IKEA ready to wait years for right Indian store location AFP News - Thu, May 16, 2013The India chief of Swedish giant Ikea said in a newspaper interview published Thursday that the chain is willing to wait years to find the right location to open More »
Hedge funds shop at Supervalu, sour on Apple Reuters - Thu, May 16, 2013By Sam Forgione and Aaron Pressman NEW YORK (Reuters) - Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while More »
JANA Partners reveals stakes in Zynga, Groupon Reuters - Thu, May 16, 2013By Alistair Barr and Svea Herbst-Bayliss BOSTON (Reuters) - JANA Partners, a leading activist hedge fund firm run by Barry Rosenstein, has taken a liking to two of More »
Hedge fund billionaire Loeb says Sony reminds him of Yahoo Reuters - Wed, May 15, 2013By Chikafumi Hodo and Tim Kelly TOKYO (Reuters) - Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy More »
Asia shares gain, Tokyo jumps as yen tumbles AFP News - Wed, May 15, 2013Asian shares were mostly higher Wednesday, with the tumbling yen pushing Japanese stocks to a fresh multi-year high as improving confidence in the US economy More »
S. Korea proposes talks with North on industrial park AFP News - Wed, May 15, 2013South Korea formally offered dialogue to North Korea on Tuesday, after President Park Geun-Hye said she wanted talks on removing goods from a joint industrial More »
Asia shares mixed after US data, dollar stumbles AFP News - Wed, May 15, 2013Asian shares were mixed Tuesday, with the dollar's rally against the yen stumbling despite better than expected US retail figures that highlighted a steady recovery More »
Gold’s Recent Flash Crash: When Will It Recover? MoneySmart - Wed, May 15, 2013They should invent a new financial term for gold’s recent bust. “ Flash crash ” doesn’t cut it. Something like “ Two bricks slamming your nuts in ” would be more More »
Karachi stocks hit all-time high on Sharif win AFP News - Mon, May 13, 2013Karachi stocks hit an all-time high Monday following Nawaz Sharif's strong victory in landmark elections, which raised hopes the steel tycoon's pro-business agenda More »
Tests on Syrians show traces of chemical weapons - Turkish FM Reuters - Sat, May 11, 2013AMMAN (Reuters) - Tests on Syrian war casualties arriving in Turkey indicate chemical weapons have been used by Syrian forces, and further tests are being carried More »
Asian markets up, Tokyo soars on weak yen AFP News - Fri, May 10, 2013Asian markets were mostly up on Friday with Japanese stocks jumping to their highest level in more than five years after the dollar surged above the 100 yen mark More »
Panasonic sees profit rising 55 percent in shift from consumer gadgets Reuters - Fri, May 10, 2013TOKYO (Reuters) - Panasonic Corp forecast its operating profit will rise 55 percent in the year to March 31 as it steps back from struggling operations in TVs and More »
Dollar above 100 yen for first time in four years AFP News - Fri, May 10, 2013The US dollar topped 100 yen for the first time in more than four years on Thursday as Tokyo's aggressive stimulus efforts to reflate the Japanese economy continue More »
Barnes & Noble shares soar on Microsoft report Reuters - Fri, May 10, 2013By Phil Wahba and Ben Berkowitz (Reuters) - Shares in Barnes & Noble Inc soared 22 percent on Thursday after a report that Microsoft Corp is considering an offer to More »
Asian markets down, Seoul bucks trend on rate cut AFP News - Thu, May 9, 2013Asian stocks were mostly lower on Thursday as dealers took profits after recent impressive gains, but higher than expected inflation figures out of China had little More »
Why So Many Singaporeans Are Ditching Their Fund Managers MoneySmart - Thu, May 9, 2013There was a time when the term “fund manager” made bankers tremble, and request a quick change of pants. From the 70′s to the 90′s these were the GODS of the More »
Russian media magnate Lebedev goes on trial Reuters - Tue, May 7, 2013By Timothy Heritage and Maria Tsvetkova MOSCOW (Reuters) - Russian media magnate Alexander Lebedev said as he went on trial on Tuesday that he expected to be jailed More »
Acidification: the latest unknown for stressed Arctic ecosystem Reuters - Tue, May 7, 2013By Environment Correspondent Alister Doyle OSLO (Reuters) - The Arctic ecosystem, already under pressure from record ice melts, faces another potential threat in More »
Asian shares rise after ECB rate cut AFP News - Fri, May 3, 2013Asian markets mostly rose on Friday, aided by a European Central Bank interest rate cut aimed at stimulating growth in the sluggish eurozone and a positive US More »
Wind farms to lure back German lobsters decimated by WW2 Reuters - Fri, May 3, 2013By Madeline Chambers BERLIN (Reuters) - New wind farms off Germany's North Sea coast will provide an ideal habitat that could help restore the lobster population More »