Tech sector woes, Chinese data drag down Wall Street

14:07 | 12/11/2010

US stocks slumped Thursday amid speculation that China will hike interest rates in an effort to curb faster-than-expected inflation and as the tech sector received a pummeling.

Repsol reports lower profit gain in third quarter

19:57 | 11/11/2010

The Spanish-Argentine oil group Repsol reported on Thursday a slowdown in momentum in the third quarter, when net earnings rose ...

Indian drug firm Ranbaxy triples profits

19:57 | 11/11/2010

Top Indian drugmaker Ranbaxy Laboratories reported Thursday third quarter net profits nearly tripled, driven by higher sales and favourable currency ...

Hochtief reports profit rise and European reorganisation

19:57 | 11/11/2010

German construction group Hochtief reported on Thursday a 17-per cent third-quarter net profit gain and a reorganisation in Europe as ...

Crude markets cross 88 dollars in Asia

15:11 | 11/11/2010

Crude markets hurdled 88 dollars in Asia on Thursday after hitting 25-month highs the day before as inventories unexpectedly fell ...

Dollar stays near one-month highs against yen

14:41 | 11/11/2010

The dollar held steady near one-month highs against the yen in Asia on Thursday, with investors looking for fresh trading ...

SingTel second quarter net profit down 6.7 per cent

14:41 | 11/11/2010

Singapore Telecommunications Thursday saw second quarter net profit slide 6.7 per cent from last year, dragged down by losses suffered ...

Siemens profit up 63 per cent for 2010

13:54 | 11/11/2010

The German industrial group Siemens on Thursday reported net profit of 4.368 billion euros ($5.612 billion) for the year to ...

US data lifts Asian shares as traders look to G20

13:52 | 11/11/2010

Asian stocks rose on Thursday as traders welcomed more upbeat US jobs figures, while looking to the G20 summit for ...

cisco outlook disappoints shares plunge Cisco outlook disappoints, shares plunge

13:25 | 11/11/2010

Cisco shares plunged in after-hours trading Wednesday after the US networking giant and tech bellwether issued a disappointing revenue outlook ...

ING announces profit slump, insurance IPOs

12:11 | 11/11/2010

Dutch bank ING reported a 26 per cent drop in quarterly net profit on Wednesday and said it was planning ...

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