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Thu, 06/23/2011 - 15:07 by Jamie Anderson
There are more millionaires in Asia than there are in Europe, reveals the latest annual Merrill Lynch-Capgemini World Wealth Report.
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Tue, 01/04/2011 - 16:24 by Neka Sehgal
If good weather prevails and the skies are clear, millions of people in Europe, Africa, the Middle East and Asia will get to see the first partial solar eclipse of the New Year today, Jan. 4, 2011.
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Fri, 12/10/2010 - 06:22 by Prince damin
New York -- U.S. markets opened mixed Thursday after the U.S. Department of Labor reported first-time jobless claims fell by 17,000 in the week ending Dec. 4.
As expected, the Bank of England left its overnight lending rate unchanged at 0.5 percent Thursday. The leading index in Britain rose 0.4 percent in October, the Conference Board said.
In most of Asia and Europe markets rose. The dollar index, a pro-rated measure of the greenback against six major currencies, rose 0.32 percent to 80.26, climbing for the third consecutive trading session.
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Thu, 12/09/2010 - 09:54 by Prince damin
New York -- Crude oil prices held steady on the New York Mercantile Exchange overnight with equities mixed in Asia and Europe and the dollar index up 0.25 percent.
Traders are waiting for an afternoon report on U.S. energy stockpiles and keeping an eye on weather reports that presume a seasonal increase in a demand for heating oil.
January delivery light, sweet crude oil in New York added 2 cents overnight to $88.71 per barrel. Heating oil prices rose 0.38 cents to $2.474 per gallon. Reformulated gasoline blendstock prices lost 0.2 cents to $2.321 per gallon.
Henry Hub natural gas prices added 15.9 cents to $4.552 per million British thermal units.
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Tue, 11/30/2010 - 07:56 by Prince damin
New York -- Gold prices rose in New York Monday as equities closed lower on worries a $90 billion bailout for Ireland did not cordon off investor fears in Europe.
The Dow Jones industrial average spent most of the day clawing back from early losses, closing with a loss of 39.51 points or 0.36 percent, to 11,052.49. The Standard & Poor's index dropped 0.14 percent, losing 1.64 points to 1,187.76.
Stocks were mostly higher in Asia, but lower in Europe Monday. Investors are concerned a flight from bond markets could spread to Portugal and from there to Spain, a far larger economy than the European Union has attempted to rescue so far.
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Mon, 11/15/2010 - 22:41 by Prince damin
New York -- Crude oil prices rose in early trading Monday, climbing above $85 per barrel as stock markets showed gains in Asia and Europe.
The Nikkei 225 index added 1.06 percent while the Shanghai composite index in China gained 0.97 percent Monday. Markets also rose in Britain, France, Germany and Sweden.
On the New York Mercantile Exchange, December delivery crude oil added 27 cents to $85.15 per barrel. Heating oil prices gained 1.44 cents to $2.3782 per gallon. Reformulated gasoline blendstock prices rose 2.03 cents to $2.2302 per gallon.
Henry Hub natural gas lost 4.3 cents to $3.756 per million British thermal units.
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Thu, 10/14/2010 - 02:46 by Prince damin
New York -- U.S. markets rose quickly Wednesday following equity gains in Asia and Europe.
Markets rose after JPMorgan Chase & Co. said its net income rose to $4.42 billion in the third quarter, although revenues dropped 15 percent to $24.3 billion.
In early-afternoon trading Dow Jones industrial average rose 108.27 points, 0.98 percent, to 11,128.67. The Standard & Poor's 500 index rose 0.97 percent, 11.29 points, to 1,181.06. The Nasdaq composite index added 1.21 percent, 26.98, to 2,444.90.
The benchmark 10-year Treasury note fell 1/32 to yield 2.431 percent.
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Wed, 09/15/2010 - 10:00 by Priyanka
As per a new study, if conservationists want to save the remaining tigers from imminent extinction, they should focus more on protecting main breeding areas in 42 sites in Asia rather than safeguarding large surrounding landscapes.
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Tue, 09/14/2010 - 22:00 by Prince damin
New York -- Crude oil prices in New York held above $77 per barrel Tuesday as stocks in Asia and Europe were mixed.
On the 50th anniversary of the Organization of Petroleum Exporting Countries, prices are right where OPEC has stated publicly is a reasonable price for now -- between $70 and $80 per barrel.
Ahead of planned celebrations, OPEC President Abdulla Al Badri said Monday the 12-member oil-producing cartel was seeking stability in pricing.
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Tue, 09/14/2010 - 04:18 by Prince damin
New York -- U.S. markets rose higher to start the week and gains were made Monday in Asia and Europe.
Equities have defied dour predictions made August when they were on a downswing.
In midmorning trading Monday, the Dow Jones industrial average added 95.28 points, 0.91 percent, to 10,555.40. The Standard & Poor's 500 index rose 1.15 percent, 12.71, to 1,122.26. The Nasdaq composite index added 1.52 percent, 33.11, to 2,276.59.
The benchmark 10-year Treasury note gained 2/32 to yield 2.788 percent.
The euro rose to $1.2835 compared to Friday's $1.2711. Against the yen, the dollar fell to 83.92 yen from Friday's 84.20 yen.
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Tue, 09/07/2010 - 22:10 by Prince damin
New York -- U.S. markets opened lower Tuesday after the Labor Day holiday, as markets closed mixed in Asia and turned negative in Europe.
In Japan, the Nikkei 225 index lost 0.8 percent, down 75.32 points to 9,226.00, as the yen appreciated despite the Bank of Japan's decision to maintain its bank-to-bank lending rate at 0.1 percent. In Europe, the financial sector dropped after The Wall Street Journal published a report on the recently done bank stress tests that pointed to banks with "potentially risky government debt" that the tests may have underestimated.
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Sat, 09/04/2010 - 07:13 by Prince damin
Phnom Penh, Cambodia -- Vultures in Cambodia are increasing in number, making it the only country in Asia with an increasing population of the scavengers, researchers say.
A record numbers of vultures have been counted in Cambodia's census, with 296 birds of three species found across the Northern and Eastern Plains of Cambodia by the Cambodia Vulture Conservation Project, a partnership of conservationists led by the Wildlife Conservation Society of London, a society release said.
While vultures across Asia teeter on the brink of extinction in most countries, all three of Cambodia's endangered vulture species are either stable or growing in numbers, the WCS says.
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