Shares News

HONG KONG (XFN-ASIA) - Share prices were sharply lower after North Korea announced that it has conducted a nuclear test, prompting jitters across the region, dealers said. They said the news has triggered concerns over regional security and heightening political tensions. At 11.03 am, the Hang Seng Index was down 274.59 points or 1.53 pct at 17,628.80, off a low of 17,589.12 and a high of 17,876 ...

HONG KONG (XFN-ASIA) - Toyota Motor Corp plans to maintain annual capital expenditure for the next several years at about the same level as last year's unprecedented level, the Wall Street Journal reported, citing a company official. It cited Mitsuo Kinoshita, a Toyota executive vice president, as saying that the auto maker had a record 1.55 trln yen in capital expenditure in the fiscal year ende ...

SAN FRANCISCO (Dow Jones) -- Peter Vanderlee, a portfolio manager at investment firm ClearBridge Advisors, recognizes the value of a dollar -- or at least part of one -- paid out in shareholder dividends. Among the various ways companies can spend excess cash, dividends hold special appeal for shareholders. These regular payments indicate strong corporate health, even more so when a company con ...

HONG KONG (Dow Jones) -- Asian stock were flat to higher Monday, with Australia's leading index nudging into positive territory on gains in miner BHP Billiton and oil producer Santos, while South Korean shares advanced, after an extended holiday closure, led by Kookmin Bank. Australia's key S&P/ASX 200 index was up as much as 0.2% to 5,229.8. South Korea's Kospi Index was up as much as 0.4% ...

BEIJING (XFN-ASIA) - Industrial and Commercial Bank of China (ICBC), which plans a dual listing later this month of up to 19 bln usd, has set an indicative price range of 2.56-3.07 hkd per share for its initial public offering, lower than it initially sought, the South China Morning Post reported, citing sources. ICBC begins taking institutional orders today and will open the retail tranche on Oc ...

SINGAPORE (XFN-ASIA) - Genting International's offer to take over Stanley Leisure of the UK has turned unconditional now that the Malaysian company's holding in the UK gaming firm is more than 50 pct, Genting International said. Genting International said it now held 69.4 pct of Stanley Leisure. The company has received valid acceptances from the holders of 49.33 mln shares for its offer to acqu ...

NEW YORK (AFX) - The last time the Dow Jones Industrial Average hit a record high, paper millionaires were being minted, irrational exuberance was in the air, and investors forgot about concepts like rebalancing and asset allocation. Now, as the Dow Jones Industrial Average returns to those levels six years later, cooler heads prevail. The latest milestone -- on Thursday the Dow, which represents ...

LONDON (AFX) - Ryanair Holdings PLC boss Michael O'Leary believes staff at Aer Lingus Group PLC could yet support his surprise 1 bln stg bid for the Irish national carrier, despite the trenchant opposition of trade unions and the Dublin government, The Sunday Times reported. O'Leary reportedly told the newspaper that the cash offered -- 2.8 eur a share -- was a powerful incentive to airline worke ...

Ian Gallagher, Mail onm Sunday8 October 2006 Britain's high Street banks are expected to join a worldwide effort to combat child pornography on the internet. CRACKDOWN: Banks could make it impossible to pay for web porn using credit and debit cards WANT TO KNOW MORE? GUIDE: Internet safety - how to complain REPORT: I chose an Islamic bank DEAL FINDER: Best savings accounts OTHER STORIES Threat to 27,000 bank accounts Market report: Friday close Starbucks set for w ...

AKRON, Ohio (AFX) - Legend has it you used to be able to smell the rubber in this blue-collar city, home to the world's third largest tiremaker. But these days the most noticeable scent near Goodyear Tire & Rubber Co.'s hulking headquarters is the smell of wood burning in metal barrels that keep striking workers warm from the unusually chilly fall air. They might be out there a long time ...