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Asian Stocks

Asian Stock Mostly Higher; Summit Doubts Cap Gains

Asian stock markets mostly advanced Thursday as better-than-expected economic data from the US buoyed sentiment, but gains were capped as investors are being cautious ahead of the EU summit later in the day.
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Vietnam Condemns 'Illegal' South China Sea Oil Bid

Vietnam has decried China's plan to open up disputed areas of the South China Sea to oil exploration as illegal, ratcheting up tensions between the two communist neighbors over maritime borders and natural resources.
Chinese Yuan

Profits at State-Owned Chinese Companies Decline

Higher costs and a spike in taxes are squeezing the bottom line at China's state-owned companies, the Xinhua news agency reported on June 15, driving down profits and slowing down the rate of growth in operating income.
Turkish President Abdullah Gul arrives at the NATO Summit in Chicago

Why Is Turkey In NATO?

NATO was first formed in April 1949 with twelve original members, two North American nations and twelve European states located either in Northern or Western Europe. Turkey entered with the first enlargement in 1952 - before even Germany.

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