Matthew McConaughey’s baby fortune

Saturday, July 12th, 2008

Matthew McConaughey has reportedly sold photos of his new son for 3 million U.S. dollars. The "Fool's Gold" actor and model girlfriend Camila Alves - who welcomed Levi, their first child together, earlier this week - are said to have signed ...

War epic "Red Cliff" declares opening victory in Asian market

Saturday, July 12th, 2008

"Red Cliff", reportedly Asia's most expensive ever film, gained 27 million yuan (3.91 million U.S. dollars) of box office on its first-day release, setting the highest record among homemade movies. The first of this two-part epic mo ...

S Korean spending on energy imports peaks in the first half

Friday, July 11th, 2008

South Korea's spending on import of oil, coal, natural gas and other energy products in the first half of this year reach 70.2 billion U.S. dollars in the first half as international crude prices surge, the South Korea Customs Service said ...

News Analysis: Who pushes oil prices higher?

Friday, July 11th, 2008

Since last July, the average oil prices of the Organization of Petroleum Exporting Countries (OPEC)have almost doubled, rising from less than 70 U.S. dollars per barrel (dpb) to over 140 dpb. Facing the skyrocketing prices, different people ...

Dollar at lower 107 yen level in Tokyo

Friday, July 11th, 2008

The U.S. dollar stood at the lower 107 yen level early Friday in Tokyo. At 9 a.m., the dollar was quoted at 107.00-02 yen, compared with Thursday's 5 p.m. quotes of 107.04-14 yen in New York and 107.16-17 yen in Tokyo. The ...

Crude prices soar on tensions in Middle East

Friday, July 11th, 2008

Crude prices rebounded sharply Thursday on tensions in the Middle East that stirred by Iran's missile testing. Oil futures soared more than 5 U.S. dollars a barrel on the New York Mercantile Exchange. Iran announced that it has succ ...

Dollar mixed against major currencies

Friday, July 11th, 2008

The dollar was mixed against major currencies on Thursday after comments from U.S. top economic officials mildly helped the greenback in credit worries. The dollar was under pressure of renewed credit worries after shares of Fannie ...

Wall Street higher as oil further declines

Wednesday, July 9th, 2008

Wall Street saw another choppy session and moved slightly higher Tuesday as oil extended Monday's losses. Light, sweet crude fell 5.66 U.S. dollars to 135.71 dollars a barrel in early trading on the New York Mercantile Exchange, aft ...