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Thursday, April 24, 2014
Japan's Seibu Holdings jumps 11 percent
Japanese railway and hotels giant Seibu Holdings jumped nearly 11 percent on its return to the Tokyo stock market Wednesday, a decade after it was de-listed following a major accounting scandal.
McDonald's is fighting to hold onto customers in the U.S.
South Korea's LG Household & Healthcare said Wednesday it was considering a purchase of global cosmetics giant Elizabeth Arden.
A former pharmaceutical executive has been sentenced to 15 months in prison for his role in an insider trading scheme.
The maverick founder of Russia's top social network, Pavel Durov, said Tuesday he had fled the country after selling his share in the company under pressure from the security services.
Shares were mixed Wednesday, as weak data from China sapped the upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector.
The dollar was mixed against the yen and euro in Asia on Wednesday, with traders looking for developments in U.S.-Japan free trade talks as President Barack Obama arrives in Tokyo for the start of an Asian tour.
The price of oil fell 19 cents to 101.56 in Asia on Wednesday as traders awaited weekly data expected to show rising U.S. crude stockpiles.
Wednesday, April 23, 2014
Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
The Hong Kong-listed shares of China Resources plunged on Tuesday after the head of the state-owned Chinese conglomerate was sacked amid allegations of corruption.
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