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Thursday, June 20, 2013

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US new home builds rise sharply in June
07-18 20:37
Groundbreaking on new US homes increased in June to its fastest pace in over three years, lending a helping hand to an economy that has shown worrisome signs of...

BlackRock net drops on low fee income
07-18 19:18
BlackRock, the world's largest money manager, said second-quarter profit fell 11 percent as tumultuous market conditions cut into fee income. Net income at New ...

Investors accept negative yields on German bonds
07-18 18:46
Germany sold bonds at a negative yield for the first time today as investors discomfited by the bleak economic outlook and intractable euro zone debt crisis paid u...

Games temp jobs shrink UK jobless ranks
07-18 17:36
The unemployment rate in recession-hit Britain fell to 8.1 percent in May from 8.2 percent in April, official data showed, as the jobs market was boosted by tem...

Spanish bad loans hit a new high in May
07-18 16:32
The ratio of bad loans held by Spanish banks, mainly for real estate, hit the highest level since 1994, at 8.95 percent in May, the central bank said today. ...

Hang Seng tumbles; China shares gain
07-18 16:06
Hong Kong stocks almost gave up all of yesterday's gains, after Federal Reserve chief Ben Bernanke gave a dim outlook for the US economy. The benchmark ...

European stocks rise at open
07-18 16:05
Europe's main stock markets advanced in opening trade today, with London's benchmark FTSE 100 of top companies up 0.37 percent to 5,649.85 points. Frankfu...

China boosts holdings of US debt
07-18 16:00
China has raised its holdings of US government debt amid a stalling American economy and a worsening European debt crisis. China's holdings rose 0.4 percent t...

Sales slump weighs on Ericsson earnings
07-18 15:40
The world's leading mobile telecoms equipment manufacturer Ericsson was hit by a sharp drop in sales of networks in the second quarter as the global economy slowe...

Acquisitions lift earnings at London bourse operator
07-18 15:34
London Stock Exchange Group said income grew 10 percent in the first quarter compared with a year earlier to £209.5 million (HK$2.54 billion) on recent acqui...

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