| Copper and gold set for higher opening Domestic copper and gold futures are set to open higher following the rally in international prices over the week-long Chinese New Year holiday.The three-month copper contract on the London Metal... | |
| Mainland market expected to follow HK, int’l increases Analysts said over the weekend they expect Chinese mainland stocks to post gains for the first week after the Chinese New Year holiday, following a rise in Hong Kong shares last week.Last Friday, the... |
| Shagang to raise Feb. booking prices Jiangsu Province-based Shagang, the largest privately-owned steel manufacturer in China, said yesterday that it will raise its main steel product prices for early February bookings, which market... |
| Greek PM tries to win backing from parties for reforms ATHENS, Jan 29 (Reuters) - Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back painful reforms demanded by the near-bankrupt... |
| INSIGHT-Davos elite see euro surviving, for now Before they began eating they were asked to write down the probability, in their view, that the euro would collapse in the next five years, according to two of those present at the meal. They were... |
| Merkel deflects pressure to boost euro bailout funds BERLIN, Jan 29 (Reuters) - Chancellor Angela Merkel tried to deflect growing international pressure on Germany to agree an increase in the euro zone's bailout funds on Sunday by saying talks... |
| UPDATE 1-Iran "very optimistic" on nuclear experts' visit TEHRAN, Jan 29 (Reuters) - Iran said on Sunday it was very optimistic over a visit by U.N. nuclear inspectors aimed at shedding light on suspected military aspects of Tehran's atomic work but... |
| TonenGeneral to buy most of its shares owned by Exxon Mobil TOKYO Jan 29 (Reuters) - Japan's second largest refiner TonenGeneral Sekiyu KK said on Sunday it will buy 99 percent of the shares in ExxonMobil's (XOM.N) Japanese subsidiary, ExxonMobil... |
| UPDATE 1-Tonen buys 99 pct of refinery stake from ExxonMobil for $3.94 bln TOKYO, Jan 29 (Reuters) - Japan's second largest refiner TonenGeneral Sekiyu KK said on Sunday it will buy 99 percent of the shares in ExxonMobil's Japanese unit, ExxonMobil Yugen... |
| Punjab, bread basket of India, hungers for change Almost every day, the lights go out and machines shut down at the two factories of his $3-million-a-year packaging business in the northern India state. When the power goes out, the plants have to... |
| Nuclear experts in Iran on day of oil embargo vote TEHRAN, Jan 29 (Reuters) - U.N. nuclear inspectors arrived in Iran on Sunday, hoping to shed light on suspected military aspects of Tehran's atomic work, on the day its lawmakers look set to... |
| Union says U.S. refinery workers strike more likely HOUSTON Jan 28 (Reuters) - The United Steelworkers union warned on Saturday that a strike by U.S. refinery workers as early as 12 a.m. Wednesday was becoming more likely due to "the lack of a... |
| UPDATE 1-Iran oil chief: sanctions to hit EU buyback firms TEHRAN, Jan 28 (Reuters) - European companies owed oil by Iran could lose out if Tehran imposes a ban on crude exports to the European Union next week, the head of Iran's state oil company... |
| Holiday sales up 16.2% China has witnessed double-digit growth in retail consumption during the 7-day Spring Festival holiday, according to a statement released by the Ministry of Commerce (MOFCOM) yesterday.The total... |
| Property taxes likely coming to more cities One year after property tax was enforced, its effect in pulling down housing sales volume and prices has proven to be limited, despite earlier high expectations, analysts said yesterday."Last... |
| Gold records brisk sales during Spring Festival holidays An increase in gold sales during the Chinese Spring Festival holidays demonstrates consumers' confidence in gold, while the gold prices are continuing the upward trend in 2012, an expert told... |
| US postpones decision on solar tariffs The US Department of Commerce has again delayed its decision on imposing additional tariffs on imports of Chinese solar products, and experts said yesterday the move will help reduce Chinese solar... |
| Greek creditors expect to conclude debt swap next week ATHENS Jan 28 (Reuters) - Greece's private creditors on Saturday said they were close to finalizing a debt swap deal with Athens and expected to conclude talks next... |
| UPDATE 2-Greece, creditors piece together debt deal ATHENS Jan 28 (Reuters) - Greece and its private creditors worked on stitching together the final bits of a complex debt swap agreement on Saturday, amid growing optimism a deal will be clinched... |
| Bankers resist regulatory restraint on bonuses DAVOS, Switzerland, Jan 28 (Reuters) - Budding bankers expecting the bumper bonuses of years gone by will have to think again, with only the top performers likely to be paid top ... |
| Heavy losses for funds as shares dive The 367 funds of the Chinese mainland's 29 fund companies suffered a huge overall loss in the fourth quarter of 2011, according to the companies' reports released as of Friday.The... |
| Yuan rate approaching equilibrium with dollar, claims PBC advisor The exchange rate of the yuan against the US dollar is approaching an equilibrium after the Chinese government's reform of the currency's exchange rate regime, following steady and gradual... |
| Coal producers aim for better spot deals Some coal producers are securing better spot prices from power plants to offset expected losses on their contracts for future delivery, according to a recent media report.Coal producers are facing... |
| UPDATE 1-Salvage crews suspend work on capsized cruise ship GIGLIO, Italy, Jan 28 (Reuters) - Salvage crews preparing to pump thousands of tonnes of diesel fuel and oil from the wreck of the Costa Concordia cruise ship off the Italian coast suspended work... |
| EU energy policy may bring 500,000 jobs DAVOS, Jan 28 (Reuters) - The European Union may pass a triple whammy environment policy in the first half of this year that would bring a rapid jobs boost, cut energy bills and improve the... |
| UPDATE 2-UK police arrest Murdoch tabloid staff, raid offices LONDON, Jan 28 (Reuters) - Police arrested four current and former staff of Rupert Murdoch's best-selling Sun tabloid and a policeman on Saturday in a probe into suspected payments by... |
| Asia Markets: Asia awaits Japan earnings in week ahead LOS ANGELES (MarketWatch) -- Japanese earnings may dominate the coming week in Asia, with several tech giants likely to post grim results in the face of a strong yen and other... |
| Salvage crews suspend work on capsized ship GIGLIO, Italy Jan 28 (Reuters) - Salvage crews preparing to pump thousands of tonnes of diesel fuel and oil from the wreck of the Costa Concordia cruise ship off the Italian coast suspended work... |
| Woman's body found on wrecked liner GIGLIO, Italy Jan 28 (Reuters) - Divers found the body of a woman on the capsized cruise liner Costa Concordia, officials said on Saturday, bringing the total number of known dead from the Jan. 13... |
| Greek troika sees second bailout up to 145 bln euros-report BERLIN Jan 28 (Reuters) - Greece's international lenders think the indebted country will need 145 billion euros of public money from the euro zone for its second bailout rather than the... |
| Police search News Intl offices in London, arrest four LONDON Jan 28 (Reuters) - Police said on Saturday they were searching the London offices of Rupert Murdoch's News International and had arrested four people in an investigation into... |
| India's Pfizer Oct-Dec net profit at 482.8 mln rupees Jan 28 (Reuters) - Pfizer Ltd, the Indian unit of world's top drugmaker Pfizer Inc, on Saturday reported a net profit of 482.8 million rupees ($9.8 million) on net sales of 2.5 billion... |
