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Citigroup Inc is adding risk to its Asian portfolio on expectations of a recovery in the region's stock markets later this year.
Employment fell in June for the first time this year, reflecting a drop in federal census workers as the decennial population count began to wind down, economists said before a report this week.
Problem-ridden Toyota Motor Corp has run into yet another problem as it stopped all sales of its 2010 Lexus HS 250h hybrid after tests had revealed the car could leak fuel in a rear-end collision, the Los Angeles Times reported on Friday.
It would be a "horror", a "disaster", according to lawyer Kenneth Feinberg, who was appointed by President Barack Obama to administer BP Plc's $20 billion compensation fund for victims of the Gulf oil spill. "That is not an option."
US lawmakers hammered out a historic overhaul of financial regulations on Friday, handing President Barack Obama a major domestic policy victory on the eve of a global summit devoted to financial reform.
Mining takeovers in Australia may reverse a slump after new Prime Minister Julia Gillard signaled a desire to resolve a dispute over a minerals tax that prompted the downfall of her predecessor, investment bankers said.
Investor Jim Rogers, chairman of Rogers Holdings, said the threat of inflation is "extremely serious" and the world is in an ongoing bear market for financial assets.
The combined compensation of the heads of Japan's three largest carmakers was less than that of Ford Motor Co's Alan Mulally, the world's top-paid auto chief.
South Korea's state-run power provider Korea Electric Power Corporation (KEPCO) is considering taking over the entire stake of German energy firm Choren Industries, local media said Friday.
US lawmakers finalizing sweeping financial reforms agreed on Friday to allow banks to trade in-house many types of over-the-counter derivatives, watering down a controversial plan that would have required banks to spin off much of their lucrative swaps dealing desks.
A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.
Name | Value | Change | Time |
Shanghai | 2,996.21 | +1.83% | Mon |
Shenzhen | 13,140.88 | +1.92% | Mon |
HSI | 23,313.19 | -0.41% | Mon |
NIKKEI | 10,505.02 | -1.76% | Mon |
Dow | 12,090.03 | -0.66% | Mon |
Nasdaq | 2,745.63 | -1.40% | Mon |