PREVIEW: China May Raise Retail Fuel Prices as Early as Friday
China may raise fuel prices as early as Friday by 350 yuan (about $55) a ton, or at least 4%, analysts say, snapping three straight months of price cuts due to a surge in global crude-oil prices and the central government's relatively comfortable inflation outlook.
General Motors Says China July Sales up 15% on Year
General Motors Co. (GM) and its joint ventures in China sold a record 199,503 vehicles in the country in July, up 15% from a year earlier, the U.S. auto maker said Monday.
Attack on temple spreads fear among US Sikh population
Shooting brings fresh worries to the half million U.S. followers of a faith whose congregants have worried about their safety since the Sept. 11, 2001, attacks.
Tiger Woods plans return to Malaysia for PGA Tour-sanctioned event
One year before the PGA Tour stop in Malaysia becomes an official event, it will get the biggest draw in golf — Tiger Woods.
BDO Unibank to Set up $2 Billion Euro Medium-Term Note Program
BDO Unibank Inc. (BDO.PH) said Monday it will set up a $2 billion euro medium-term note program that will give it flexibility to issue foreign currency denominated notes.
Sands China Stock Jumps Despite U.S. Probe Report
Shares of Sands China Co. jumped in Hong Kong on Monday, unaffected by reports of a money-laundering probe in the U.S. concerning the casino operator's parent company Las Vegas Sands Corp. .
Aboitiz Equity 2Q Net Profit Up 6% At PHP6.0 Billion
Philippine conglomerate Aboitiz Equity Ventures Inc. (AEV.PH) said Monday its net profit in the second quarter rose 6% to 6 billion pesos ($143 million) driven mainly by gains from its power firm.
Knight Deal May be Raw Deal for Shareholders
Knight Capital may yet survive – but in nowhere near the shape it was before its now infamous trading error, and possibly without its CEO.
Asian Shares Climb, Aided by U.S. Jobs Report
Asian markets rose sharply on Monday as strong employment data from the U.S. and positive signs from Europe improved sentiment, lifting the South Korean won to its highest level in four months.
Hong Kong Stocks Up; Hang Seng Index Above 20,000
Hong Kong shares jumped Monday to begin a new week on a buoyant note as last week's upbeat U.S. jobs data lifted sentiment in global markets, helping the Hang Seng Index reclaim the 20,000-point level.