Archive for July 30th, 2009
Asian shares steady after bruising; oil pauses (Reuters)
Posted by Bancherul.com in Finance News on July 30th, 2009
Asian share markets were largely steady on Thursday, struggling to regain multi-month highs, while Shanghai shares see-sawed after a 5 percent sell-off the previous day that sent other markets reeling.
Asian shares steady after bruising; oil pauses (Reuters)
Posted by Bancherul.com in Finance News on July 30th, 2009
Asian share markets were largely steady on Thursday, struggling to regain multi-month highs, while Shanghai shares see-sawed after a 5 percent sell-off the previous day that sent other markets reeling.
Japan industrial output up 2.4 percent in June (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
Japan’s factory output rose for the fourth straight month in June as hopeful manufacturers boosted production to meet an uptick in global demand from depressed levels.
Senate passes energy and water bill (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
The Senate on Wednesday passed a $34.3 billion energy spending bill that backs up President Barack Obama’s promise to close the Yucca Mountain nuclear waste facility in Nevada.
A look at the deal worked out on health care (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
The White House, Democratic leaders and four fiscally conservative House lawmakers worked out a deal Wednesday to move ahead on sweeping health care legislation.
Draft plan would keep Mich. wetlands program alive (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
An influential state senator trying to save Michigan’s wetlands protection program pitched an idea Wednesday that could make it more efficient — and possibly save it from the governor’s list of proposed budget cuts.
Highlights from the Fed’s latest economic survey (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
Highlights from the Federal Reserve’s survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed’s 12 regional bank districts.
CommScope shares plunge after 2Q results (AP)
Posted by Bancherul.com in Finance News on July 30th, 2009
Network infrastructure company CommScope Inc. said Wednesday its second-quarter profit plunged 61 percent, due to hefty charges related to acquisitions, debt, litigation and restructuring.
Phone call to NYSE set off Braikan fraud probe (Reuters)
Posted by Bancherul.com in Finance News on July 30th, 2009
A phone call to the New York Stock Exchange from an investor worried that he’d just been duped helped spark a chain of events early last week that led U.S. authorities to file fraud charges against a Kuwaiti financier, who was later found dead in his home.
Wall St sags on China-driven economy fear, Visa off (Reuters)
Posted by Bancherul.com in Finance News on July 30th, 2009
U.S. stocks fell on Wednesday as investors worried that China might be ready to hit the brakes on lending, a move that could curb demand and hinder the global economic recovery.