Japan's stocks slipped and the yen hit a seven-week high on Thursday on unease that Friday's U.S. employment picture may reflect a slower recovery than investors have priced into markets, raising uncertainty about riskier assets. Government bonds edged higher and gold remained near a three-month high reached on Wednesday, after a survey of the U.S.
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Nokia on Wednesday bolstered its smartphone line-up to better compete with Apple and said a $820 laptop will lead its foray into the fiercely-competitive PC market. The new handsets — including its first phone using Linux software — are the latest moves by the Finnish firm to match Apple's innovation in a sector switching focus
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Is it a book? Is it a movie? Is it a website? Actually it's all three. Anthony Zuiker, creator of the "CSI: Crime Scene Investigation" U.S. television series, is releasing what he calls a "digi-novel" combining all three media — and giving a jolt to traditional book publishing. Zuiker has created "Level 26," a crime
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Stocks edged lower on Wednesday, beginning a fourth day of declines, after disappointing reports on the labor market and factory orders increased fears the rally may have run too far ahead of the economy. The ADP survey of private-sector jobs is seen as a precursor to Friday's closely-watched monthly government figures on employment as investors
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The United States lost fewer private sector jobs in August than in the prior month while companies also planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market. Tentative signs of recovery were also evident in data showing U.S. factories saw an increase in new orders in July for the fourth straight month,
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Cyprus plans to issue EUR 3 bln in three year bonds to domestic banks to assist them in getting cheaper funding from the European Central Bank, the finance ministry said on Wednesday. Commercial lenders which will be allocated the bonds will be legally obliged to pass cheaper interest rates on to consumers, authorities said. 'The
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The United States lost fewer private sector jobs in August than in the prior month while companies also planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market. U.S. employers cut 298,000 private sector jobs last month, according to the ADP Employer Services report, jointly developed with Macroeconomic Advisers LLC. That beat the
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Otsuka: New govt will curb new JGB issuance in 2010/11 Japan's new government will not meddle in the Bank of Japan's policy and market operations, a key lawmaker for the Democratic Party said, shrugging off speculation that it may pressure the central bank to print money to buy government debt. The Democrats won a sweeping
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Pace of attacks rising A car bomb blew up outside the Athens stock exchange on Wednesday, slightly injuring one woman, in what Greek police suspect was the latest attack by leftist or anarchist groups. Here is a timeline of some major attacks in Greece over the last two years: Jan. 2007 – Guerrillas fire a
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Norway says some producers should do more for climate Oil-rich states are morally obliged to support tough limits on global emissions and should spend some of their windfall on environmental protection, a top Norwegian politician said on Wednesday. Erik Solheim, Norway's minister of environment and development, told Reuters it was a "paradox" that Norway —
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