| Sensex drops 239 points on profit-booking by funds | | MUMBAI — Ending a four-day upsurge, the BSE benchmark Sensex on Wednesday fell 239 points on profit-booking by funds in heavy-weights led by auto and telecom sectors amid concern over lower fourth quarter earnings and a weak global trend. | | Asian markets mixed, strong yen hits Nikkei | | HONG KONG — Asian markets were mixed on Tuesday in the first full session after the Easter break, while Japanese shares sank for a second straight day as the yen extended its recent gains. | | Exxon plans largest floating LNG project | | SYDNEY — Exxon Mobil Corp plans to develop the world’s biggest floating liquefied natural gas project off the coast of Western Australia as costs to build onshore plants in the country surge. | | Gold swings as investors weigh demand | | Gold swung between gains and losses in London as investors weighed slowing physical demand against concern that Europe’s debt crisis may worsen. Silver was little changed after nearing a bear market yesterday. | | European shares edge higher as factory data holds up | | LONDON - European shares extended gains on Tuesday when new data showed the region’s factory activity no worse than originally estimated in March, while the euro slipped as investors worried about the impact of the Cyprus bailout. | | Hong Kong shares start April on weak note | | HONG KONG - Hong Kong shares eked out slim gains on Tuesday as markets reopened after the Easter holiday with strength in index heavyweight, HSBC Holdings, outweighing weakness in the Chinese banking sector. | | Asian markets mixed, strong yen hits Nikkei | | Asian markets were mixed on Tuesday in the first full session after the Easter break, while Japanese shares sank for a second straight day as the yen extended its recent gains. | |
