Oil Drops Below $88 on Recession Fears
NEW YORK (AP) -- Oil futures fell sharply Tuesday, dropping below $88 after financial markets were surprised by data that indicated the traditionally strong service sector shrank dramatically last month, raising the prospect that demand for energy will weaken along with the economy. Expectations that crude supplies are climbing also took prices lower.... hosted.ap.org |
An investment in Visa is a bet on a big brand
Visa’s initial public offering that was announced this week may raise the most capital in U.S. history. But buying the shares may turn out to be a bargain. feeds.marketwatch.com |
Dollar falls to mid-101 yen in Tokyo
The U.S. dollar fell to the mid-101yen zone early Thursday in Tokyo. At 9 a.m., the dollar traded at 101.46-51 yen, compared with 101.76-86 yen in New York and 103.07-09 yen at 5 p.m. Wednesday. The euro was quoted at 1.5536 ... english.people.com.cn |
Dollar trades in upper 99 yen range in Tokyo
The U.S. dollar traded in the upper 99 yen range early Tuesday in Tokyo. At 9 a.m., the dollar traded at 99.75-80 yen, against 99.65-75 yen in New York and 99.35-38 yen in Tokyo at 5 p.m. Monday. The euro was quoted at 1.575 ... english.people.com.cn |
Indian stock market closed higher
The Indian stock benchmark Sensex closed Friday at 16,481.20 points, up 237.01 points or 1.46 percent from the previous day. Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and ... english.people.com.cn |