Top News Euro rebounds as Draghi quashes easing expectations NEW YORK: The euro rallied on Thursday, on track for its largest one-day gain in two months against the dollar, as Eur Published 07 Mar, 2013 10:07pm
Top News US natgas futures end up, front hits 6-wk high on EIA data NEW YORK: US natural gas futures ended up sharply on Thursday, with the front-month contract posting a six-week high e Published 07 Mar, 2013 10:07pm
Top News US jobless claims drop, signaling labor market gains WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggestin Published 07 Mar, 2013 10:00pm
Top News US Fed buys $18.9bn of mortgage bonds, sells $600mn NEW YORK: The Federal Reserve bought $18.9 billion of agency mortgage-backed securities from Feb. 28 through March 6, Published 07 Mar, 2013 09:57pm
Markets US crude gains on unemployment claims surprise NEW YORK: US crude rose on Thursday by about a dollar a barrel on jobless claims falling unexpectedly in the United St Published 07 Mar, 2013 09:57pm
Markets Soymeal up on tight old crop supply worries ROTTERDAM: Asking prices for Soymeal on the European meals and feeds market were mostly firmer on Thursday in slow tra Published 07 Mar, 2013 09:57pm
Markets Soy, wheat rise on exports, positioning before US report CHICAGO: US soybean futures jumped on Thursday on better-than-expected weekly exports and expectations the government Published 07 Mar, 2013 09:57pm
Markets Shares gain on US jobs data, euro up after ECB NEW YORK: Global equity markets rose on Thursday after an encouraging US weekly labor market report indicated a steadi Published 07 Mar, 2013 09:55pm
Top News Prices fall as jobless data stirs optimism on economy NEW YORK: US Treasuries prices fell for a fourth consecutive session on Thursday as a surprise drop in jobless claims Published 07 Mar, 2013 09:48pm
Top News Prices fall as jobless data stirs optimism on economy NEW YORK: US Treasuries prices fell for a fourth consecutive session on Thursday as a surprise drop in jobless claims Published 07 Mar, 2013 09:48pm
Markets Palm oil up on hopes for positive key data ROTTERDAM: Palm oil on the European vegetable oils market was offered mostly firmer on Thursday in sympathy with Malay Published 07 Mar, 2013 09:48pm
Top News North Korea threatens nuclear strike, UN expands sanctions SEOUL/UNITED NATIONS: North Korea threatened the United States on Thursday with a preemptive nuclear strike, raising t Published 07 Mar, 2013 09:47pm
Markets Gold drops as stimulus hopes fade, payrolls eyed NEW YORK: Gold fell on Thursday after the European Central Bank and the Bank of England did not hint at more economic Published 07 Mar, 2013 09:46pm
Top News John Brennan confirmed as CIA director WASHINGTON: The US Senate on Thursday confirmed counterterrorism expert John Brennan to be the next CIA director, fill Published 07 Mar, 2013 09:45pm
Markets ICE sugar up 3.1pc as shorts cover, robusta at 5-mth high NEW YORK/LONDON: Raw sugar futures on ICE surged more than 3 percent on Thursday as active short-covering pushed the m Published 07 Mar, 2013 09:45pm
Top News Facebook unveils 'mobile first,' picture-friendly newsfeed MENLO PARK: Facebook Inc introduced a visually richer, mobile device-oriented "newsfeed" on Thursday, in the most sign Published 07 Mar, 2013 09:39pm
Markets Dow hits 3rd intraday high, investors look to payrolls NEW YORK: US stocks rose modestly on Thursday, with the Dow hitting its third straight intraday record as jobless clai Published 07 Mar, 2013 09:39pm
World Canada's Arctic glaciers headed for unstoppable thaw: study OSLO: Canadian glaciers that are the world's third biggest store of ice after Antarctica and Greenland seem headed for Published 07 Mar, 2013 09:37pm
Markets Broad gains as dollar tumbles; natgas, sugar spike NEW YORK: Commodities rose broadly on Thursday, with metals and agricultural markets mostly posting strong gains after Published 07 Mar, 2013 09:37pm
Markets Australia dollar tops 4-yr high on yen, retreats vs euro WELLINGTON/SYDNEY: The Australian dollar lost ground to the euro on Friday as central banks in the euro zone and Brita Published 07 Mar, 2013 09:36pm