Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company’s announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% a…

Vizio Widens Lead in U.S. LCD Television Sales

Vizio widened its lead in the U.S. liquid-crystal-display television market in the fourth quarter, according to a new report from research firm iSuppli. Samsung and Sony lost market share from a year ago, although Sony gained g…

Higher Oil Prices Send Asian Shares Up

Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong’s Hang Seng Index climbed 1….

Asian Markets Jittery as China’s CPI Rises Again

China’s National Bureau of Statistics reported that the country’s consumer price index rose 4.9% in January. Hong Kong’s Hang Seng Index fell 1% and in China the Shanghai Composite Index remained virtually unchanged. Japan’s Ni…