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August 11, 2008

Japan’s Stocks Rise on Oil, Weaker Yen; Sumitomo Rubber Gains

Aug. 11 (Bloomberg) — Japan’s stocks rose, sending the benchmark index to the highest in almost three weeks, after crude oil traded near a 14-week low and a drop in the yen boosted the earnings outlook for manufacturers.
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Vietnam Widens Daily Stock Trading Band To 5% From 3% Monday

HANOI -(Dow Jones)- Vietnam's State Securities Commission has decided to widen the daily trading band for share prices on the Ho Chi Minh bourse to plus or minus 5% from 3% effective Monday, in an effort to boost liquidity in the stock market, a SSC official said Thursday.

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Wall Street higher on weaker crude

US stocks rose strongly in early trading on Thursday as oil prices hit their lowest level this year and the market welcomed a batch of strong earnings reports.

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