Rules are needed to curb speculation in surging commodity prices as the world heads towards a food crisis that threatens political instability, the head of the U.N.'s food agency said.
Hong Kong stocks are set to rise on Wednesday following a higher close on Wall Street which was supported by commodity-related counters and strong earnings from technology bellwethers Apple (AAPL.O) and IBM (IBM.N).
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
Hong Kong stocks are set to ease on Friday morning as investors take profits after three days of strong gains, and shares of materials-related companies could decline due to falling commodity prices.
Panasonic Corp will open up for free its technology for Internet-enabled televisions as it looks to create a rival group to the Sony Corp and Google Inc alliance, the Nikkei reported.
China’s decision over the weekend to raise interest rates could turn out to be positive development for Japan, according to a Tokyo-based economist.
This is the best time in decades to buy U.S. stocks, according to Elaine Garzarelli, the analyst who became famous by correctly predicting the stock market crash of October 1987.
Japan's Nikkei share index <.N225> rises 0.7 percent as investors pick up bargains after recent price falls, but volume is low on absence of foreign buyers.
Sumitomo Corp <8053.T> is in talks with Molycorp on a rare earth supply deal and may take a stake in the U.S. company, the latest move by a Japanese firm to secure supplies of the crucial minerals outside China.
Futures on major U.S. indices point to a small rebound on Monday ahead of key monthly retail sales data.
Yahoo Japan Corp and U.S. firm Google Inc are broadening the scope of their video delivery services in Japan, the Nikkei business daily reported.
Tokyo stocks fell 3 percent on Tuesday, their worst daily drop in three months, after the Bank of Japan's emergency moves the day before failed to curb the yen's strength and disheartened investors bailed out of the market.
The yen rose and Japanese shares gave up some of their strong early gains on Monday after the Bank of Japan made only minor tweaks in policy, disappointing markets looking for more aggressive action against deflation.
Japan's Nikkei average pared gains to close near its day's lows on Monday after rising more than 3 percent at one point, with investors disappointed by a Bank of Japan decision that contained no surprises and was seen as lackluster at best.
Gold edged down on Friday after the dollar firmed against the euro, but trading was thin as investors awaited the release of U.S. second quarter GDP data for clues on the direction of the economy.
Asian stocks edged back up toward a three-month high and the dollar eased toward three-month lows on Thursday, hit by soft U.S. data that highlighted the patchy nature of the U.S. economic recovery.
Asian stocks edged down from a three-month high and the dollar eased toward three-month lows on Thursday, hit by soft U.S. data that underlined the patchy nature of the U.S. economic recovery.
The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, underpinned by robust European bank earnings and solid economic data.
But analysts said the durability of any recovery in Europe was questionable.
The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, as markets stayed in risk-on mode on robust European bank earnings and solid economic data.
Asian stocks hit a 12-week high on Wednesday and the euro inched ahead as investors took comfort from solid U.S. and European company earnings, while the Australian dollar eased after a sharp slowdown in inflation.
The euro slipped from 11-week highs and Asian stocks marked time on Wednesday as a recent rally lost steam after a drop in U.S. consumer confidence, while the Australian dollar fell on a sharp slowdown in inflation.
The euro slipped from 11-week highs and Asian stocks marked time on Wednesday as a recent rally lost steam after a drop in U.S. consumer confidence, while the Australian dollar fell on a sharp slowdown in inflation.
