- Nichole Harper
- 03 Jun, 2014
- New York City
U.S. stocks opened lower and the European Central Bank is considering additional liquidity measures to arrest the risks of negative price spiral. Asian markets closed higher as U.S. indexes closed up 2% in May, fourth monthly increase in a row. Factory orders rise slows to 0.7% in April.
- Nigel Thomas
- 03 Jun, 2014
- New York City
The euro zone inflation stayed below 1% for the eighth month in a row as the central bank mulls additional conditional liquidity measures for banks. The inflation index fell to 0.5% rate in May from 0.7% in April, the Eurostat said in Luxembourg today.
- Hiruki Nakamura
- 03 Jun, 2014
- New York City
Stocks in Japan extended gains for the ninth day in a row and the yen eased. The government pension fund report notes were seen as a boost to Japanese equities. Market indexes in Asia closed higher.
- Marcus Jacob
- 03 Jun, 2014
- New York City
Australia left its interest rate at record low 2.5% and current account deficit fell after a surge in iron ore and coal exports in the last quarter. RBA also noted high value of Aussie despite the sharp fall in coal and iron ore prices. Retail sales in April declined 0.2%.
- Mukesh Buch
- 03 Jun, 2014
- New York City
Ashok Leyland total sales in May declined 9%. Adhunik Industries net soared 54% on 32% drop in sales. Dr Datsons Labs net loss narrowed. Eicher Motors sales surged 86% and export climbed. Tata Motors total sales plunged 24%.
- Nichole Harper
- 02 Jun, 2014
- New York City
Stocks on Wall Street eased after construction spending rose less than expected and a private survey of U.S. manufacturing showed an unexpected slowdown. Markets in Asia closed higher and European markets focused on latest deals.
- Hiruki Nakamura
- 02 Jun, 2014
- New York City
Stocks in Tokyo advanced after investors looked overseas and the yen eased. Dai-ichi Life Insurance is said to be nearing purchase of the U.S. based Protective Life Corp for at least $4.9 billion.
- Marcus Jacob
- 02 Jun, 2014
- New York City
Australian stocks rebounded and overlooked 4% decline in spot iron ore price. Home prices in capital cities declined 2% in May, the first monthly decline in a year. Ausdrill plunged 11% after the energy industry services provider lowered its annual outlook.
- Mukesh Buch
- 02 Jun, 2014
- New York City
Bajaj Auto sales in May rose 4% and export climbed 40%. Hero Motocorp sales jumped 8%. Maruti sales soared 19% and domestic sales jumped 16% while export surged 51%. M&M sales edged up 1% after domestic sales grew 3% but export declined 30%. TVS sales climbed 27% and export soared 42%.
- Mukesh Buch
- 02 Jun, 2014
- New York City
Cox & Kings net loss narrowed but sales soared 115%. Jyoti Structures plunged after net swung to a loss. NMDC profit climbed 34% after revenue jumped 18%. REI Agro net swung to a loss. Uflex net soared.
- Nichole Harper
- 30 May, 2014
- New York City
U.S. stocks meandered and consumer spending declined for the first time in a year in April. Consumer sentiment index was revised lower in May. European markets looked ahead to additional monetary stimulus. Resource stocks declined on the second weekly decline in iron prices.
- Mukesh Buch
- 30 May, 2014
- New York City
Big Lots net plunged 70%. Genesco net fell 3% but revenue jumped 6%. Guess net swung to a loss on 5% decline in sales. Infoblox tumbled after net loss widened. Lions Gate plunged 12%. OmniVision profit surged 70%. Splunk net loss widened.
- Nigel Thomas
- 30 May, 2014
- New York City
Fenner plunged on earnings outlook. Salamander Energy climbed on Spanish takeover speculation. Urban&Civic net swung to a loss. Westminster Group said net loss in the year widened.