Author: InvestAdvocate

Asian stocks up on results of Europe’s bank tests

  Asian stocks rise on better-than-expected results of Europe’s bank ‘stress tests’   Pamela Sampson, Associated Press Writer, On Monday July 26, 2010, 1:12 am EDT BANGKOK (AP) — Asian stock markets posted moderate gains Monday following reassuring news that most European banks passed much-anticipated “stress tests,” suggesting the continent’s […]

Oil rises above $79 as stocks extend rally

  Oil rises above $79 in Asia as strong US corporate earnings boost investor optimism , Associated Press Writer, On Monday July 26, 2010, 1:12 am EDT   SINGAPORE (AP) — Oil prices rose above $79 a barrel Monday in Asia as regional stock markets extended a rally from last […]

AP shareholders’ suit: Dangote challenges contempt order

  July 26, 2010   A business mogul, Alhaji Aliko Dangote, has filed an application before a Federal High Court in Lagos, asking it to stay execution on a bench warrant issued against him for failure to appear before it in contempt proceedings by some aggrieved shareholders of the African […]