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Updated: 1 min 31 sec ago

Asia Markets: Chinese steel makers rise more on production curbs

Mon, 09/06/2010 - 11:32pm
Chinese steel makers soar after local media report authorities have asked several companies to temporarily suspend production in order to help China meet its energy-saving targets.


Categories: Investment News

Oracle names Mark Hurd as co-president

Mon, 09/06/2010 - 9:42pm
Oracle names former scandal-hit Hewlett-Packard chief Mark Hurd as one of its two presidents and says current co-president Charles Phillips will leave the firm.


Categories: Investment News

Caixin Online: China begins to suffer aging-population pressures

Mon, 09/06/2010 - 7:59pm
After 30 years of a one-child policy and an increase in average lifespans, millions of elderly in China are facing a growing shortage of residential facilities and nursing services for senior citizens, reports Caixin Online.


Categories: Investment News

Caixin Online: China's census to include empty housing

Mon, 09/06/2010 - 7:09pm
For the first time, the Chinese government will collect information about vacant housing in connection with a population census now underway, reports Caixin Online.


Categories: Investment News

NewsWatch: Obama unveils $50 bln infrastructure plan

Mon, 09/06/2010 - 5:00pm
President Barack Obama unveils a $50 billion plan to upgrade the nation's roads, airports and railways, choosing a Labor Day rally in Milwaukee to announce the administration's latest proposal to revive the economy.


Categories: Investment News

Obama unveils $50 bln infrastructure plan

Mon, 09/06/2010 - 4:32pm
President Barack Obama unveils a $50 billion plan to upgrade the nation's roads, airports and railways, choosing a Labor Day rally in Milwaukee to announce the administration's latest proposal to revive the economy.


Categories: Investment News

Therese Poletti's Tech Tales: Could Mark Hurd end up at Oracle?

Mon, 09/06/2010 - 3:03pm
Since the abrupt exit of Mark Hurd last month from the top perch at Hewlett-Packard Co., there has been much speculation on whether he will end up gainfully employed again, writes Therese Poletti.


Categories: Investment News

Tropical Storm Hermine could cause disruptions

Mon, 09/06/2010 - 2:30pm
Tropical Storm Hermine strengthens near the Gulf of Mexico, raising concerns it could hamper oil-producing and refining areas.


Categories: Investment News

London Markets: Stocks in London extend recent gains

Mon, 09/06/2010 - 12:15pm
British stocks rise, extending their gains from the previous session, as better-than-expected U.S. jobs data continue to underpin market sentiment.


Categories: Investment News

Europe Markets: Utilities help push European markets higher

Mon, 09/06/2010 - 12:09pm
European stock markets edge higher, adding to payrolls-inspired gains from the previous session, with utilities stocks among the top performers after a broker upgrade and a German decision to extend the life of nuclear-power stations.


Categories: Investment News

NewsWatch: Stocks to watch: Casey's, Phillips-Van Heusen

Mon, 09/06/2010 - 12:00pm
Among the companies whose shares are expected to see active trade in Tuesday's session are Casey's General Stores Inc., Phillips-Van Heusen Corp., and Flow International Corp. U.S stock markets are closed Monday for the Labor Day holiday.


Categories: Investment News

Israel Stocks: Israel stocks flat; Hapoalim upgraded at BarCap

Mon, 09/06/2010 - 11:21am
Israeli stocks are little changed, with Ratio Oil pulling back and Bank Hapoalim rising after an analyst upgrade.


Categories: Investment News

Controversial reactor plan boosts German utilities

Mon, 09/06/2010 - 9:23am
German utility shares, including E.On and RWE, jumped Monday, boosted by a controversial government proposal to extend the working life of the nation’s nuclear reactors by an average of 12 years longer than planned.


Categories: Investment News

NewsWatch: Utilities help push European markets higher

Mon, 09/06/2010 - 9:00am
European stock markets edge higher Monday, adding to payrolls-inspired gains from the previous session, with utilities stocks among the top performers after a broker upgrade and a German decision to extend the life of nuclear-power stations.


Categories: Investment News

Currencies: Dollar slips as risk appetite rises in quiet trade

Mon, 09/06/2010 - 7:33am
The dollar consolidated versus major rivals in quiet trade Monday, as investor appetite for riskier assets remained buoyed by a stronger-than-expected round of U.S. labor data last week.


Categories: Investment News

Several Asian indexes end up for 4th straight day

Mon, 09/06/2010 - 6:56am
HONG KONG (MarketWatch) -- Several Asian stock markets advanced for a fourth straight session on Monday after better-than-expected U.S. jobs data eased economic worries and buoyed Wall Street last week.


Categories: Investment News

BP reportedly stepping up asset disposal plans

Mon, 09/06/2010 - 6:43am
BP PLC is stepping up its asset disposal plans with a revived effort to sell all or part of its Prudhoe Bay stake in Alaska and an increase in its target for total asset sales, according to media reports.


Categories: Investment News

Vodafone starts search for new chairman: reports

Mon, 09/06/2010 - 5:42am
Vodafone Group PLC, the world’s largest mobile operator by revenue, has launched a search for a new chairman to replace John Bond, according to several media reports.


Categories: Investment News

Severstal swings to second-quarter profit

Mon, 09/06/2010 - 4:14am
Severstal, the Russian steel maker controlled by billionaire Alexey Mordashov, said on Monday it swung to a second-quarter profit, but the results missed market expectations as the firm’s U.S. operations remained lossmaking.


Categories: Investment News

Caixin Online: Chinese cities compete to host foreign PE funds

Sun, 09/05/2010 - 10:10pm
As competition among private-equity firms, such as Blackstone and TPG, heats up in the Chinese market, major cities there are fighting each other to host the funds, in hopes of big returns for their local economies, reports Caixin Online.


Categories: Investment News