IBT Staff Reporter

60661-60690 (out of 154942)

Japan sharpens verbal warning vs yen spike

Japan sharpened its warning to currency markets on Thursday in the wake of the yen's rise near record highs against the dollar, keeping markets jittery about the possibility of a second round of intervention.

SocGen stock up in Frankfurt after CEO reassures

French bank Societe Generale's shares traded in Frankfurt recovered ground on Thursday after the bank's CEO sought to reassure investors that rumors that wiped 15 percent off its stock were unfounded.

U.S. stock futures rise helps pare Asia losses

U.S. stock futures rose 1 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian share markets, though the focus was shifting to how Europe reacts to a sovereign debt crisis that is now threatening its banking system.

Stock futures rise, though Europe risks loom

U.S. stock futures rose 2 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian shares, though sustained gains depended on how Europe reacts to a sovereign debt crisis that is threatening its banking system.

SocGen stock rises after CEO reassures

Societe Generale shares traded in Frankfurt recovered some ground early on Thursday after the bank's head sought to reassure investors that a host of rumors that wiped 15 percent off its stock were unfounded.

Intel expects Ultrabook PCs priced below $999 in Q4

Top chipmaker Intel Corp said computer makers Lenovo, Asustek and Acer will launch its new category of notebook computer in the third to fourth quarter, and expects to see their prices below $999 in the fourth quarter.

Sony, LG Elec settle bitter patent dispute

LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.

Gold eases from record high after CME margin hike

Gold eased on Thursday from record highs struck earlier in the session after the CME Group raised margins on COMEX gold futures, but turmoil in the global financial markets and fears of slower growth will buoy sentiment.

June industrial output seen at 5.5 pct

India's annual industrial output growth probably slipped further in June to 5.5 percent from a nine-month low of 5.6 percent in May, indicating taut monetary policy and soaring inflation were hindering growth momentum, the median forecast in a Reuters poll showed.

Sony, LG Electronics settle bitter patent dispute

LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.

Japan Earthquake Shook Earth's Upper Atmosphere

The magnitute 9 Tohoku Earthquake, which released a giant tsunami on Japan's coastal land, rattled the ionosphere, and almost reached out to space. The ionosphere is one of the highest layers of the atmosphere, and ripples were created in electrically charged particles created nearly 220 miles above Earth.

S&P controversy fuels demands for ratings reforms

Concerns about S&P's downgrading of the U.S. credit rating and the resulting global stock sell-off are sparking urgent calls for investigations and reinvigorating ongoing efforts to reform the ratings agencies, which have been under fire since the Enron scandal of 2001.

BofA negotiates to sell big China bank stake: sources

Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its stake in China Construction Bank <0939.HK>, sources with direct knowledge of the talks told Reuters.

Japan Earthquake Generated Waves in Higher Atmosphere

The Tohoku quake off of coastal Japan that spawned a tsunami and wreaked havoc on land also triggered waves all the way up to the ionosphere, one of the highest layers of the atmosphere, creating ripples in electrically charged particles nearly 220 miles above Earth.

Banks drag Wall Street lower, fear returns

Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.

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