|Risk appetite improved in asian session following the lead in US markets. Asia regional indices were mixed, suggesting that the current move might be more bargain hunting rather then a sustained shift in sentiment. Greece’s local media has reported that the prime minister has not ruled out the need for new financial aid. EURUSD pushed through 1.3360 while USJDPY closed below its 21 da ma as…|
Archive for March, 2012
Japanese electronics giant Toshiba Corp. (TOSBF.PK) has decided to join the bidding for bankrupt chipmaker Elpida Memory Inc. (ELPDF.PK), the Nikkei business daily reported Thursday.
Italian telecom company Telecom Italia Group (TI, TIAOF.PK) on Thursday reported a loss for fiscal 2011, reflecting a goodwill writedown of 7.3 billion euros, or $9.75 billion, at its struggling domestic operations.