ANZ Profit Rises as Asia Offsets Domestic Pressures
Australia & New Zealand Banking Group Ltd. (ANZ.AU) said profit grew in the first nine months of its fiscal year, as the lender's exposure to fast-growing Asian economies helped offset challenges in its home market.
Chevron Appeals Ban on Brazil Operations
U.S. oil major Chevron Corp (CVX) said late Thursday it has appealed a court injunction barring the company from operating in Brazil.
Hong Kong Stocks Rise; Chalco, China Mobile Drop
Hong Kong shares opened higher Friday in the wake of a strong lead from Wall Street, with the consumer, insurance and energy sectors rising to help offset stock losses related to weak earnings from Aluminum Corp. of China Ltd. and heavyweight China Mobile Ltd. The Hang Seng Index climbed 0.7% to
Colombia Railway Strike Ends; Coal Exports Set to Resume
A 25-day strike by workers on a Colombian railway that hauls more than half of the country's coal exports ended Thursday, the labor union confirmed, which will allow for coal exports to resume within a day or two.
Australia Stocks Inch Up, With Earnings In Focus
Australian stocks inched higher Friday morning, lagging slightly stronger gains in other major Asia markets, as earnings took center stage in Sydney.
Japan Stocks Rise After U.S. Gains, Drop In Yen
Japanese stocks added to recent gains Friday morning, as a strong U.S. lead and a weaker Japanese yen helped push the market higher.
Chalco Swings to 1st Half Loss on Lower Aluminum Price
Aluminum Corp. of China Ltd. (ACH), also known as Chalco, said Friday it swung to a loss in the first half of the year, reflecting lower aluminum and alumina prices amid a slowing domestic economy and higher expenses.
Santos Net Falls as Natural Gas Asset Disposals Slow
Australian oil and gas producer Santos Ltd. (STO.AU) said Friday its profit for the first half fell 48% after it benefited from asset sales in the previous corresponding period.
New Details on Apple's TV Vision
Apple Inc.'s (AAPL) vision for a new television set-top box includes features designed to simplify accessing and viewing programming and erase the distinction between live and on-demand content, people briefed on Apple's plans said.