20 July, 2015 by The TZ Newswire Staff Comments Off on Top aide to China’s ex-president netted in anti-graft purge
Top aide to China’s ex-president netted in anti-graft purge
A top aide to Hu Jintao has been arrested and stripped of his Communist party membership amid Beijing’s anti-corruption purge. The FT reports.
20 July, 2015 by The TZ Newswire Staff Comments Off on Oil falls below $50; Apple earnings ahead
Oil falls below $50; Apple earnings ahead
Squawk Box Live in Europe will update you on the latest rout in commodities with U.S. oil falling below $50 a barrel.
20 July, 2015 by The TZ Newswire Staff Comments Off on Q2 2015 Takeaway: Blackstone Group’s Distribution May Peak In 2015 Or 2016
Q2 2015 Takeaway: Blackstone Group’s Distribution May Peak In 2015 Or 2016
20 July, 2015 by The TZ Newswire Staff Comments Off on Asian shares rise, gold firms after tumble
Asian shares rise, gold firms after tumble
Asian shares gained on Tuesday, taking heart from Nasdaq’s fresh high, while gold prices took back some lost ground after plunging more than 4 percent to five-year lows in the previous session. “European equities are set to drift higher tracking overnight gains in the U.S. and Asia,” Jonathan Sudaria, a dealer at Capital Spreads, said in a note. MSCI’s broadest index of Asia-Pacific shares outside Japan was last up about 0.4 percent, after wavering between positive and negative territory for much of early trading.
20 July, 2015 by The TZ Newswire Staff Comments Off on Asian shares edge higher, gold steadies
Asian shares edge higher, gold steadies
Asian shares edged higher on Tuesday, taking heart from fresh highs on Wall Street, while gold prices took back some lost ground after plunging more than 4 percent to five-year lows in the previous session. MSCI’s broadest index of Asia-Pacific shares outside Japan was last up about 0.2 percent, after wavering between positive and negative territory for much of early trading. Japan’s Nikkei share index (.N225) rose 0.4 percent as markets reopened after a public holiday on Monday, climbing to three-week highs on growing expectations for strong first-quarter earnings.
20 July, 2015 by The TZ Newswire Staff Comments Off on IBM revenue falls for 13th straight quarter; shares dip
IBM revenue falls for 13th straight quarter; shares dip
IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics. The company, which sold its x86 server business to Lenovo Group Ltd last year, has continued realigning its operations by paying contract-chipmaker Globalfoundries Inc to take over its loss-making semiconductor unit this month.
20 July, 2015 by The TZ Newswire Staff Comments Off on IBM revenue falls for 13th straight quarter; shares dip
IBM revenue falls for 13th straight quarter; shares dip
IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics. The company, which sold its x86 server business to Lenovo Group Ltd last year, has continued realigning its operations by paying contract-chipmaker Globalfoundries Inc to take over its loss-making semiconductor unit this month.