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US stocks rise on Citi earnings, retail sales

In this April 11, 2014, photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange. A government report showing March retail sales notched their biggest increase in 18 months helped give US stocks a lift Monday, April 14. Better-than-expected results from Citigroup helped ease worries that first-quarter corporate earnings would be weak.  AP PHOTO/RICHARD DREW

US stocks rose decisively Monday after a solid earnings report from Citigroup and encouraging retail sales data, reversing course after deep losses late last week.

Posted: April 15th, 2014 in Latest Business Stories | Read More »

Asian shares mixed after fresh Wall St. losses

A man walks by an electronic stock board of a securities firm in Tokyo Friday morning, April 11, 2014. Asia's markets were mixed on Monday, April 14, following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.  AP PHOTO/KOJI SASAHARA

Asia’s markets were mixed on Monday following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

IMF no longer forces ‘structural adjustment’ – chief

International Monetary Fund (IMF) Managing Director Christine Lagarde, accompanied by IMFC Chair and Singapore Finance Minister Tharman Shanmugaratnam, speaks during a news conference at World Bank Group-International Monetary Fund Spring Meetings in Washington, Saturday, April 12, 2014. AP

The International Monetary Fund has changed and no longer imposes tough “structural adjustment” programs as it did in poor countries two decades ago, IMF chief Christine Lagarde said Saturday.

Posted: April 13th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Crude oil prices fall further in Asia

FILE PHOTO

Oil prices extended losses in Asian trade Friday as data showing a slowdown in China’s giant economy sparked concerns about weak demand.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Hong Kong stocks open 0.36 percent lower

An electronic board showing the Hong Kong share index is seen at a commercial building in Hong Kong Thursday, April 10, 2014. China has unveiled a plan that would give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges. AP/Vincent Yu

Hong Kong shares slipped 0.36 percent in the first few minutes of trade Friday, in line with regional losses following a sell-off on Wall Street.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Tech stocks lead market rout; Nasdaq plunges 3.1%

Trader Peter Tuchman, right, works on the floor of the New York Stock Exchange on Thursday, April 10, 2014. Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.  AP PHOTO/RICHARD DREW

Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

IBM buys Internet marketing firm Silverpop

AFP FILE PHOTO

IBM on Thursday announced that it is buying Internet marketing firm Silverpop to enhance its portfolio of services for businesses out to target potential customers.

Posted: April 11th, 2014 in Latest Business Stories,Photos & Videos | Read More »

Asian shares up after Wall St. rallies on Fed minutes

A man checks his mobile phone near an electronic stock board of a securities firm in Tokyo on Wednesday, April 9, 2014. Asian markets rose on Thursday, taking their lead from a Wall Street rally after minutes from the US Federal Reserve's latest policy meeting showed no support for an early rise in interest rates.  AP PHOTO/EUGENE HOSHIKO

Asian markets rose on Thursday, taking their lead from a Wall Street rally after minutes from the US Federal Reserve’s latest policy meeting showed no support for an early rise in interest rates.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Dovish Fed minutes send US stocks up more than 1%

Wall-Street-4914

Wall Street stocks Wednesday bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.

Posted: April 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asian shares mostly up, but yen sinks Tokyo

asian shares

Asia’s markets mostly rose on Wednesday following a slight rebound on Wall Street but Tokyo took another hit from a stronger yen.

Posted: April 10th, 2014 in Latest Business Stories | Read More »

Toyota recalls 6.39 million vehicles worldwide

AP FILE PHOTO

Toyota on Wednesday recalled 6.39 million vehicles worldwide for five different problems, dealing another blow to the world’s largest automaker whose reputation for quality and safety has been dented in recent years.

Posted: April 9th, 2014 in Latest Business Stories | Read More »

PH financial markets closed

Philippines Stocks Exchange. AP FILE PHOTO

Financial markets in the Philippines are closed on Wednesday for a public holiday.

Posted: April 9th, 2014 in Latest Business Stories | Read More »

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