- Hiruki Nakamura
- 03 Jul, 2013
- New York City
Market indexes in Tokyo traded higher for the fifth day in a row and the yen declined to a low in a month and crossed 100 to a dollar. Suntory Beverage rose modestly on the first day of trading after it raised $4 billion. Dentsu plans to raise $1.2 billion to pay for Aegis acquisition.
- Nigel Thomas
- 03 Jul, 2013
- New York City
European Investment Bank signed
- Hiruki Nakamura
- 03 Jul, 2013
- New York City
Australian stocks sold off sharply after retail sales in May were lower than expected and global worries dragged market sentiment in Asian trading. New home sales rose for the third month in a row in May and reached an 18-month high.
- Mukesh Buch
- 03 Jul, 2013
- New York City
Amtek Auto offer to acquire 26% stakes in JMT Auto. HCL wins a government panel approval stake to sell 4.01%. Government refused foreign direct investment proposal in MCX. SAIL posted record steel production in first quarter.
- Mukesh Buch
- 02 Jul, 2013
- New York City
Acuity Brands sales climbed but net slid and Schulman declined as sales and profit tumbled. Chrysler vehicles sales rose 8% in June and Ford Motor sales in the month rose 13%.
- Nigel Thomas
- 02 Jul, 2013
- New York City
Dialog Semiconductor agreed to buy IWatt for $345 million. Erste Group Bank sold
- Nigel Thomas
- 02 Jul, 2013
- New York City
European markets traded lower and jobless rate in the euro zone was revised higher to 12.2% a day after the scheduled release of data. Bank of England urged banks to lift capital reserve ratio earlier than five year time-table set by Basel committee.
- Nichole Harper
- 02 Jul, 2013
- New York City
U.S. stocks extended gains for the second day this week and factory orders increased 2.1% in May. Ford Motor said auto sales in June increased 13% and Chrysler reported 9% increase in sales and record June sales since 2007.
- Hiruki Nakamura
- 02 Jul, 2013
- New York City
Volatile stocks in Tokyo advanced for the fourth day in a row after the yen declined and approached 100-level against a dollar. After the close, Government Pension Investment Fund said it earned 10% annual return in fiscal year to March. Fast Retailing same store sales surge 20% in June.
- Mukesh Buch
- 02 Jul, 2013
- New York City
Ashok Leyland June truck sales plunged 31% and Bajaj Auto sales declined 14%. Tata Motors June sales plummeted 18% and domestic sales tumbled 32%.
- Marcus Jacob
- 02 Jul, 2013
- New York City
Reserve Bank of Australian held its cash rate for the second month but held out possibility of a future rate cut. Market indexes soared 2.6%, largest one-day gain in 19 months. Boart Longyear plunged 11% on debt rating downgrade.
- Mukesh Buch
- 01 Jul, 2013
- New York City
Citigroup agreed to pay $968 million to Fannie Mae. Intuit plans to sell its financial services unit to Thoma Bravo for $1.03 billion. Nokia agreed to acquire remaining 50% stake in Nokia Siemens Networks. Tribune Co agreed to buy 19 television stations valued $2.73 billion.
- Nigel Thomas
- 01 Jul, 2013
- New York City
European markets traded higher and unemployment in the euro zone rose to 12.1% in May. Jobless rate in the wider European Union was stable at 10.9%. With Croatia, European Union expanded to 28 nations.
- Nigel Thomas
- 01 Jul, 2013
- New York City
Hunting soared on positive outlook. Siemens sold remaining 50% stakes in Nokia Siemens to Nokia for
- Nichole Harper
- 01 Jul, 2013
- New York City
U.S. market indexes gained more than 1% after construction spending increased 0.5% and a private read on U.S. manufacturing showed an improved growth outlook. Oryx Pharmaceuticals surged 50% after it received a bid from Amgen.