Asia stocks rise, yen steady but outlook hazy
HONG KONG (Reuters) - Asian stocks edged up and the yen slipped from a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Industrial output rebounds, dampens... 15 minutes ago
LONDON (Reuters) - British industrial output recovered more than forecast in December as manufacturers ramped up production, further dampening fears of recession. The rebound from the slump in the previous ...more
- Spain's economy 'to worsen in first... 24 minutes ago
Spain's economic contraction will worsen in the first quarter of 2012 compared to the end of last year, Economy Minister Luis de Guindos warned on Thursday. ...more
- ECB to face Greece questions, hold rates... 1 hours ago
FRANKFURT (Reuters) - All eyes will be on what the European Central Bank is willing to do to help Greece when it holds its monthly policy meeting on Thursday, with interest rates expected to stay on hold ...more
- Bertelsmann reports drop in profits... 2 hours ago
German media giant Bertelsmann reported a small dip in 2011 operating profits on Thursday, as losses from new business ventures and printing outweighed solid advertising and e-book sales. ...more
- Etihad Airways in black in 2011, first... 2 hours ago
Abu Dhabi-based Etihad Airways on Thursday posted a net profit of $14 million for 2011, exceeding its goal of breaking even for the first time ever, a statement said. ...more
- Fear not the "Glenstrata" giant, say... 2 hours ago
LONDON (Reuters) - Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation. They say the tie-up, creating the world's largest coal exporter, will only formalise the long-standing collaboration between the two and end years of ambiguity over Glencore's role in marketing Xstrata's output. ... ...more