Nikkei down on profit-taking, blue chips hold firm

August 11, 2008 on 10:24 pm | In Business News | No Comments

TOKYO (Reuters) - Japan’s Nikkei average slipped 0.7 percent on Tuesday as investors locked in profits following a three-week closing high on Monday, with Tokyo Electron Ltd and firms that had gained hit by selling. But Honda Motor Co and other blue-chip exporters held firm, while gains by large banks braked further slides and oil’s fall below $113 a barrel on Monday helped boost shippers and Japan Airlines Corp

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Nikkei down on profit-taking, blue chips hold firm

Gold and platinum strike 8-month low on dollar

August 11, 2008 on 10:23 pm | In Business News | No Comments

SINGAPORE (Reuters) - Gold extended losses on Tuesday and tumbled to its weakest in almost eight months on the rising U.S. dollar and general weakness in commodities markets, which reduced its safe-haven appeal.

Gold and platinum strike 8-month low on dollar

Gold falls to 8-month low on rising U.S. dollar

August 11, 2008 on 9:38 pm | In Business News | No Comments

SINGAPORE (Reuters) - Gold extended losses on Tuesday and tumbled to its weakest in almost eight months on the rising U.S. dollar and general weakness in commodities markets, which reduced its safe-haven appeal.

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Gold falls to 8-month low on rising U.S. dollar

Nikkei slides on profit-taking and chip shares shaky

August 11, 2008 on 9:02 pm | In Business News | No Comments

TOKYO (Reuters) - Japan’s Nikkei share average slipped 0.6 percent on Tuesday, with profit-taking emerging a day after the market hit a three-week closing high and chip-related shares such as Tokyo Electron dragging it lower.

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Nikkei slides on profit-taking and chip shares shaky

Consumer price inflation seen at 4.1 pct in July

August 11, 2008 on 8:48 pm | In Business News | No Comments

LONDON (Reuters) - Inflation probably rose to over 4 percent in July, against the Bank of England’s 2 percent target, but the Bank is unlikely to react by raising interest rates soon as the economy stalls.

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Consumer price inflation seen at 4.1 pct in July

Nikkei edges down and chip-related stocks lower

August 11, 2008 on 8:13 pm | In Business News | No Comments

TOKYO (Reuters) - Japan’s Nikkei stock average slipped 0.3 percent on Tuesday, dragged lower by chip-related shares such as Kyocera Corp though blue-chip exporters managed to hold their own in the wake of a drop in oil.

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Nikkei edges down and chip-related stocks lower

House prices fall but sales at record low

August 11, 2008 on 7:41 pm | In Business News | No Comments

LONDON (Reuters) - House prices fell slightly less than expected in the three months to July but the number of completed sales per surveyor fell to their lowest in at least 30 years, a report showed on Tuesday.

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House prices fall but sales at record low

Wachovia boosts loss and cuts more jobs

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

NEW YORK (Reuters) - Wachovia increased its previously reported second-quarter loss to $9.11 billion (4.77 billion pounds) to cover costs to settle a probe of auction-rate securities sales, and said it will cut more jobs as the housing market deteriorates.

Wachovia boosts loss and cuts more jobs

FTSE rises as ITV and housebuilders gain

August 11, 2008 on 12:14 pm | In Business News | No Comments

LONDON (Reuters) - The benchmark index ended higher on Monday as free-to-air broadcaster ITV rose on persistent bid speculation, while miners tracked weaker metal prices.

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FTSE rises as ITV and housebuilders gain

Fortis sell ABN private equity assets

August 11, 2008 on 11:39 am | In Business News | No Comments

BRUSSELS (Reuters) - Belgian-Dutch financial group Fortis said on Monday that together with Royal Bank of Scotland and Spain’s Santander, it had sold a number of ABN AMRO private equity assets to a consortium led by Goldman Sachs .

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Fortis sell ABN private equity assets

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