IBT Staff Reporter

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Stock futures lifted on wave of good earnings

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stock index futures on Monday, although traders eyed rising oil prices as a potential negative for the market.

Nintendo earnings to offer clues on Japan

Nintendo Co Ltd might provide clues on the effect of the devastating March 11 earthquake and tsunami on the industry's supply chain and domestic demand as it kicks off earnings for the Japanese electronics sector on Monday.

Japan quake hammers auto output, Toyota to lose crown

Toyota Motor Co <7203.T> may slip to No.3 in the automaker production rankings behind General Motors and Volkswagen due to Japan's earthquake and nuclear crisis, which slashed local output by almost two-thirds in March alone.

Aussie dollar hits 29-year peak; Seoul shares shine

The Australian dollar hit a fresh 29-year high and South Korea's benchmark share index touched another record intraday high on Monday, suggesting investors were still eager to embrace risk and higher-yielding assets.

BOJ to hold fire, stick to recovery view despite quake

The Bank of Japan is expected to sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but project a rebound in the autumn, signaling that it has eased monetary policy enough to keep the economy afloat at least for now.

Boeing plant lapse eyed in jet tear probe: report

U.S. investigators suspect a manufacturing lapse at a Boeing Co plant 15 years ago could be to blame for a midair tear in a Southwest Airlines Co aircraft earlier this month, the Wall Street Journal reported on its website on Sunday.

NYSE sees higher savings in Deutsche Boerse deal

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($583 million), up by about a third from its initial estimate, according to a Big Board spokesman on Sunday.

NYSE sees more cost savings in Deutsche Boerse deal

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($580 million), up by about a third from its initial estimate, according to a Big Board spokesman on Sunday.

A fragile global recovery?

Data on how the U.S. and British economies fared in the first three months of the year due next week will likely highlight the tenuous nature of the recovery from recession in developed countries.

Libya War Intensifies 100 Miles from Capital

Libyan rebels say there is intense fighting taking place 100 miles east of Tripoli, after forces loyal to leader Muammar Gaddafi retreated to the outskirts of Misrata, a gateway city to the capital. The forces began launching rockets into the city, a rebel spokesman said.

Arsenal title hopes almost ended at Bolton

Arsenal remain with just a mathematical chance of winning the title after a 2-1 loss at Bolton Wanderers left them nine points behind leaders Manchester United in the English Premier League.

Russia Kaspersky Lab says founder's son freed

Russian law enforcement agencies freed the 20-year old son of Kasperky Lab's founder Eugene Kaspersky following a kidnapping last week, the leading anti-virus software firm said in a statement on Sunday.

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