Japanese stocks rose for a second day after metal prices gained, U.S. wholesale inventories climbed and the stronger euro boosted the earnings prospects for electronics makers.
Toyota Motor Corp., which gets 31 percent of its revenue in North America, rose 0.8 percent. Canon Inc., a camera maker that counts Europe as its biggest market, climbed 1.1 [...]
Posts Tagged ‘investors’
Japanese Stocks Rise on U.S. Economy, Euro; Toyota, Canon Climb
April 12th, 2010 by Financial Writer
Tags: economy, investors, japan, stock rise, us economic
more...A Rich Crop of Chinese IPOs Set for 2010
April 3rd, 2010 by Financial Writer
Agricultural Bank of China is IPO laggard.
EACH YEAR GLOBAL INVESTORS eye china’s initial- public-offering pipeline and jump to the same two erroneous conclusions. First, that the day of the blockbuster mainland listing is over. Second, that the ripest stock offerings have all been plucked, from banking and oil and gas to insurance and airlines.
Entering the [...]
Tags: asian markets, global investors, investors, japan, thailand
Obama advocates offshore drilling to boost economy, jobs
March 31st, 2010 by Financial Writer
Reversing its previous stance, the Obama administration is proposing that offshore oil and gas drilling be allowed along parts of the Atlantic coast, the eastern portion of the Gulf of Mexico and in 130 million acres in the Arctic Ocean north of Alaska.
According to estimates from the Mineral Management Services of the [...]
Tags: barack obama, business, economic recovery, economists, investors, USA
Wall Street is driving up oil prices
March 31st, 2010 by Financial Writer
Oil prices have steadily rose over the last year, and experts are worrying further increases could snuff out an already-fragile global economic recovery.
President Barack Obama is expected to announce Wednesday his plan to open oil and natural gas drilling off the Atlantic Coast and Gulf of Mexico. The proposal aims to reduce the nation’s reliance [...]
Tags: economic recovery, investors, oil prices, us consumers, wall street
European stock markets mainly rise
March 30th, 2010 by Financial Writer
European equities mostly advanced Tuesday, as investors eyed the upcoming holiday break and US economic data, and digested gains made overnight on Wall Street and earlier in Tokyo.
In late morning trade, Frankfurt’s DAX 30 won 0.09 percent to 6,162.42 points and the Paris CAC 40 added 0.06 percent to 4,003.10, while London’s benchmark FTSE 100 [...]
Tags: european equities, financial markets, investors, us economic, wall street
Low inflation gives Fed room to keep rates down
February 20th, 2010 by Financial Writer
The Federal Reserve seems likely to keep interest rates at record lows for several more months after news Friday that consumer prices excluding food and energy fell in January.
It was the first time such prices have fallen in any month since 1982.
The tame report on consumer prices sent a positive signal to investors and borrowers. [...]
Tags: borrowers, businesses, Dow Jones Industrial, economic recovery, Federal Reserve, global financial markets, investors, low inflation
Small Investors Lost It All in Memphis
February 10th, 2010 by Financial Writer
The commercial real-estate mess is clobbering lots of investors. Few of them are reeling as much as the 27 owners of 1023 Cherry Road in Memphis, Tenn.
The office complex about five miles east of downtown tumbled into foreclosure last fall because the owners couldn’t refinance the $14 million loan used to buy the two glass-and-steel [...]
Tags: commercial mortgages, Debt, investors, loan, memphis, mortgages, unemployment
Investors worry about Downturn: The Sequel
February 8th, 2010 by Financial Writer
Jittery stock traders react to each day’s news as if it could be the start of Financial Crisis 2.0. On Thursday, the Standard & Poor’s 500 index suffered its biggest one-day drop in more than nine months because of worries about debt problems in Greece, Portugal and Spain. Concerns about China’s plans to limit economic [...]
Tags: downturn, economic growth, financial crisis, investors, jittery stock, the sequel, us economic recovery
Obama hits Wall Street, pushes for bank limits
January 22nd, 2010 by Financial Writer
Embracing Depression-era policy and populist politics, a combative President Barack Obama chastised big Wall Street banks Thursday and urgently called for limits on their size and investments to stave off a new economic meltdown.
Investors responded by dumping bank stock.
Obama’s rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile [...]
Tags: bank limit, bank stock, barack obama, economic meltdown, financial industry, investors, wall street
Saudi billionaire eyes new links with News Corp.
January 17th, 2010 by Financial Writer
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch’s News Corp. said he is looking to expand his alliances with the media giant, in the latest indication that his appetite for growth remains robust even as his company retrenches.
Prince Alwaleed bin Talal, a nephew of the Saudi king and [...]
Tags: investors, kingdom holding's, news corp., rupert murdoch's, saudi billionaire