
May
16
Here's what has changed: the proliferation of energy trading desks on Wall Street and at hedge funds. There are more than 9,000 hedge funds with $1.5 trillion under management, according to the Federa…
May
16
Tokyo - Tokyo stocks ended higher Thursday as worries receded about the economy of the United States, Japan's largest export market, and after Sony Corp predicted a rise in earnings. The Nikkei 225 St…
May
16
TOKYO, May 15 (Reuters) - Japanese government bond futures fell on Thursday, extending sharp losses suffered the previous day, as Tokyo shares gained and investors fretted before an auction of rece…
May
16
) said fiscal fourth quarter to March 31 adjusted pretax profit rose 3% to 714 million pounds ($1.39 billion), with revenue up 2% to 5.42 billion pounds. Its adjusted EBITDA of 1.57 billion pounds w…
May
16
By Reuters Oil fell below $124 on Thursday as rising U.S. distillates stocks and Iran's reassurances that it would not cut crude exports added to a strengthening U.S. dollar to limit the upside.