U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.
A Chinese state company has tapped Sun Hung Kai Properties Ltd and Guoco Group Ltd as potential investors for a fund that aims to raise up to 20 billion yuan ($3.1 billion) to develop Shanghai's Bund district, a source said on Thursday.
Hong Kong stocks are expected to open lower on Thursday, pressured by a surge in oil prices on fears turmoil in Libya could spread to other oil exporters in the region, and declines in global markets.
Technology services provider Digital China Holdings Ltd is bidding for the rights to sell Apple Inc's iPad and Research in Motion Ltd's tablet PC in China, its chief executive said.
Most Asian stocks ended lower on Wednesday, led by declines from airlines as crude oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.”
U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
China's ANTA Sports Products Ltd said it recorded 20 percent growth in order book value for the third quarter of 2011, suggesting optimism among distributors over sportswear industry prospects in the mainland.
Asian stock markets ended lower on Tuesday as continued political unrest in the Middle East weighed on the sentiment.
Asian stock markets ended mixed on Monday as political unrest in the Middle East weighed on the sentiment.
CNOOC Ltd will pay $1.3 billion in its second shale deal with America's Chesapeake Energy Corp , the latest move by China's top offshore oil producer in its aggressive drive for overseas acquisitions.
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).
Hong Kong stocks are expected to edge higher on Monday to a near two-month high, as the appetite for risky assets stays steady after JP Morgan's quarterly earnings report lifted Wall Street on Friday.
Hong Kong stocks are likely to rise further on Thursday with traders expecting momentum to continue after the benchmark convincingly broke through short-term chart resistance on high volumes.
New York-traded shares of China Eastern Airlines plunged 4.42 percent and those of China Southern Airlines plunged 2.47 percent in morning trading on tensions between North and South Korea.