U.S. Stocks Retreat as Earnings Results Offset ECB Stimulus Plan

U.S. stocks fell, trimming the first weekly gain of 2015, as weaker-than-forecast results at companies from United Parcel Service Inc. to Kimberly-Clark Corp. offset confidence that central banks will support global growth. UPS slumped 9.9 percent as it said preliminary 2014 earnings were lower than previously forecast. Bank of New York Mellon Corp. and State Street Corp. led financial shares lower after both said the falling euro hurt...

Japan Stocks Fall After Weekly Gain as Yen Climbs on Greek Vote

Japanese stocks fell, after the Topix index posted its first weekly advance in 2015, as the yen gained amid official projections showing Greece™s anti-austerity Syriza party may get close to winning a majority. The Topix slid 1 percent to 1,388.85 as of 9:00 a.m. in Tokyo after increasing 2.9 percent last week. All 33 industry groups retreated. The Nikkei 225 Stock Average declined 1.2 percent to 17,300.64. The yen added 0.3 percent...

Saham Asia Jatuh Terkait Penguatan Yen Vs Euro Serta Pemilu Yunani

Saham Asia jatuh karena yen menguat ke level tertinggi sejak September 2013 terhadap euro terkait proyeksi partai politik yang berkomitmen untuk renegosiasi utang Yunani yang akan memenangkan cukup suara untuk mendekati suara mayoritas. Indeks MSCI Asia Pacific turun 0,4% menjadi 140,59 pada 09:01 pagi di Tokyo, setelah naik ke level tertinggi dua bulan pada hari Jumat pekan lalu. Pemimpin partai Syriza Alexis Tsipras mengatakan era...

Euro Falls to 11-Year Low as Syriza Wins Greek Poll

The euro weakened to an 11-year low against the dollar after Syriza, the party committed to renegotiating Greece™s debt obligations, won a general election. The 19-nation currency fell for a third day versus the greenback, after tumbling last week on the European Central Bank™s plan to pump 1.1 trillion euros ($1.23 trillion) into the economy to stoke inflation. The yen strengthened versus 13 of its 16 major counterparts amid demand...

Oil Slides to Near 6-Year Low as U.S. Supply Seen Worsening Glut

Oil declined to the lowest level in almost six years as data showed U.S. crude inventories in December surged to the highest level for the month since 1930, adding to signs a global supply glut may persist. Futures slid as much as 2.7 percent in New York and 1.9 percent in London. Crude stockpiles in the U.S., the world™s biggest oil consumer, rose 7.4 percent from last year to end December at 383.5 million barrels, the American Petroleum...