Olympus Urged to Extend Executive Purge Over Hidden Losses

Wednesday, November 9th, 2011

Olympus Corp.’s admission that three of its top executives colluded to hide losses from investors fails to address the roles played by other officials, according to the company’s biggest overseas shareholder. Find more info about Olympus Urged to Extend Executive Purge Over Hidden Losses photos videos pictures. read more

European Stocks Rebound From Two-Day Slide as Vodafone Rallies

Wednesday, November 9th, 2011

European stocks rose, with the Stoxx Europe 600 Index rebounding from two days of losses, as Italy’s Prime Minister Silvio Berlusconi won a parliamentary vote on the budget yet still lost his absolute majority. Find more info about European Stocks Rebound From Two-Day Slide as Vodafone Rallies photos videos pictures. read ...

Asian Currencies Rally on Demand for Yield as Greece Scraps Vote

Sunday, November 6th, 2011

Asian currencies rallied, paring this week’s losses, after Greece scrapped plans for a referendum that put its bailout in jeopardy, fueling investor appetite for emerging-market assets. Find more info about Asian Currencies Rally on Demand for Yield as Greece Scraps Vote photos videos pictures. read more

PetroChina Gains Top Sinopec as Crude Counters Refining Loss

Friday, October 28th, 2011

PetroChina Co.’s third-quarter profit growth outpaced gains by rival China Petroleum & Chemical Corp. as higher crude oil prices helped counter refining losses at Asia’s biggest company by market value. Find more info about PetroChina Gains Top Sinopec as Crude Counters Refining Loss photos videos pictures. read more

Asian Stocks Rise on Bets Europe May Agree on Debt Writedown

Thursday, October 27th, 2011

Asian stocks rose, reversing losses, after a report European leaders are close to approving an agreement with banks on writedowns of Greek debt. Find more info about Asian Stocks Rise on Bets Europe May Agree on Debt Writedown photos videos pictures. read more