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7:43am
Nikkei bounces back after two-month low
...expect the problems in southern Europe will end up being limited in that region and it will likely take a while to have them...individual machinery shares, but gains were expected to be limited, with economists noting the 20 percent jump followed a sharp...Toyota said in a document sent to US dealers and obtained by Reuters that 2010 Camrys equipped with a 4-cylinder engine might... By
February 8, 2010
Traders fearful as contagion worries linger
...an incredible turnaround in the last 55 minutes of trading on Friday night,” said Maurice Pomery at Strategic Alpha Limited. “Market manipulation in the US equity market? You may say that but I couldn’t possibly comment!”The rebound appeared...some strength in the afternoon, falling 0.2 per cent to $1,064. Oil added 0.7 per cent to $71.66, while the Reuters-Jefferies CRB index, a commodity basket, jumped 1.2 per cent following last week’s heavy sell-off. By Jamie Chisholm, Global Markets Commentator
February 2, 2010
Australia holds interest rates steady
...rates have risen by close to a percentage point”.“Since information about the early impact of those changes is still limited, the board judged it appropriate to hold a steady setting of monetary policy for the time being,” said Glenn Stevens...Australian dollar dropped as much as 1.5 per cent after the RBA’s decision to trade at US$0.8782.Economists polled by Reuters earlier on Tuesday had all expected the bank to lift rates by 25 basis points to 4 per cent, while Centrebet, a betting... By Peter Smith in Sydney
February 2, 2010
Weaker yen and and strong US data lift Nikkei
...accelerators.But analysts said any overall Nikkei rise would be limited ahead of a slew of events, including a Senate hearing on the...believed the economy had added 5,000 jobs in January, a Reuters poll showed. Another negative surprise after the previous...in job losses could roil markets.Testimony obtained by Reuters showed that Paul Volcker, an economic adviser to US President... By
November 5, 2009
Thomson Reuters sees sales improvement
Thomson Reuters saw “a marked improvement” in sales...expected a dip in sales to be “shallow and limited to the next few quarters,” it said...competition,” he added. Thomson Reuters competes with groups including Bloomberg...information. Mr Glocer estimated that Thomson Reuters had lost a similar number of installed... By Andrew Edgecliffe-Johnson in New York
January 15, 2010
Aid agencies braced for long-term effort
...now, water is the currency," one foreign aid worker told Reuters. Rescue efforts were further hindered yesterday by a log...own families," tile factory owner Manuel Deheusch told Reuters. The Haitian Red Cross said it believed that 45,000...and satellite communications to the outside world remained limited, the diplomats said. While reliable information from Haiti... By Harvey Morris in New York and Andrew Jack in London
December 31, 2009
Kazakhmys gets funding from China
...to a plunge in metal prices, although the group said it would keep working on the two key projects as they required only limited investment in the near-term. Yet the shares soared 470 per cent this year, making them the best performing stock in...series in Kazakhstan. This year, it has made a total of $13bn of investments in the oil-rich former Soviet republic, Reuters reported. Kazakhmys will use $100m of the loan to develop the Bozymchak gold and copper project in Kyrgyzstan, with the... By Alistair Gray
December 30, 2009
Kazakhmys gets funding from China
...to a plunge in metal prices, although the group said it would keep working on the two key projects as they required only limited investment in the near-term. Yet the shares soared 470 per cent this year, making them the best performing stock in the FTSE 100...series in Kazakhstan. This year, it has made a total of $13bn of investments in the oil-rich former Soviet republic, Reuters reported. Kazakhmys will use $100m of the loan to develop the Bozymchak gold and copper project in Kyrgyzstan, with the... By Alistair Gray
January 11, 2010
Inflation boost for supermarkets
...stock to its “conviction buy” list in a sector note. “Rising demand for office space at a time when new supply is limited is likely to lead to a strong recovery in prime office rents from 2011,” said Goldman. “Land Securities shares offer...rose 16.7 per cent to 1.78p in the wake of comments from Martin Hughes, the head of Toscafund. In an interview with Reuters on Friday, Mr Hughes said Vatukoula was cheap and said it could rise 10-fold over the next 12 months. In addition there... By Bryce Elder and Neil Hume
June 24, 2009
How parochialism hampered Thomson Reuters
...complicating the DLC structure, Thomson Reuters offered shares and ADRs on the New York...to resolve itself. Shares in Thomson Reuters Plc, the UK listing, closed up 3.6 per...Thomson family’s stake in Canada limited liquidity in Toronto, benefiting the price...Tom Glocer, chief executive of Thomson Reuters: “In an age where our markets are global... By Andrew Edgecliffe-Johnson