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ADX trading day extended (AME Info)
The Abu Dhabi Securities Exchange has extended its trading day to 14.40 after a connection fault delayed the start of trading. Market activities had to be suspended temporarily after 35 brokers were unable to access the system due to a fault.
Read more...Oil Falls First Time in 4 Days on Outlook for Economy, Supplies (Bloomberg)
Jan. 6 (Bloomberg) -- Oil dropped for the first time in four days in New York on forecasts the economy will worsen, curtailing demand in the world’s biggest energy-consuming country.
Read more...JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む (Japan Today)
Tokyo stocks extended gains to a six-day winning streak on Tuesday in the first full trading day of 2009 as optimism about the impact of a large-scale U.S. economic stimulus plan to bolster the battered U.S. economy lifted investor sentiment, but gains were modest due to selling for quick profits.
Read more...Asia stocks edge up for 7th day (Reuters via Yahoo! News)
Asian stocks inched higher for a seventh day on Tuesday on hopes for a global economic recovery later in 2009, but the yen's gains against high-yielding currencies suggested scope for optimism was limited.
Read more...U.S. stocks slip on corporate earnings (People's Daily)
U.S. stocks ended lower on Monday as concerns about a decline in corporate profits overshadowed the prospect that President-elect Barack Obama's tax cut plan will help avert the economic downturn. Dow Jones ended below 9,000 points on the first real trading day of 2009 considered by traders. Wireless telecom and financials are Monday's losers. AT&T Inc. and Verizon Communications Inc. registered ...
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