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PetroChina (NYSE:PTR) is China’s largest energy company, and it’s getting bigger. The company reported quarterly earnings of $5.83 billion this morning, up 30% from the same period a year ago....
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Markets in Asia were slightly higher. The Nikkei was up .2% to 12,225. Nomura rose more than 5%. Mitsubishi UFJ Financial Group was up over 4% after buying a stake in Morgan Stanley (MS). The Hang...
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Markets in Asia were down. The Nikkei was closed for a holiday. The Hang Seng fell 3% to 19,038. Sinopec (SNP) was down 4% and Petrochina (PTR) was off over 2%. The Shanghai Composite fell 1.5% to...
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Markets in Asia were sharply lower. The Nikkei fell 1.8% to 12,834. The Hang Seng fell 1.7% to 20.906. China Mobile (CHL) fell 1% to 89.60. China Petroleum (SNP) rose 1.3% to 7.69. The Shanghai...
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It is hard to make money when your own government has policies that prevent it. PetroChina (PTR) followed China Petroleum (SNP) to the earnings wood shed. According to the AP, PTR is expected to...
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According to Reuters, US car sales are likely to have another large drop in August. Reuters reports that Bernanke would like to see broader regulation of the financial markets. Reuters reports that...
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China’s oil and gas price policy may be good for drivers of cars and trucks in this huge communist country, but it is really bad for profits of the nation’s oil companies. China Petroleum &...
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Markets in Asia were mostly down. The Nikkei fell .7% to 12,752. Canon fell 2% to 5260. Casio fell 3.7% to 1220. The Hang Seng dropped 2.2% to 20,480. China Life (LFC) rose 4.3% to 27.70. China...
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Markets is Asia were narrowly mixed. The Nikkei fell 1% to 13,304. Dentsu rose 3.4% to 2200500. Honda (HMC) rose 2.8% to 4740. The Hang Seng rose .2% to 21,929. China Mobile (CHL) fell 3.7% to 95.30....
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Markets in Asia were mostly higher, but Shanghai fell 5.1%. The Nikkei rose 2% to 13,431. Fuji Heavy Industries was up 6.9% to 278. Nissan rose 4.3% to 879. The Shanghai Composite moved up .7% to...
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Markets in Asia were narrowly mixed. The Nikkei fell 1% to 13,125. KDDI fell 2.8% to 651000. NEC was off 3.5% to 493. The Hang Seng moved up .7% to 22,107. China Petroleum (SNP) rose 2.2% to 8.25....
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Markets in Asia were sharply lower. The Nikkei fell 1.2% to 12,933. Honda (HMC) fell 5.8% to KDDI rose 4.6% to 657000. The Hang Seng dropped 1.6% to 22,493. China Life (LFC) rose 1.2% to 29.80....
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Markets in Asia were mostly lower. The Nikkei fell 2.1% to 13,095. Bridgestone fell 3.7% to 1289. Casio fell 3.7% to 1289. The Hang Seng dropped 1.5% to 22,398. China Mobile (CHL) was down 1.5% to...
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Markets in Asia were mixed. The Nikkei was up .1% to 13,377. NEC was up 2.4% to 593. NTT (NTT) was up 4% to 553000. The Hang Seng was up .3% to 22,764. China Netcom (CN) was up 1.9.% to 24.00. China...
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Most markets in Asia were up slightly. The Nikkei rose .1% to 13,354. Honda (HMC) fell 2.9% to 3650. NTT (NTT) rose 3.1% to 528000. The Hang Seng moved up .1% to 22,752. China Petroleum (SNP) moved...
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