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Boeing delivers C-17 to RAF
SINGAPORE, Dec. 19 (UPI) -- Asian stock markets spent the week consolidating after an initial boost from the capture of ousted Iraqi dictator Saddam Hussein.
The initial excitement over the capture fizzled rapidly, and the discovery of a new SARS patient in Taiwan sent chills among Asian investors, who still remember well the impact of the virus the first time around.
By the end of the week, markets in the region were on the rebound, propelled mainly by the strong performance of Wall Street on the back of better-than-expected U.S. economic data as well as broker upgrades on stocks.
The Nikkei 225 average closed Friday higher at 10,284.54, while the KOSPI and the Heng Seng were also in positive territory.
The Thai stock market continued to outperform the region, rising more than 5 percent on the week.
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PERTH, Australia, May 22 (UPI) --
Australia has scrapped the planned $8.8 billion expansion of the Abbot Point coal terminal in Queensland.
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WASHINGTON, May 22 (UPI) --
A U.S. Senate committee report has revived controversy over alleged counterfeit Chinese electronic components entering U.S.-made defense equipment and weapons.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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