- Hiruki Nakamura
- 10 Jul, 2015
- New York City
Nikkei average in Tokyo edged lower but markets in Asia returned normality after regulatory steps in China calmed world markets. Oil, natural gas and iron ore continued to trade with negative bias in Asia. Asahi Glass said first-half sales rose 2%.
- Nigel Thomas
- 10 Jul, 2015
- New York City
Fraport passenger
- Marcus Jacob
- 10 Jul, 2015
- New York City
Australian market indexes returned to positive undertone after markets in China rose for the second day in a row but commodities prices remained week in Asia. Home loan values and total number of loans issued declined in May in Australia. Transurban reported toll revenues in June quarter surged 70%.
- Mukesh Buch
- 10 Jul, 2015
- New York City
TCS said quarterly profit climbed 53% and revenues rose 6%. GRUH Finance net jumped 20% on 22% increase in revenues. Wipro agreed to acquire Denmark-based Designit for ₹595 crore or
- Nichole Harper
- 09 Jul, 2015
- New York City
Indexes on both sides of Atlantic rose after China halted market slide and hope ran eternal in the euro zone. Athens government is scheduled to offer its list of reforms before the Sunday deadline. Alcoa kicked off earnings season with earnings falling short of expectations.
- Mukesh Buch
- 09 Jul, 2015
- New York City
Alcoa revenues were ahead of expectations but earnings lagged. LKQ agreed to acquire PartsChannel. PepsiCo net was flat after sales declined 6%. Peabody sells its Australian mine. Walgreens Boots Alliance net surged.
- Hiruki Nakamura
- 09 Jul, 2015
- New York City
Nikkei average in Tokyo rebounded after indexes in Shanghai and in Hong Kong jumped after Chinese regulatory steps. Machinery orders in Japan rose 0.6% in May following 3.8% increase in April. Fast Retailing said nine-month sales increased 24%.
- Marcus Jacob
- 09 Jul, 2015
- New York City
Aussie dollar closed below 75 U.S. cents and markets return to calm after Chinese regulators succeeded in arresting the sustained fall in market indexes. Australian jobless rate increased to 6% in June. Caltex Australia said first-half profit more than doubled.
- Nigel Thomas
- 09 Jul, 2015
- New York City
AstraZeneca sell its international rights for gastroenterology drug to Switzerland-based Tillotts Pharma. Associated British Foods group revenues increased 2%. Balfour Beatty forecasted pre-tax profit of about
- Mukesh Buch
- 09 Jul, 2015
- New York City
Essar Oil plans to sell its 49.9% stake in its Vadinar refinery to Russia-based Rosneft. Eros International is in advanced talks to sell 10% stake in Eros Now.
- Nichole Harper
- 08 Jul, 2015
- New York City
World markets and commodities extend losses as Chinese regulators fail to contain the deepening crisis of confidence in Shanghai. Crude oil dropped for the fifth day in a row and approached $51 a barrel in New York trading. In addition, all trading on the NYSE is halted for technical reasons.
- Hiruki Nakamura
- 08 Jul, 2015
- New York City
Nikkei average in Tokyo dropped 3% after a sustained plunge in Chinese stocks extended to commodities and currencies market with worldwide implications. In a preliminary estimate, exports in June for the first three weeks rose 10% and imports dropped 5.5%.
- Mukesh Buch
- 08 Jul, 2015
- New York City
Accenture agreed to acquire Hong Kong-based PacificLink. BB&T received Federal Reserve approval to acquire Susquehanna Bancshares. Container Store net loss widened. Chase Corp net soared 13%. VMware affirmed revenues and earnings forecast.
- Marcus Jacob
- 08 Jul, 2015
- New York City
Australian indexes dropped 2% after Chinese sell-off extended losses to more than 30% in the last four weeks. Iron ore, coal, copper and crude oil prices declined to new lows in 2015.
- Nigel Thomas
- 08 Jul, 2015
- New York City
Greece formally requested a bailout but the proposal lacked details on reforms as banks are expected to run out of cash as early as tomorrow. CropEnergies said net surged seven-fold but bioethanol maker lowered fiscal revenues outlook. Daejan profit jumped 49% to