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Gap Beats on Higher Sales

admin — Fri, 18 May 2012 12:53:21 +0000

Driven by increased sales and a lower share count, Gap’s earnings of 47 cents per share for first-quarter 2012 beat the Zacks Consensus Estimate by a penny.

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China slams ‘protectionist’ US solar cell duties

admin — Fri, 18 May 2012 07:57:01 +0000

China on Friday blasted hefty anti-dumping duties slapped on the Asian nation’s solar cell makers by the United States as “protectionist”, heightening trade tensions between the two global powers. …

Economic News – Yahoo! Finance Singapore

RUBBER-Tokyo futures fall 2 pct on strong yen, demand worries

admin — Fri, 18 May 2012 02:54:48 +0000

TOKYO, May 18 (Reuters) – Key TOCOM rubber futures fell 2percent on Friday, snapping a rebound on short-covering a dayearlier, as renewed concerns that the problems of the euro zoneeconomy will undermine …

Commodities Market News – Yahoo! Finance Singapore

PRECIOUS-Gold rallies from rout on technicals; dead-cat bounce?

admin — Thu, 17 May 2012 21:52:45 +0000

* Gold almost hits 100-week moving average for first timesince 2009 * Bullion notches largest one-day gain since late January * Tentative physical buying returns (New throughout, updates prices and market …

Commodities Market News – Yahoo! Finance Singapore

Oil falls on euro zone worries, weak economic data

admin — Thu, 17 May 2012 16:55:59 +0000

By Gene Ramos NEW YORK (Reuters) – Brent crude oil fell on Thursday, touching the lowest level since December, as investors avoided bets on riskier assets with the turmoil in Greece deepening and fears …

Commodities Market News – Yahoo! Finance Singapore

Facebook can’t take Asian growth for granted

admin — Thu, 17 May 2012 11:53:10 +0000

By Jeremy Wagstaff, Asia Chief Technology Correspondent SINGAPORE (Reuters) – Even as Facebook fever grips investors ahead of the social networking giant’s potential $ 100 billion-plus initial public offering, …

Economic News – Yahoo! Finance Singapore

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hostgator — Thu, 17 May 2012 07:03:11 +0000

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HSBC says turnaround plan on target, costs cut by $2 bln

admin — Thu, 17 May 2012 06:56:37 +0000

By Lawrence White and Kelvin Soh HONG KONG (Reuters) – HSBC (HSBA.L), Europe’s biggest bank, said it cut costs by $ 2 billion after one year of a 3-year turnaround plan, and is on target to meet its return …

Investors flee the euro for the dollar

admin — Thu, 17 May 2012 01:54:14 +0000

The euro sank to a four-month low against the dollar Wednesday amid ongoing concerns that debt-wracked Greece will leave the euro, spreading financial contagion throughout the eurozone. The euro was at …

Currencies News | Currency Market News – Yahoo! Finance Singapore

World markets waver over Greece vote, US data

admin — Wed, 16 May 2012 20:54:09 +0000

World stocks laid low by a call for new elections in Greece and prolonged agony in the eurozone wavered in nervous trade on Wednesday as fears of a Greek exit from the euro lingered. Investors were encouraged …

Currencies News | Currency Market News – Yahoo! Finance Singapore