Alcoa earnings inch up despite lower aluminum prices
The company said last night that net income for the quarter ending June 30 was $140m, up from $138m the same time last year. Sales for the three month period rose 1% to $5.90 billion. Alcoa cited higher profits from its global rolled products business, which provides sheet and plates for the... read more »
South Korea shares fall on China worries, won steady as Bank of Korea holds...
Seoul shares slipped below the key 2,000-point level on Thursday morning as China’s market turmoil continued drive nervous investors out of riskier assets. Market reaction was largely muted after the Bank of Korea kept its policy interest rate steady at a record low of 1.50 per cent, as... read more »
Honda Jazz 3.0 version out; Features and specifications!
The third generation version of Japanese carmaker Honda’s premium hatchback Jazz made a comeback in the Indian market on Wednesday. With the car’s launch, the company offred a brand new model at an affordable price between Rs 5.3 lakh and Rs 8.59 lakh (ex-showroom Delhi). The car, which... read more »
Rupee down 13 paise against dollar in early trade
The rupee weakened by 13 paise to 63.59 against the US dollar in early trade today, extending losses for the second day, due to appreciation of the American unit against other currencies overseas amid Greece’s crisis. Besides increased demand for the dollar from importers, a lower opening in... read more »
