site.news_by_theme Market
Japan mobile giant Docomo to sell iPhone: media
Japan's biggest mobile carrier plans to sell Apple's iPhone, reports said Friday, days ahead of the expected launch of the US firm's addition to the popular smartphone.
06 September 2013
Oil down as Obama seeks Congress approval on Syria
Oil prices fell in Asian trade Monday after US President Barack Obama's announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike.
02 September 2013
Energy sector leads US stocks gains amid Syria jitters
US stocks rebounded Wednesday led by energy companies benefiting from an oil price spike, as the West mulls a possible punitive attack against Syria for its alleged chemical weapons use.
29 August 2013
Brazil to spend $55 billion to defend sagging real
Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.
25 August 2013
Nokia says India 'least favourite market': report
Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.
23 August 2013
Global manufacturing data helps Asia markets rebound
Asian markets firmed on Friday as a slew of upbeat manufacturing data from around the globe overshadowed concerns about the US Federal Reserve's plans for its stimulus programme.
23 August 2013
Risky financial crisis derivatives return in new form
Collateralized debt obligations, the complex financial instruments that cratered disastrously in the financial crisis, are back.
21 August 2013
Tokyo shares open lower after Wall Street losses
Tokyo shares opened lower Tuesday, following a weak showing on Wall Street as speculation lingers that the US Federal Reserve will scale back its bond-buying programme.
20 August 2013
China set to become world's biggest net oil importer
China is set to overtake the United States to become the world's largest net oil importer from October, according to US figures.
13 August 2013
Duel over Apple's punishment for e-book price-fixing
US antitrust attorneys defended their push to restrict Apple in the e-books market as hearings opened Friday on how to punish the the tech giant found guilty of price-fixing.
11 August 2013
China industrial data helps oil rebound
Oil prices charged back Friday after falling for five straight sessions, helped by stronger-than-expected numbers on Chinese industrial output in July.
11 August 2013
LG unveils new device in smartphone war
LG Electronics on Wednesday unveiled a new device to challenge Apple, Samsung and other rivals in the booming smartphone market.
08 August 2013
Tablet sales slow in absence of new iPad model: IDC
Sizzling hot tablet sales have cooled a bit but should re-ignite with the release of a new iPad model later this year.
06 August 2013
US stocks see modest gains after busy week
A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.
03 August 2013
Oil slips after China orders industrial capacity cuts
World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth.
27 July 2013
Kashagan to affect oil prices in 2 years
Commercial production at Kashagan field may put some pressure on the oil prices, but in only the long run.
26 July 2013
Sales of new cars grew 72 percent in Kazakhstan
Sales of new cars grew 72 percent in Kazakhstan in the first half of 2013 compared to the same period last year.
26 July 2013
Raised offer for Dell hinges on change in vote process
Michael Dell and his investor allies modestly boosted their buyout offer Wednesday for the struggling computer giant he founded, and asked the board to change the method for shareholder approval.
25 July 2013
Wells Fargo deposes China's ICBC as world's biggest bank
The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world's largest bank by market capitalisation to US-based Wells Fargo.
25 July 2013
Bernanke: Fed will not raise rates in forseeable future
Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
18 July 2013