World stocks held steady on Tuesday while the dollar held above this week's seven-month low against the yen as focus shifted to the state of U.S. consumers from a trade spat between the United States and China. A year after Lehman Brothers collapsed, risky assets are almost back at September 2008 levels and some G7 economies have come out of recession.
Home Depot Inc will begin selling next year a line of home improvement and other products that feature the Martha Stewart brand, the companies said on Monday.
The Australian Dollar has held onto its recent gains and opens the new week at 0.8610. The Aussie closed higher on Friday after a range of positive Chinese economic data releases which boosted demand for the currency.
The Australian Dollar has held onto its recent gains and opens the new week at 0.8610.
Mickey Mouse's house and his Toon Town world will make way next year for a vastly larger Fantasyland, in the biggest-ever expansion of the Magic Kingdom at Walt Disney World in Florida, Walt Disney Co said on Saturday.
Stocks rose on Thursday as a brighter outlook from consumer product company Procter & Gamble and a successful Treasury debt auction put Wall Street on pace for a fifth straight session of gains.
The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data.
The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data. With Retail Sales dropping 1% in July, Home Loans and Investment lending also falling the AUD traded below 86 cents to finally find support at 0.8565 during European trading. Risk sentiment once again improved in U.S trade following the Federal Reserve Banks Beige Book report taking the Australian dollar back above ...
Asian stocks drifted lower after hitting a one-year high earlier on Wednesday and the dollar was stuck near a one-year low as investors, hopeful of an economic recovery, held back from moving more money into risky assets.
Asian stocks drifted lower after initially hitting a one-year high on Wednesday and the dollar hovered near a one-year low, with investors taking a breather from moving money into riskier assets in the hope that the global recovery is strengthening.
Asian stock markets mostly edged higher on Friday, underpinned by encouraging U.S. retail sales but cautious ahead of a U.S. payrolls report, while the Aussie dollar was supported by a spike in gold prices.
Oil prices slipped on Thursday, settling just under $68 a barrel as disappointing news from the labor market outweighed economic optimism from data showing that the U.S. service sector and retail sales improved.
Oil prices steadied on Thursday as economic optimism from data showing that the U.S. service sector and retail sales improved was tempered by disappointing news from the labor market.
Stocks edged higher on Thursday as better than-expected-sales from key retailers in August offset continued weakness in the labor market.
General Motors Co [GM.UL] posted a 20.2 percent drop in U.S. sales in August from a year earlier, the highest sales of the year, supported by the U.S. government's
Chinese shares bucked up on Tuesday after Monday's rout, helped by upbeat economic data, but the Aussie dollar fell after the central bank dashed expectations it would shift to a tighter policy bias.
U.S. retailers could see sales in the 2009 holiday season decline from last year's dismal results or show only a slight increase, even in the best scenario, according to a new forecast.
SEATTLE - U.S. retailers could see sales in the 2009 holiday season decline from last year's dismal results or show only a slight increase, even in the best scenario, according to a new forecast.
Stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.
Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.
Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.
U.S. stocks could extend last week's retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.
