EU finance ministers agree to publish weekly oil stocks data

Wednesday, July 9th, 2008

European Union (EU) finance ministers agreed on Tuesday to publish oil stocks data on weekly basis in an effort to improve market transparency in face of soaring oil prices. "We now have political agreement on improving transparency ...

U.S. stocks rebound as crude prices plunge

Wednesday, July 9th, 2008

U.S. stocks rebounded sharply Tuesday as crude prices dropped sharply for the second day with all the major indexes up more than 1 percent. Crude prices fell more than 5 U.S. dollars to 136.04 dollars a barrel on the New York Mercan ...

Dollar extends loss as U.S. stocks tumble

Friday, June 27th, 2008

The dollar fell against most major currencies on Thursday, extending losses of the previous session as Wall Street plunged. The dollar continued losing grounds after the U.S. Federal Reserve failed to give a strong signal that it wo ...

Mexico bans poultry imports from Arkansas

Thursday, June 26th, 2008

The Mexican Ministry of Agriculture, Fishing and Livestock has banned the import of poultry from the U.S. state of Arkansas, after detecting a low-risk outbreak of avian flu. "The precaution ban is to avoid the risk of introducing t ...

Indian stock market ends up 113 points

Thursday, June 26th, 2008

Indian shares closed higher on Wednesday, with the key Sensex index up 113.49 points. Sensex rose 113.49 points, or 0.80 percent, to 14,220.07. The trade value of the day is 401.17 million U.S. dollars. Sensex is the common ...

HK stock markets morning trading closes for tropical storm

Wednesday, June 25th, 2008

Hong Kong Exchanges and Clearing Limited (HKEx) announced Wednesday the morning trading sessions of both the securities and derivatives markets have been delayed due to the issuance of Typhoon Signal No. 8 by the Hong Kong Observatory. ...

London stock market opens higher

Wednesday, June 25th, 2008

The London stock market opened higher in the early trading on Monday after travel firm Thomas Cook reported interim results. Thomas Cook shares rose 2.9 percent following reports of narrowed first-half losses and that it was set to ...

London stock market driven higher by energy, mining

Tuesday, June 24th, 2008

The London stock market made a strong start to the week on Monday with energy and mining shares on the rise after the price of metals and oil increased. The FTSE 100 went up 33.10 points, or 0.59 percent, at 5,653.90. Rising ...