Asian markets down on Japan data, Ukraine worries
2014-02-28 09:46:35 UTC
MUMBAI, India (AP) — Asian stock markets were lower Friday, shrugging off Wall Street's record high and focusing instead on Japanese economic numbers indicating further stimulus might be needed and the turmoil in Ukraine.
Japan's Nikkei 225, th...
US home prices rise at fastest pace since 2006
2013-10-29 17:33:42 UTC
WASHINGTON (AP) — U.S. home prices rose in August from a year earlier at the fastest pace since February 2006. But the price gains slowed in many cities from July, a sign that the spike in prices over the past year may have peaked.
Japan leads Asian stocks lower after US sell-off
2014-01-14 08:21:41 UTC
HONG KONG (AP) — Most Asian stock markets sank Tuesday, led by Japan, as investors took their cues from a big sell-off in the U.S.
U.S. stocks had their worst day so far this year, with the major benchmarks all dropping more than 1 percent. Con...
Settlement approved in Google stock split lawsuit
2013-10-29 01:05:31 UTC
WILMINGTON, Del. (AP) — A Delaware judge on Monday approved a settlement in a shareholder lawsuit challenging Google Inc.'s plans to split its stock and issue a new class of nonvoting shares.
The ruling by Chancellor Leo Strine Jr. clears the w...
Microsoft 1Q profit, sales top views; shares jump
2013-10-25 07:52:10 UTC
LOS ANGELES (AP) — Microsoft posted quarterly revenue and earnings Thursday that easily topped Wall Street forecasts, marking a healthy start to a companywide overhaul it announced in July that should help the software giant transform into a devic...
Price of crude near $101 as US supplies rise
2013-10-10 06:35:49 UTC
BANGKOK (AP) — Oil prices clawed back a little ground Thursday, a day after a big drop precipitated by an increase in U.S. crude inventories.
Benchmark oil for November delivery was up 15 cents to $101.76 a barrel at midday Bangkok time in elec...
Asia stock markets calm despite US govt shutdown
2013-10-02 08:47:32 UTC
BANGKOK (AP) — Asian stock markets on Wednesday dealt calmly with a partial U.S. government shutdown precipitated by the failure of lawmakers to agree on a way to allow the nation to temporarily pay its bills.
The shutdown went into effect afte...
Oil falls below $102 on US shutdown notice
2013-10-01 05:51:57 UTC
BANGKOK (AP) — The price of oil fell Tuesday after parts of the U.S. government were ordered to shut down because of a budget impasse in Washington.
Benchmark oil for November delivery dropped 35 cents to $101.99 per barrel at midday Bangkok ti...
Asia stocks drift before Shanghai free trade plan
2013-09-27 07:14:13 UTC
HONG KONG (AP) — Asian stocks drifted on Friday, with markets in China edging slightly higher as investors stayed cautious ahead of a major holiday and an announcement on details on a free trade zone in Shanghai. Stocks in Tokyo slid after Japan's...
US pending home sales fall for 3rd straight month
2013-09-26 17:04:55 UTC
WASHINGTON (AP) — Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.
The National Association of Realtors said Thursday tha...
Oil rebounds slightly after falling to nearly $103
2013-09-25 05:40:44 UTC
BANGKOK (AP) — The price of oil rose Wednesday, bouncing back slightly after a string of losses.
Benchmark oil for November delivery was up 24 cents to $103.37 per barrel at midday Bangkok time in electronic trading on the New York Mercantile E...
US home prices rise 12.4 pct., most in 7½ years
2013-09-24 19:41:31 UTC
WASHINGTON (AP) — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.
The Standard &Poor's/Case-Shiller 20-city home pri...
Stocks slump the most in two months on Wall Street
2014-01-14 08:18:22 UTC
NEW YORK (AP) — The stock market had its worst day of the year so far, extending a January slump.
Stocks dropped Monday as falling oil prices pushed down energy stocks. The prospect of the Federal Reserve further cutting back on its economic st...
World stocks higher as China factories recover
2013-09-23 09:30:07 UTC
BANGKOK (AP) — Global stock markets edged up Monday after a survey showed manufacturing in the world's No.2 economy rose to a six-month high last month.
HSBC said the preliminary version of its monthly purchasing managers' index for China rose ...
Oil steady near $105 a barrel
2013-09-23 09:13:45 UTC
BANGKOK (AP) — The price of oil was nearly unchanged Monday, with traders taking a breather following a volatile week.
Benchmark oil for November delivery was up 3 cents to $104.78 at midday Bangkok time in electronic trading on the New York Me...
Oil drops toward $106 as Syria tensions ease
2013-09-20 06:02:08 UTC
BANGKOK (AP) — Progress in reaching a deal to eliminate Syria's chemical weapons helped put downward pressure on oil prices Friday.
Benchmark oil for October delivery was down 31 cents to $106.09 per barrel at midday Bangkok time in electronic ...
Asia stocks quiet in holiday-muted trade
2013-09-20 04:37:51 UTC
BANGKOK (AP) — Japan's benchmark stock index rose modestly but markets elsewhere in Asia were quiet or closed Friday, two days after the Fed announced it would keep its unprecedented stimulus program in place.
The Nikkei 225 index in Tokyo rose...
US home sales hit 6½-year high but could slow soon
2013-09-19 16:16:33 UTC
WASHINGTON (AP) — U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further.
Yet the gain could represent a temporary peak if higher rates slow sales in comi...
World stocks rise as Fed wraps up 2-day meeting
2013-09-18 09:42:15 UTC
BANGKOK (AP) — World stock markets rose modestly Wednesday as investor tensions eased before the Federal Reserve winds up a crucial policy meeting later in the day.
The Fed is widely expected to announce a reduction in its massive bond-buying p...
European auto sales hit new low
2013-09-17 20:00:35 UTC
FRANKFURT, Germany (AP) — Car sales in Europe are still sagging despite the return of modest economic growth.
For the first eight months of the year, passenger car sales in the European Union were off 5.2 percent to 7.84 million compared with t...
Oil falls below $106 ahead of Fed policy meeting
2013-09-17 07:39:28 UTC
BANGKOK (AP) — The price of oil fell below $106 a barrel Tuesday, anticipating that the U.S. Federal Reserve's two-day policy meeting will end with an announcement to scale back its unprecedented monetary stimulus.
Benchmark oil for October del...
Oil edges down toward $108 as Syria talks continue
2013-09-13 07:25:30 UTC
BANGKOK (AP) — Oil prices fell slightly Friday as the U.S. and Russia held discussions in Geneva aimed at getting Syria to give up its chemical weapons.
Talks between U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov...
Oil rises past $106 ahead of Fed policy decision
2013-09-18 09:41:08 UTC
BANGKOK (AP) — The price of oil rose Wednesday, regaining some of the ground lost this week as oil traders prepared for an expected reduction in the U.S. Federal Reserve's massive monetary stimulus.
Benchmark oil for October delivery was up 80 ...
Easing of concerns over Syria boost Asian shares
2013-09-10 04:55:55 UTC
MANILA, Philippines (AP) — Asian shares were mostly higher Tuesday, boosted by good data from Japan and China and some easing of concerns over Syria after Russia offered to press Damascus to put its chemical weapons under international control.
US exempts EU nations from Iran oil sanctions
2013-09-07 07:12:46 UTC
WASHINGTON (AP) — The U.S. granted exemption from Iran sanctions to 10 European countries and Japan on Friday because all of them have significantly reduced or halted oil imports from the Islamic Republic.
Japan continues to import oil from Ira...