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Breaking News Wed, 10 Mar 2010
 Cathay Pacific Airways /aaeh
(photo: Public Domain)
Cathay Pacific returns to profit
Gulf News
| Hong Kong: Cathay Pacific Airways, Hong Kong's biggest carrier, posted a second-half profit after paring capacity and selling a stake in a maintenance venture. | The HK$3.9 billion (Dh1.84 billion) profit compared with a loss of HK$7.9 billion a year earlier, based on annual results announced yest...
Traders work on the floor of the New York Stock Exchange, Tuesday, March 31, 2009 in New York. Wall Street is finishing a tumultuous month on a high note as investors load up on technology and financial shares on the last day of the quarter. (AP Photo/Mary Altaffer)
(photo: AP / Mary Altaffer)
Wall Street Shares Try to Push Higher
The New York Times
| Shares on Wall Street edged higher Wednesday after the government said businesses trimmed their inventories again in January. | The Commerce Department said that wholesale inventories fell 0.2 percent in January following a 1 percent drop in December. Sales rose 1.3 percent, however. That was the ...
China Mobile to buy into bank
Gulf News
| Hong Kong: China Mobile agreed to buy 20 per cent of Shanghai Pudong Development Bank Co. for 39.8 billion yuan (Dh21 billion) to expand its electronic-payment business. | The carrier's Guangdong Mobile unit plans to buy 2.21 billion new China-list...
NSE to tie up with S&P 500
The Times Of India
MUMBAI: The world is coming to India's stock markets. On Wednesday, National Stock Exchange (NSE), the country's largest exchange by turnover, announced that it would soon approach the regulators for permission to launch futures contracts on S&P 500 ...
Cathay Pacific returns to profit
Gulf News
| Hong Kong: Cathay Pacific Airways, Hong Kong's biggest carrier, posted a second-half profit after paring capacity and selling a stake in a maintenance venture. | The HK$3.9 billion (Dh1.84 billion) profit compared with a loss of HK$7.9 billion a ye...
Wall Street Shares Try to Push Higher
The New York Times
| Shares on Wall Street edged higher Wednesday after the government said businesses trimmed their inventories again in January. | The Commerce Department said that wholesale inventories fell 0.2 percent in January following a 1 percent drop in Decemb...
A look at global economic developments
The Boston Globe
| A look at economic developments and activity in major stock markets around the world Wednesday: | ------ | BEIJING -- China's exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese cu...
A trader works on the floor of the New York Stock Exchange, Feb. 23, 2009. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its lowest close since Oct. 28, 1997, while the Standard & Poor's 500 index logged its lowest finish since April 11, 1
AP / Richard Drew
Wall Street Shares Move Within a Narrow Range
The New York Times
| Shares traded within a tight range Tuesday, a year after major market indexes hit 12-year lows. | With little in the way of economic reports or earnings to help drive shares high...
An investor studies the latest shares prices through an electronic board at a stock market gallery in Kuala Lumpur, Malaysia, Friday, July 22, 2005.
AP / Andy Wong
Asian stocks mixed after lackluster US finish
The Boston Globe
| HONG KONG-Asian stocks were mixed Tuesday, taking a breather after sharp gains the day before as investors awaited more clues about the health of the world economy. | A number of...
Indian stockbrokers trade on their terminals after the Sensex crossed 11, 000 mark during day trading in Bombay, India, Tuesday, March 21, 2006. Indian shares ended lower Tuesday at 10,905 points, slipping after a day of volatile trading in which the benchmark index crossed a record 11,000 points
AP / Aijaz Rahi
Sensex falls over 41 points on profit taking
The Siasat Daily
| Mumbai, March 09: The Bombay Stock Exchange benchmark Sensex shed over 41 points in the opening trade today,snapping the two-session winning streak as investors sold stocks to bo...
World stock markets flat but British pound takes another hit after poor industrial data
Star Tribune
| LONDON - World stock markets rose modestly Wednesday, though trading was listless as investors looked for direction, while the British pound continued to founder following weak industrial output figures. | In Europe, the FTSE 100 index of leading B...
Sensex closes flat
The Siasat Daily
| Mumbai, March 10: A benchmark index for Indian equities shut shop on a flat note Wednesday, giving up its intra-day gains. | The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,072.94 points, was ruling at 1...
Stock Market
Traders work on the floor of the New York Stock Exchange in New York, Wednesday, April 8, 2009.
(photo: AP / Seth Wenig)
US STOCKS SNAPSHOT-Dow turns lower; S&P, Nasdaq pare gains
The Guardian
NEW YORK, March 10 (Reuters) - The Dow slipped into negative territory at midday on Wednesday, while the Nasdaq and S&P 500 pared gains as a rise in financial shares was offset by declines in energy shares. The Dow Jones industrial average was down 15.87 points, or 0.15 percent, at 10,548.51. The Standard & Poor's 500 Index was up 1.73 points, or 0...
Derivatives
File:Woodbury house 01.jpg
(photo: Public Domain / Jrcla2)
Soaring China home prices thwart ordinary buyers
The Press Democrat
| Yang and many other young Chinese are finding their aspirations thwarted by an overheated property market that is enriching already wealthy speculators, local officials and other Communist Party allies. | It's a hard reality for a generation that views home ownership as a given after reforms more than a decade ago created a housing market open to...



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