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Tuesday, May 21, 2013

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Wall Street higher after three-day rout
11-13 22:59
US shares swung higher at the open as investors sifted for bargains after a punishing three-day market rout and shook off more bleak economic and corporate new...

Oil prices steady after fall to near US$50
11-13 19:42
Oil prices steadied on Thursday after falling close to US$50 (HK$390) a barrel in London trade as the International Energy Agency warns of sliding energ...

Sands asks for Singapore casino to open in stages
11-13 18:08
Las Vegas Sands, squeezed by a global credit crunch, has asked to open its Singapore casino complex in stages instead of in one go at the end of next year, th...

Hong Kong Stocks slump to 2-week low
11-13 17:17
Hong Kong stocks fell, dragging the benchmark index to a two-week low, as US Treasury Secretary Henry Paulson abandoned his plan to buy devalued mortgage as...

First Pacific acquires Philippines toll road business
11-13 17:05
A unit of Hong Kong-listed First Pacific has taken control of a key Philippine toll road for 12.26 billion pesos (HK$1.92 billion), the parties in the sa...

StanChart to buy Cazenove Asian unit
11-13 17:04
Standard Chartered, the UK bank that gains most of its profit in emerging markets, agreed to buy an Asian unit from JPMorgan Cazenove. The unit wil...

Chinese shares close up 3.68pc
11-13 17:02
Chinese share prices closed sharply higher on Thursday, gaining 3.68 percent on hopes for a boost to the economy after Beijing increased export tax rebates, de...

BT to cut 10,000 jobs
11-13 16:14
BT Group, the UK's largest phone company, aims to cut about 6 percent of its workforce in the year through March to improve profitability after reporting a sl...

SKorea unveils new steps to stabilize markets
11-13 16:09
South Korea announced new steps to stablize its markets, including a US$16 billion (HK$124.8 billion) cash injection for firms suffering from tight trade fi...

China plans more measures to stabilize market
11-13 14:50
China's securities regulator will work on more measures to boost market confidence after the nation's stock market lost two-thirds of its value this year. "...

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