Posts Tagged ‘Asia’

Asia shares drift lower on Europe concerns

Carmakers lose ground on fears that debt crisis will curb Asian exports to the eurozone View full post on UK Business Stories

Asia retreats ahead of key US jobs data

A weak performance by Wall Street put an end to Asian stock markets’ six-day win streak ahead of a key US jobs reports View full post on UK Business Stories

Campbell Soup 1Q Profit Down 8 Percent

Kris Alingod – AHN News Contributor Camden, NJ, United States (AHN) – Campbell Soup’s earnings for the first quarter of 2011 slid 8 percent but the company maintained its full fiscal year outlook. Net income for the period ended Oct. 31 was $279 million, or 82 cents per share, down from $304 million, or 87 […]

President Obama Looks Forward To Expanding Exports During Asia Trip

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The Obama Administration is preparing to promote exports with “Made in America” brand from manufacturing sector during the upcoming presidential trip to Asia, officials told journalists on Monday. During his trip to Asia later this week, President Barack Obama would concentrate on opening […]

Planned Singapore-Australian Stock Exchange Merger Worries Japan

Lawrence Mijares – AHN News Contributor Tokyo, Japan (AHN) – The chief executive of the Tokyo Stock Exchange, Atsuhiro Saito, is warning that if a planned merger between the Singapore and Australian stock exchanges pushes through, it could result in a loss for the TSE. The Tokyo exchange has a 4.9 percent share in the […]

Merger of Australia, Singapore Stock Exchanges Planned

Lawrence Mijares – AHN News Contributor Sydney, Australia (AHN) – Singapore’s stock exchange is poised to take over its counterpart, the Australian Securities Exchange (ASX), forming a US$13.8 billion alliance, through a US$6 billion bid by Singapore to be announced Monday, according to media reports. Commenting on the reported merger, a spokesman for the Australian […]

Nestle Reports Strong Nine-Month Sales

Kris Alingod – AHN News Contributor Vevey, Switzerland (AHN) – Nestle reported better-than-expected sales in the first nine months of the year on Friday and maintained its forecast for the full year. Sales from January through September grew to 82.8 billion Swiss francs ($85.2 billion), up 4.1 percent from 79.5 billion Swiss francs ($81.8 billion) […]

Fishery Expert Urges International Agreement On Salmon Production

AHN News Staff Vancouver, British Columbia, Canada (AHN) – A Canadian fishery expert urged on Monday that an international agreement on salmon production be drawn up to prevent overcrowding of salmon stock in the North Pacific. Estimates by a Canadian-U.S. research team placed the population of adult pink, chum and sockeye salmon to twice as […]

Korea trade deal hinges on autos

In the best of all worlds, a South Korea-U.S. free trade agreement would fling open the doors of that country’s million-vehicle-a-year auto market to U.S. brands like the Ford Focus or Fiesta, the type of fuel-efficient small cars that Koreans prefer and are central to Ford’s corporate strategy. Hinge – South Korea – Asia – […]

Bear Market, Bull Market or Dead-Cat Bounce…It Matters Little to the Stalwart Penny Stock

Over the last eight weeks [June, 2006] I’ve been spending a lot of time reading articles describing the current market conditions…trying to figure if it really affects penny stock investors. Are we in a bull market…are we wading into a bear market. Or is the recent rally just a dead-cat bounce?