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SearchAsian shares rise as Europe worries ease11:34 AM, Sep 09, 2010Most Asian stock markets advanced Thursday after worries about Europe's financial health eased, sending Wall Street higher. News that Portugal managed to raise E1.04 billion ($1.3 billion) in a debt auction Wednesday that drew strong investor interest helped ease jitters about the European economy. Along with Greece, Portugal is widely thought to have the shakiest public finances of the 16 countries that share the euro. But major U.S.... China blacks out towns to meet energy goal06:26 PM, Sep 08, 2010cold after the government froze power prices, prompting utilities to cut expenses by letting coal stockpiles run low. This year's power cuts began after Beijing announced in August that an energy efficiency campaign suffered a setback as a stimulus-fueled building boom drove growth in steel, cement and other heavy industry. Beijing's plans call for cutting energy intensity, or energy used per unit of economic output, by 20 percent from 2... Dollar sinks to 15-year low against Japanese yen04:16 PM, Sep 08, 2010sector helped drag the euro to a four-year low against the dollar earlier this year and weighed on stock markets worldwide. The dollar fell to a post World War II low of 79.75 yen in 1995.Associated Press... Asia stocks down on Europe debt worries, yen surge03:45 PM, Sep 08, 2010Most Asian stock markets slid Wednesday, pressured by the yen hitting a fresh 15-year high and new concerns about European banks after a report they may have more risky government debt than thought. Japan's benchmark Nikkei 225 stock index dropped 214.73 points, or 2.2 percent, to 9,011.27. China's benchmark Shanghai Composite Index shed 0.5 percent to 2,685.18 while Hong Kong's Hang Seng index lost 1.4 percent to 21,095.91. South Korea's ... Most Asian stocks down on European debt worries12:16 PM, Sep 08, 2010Most Asian stock markets slumped in early trading Wednesday, pressured by renewed concerns over the health of European banks following a report that the region's banks may have more risky government debt. Japan's benchmark Nikkei 225 stock index dropped 181.61 points, or 2.0 percent, to 9,044.39 in the morning session. Investors dumped Japanese exporters as the yen hit a fresh 15-year high against the dollar Tuesday. A strong yen hurt... World stocks fall amid renewed Europe bank worries05:06 PM, Sep 07, 2010World stock markets mostly fell Tuesday with European indexes falling harder than Asian benchmarks amid renewed concern about the health of the continent's banks. Losses in Asia were modest as worries eased about the pace of the global economic recovery following U.S. jobs figures that weren't as dire as feared. Investors were also waiting to see how U.S. markets — which were closed for a public holiday Monday — react to Presid... Japan central bank keeps key interest rate steady03:41 PM, Sep 07, 2010e future, especially for the U.S. economy, and associated instability in the foreign exchange and stock markets, attention should be paid to downside risks to Japan's economy," it said in a statement. The central bank's latest decision to do nothing follows an emergency meeting last week, when the central bank expanded a low-interest credit program to help contain the impact of the strong yen. The BOJ has been under increasing political ... Asia stocks mixed, but recovery worries are easing11:11 AM, Sep 07, 2010Asian stock markets were mixed Tuesday but losses were limited amid easing worries over the pace of the global economic recovery. Investors in the region were also waiting to see how U.S. markets react to President Barack Obama's new jobs program announced Monday. Obama wants to spend more than $50 billion to rebuild roads, railways and airport runways, hoping to create jobs and shore up the recovery in the world's No. 1 economy. U.S. f... Asian markets climb as double-dip fears ease04:05 PM, Sep 06, 2010Stocks in Asia advanced Monday following solid gains in the U.S. as fears eased that the global economy could slip back into recession. Most investors took heart after the U.S. Labor Department on Friday said private employers added 67,000 jobs in August, more than analysts expected. However, the jobless rate rose to 9.6 percent from 9.5 percent in July. The private job gains bolstered optimism that the U.S. will maintain a slow but stea... Asian markets climb after positive US jobs data10:50 AM, Sep 06, 2010Stocks in Asia nudged higher in early trade Monday, after shares in the U.S. rose last week on the back of strong jobs data. Japan's benchmark Nikkei 225 stock index was up 1.1 percent, or 96.79 points, at 9211.82. South Korea's Kospi rose 0.4 percent, or 7.49 points, at 1787.39. Shares in Shanghai and Taiwan were higher, as were markets in New Zealand and Singapore. Monday's gains came after a strong performance across Asia and Europe ... Newly discovered rare vineyards of the world10:30 AM, Sep 06, 2010lloxera. I would not suggest that there is a quality difference between own roots and grafted root stock vines, but for those people who love to discover and taste history and rarity keep your eyes out for the odd bottle that manages to find its way overseas. Check out The Barossa Old Vine Charter web links below – which describes what the Barossa feel is Old vines. Also see link to Jancis Robinson’s article &l... Pakistan's flooded farms unable to be sown09:35 AM, Sep 06, 2010ectares (8.9 million acres) of maize, rice, sugar cane and cotton crops and killed 1.2 million livestock and 6 million poultry, according to preliminary estimates by the U.N. and the government. It also damaged farming infrastructure crucial to beginning the planting season on time at the end of the month. Thousands of irrigation channels are covered in mud or washed away completely. Bore wells were damaged and destroyed along with tractor... Gravity overcome12:19 PM, Sep 05, 2010Using complex computer modelling and design technology, advanced composite materials and the latest adhesives, engineers have constructed a weight-bearing structure capable of supporting a tremendous load.... Philippines to seek lifting of ban in tuna fishing03:30 PM, Sep 03, 2010na fishing in areas of the species’ migratory path will not solve the rapid depletion of tuna stocks. He said the practical way of conserving tuna stock is to limit the capacity of catch by each member countries of the WCPFC. “We will seek for a thorough review of the ban. (We believe the) logic of the measure will be put to test,” the fisheries chief said.... Asia stocks rise on slight improvement in US data02:17 PM, Sep 03, 2010Most Asian stock markets climbed Friday as investors took heart from a slight improvement in U.S. economic indicators amid lingering worries over the pace of the global economic recovery. But gains were modest across the region as investors took a wait-and-see stance ahead of closely-watched U.S. employment figures due out Friday. The jobless rate for August is expected to rise to 9.6 percent from 9.5 percent in July, according to a surve... |
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