Stocks

  • Fujitsu on Thursday warned that it plunged into the red in April-June on sluggish sales of personal computers and network equipment, but said it would still meet its full-year profit target. The sprawling ...

  • South Korean giant Samsung Electronics posted an 8.0 percent fall in second quarter net profit on less than stellar sales of its flagship smartphone and stiff competition from cheaper Chinese rivals

    South Korean giant Samsung Electronics posted an 8.0 percent fall in second quarter net profit Thursday and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings. The world's largest smartphone maker said net profit for the April-June …

  • Asian stocks mixed after Fed leaves rates unchange … Associated Press - 1 hour 16 minutes ago
    Asian stocks mixed after Fed leaves rates unchanged

    Chinese stocks held steady Thursday following this week's turbulence while other Asian markets were mixed after the U.S. Federal Reserve left interest rates unchanged at a record low. KEEPING SCORE: The ...

  • The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying it has left the door open for a possible interest rate hike as early as September. In Tokyo, ...

  • Tokyo stocks up 1.36% by break AFP - 2 hours 36 minutes ago

    Tokyo stocks rose 1.36 percent Thursday morning, boosted by a weaker yen and another rally on Wall Street, as the Federal Reserve boosted its view on the US economy. The benchmark Nikkei 225 index gained ...

  • SK Telecom posts 20% drop in Q2 net profit AFP News - 2 hours 49 minutes ago
    South Korea's top mobile operator, SK Telecom, reports a 20 percent drop in second-quarter net profit, due mainly to a one-off cost related to personnel restructuring

    South Korea's top mobile operator, SK Telecom, reported a 20 percent drop in second-quarter net profit Thursday, due mainly to a one-off cost related to personnel restructuring.

  • Asian markets mostly higher after Wall St gains AFP News - 2 hours 59 minutes ago
    Asian markets have mostly risen, tracking a second straight rally in New York, while the dollar also pushed higher after the Federal Reserve upgraded its outlook on the US economy

    Asian markets mostly rose Thursday, tracking a second straight rally in New York, while the dollar also pushed higher after the Federal Reserve upgraded its outlook on the US economy. With the mood on global markets a little more upbeat than at the start of the week, oil prices edged up although concerns over a supply …

  • DBS’ inaugural US$!b covered bonds eagerly snapped … Singapore Business Review - 3 hours ago
    DBS’ inaugural US$!b covered bonds eagerly snapped up by global banks

    62% of its order book came from banks. DBS Bank’s maiden covered bonds were eagerly snapped up by international investors, with the US$1b issue attracting orders of approximately USD1.37 billion from over 40 investors. DBS said that banks anchored the order book and accounted for 62% of orders.

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Currencies

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Commodities

  • Technip SA swung to a loss in the second quarter after Europe’s biggest oil-services provider took a writedown amid an industry downturn it expects to last for longer than anticipated. The loss reached 306.9 million euros ($336.7 million) compared with a profit of 158 million euros the previous year, the Paris-based company …

  • Andrew Forrest, who became a billionaire shipping iron ore to China, now sees big opportunity in the agriculture industry in northern Australia with investment support from overseas. “If we are truly going to develop northern Australia -- that under developed half of Australia -- then the capital required will dwarf anything …

  • Iron ore’s rallied into bull-market territory for the second time this year. The principal concern for mining companies including Fortescue Metals Group Ltd., Rio Tinto Group and their investors is whether it’ll stay there. “We don’t think the rally is going to run too far,” Xiao Fu, head of commodity strategy at Bank …

  • Oil Climbs on Surprise Drop in U.S. Inventories DailyFX - 1 hour 54 minutes ago

    Oil Climbs on Surprise Drop in U.S. Inventories

  • OceanaGold Corp. halted its shares in Sydney on Thursday ahead of announcing a possible business combination as a tumbling gold price drives a mergers and acquisitions boom. The producer said in April it was seeking to buy more assets after agreeing to pay $101 million for Newmont Mining Corp.’s Waihi mine in New Zealand. …

  • Con-way misses Street 2Q forecasts Associated Press - 6 hours ago

    On a per-share basis, the Ann Arbor, Michigan-based company said it had net income of 76 cents. The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks ...

  • On a per-share basis, the Toronto-based company said it had a loss of 7 cents. Losses, adjusted for non-recurring costs, were 1 cent per share. The results met Wall Street expectations. The average estimate ...

  • Pacific Ethanol posts 2Q profit Associated Press - 6 hours ago

    The Sacramento, California-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring gains, came to 1 cent per share. The ethanol producer posted revenue of $227.6 million ...

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