- Hiruki Nakamura
- 01 Dec, 2014
- New York City
Indexes in Japan extended gains and the Topix index increased to a new six-year high and airlines surged after oil price dropped to a new four-year low. Moody
- Marcus Jacob
- 01 Dec, 2014
- New York City
Australian indexes plunged 1.9% and the Aussie dollar eased after crude oil prices dropped sharply following 7% plunge in New York. Resource stocks also dropped after gold dropped 3% and crude oil futures tumbled nearly 10%. Metcash plunged 16% and the wholesaler reaffirmed its restructuring plan.
- Nigel Thomas
- 01 Dec, 2014
- New York City
Altice agreed to acquire Portugal Telecom SGPS S.A. from Brazilian wireless carrier Oi S.A. for
- Mukesh Buch
- 01 Dec, 2014
- New York City
Ashok Leyland sales in November soared 44%. Eicher sales surged 52%. M&M total tractor sales fell 34%. Maruti sales rose 20%. Steel Strips sales jumped 21%. TVS sales jumped 36%.
- Mukesh Buch
- 28 Nov, 2014
- New York City
American Airlines, Delta Air Lines and JetBlue surged while energy stocks plunged after oil price declined to a four-year low below $70 a barrel. Medtronic received clearance from U.S. Federal Trade Commission to acquire Covidien for $42.9 billion.
- Nichole Harper
- 28 Nov, 2014
- New York City
Trading in oil dominated and the sharp fall in oil price hovered stock and currency trading in New York, Europe and Asia. Crude oil plunged as much as 7% after OPEC left its production level at 30 million barrels a day and the oil price fell to a four-year low.
- Hiruki Nakamura
- 28 Nov, 2014
- New York City
Stocks in Tokyo gained and the yen eased after retail sales rose 1.4% and industrial production unexpectedly gained in Japan. Airlines in Tokyo gained after crude oil prices trade near $70 a barrel. The yen weakened for the first time in four days. Toyota global vehicle production in October fell.
- Nigel Thomas
- 28 Nov, 2014
- New York City
Axa agreed to acquire Assur Africa for
- Marcus Jacob
- 28 Nov, 2014
- New York City
Australian market indexes opened lower and the crude oil prices plunged below $70 a barrel after the OPEC member nations left the oil production level unchanged. Qantas Airways surged and the airline announced investment in Jetstar Japan.
- Mukesh Buch
- 28 Nov, 2014
- New York City
Alstom won a contract from Ceylon Electricity Board, Sri Lanka. ITC plans to invest about Rs 9,000 crore to expand its hotel chain. Taneja Aerospace signed a contract with Indian Air Force to upgrade MIG 29 aircrafts.
- Hiruki Nakamura
- 27 Nov, 2014
- New York City
Market indexes in Tokyo closed lower and the yen struggled to hold firm after two weeks of weakness. Resource and oil exploration companies were in focus after the OPEC members disagreed to cut oil production. Yakult Honsha dropped 6% after the France-based Danone plans to sell its 20% stake.
- Marcus Jacob
- 27 Nov, 2014
- New York City
Australian market indexes wiped out most of the gains in the session and the Aussie dollar retained its downward bias. Price of crude oil and iron ore edged lower. Lend Lease agreed with the Sydney development authority to develop two sites at a cost of $1.9 billion.
- Mukesh Buch
- 27 Nov, 2014
- New York City
Bank of Baroda plans to raise about Rs 1,500 crore through a convertible bond offering. CG
- Nigel Thomas
- 27 Nov, 2014
- New York City
Infineon net soared 27% to
- Nichole Harper
- 26 Nov, 2014
- New York City
In stock trading, market averages lacked direction ahead of OPEC meeting tomorrow. Dollar fell, stocks generally rose and crude oil futures traded at a four-year low. U.S. jobless claims unexpectedly rose and capital goods orders fell. New home sales rose in October.