Asian stocks climbed, driving the region’s key benchmark index to its first advance in eight weeks, as concern Europe’s debt crisis will hurt earnings of exporters and banks eased and the Federal Reserve said it is prepared to provide further stimulus to the U.S. economy if needed.
BusinessWeek.com — Finance
It took six weeks of equity losses and other bad news to finally drive the options gauge known as the VIX above its long-term average
BusinessWeek.com — Finance
It took six weeks of equity losses and other bad news to finally drive the options gauge known as the VIX above its long-term average
BusinessWeek.com — Finance
Wheat tumbled the most in almost three weeks after Russia, once the second-largest exporter, said it will allow grain shipments to resume July 1, alleviating concern over reduced supplies from Europe and the U.S.
BusinessWeek.com — Finance
Saudi Arabian shares dropped the most in almost seven weeks after crude oil capped its biggest weekly decline in more than two years, following the death of Osama bin Laden and a strengthening dollar.
BusinessWeek.com — Finance
U.S. stocks climbed, halting a two- week drop for the Standard & Poor’s 500 Index, as companies from Intel Corp. to Johnson & Johnson posted earnings that exceeded estimates and housing starts increased.
BusinessWeek.com — Finance
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Persian Gulf shares rose and Saudi Arabia’s benchmark stock index climbed the most in two weeks after King Abdullah ordered increases in spending, including $ 67 billion on housing, to prevent protests from escalating.
BusinessWeek.com — Finance
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