Shares News

TOKYO (XFN-ASIA) - Share prices ended the morning session lower, following the falls on Wall Street Friday, dealers said. Trading was also cautious as the market awaited the outcome of tomorrow's elections in the US, the special quotation (SQ) for settling futures and options contracts, the release of the machinery orders data for September and the release of the GDP data for the July-September q ...

HONG KONG (XFN-ASIA) - Share prices turned flat after opening lower on consolidation after the market's record-high close at the end of last week and following Wall Street's falls on Friday, triggered by rising oil prices, dealers said. They said the Tokyo bourse's losses this morning are also likely to weigh on sentiment. At 10.35 am, the Hang Seng Index was down 2.19 points at 18,747.5, off a  ...

The pay gap between FTSE 100 bosses and the UK's work force is widening, research by the Incomes Data Services (IDS) has shown. Average earnings of the top company executives is a record 98 times more than a typical employee, IDS said. Ten years ago, the pay differential was 39 times that of the average worker. A FTSE 100 chief executive in 2005-6 saw their pay rise, on average, 43% to £2.9m - just £730,000 of which was made up by salary. The rest came from bonuses, share optio ...

MUMBAI, India (Dow Jones) -- As India walks into its first full trading week after a busy earnings season in October, the initial public offerings of three companies will grab investors' attention, each for an entirely different reason. First up is Info Edge (India) Ltd., a company best known for its online recruitment and matrimonial classifieds ad Web sites -and www.jeevansaathi.com. This com ...

HONG KONG (XFN-ASIA) - Share prices opened lower on profit-taking after the market's record-high close at the end of last week and following Wall Street's falls on Friday, triggered by rising oil prices, dealers said. They said the Tokyo bourse's losses this morning are also likely to weigh on sentiment. The Hang Seng index opened down 47.44 points or 0.25 pct at 18,702.25. (1 usd = 7.8 hkd) r ...

TEL AVIV (Dow Jones) -- Israeli stocks rose and pushed the Tel Aviv Stock Exchange's TA-25 benchmark index setting a record and cracking the 900-point level, led by a strong performance by the country's banks. The TA-25 rose 2.07% to 907.61, surpassing the record 899 set Wednesday. The TA-100 advanced 1.66% to 919.02, short of its record 919.75 points, set May 9. The Tel-Tech 15 index of top te ...

SAN FRANCISCO (Dow Jones) -- From morning lattes to mortgages to hotel rooms, Americans spend a lot of money on services. Delaware Investments' Delaware American Services Fund (DASAX) focuses on companies that profit from what amounts to more than $4.6 trillion-a-year in spending. The portfolio buys shares of companies that make most of their money providing a service, rather than manufactur ...

(Updates with KKR approach included Permira, according to Le Monde) PARIS (AFX) - US investment group Kohlberg Kravis Roberts (KKR) made an approach to the French music and telecoms group Vivendi, reported to be worth 40 bln eur, Vivendi confirmed yesterday. Vivendi said in a statement that it had received a "friendly expression of interest from KKR", but after studying it "nothin ...