U.S. stocks ended higher on Friday led by gains from Oil refiners after the earthquake disrupted Japan's refining capacity and and equipment makers advanced on expectations for increased demand from rebuilding efforts.
Wal-Mart , the world's largest retailer, has apologized for selling duck meat past its expiry date in a store in southwest China's Chongqing region, the official Xinhua News Agency reported on Saturday.
Home to much of the world's semiconductor factories and electronics companies, Japan's devastation will have significant effects on global electronics supplies.
With his 67th birthday just weeks away, the investor widely known as the Bond King has taken one of the biggest bets of his life -- but at least Bill Gross has got some company.
Waves generated by the huge tsunami/earthquake more than five thousand miles away in Japan have hit the coast of northern California, with two-to-five foot waves washing over local beaches, according to the National Weather Service.
Oil prices fell on Friday after a massive earthquake shook Japan, the world's third-largest oil consumer, sending a tsunami sweeping across the Pacific Ocean and pushing U.S. crude prices below $100.
Oil slid by on Friday, with U.S. crude falling below $100, after an earthquake rocked Japan, created a 10-meter tsunami and shut down dozens of plants in the world's third-largest oil consumer.
The Chinese government officially expressed support to quake-hit Japan on Friday and offered assistance in relief efforts, but the Chinese people's response to the tragedy that hit their neighbors and rivals was mixed.
Chinese inflation topped expectations in February at 4.9 percent and looks set to climb further in coming months, adding to pressure for another dose of monetary tightening.
Stocks were poised for a lower open on Friday after a massive earthquake hit Japan and accelerating inflation in China unnerved investors.
U.S. stock index futures fell on Friday after a massive earthquake hit Japan and accelerating inflation in China rattled investors.
Oil slid by more than $3 on Friday, with U.S. crude falling below $100, after an earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
Brent crude futures fell below $113 on Friday as a massive earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
The yuan plays only a secondary role among China's options to temper inflation, and monetary policy alone won't be enough to rein in prices, central bank governor Zhou Xiaochuan said on Friday.
European shares hit a three-month low in early trade and Asian stocks too dropped on Friday, while U.S. futures headed lower, after a powerful 8.9-magnitude earthquake has struck off Japan's northeastern coast, triggering a tsunami as high as 10 metres.
While residents in Beijing have reported to have felt the tremors of the massive earthquake that hit Japan Pacific coast, top Chinese seismology expert is confident that the Chinese mainland is not in the danger zone.
The Internet has been abuzz with rumors, prophecies and popular consternation over natural catastrophes and extreme weather that the 'Supermoon' phenomenon on March 19 could bring about.
Flanked by an entourage of assistants and advisors, Chinese mining tycoon Lian Guangming flitted from one luxury jet to another at the Asian AerospaceExpo in Hong Kong.
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
(Corrects name of Bombardier plane in paragraph 2)
Chinese inflation topped expectations, with prices rising 4.9 percent in the year to February and looking set to climb faster in coming months, adding to pressure for another dose of monetary tightening.
