- Hiruki Nakamura
- 29 Dec, 2015
- New York City
Stocks in Japan advanced on bargain-hunting and strength in construction and pharmaceuticals. Toshiba seeks a new credit line of 300 billion yen and plans large-scale restructuring. FamilyMart
- Sarla Buch
- 29 Dec, 2015
- New York City
Sensex index in Mumbai declined and markets across Asia retained a negative bias on the weakening economic backdrop in China and falling energy imports from Japan. Rupee traded near record low, despite the oil prices easing to 11-year low.
- Nichole Harper
- 28 Dec, 2015
- New York City
With sellers in control, oil prices turned lower in the last week and stocks followed. Market indexes on Wall Street declined as much as 0.6%. U.S. holiday spending rose more than expected and more shoppers shifted to online shopping.
- Mukesh Buch
- 28 Dec, 2015
- New York City
Amazon added 3 million Prime service members in the week of Christmas. Apple sued Samsung for additional $180 million in damages. Chimerix plunged 77% after the blood transfer infection prevention drug failed in Phase 3 trial.
- Lucy Stoeva
- 28 Dec, 2015
- New York City
Stock markets edged lower in Europe and trading remained subdued in the holiday-shortened week. adidas expects higher sourcing costs in 2016 due to negative currency effects. Banca Monte dei Paschi sells its loan portfolio to Deutsche Bank. Transocean
- Sarla Buch
- 28 Dec, 2015
- New York City
India and Russian companies sign contacts to increase local content in defense equipment and systems and speed up construction of nuclear power plants. Tata Power, Essar, Reliance, Bharat Forge are some of the leading companies engaged in joint developments.
- Hiruki Nakamura
- 28 Dec, 2015
- New York City
The Nikkei 225 average closed higher as bargain-hunting offset disappointing November production and retail data. Taiwan-based Hon Hai Precision Industry is exploring to acquire Sharp Corp. Tri-Stage expects annual net income to plunge 23.1%.
- Hiruki Nakamura
- 25 Dec, 2015
- New York City
Nikkei 225 average closed lower in muted trading and the yen edged down against the U.S. dollar. J. Front Retailing reported nine-month sales increased 2.5% and net income soared 79%.
- Nichole Harper
- 24 Dec, 2015
- New York City
Stocks on Wall Street lacked cheer and market indexes rested ahead of early closure. Crude oil gained for the fourth session in a row and jobless claims in the previous week dropped to a 42-year low. European markets were little changed and energy prices were in focus.
- Mukesh Buch
- 24 Dec, 2015
- New York City
EZCorp net loss widened. Nexstar Broadcasting is in talks to acquire Media General for $2 billion. Piedmont Natural Gas net dropped 5%. Salesforce.com agreed to acquire billing services provider SteelBrick for $360 million.
- Lucy Stoeva
- 24 Dec, 2015
- New York City
European markets traded higher after resource heavy FTSE 100 index edged up. Indexes in Spain gained but in France edged lower. Markets in Germany were closed.
- Sarla Buch
- 24 Dec, 2015
- New York City
Reliance Defence and Russia-based AlmazAntey for manufacture the four frigates for the Indian Navy worth $4.8 billion. Singapore controlled fund invested $300 million in housing projects developed by DLF. ONGC plans to invest $530 million in three coal-bed methane blocks in eastern India.
- Hiruki Nakamura
- 24 Dec, 2015
- New York City
Nikkei 225 average slipped and the yen eased in thin trading as markets in Europe and in New York wind down ahead of Christmas Holiday. Fujitsu Ltd decided to separate its mobile phone and computing businesses. Monex Group reported November revenues edged.
- Marcus Jacob
- 24 Dec, 2015
- New York City
Australian market indexes gained and extended weekly gain to 3.4%. Australian dollar edged higher to 72.52 U.S. cents and gold and crude oil bounced from the recent lows. Real estate software developer Onthehouse soared on a takeover offer.
- Nichole Harper
- 23 Dec, 2015
- New York City
Wall Street indexes extended gains for the third day in a row after crude rebounded from an 11-year low and personal income increased and durable goods orders were unchanged. European markets closed higher on bargain hunting.