Oil extends slump and Asia stocks at 3-week low

August 4, 2008 on 11:01 pm | In Business News | No Comments

HONG KONG (Reuters) - Oil and metals prices skidded on Tuesday toward multi-month lows, denting shares of companies in the resources sector and sending Asian stocks to their lowest in three weeks amid deepening fears of a weakening global economy.

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Oil extends slump and Asia stocks at 3-week low

Oil near three-month low on weak demand

August 4, 2008 on 10:57 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil hovered at a three-month low on Tuesday as concerns over tight supplies eased amid evidence of rising OPEC output and declining U.S. demand in the face of a weak economic outlook.

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Oil near three-month low on weak demand

HSBC shares fall after H1 results

August 4, 2008 on 10:03 pm | In Business News | No Comments

HONG KONG (Reuters) - Shares of HSBC fell 1.47 percent on Tuesday after it reported a 28 percent fall in first-half profit, which was at the lower end of market expectations.

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HSBC shares fall after H1 results

Property brokers fear jobs cull

August 4, 2008 on 9:21 pm | In Business News | No Comments

LONDON (Reuters) - With much of the European real estate market on its knees, the painful death of job security is now haunting property brokers as well as investment bankers.

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Property brokers fear jobs cull

Harder to keep assets off books in IFRS

August 4, 2008 on 7:37 pm | In Business News | No Comments

WASHINGTON (Reuters) - International accounting standards will make it harder for banks to keep assets off their balance sheets, a regulator said on Monday, as the United States mulls whether to broaden its use of foreign rules.

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Harder to keep assets off books in IFRS

Oil falls to three-month low

August 4, 2008 on 4:03 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil fell to a three-month low on Monday, pressured by evidence of rising OPEC output in the midst of declining demand in the United States and Europe.

Oil falls to three-month low

Oil falls below $120 as output rises

August 4, 2008 on 1:19 pm | In Business News | No Comments

LONDON (Reuters) - Oil fell below $120 a barrel on Monday, pressured by evidence of rising OPEC output in the midst of declining demand in the United States and Europe.

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Oil falls below $120 as output rises

FTSE falls as miners and banks slip

August 4, 2008 on 12:09 pm | In Business News | No Comments

LONDON (Reuters) - The top share index closed 0.6 percent lower on Monday, as a sharp decline in metal and crude prices hit commodity stocks and HSBC’s in-line results failed to cheer the financial sector.

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FTSE falls as miners and banks slip

FTSE flat as HSBC results drag banks

August 4, 2008 on 7:11 am | In Business News | No Comments

LONDON (Reuters) - The benchmark stock index reversed earlier gains to trade flat on Monday, as oil shares tracked rising energy prices, while Europe’s biggest bank HSBC dragged after its first-half results.

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FTSE flat as HSBC results drag banks

Hot Small Caps - Pub groups boosted by Punch bid report

August 4, 2008 on 5:59 am | In Business News | No Comments

London (Reuters) - Following is a round-up of key small cap movers on the London stock market on Monday.

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Hot Small Caps - Pub groups boosted by Punch bid report

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