U.S. stock index futures pointed to a flat to higher open on Wall Street on Monday following the Christmas break, with futures for the S&P 500 up 0.07 percent, Dow Jones futures flat and Nasdaq 100 futures up 0.27 percent at 4.17 a.m. ET.
The dollar held near recent highs against the yen on Monday, helped by demand from Japanese corporates before the year-end, with eyes on U.S. data and Treasury auctions to see if it can maintain its recent rally.
There is no reason for China's yuan to depreciate against any currency, including the dollar, euro or yen, an adviser to its central bank said on Monday, highlighting the polarised nature of debate on the currency.
Gold prices moved up in thin Asian trade Monday as markets yet to pick up momentum after a three day holiday. Gold for immediate delivery was seen trading at $1111.05 an ounce at 12.00 noon Singapore time compared with New York's notional close of $1103.80.
Japan's industrial output rose for the ninth consecutive month in November, driven by strong exports and domestic subsidies, but swelling inventories and falling wages threaten to end the longest climb in more than 12 years.
A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said.
A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said.
Japanese shares hit a four-month high, leading gains in Asian stocks on growing investor optimism about the global economy, while the U.S. dollar held firm against the yen and euro.
U.S. retailers posted a better performance during the 2009 holiday shopping season, with sales as tracked by MasterCard Advisors unit SpendingPulse up 3.6 percent.
An opposition leader criticised Iran's hardline rulers on Monday for killing innocent people during a religious festival, a reformist website reported.
China needs to keep its economic policies flexible to fight against excessive surges in asset prices and hot money inflows, a central bank adviser said over the weekend.
Asian stocks rose on Monday on increasing optimism about the global economy, with Tokyo shares hitting their highest in four months, while the U.S. dollar gained against the yen and held firm against the euro.
U.S. federal authorities are investigating millions of dollars contributed by fraud suspect Allen Stanford and his staff to U.S. lawmakers in the past decade, the Miami Herald reported on Sunday.
Believe it or not - the tech specs of the rumoured Google Chrome OS-based netbook are already out and by the sound of it, the netbook looks to me like a high performance machine.
Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.
A key informant in the U.S. tax evasion case against Swiss bank UBS AG has asked a federal court in Florida to postpone the scheduled January 8 start of his prison term so that he can cooperate further with the U.S. government to uncover tax cheats.
A key informant in the U.S. tax evasion case against Swiss bank UBS AG has asked a Florida court to postpone the scheduled January 8 start of his prison term, saying he is ready to cooperate further with the U.S. government in the case.
Earnings estimates for Berkshire Hathaway's Burlington Northern Santa Fe Corp railroad acquisition could signal weaker-than-anticipated U.S. industrial activity in 2010, according to a report in the December 28 issue of Barron's.
Italian chocolate giant Ferrero is still examining its options on a possible bid for Britain's Cadbury PLC.
Wall Street is likely to make a strong showing in the final week of 2009 as the bulls gear up to toast the first annual advance for U.S. stocks in two years on hopes of more economic stability in 2010.
A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favored U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
Al Qaeda involvement is a subject of investigation in Friday's incident in which a Nigerian man has been charged with trying to blow up a U.S. passenger jet bound from Amsterdam to Detroit, U.S. homeland security chief Janet Napolitano said on Sunday.
