European stock markets were higher in midday trading Monday. London’s Financial Times 100 index was up two-tenths of a percent , to 5,332. The CAC-40 in Paris rose slightly , to 3,216. And the DAX in Frankfurt climbed six-tenths of a percent , at 6,034. The S&P futures contract was up five points, indicating a […]
Tokyo Stocks, Dollar Up
Posted August 15th, 2011 at 5:10 am (UTC-5)
Japanese share prices ended higher Monday, while the dollar rose against the yen. Tokyo’s Nikkei index rose 1.37 percent , to close at 9,086. In currency trading, the dollar was selling at 76.84 yen, up one-tenth of a yen from late Friday. Gold was selling at $1,741.41 an ounce.
Tokyo Markets, Dollar Higher
Posted August 15th, 2011 at 2:15 am (UTC-5)
Japanese share prices ended higher Monday, while the dollar rose against the yen. Tokyo’s Nikkei index rose 1.37 percent , to close at 9,086. In currency trading, the dollar was selling at 76.90 yen, up two-tenths of a yen from late Friday. The Taipei market jumped 2.39 percent , to close at 7,819.
Berlusconi: Italy’s Austerity Plan Gains Approval
Posted August 13th, 2011 at 3:25 pm (UTC-5)
Italy’s prime minister says his government’s latest plan to slash spending and raise taxes is winning approval from other top European officials. Silvio Berlusconi told Italian news agencies Saturday he has spoken with German Chancellor Angela Merkel and European Central Bank President Jean-Claude Trichet, and that both said they appreciated the Italian plan. Mr. Berlusconi’s […]
Italy Approves Cuts to Balance Budget by 2013
Posted August 13th, 2011 at 12:05 am (UTC-5)
Italy’s government has approved sharp budget cuts demanded by the European Central Bank despite regional opposition to the move. Italian officials said Friday the austerity measures include $28 billion in cuts next year and $35 billion in 2013. Regional leaders say the plan will hurt the poor. The package aims to balance Italy’s budget by […]
European Stocks Soar Friday, with US Markets Also Advancing
Posted August 12th, 2011 at 4:45 pm (UTC-5)
Italy’s government, in an effort to balance its budget in two years, has approved sharp budget cuts demanded by the European Central Bank, despite strong opposition from regional leaders who say the measures will hurt the poor. Participants at the cabinet Friday said the austerity measures will call for about $28 billion in cuts next […]
US Stocks Close Higher
Posted August 12th, 2011 at 4:30 pm (UTC-5)
U.S. stocks were higher at the closing Friday, following gains in Europe. The Dow Jones Industrial Average advanced 1 percent to close at 11,269. The S&P 500 rose half a percent to 1,179, and the Nasdaq Composite Index climbed six-tenths of 1 percent to 2,508. In London, the Financial Times 100 index ended up 3 […]
US Stocks Advance in Midday Trading Friday
Posted August 12th, 2011 at 1:15 pm (UTC-5)
U.S. stock indexes advanced in midday trading Friday, following major gains on European markets. The Dow Jones Industrial Average is ahead 1.2 percent, with the S & P 500 index up seven-tenths of a percent and the NASDAQ by six-tenths of one percent. In London, the Financial Times 100 index ended up 3 percent to […]
European Stocks Soar Friday, with US Markets Also Advancing
Posted August 12th, 2011 at 12:55 pm (UTC-5)
European stock indexes soared on Friday for the second straight day, with U.S. markets also advancing, but not by as much at the end of a volatile week at exchanges throughout the world. Share prices at exchanges in Britain, France and Germany all closed up by more than 3 percent, regaining most of this week’s […]
US Stocks Advance in Early Trading Friday
Posted August 12th, 2011 at 10:00 am (UTC-5)
U.S. stocks advanced in early trading Friday — and European markets soared — at the end of a volatile week at exchanges throughout the world. Asian markets ended mixed. But share prices in Britain, France and Germany all jumped near the end of trading for the week. Earlier, France, Italy, Spain and Belgium each banned […]
