Gulf Arab stocks still appealing after rally: Nomura
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Gulf Arab stock markets will continue to attract foreign investors seeking to tap a regional economic boom even after a rally in the fourth quarter left "few bargains" on regional bourses, Nomura said on Sunday.
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High oil prices pose a risk to the  global economy, but the economic outlook for 2005 is still  favorable, the Group of Seven nations said in a statement  following their meeting on Friday.
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The Nikkei stock average rose 1.02  percent by midsession on Monday as investors were encouraged to  seek bargains by a recovery in U.S. stocks after crude oil  prices retreated from record highs.
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Japan's economic recovery remains on track despite figures Friday that showed a jump in the nation's jobless rate and a continued decline in consumer prices, the economy minister said.
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Asian stocks rose moderately on  Tuesday as investors sought to balance relief from lower oil  prices against signs that sustained high energy costs could  start to bite into profits and economic growth.
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RIYADH: Saudi Arabia pledged continued support to the Palestinians during talks yesterday with PLO chairman Mahmud Abbas, who is on the second leg of a Gulf tour that has also taken him to Kuwait.
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The Dow industrials and S&P 500 were little changed on Thursday as cautious investors sought to lock in profits from Wednesday's sharp late-day rally.
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JEDDAH, Saudi Arabia  - The six-nation Gulf Cooperation Council (GCC) sought observer status at meetings of the International Monetary and Financial Committee (IMFC), part of the International Monetary Fund (IMF).
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The Nikkei stock average rose 1.02 percent by midsession on Monday as investors were encouraged to seek bargains by a recovery in US stocks after crude oil prices retreated from record highs.
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Oil prices held steady above &#36;46 and most Asian stock markets edged higher on Monday, but Japanese pharmaceutical shares fell after U.S. drug maker Pfizer reported safety risks for its Celebrex arthritis drug.
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The surge in oil prices over the  summer was not enough to derail the U.S. economy and the  central bank sees no reason to pause in its interest-rate rises  just yet, top Fed officials said on Thursday.
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With its doorstep getting crowded with hopeful suitors, restructuring steel giant Stelco Inc. is keeping its options open despite the appeal of a $900-million financing package from Germany&#39;s Deutsche Bank.
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London - The Japanese investment bank Nomura has been enlisted by Keith Harris, the chairperson of Seymour Pearce brokers, to help block the takeover of Manchester United by US billionaire Malcom Glazer, the Financial Times reported on Friday.
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Japanese investment bank Nomura is in talks to provide financial backing for Keith Harris, a businessman and fan of Manchester United who wants to prevent the football club&#39;s takeover by a US sports tycoon.
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NEW YORKâCrude oil futures finished a tad higher yesterday, as an early rally succumbed to a late wave of profit taking. The early rally was triggered by news of a pipeline explosion in Iraq and fresh concerns
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Ziff Davis - PeopleSoft continues on the upgrade path despite the threat of a takeover by Oracle.
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Asian shares stuck to narrow ranges Friday as record oil prices supported energy stocks and miners rebounded on steadier metals markets, countering worries about technology earnings and falls in Japanese automakers.