Financial News

(updating with full details) LONDON (Thomson Financial) - UK blue chips fell back in early deals this morning, reversing an opening gain on the back of Wall Street's overnight advance reflecting position-squaring ahead of the quarter-end and with sugar group Tate & Lyle dropping significantly after a cautious trading update. At 9.21 am, the FTSE 100 index was 22.3 points weaker at 6,464.1, h ...

Geoff Foster, Daily Mail28 September 2007, 7:31am Word is Baugur, which already owns a big slug of the High Street and such names as Goldsmiths, House of Fraser, Hamleys, Karen Millen and Oasis, has given up the ghost at Woolworths and decided to sell down its 7% stake in the struggling pic'n'mix retailer. WANT TO KNOW MORE? SHARE TIPS: Newspaper and magazine share tips OTHE ...

LONDON (Thomson Financial) - US SUMMARY: Stocks rise on mixed economic data, oil surges Change Pct change DJIA 13912.94 +34.79 +0.25 NASDAQ 2709.59 +10.58 +0.39 S&P 500 1531.38 +5.96 +0.39 eur-usd 1.4160 +0.0024 Brent crude Nymex 82.88 usd +2.587 usd ...

SYDNEY (Thomson Financial) - Australian shares are likely to open higher Friday as investors spruce up their portfolios on the last trading day of the third quarter. A positive lead from Wall Street overnight will also help push shares further into record territory. ''It's the end of the quarter and I think we will see some nice book-squaring and that will result in quite a firm market,'' Bell Po ...

HONG KONG (Thomson Financial) - Hong Kong shares closed sharply higher Thursday, with the main index sweeping past the 27,000 level for the first time, on speculation that a Chinese government-owned fund focusing on overseas investments will start operating this week. China Investment Co (CIC), the new fund set up to manage some of the country's 1.4 trillion US dollars in foreign exchange reserve ...

SINGAPORE (Thomson Financial) - A strong performance on Wall Street overnight fuelled a rally across Asia on Thursday, sending Hong Kong, Australian and Singapore stock benchmarks to fresh records as traders put their subprime worries behind them and bet on a robust third-quarter earnings season for Asian companies. Thailand underperformed on concerns about the escalating tensions in neighboring  ...

SINGAPORE (Thomson Financial) - A strong performance on Wall Street overnight fuelled a rally across Asia on Thursday, sending Hong Kong, Australian and Singapore stock market benchmarks to fresh records as traders put their subprime worries behind them and bet that the Asian third-quarter earnings season will be robust. The Hang Seng reopened after a public holiday with a more than 400-point gai ...

KUALA LUMPUR (Thomson Financial) - Malaysian shares were higher in early tradeThursday as Wall Street's rise overnight, coupled with news merger and acquisition (M&A) activities locally, encouraged follow-through buying and extended yesterday's gains. Continued buying interest in big caps, construction and finance stocks helped boost the key index. At 10.07 am, the Kuala Lumpur Composite Ind ...

KUALA LUMPUR (Thomson Financial) - Malaysian shares were higher in Thursday morning trade as Wall Street's rise overnight and news of merger and acquisition (M&A) deals locally encouraged follow-through buying. Continued buying interest in big caps, construction and finance stocks helped boost the key index. At 10.07 am, the Kuala Lumpur Composite Index (KLCI) gained 15.36 points or 1.2 perc ...

Simon English, Evening Standard25 September 2007, 9:33am Talks between the Qatari bidders pursuing J Sainsbury and trustees of the staff pension fund have begun in earnest, as the takeover of the supermarket group enters its trickiest period. OTHER STORIES BP warns of 'dreadful' results Market report: Tuesday preview Yesterday's trading: Billiton's Olympic gold Northern Rock share ...