English news - Business 1788

2007-10-30 07:55:00

MOSCOW, October 30 (RIA Novosti) - Credit institutions\' balances on correspondent accounts with the Russian Central Bank totaled 378.7 billion rubles ($15.3 billion at the current exchange rates) at the beginning of the business day, down 17.5% from Mo

2007-10-30 07:48:00

HONG KONG (Reuters) - Insurer Prudential said on Tuesday it had entered the Hong Kong retail fund market with the launch of four products, as it looks to increase the percentage of assets it sources from Asia's retail investors. Prudential Asset Managemen

2007-10-30 07:47:45

MOSCOW, October 30 (RIA Novosti) - Russia's investment index will open Tuesday at 904.83 points, up 1.23% following Monday evening's sessions on major world trading floors. The Russian Industrial Leaders Index (RUXX) is a composite economic index of 30

2007-10-30 07:35:21

A number of factors have lifted oil prices over $93 a barrel Oil prices have fallen back from record highs, as Mexico is due to resume full output and investors expect forthcoming data to show a rise in US stockpiles. In early Tuesday trading in East Asi

2007-10-30 07:35:00

HONG KONG (Reuters) - Asian stocks and oil prices retreated from their peaks on Tuesday and the dollar halted its slide as investors held their fire ahead of a U.S. Federal Reserve policy meeting, where an interest rate cut is widely expected. European st

2007-10-30 07:10:00

The price of oil is unlikely to stay at its current record levels, the head of Shell has said. Shell UK chairman James Smith told Sky News' Jeff Randall Live that the rise was the result of speculation and international tensions.Oil is now priced at a rec

2007-10-30 04:03:00

HONG KONG (Reuters) - Insurer Prudential said on Tuesday it had entered the Hong Kong retail fund market with the launch of four products, as it looks to increase the percentage of assets it sources from Asia's retail investors. Prudential Asset Managemen

2007-10-30 04:00:00

SINGAPORE (Reuters) - Gold was weaker on Tuesday after rallying to its loftiest level in 28 years the previous day, on record-high oil and a tumbling dollar, while silver extended gains to an 8-month high on fund buying. -- Spot gold fell to $785.20/7

2007-10-30 03:53:18

Shoplifters steal on average ?156 worth of goods at a time The value of goods stolen from shops has hit a 10-year high, a survey of high street retailers has shown. A British Retail Consortium report says goods worth ?205m were taken last year in cases w

2007-10-30 03:48:00

SINGAPORE (Reuters) - Oil prices fell nearly 1 percent to below $93 a barrel on Tuesday, fading from their latest record high as investors took profits from a rally fuelled by a Mexican supply outage and the spiralling dollar. U.S. crude fell by 85 ce