- Nichole Harper
- 05 Oct, 2015
- New York City
Market indexes on Wall Street jumped for the second day in a row on the hopes that the Fed may delay interest rate hike well into 2016 after the latest jobs report was deemed weaker than anticipated. Crude oil rallied after Russia sought cooperation with OPEC.
- Marcus Jacob
- 05 Oct, 2015
- New York City
Australian market indexes soared 1.9% and the Aussie dollar traded above the U.S. 70 cents mark. Aurizon Holdings lowered its revenues estimate after disputes with several coal mines.
- Hiruki Nakamura
- 05 Oct, 2015
- New York City
Nikkei average in Tokyo jumped 1.6% following the market advance in overnight trading in New York and in Europe. SoftBank has so far not decided to trim its stake in online marketplace operator Alibaba Group after the expiry of lock up period.
- Mukesh Buch
- 05 Oct, 2015
- New York City
BP settled claims for Gulf of Mexico oil spill for $20.8 billion. Nelson Peltz invested $2.5 billion in GE and becomes one of top 10 investors. American Apparel filed for Chapter 11 bankruptcy. Suncor made a hostile acquisition offer to Canadian Oil Sands for C$4.3 billion.
- Nigel Thomas
- 05 Oct, 2015
- New York City
Potash Corp withdrew its
- Mukesh Buch
- 05 Oct, 2015
- New York City
TVS and Tata Motors total vehicle sales slipped. National Buildings Construction secured new contracts and expanded its backlog. Life Insurance Corp sold its 2% stake in Chennai Petroleum. NTPC plans to sell electricity to Bangladesh.
- Nichole Harper
- 02 Oct, 2015
- New York City
Stocks on Wall Street edged lower after weaker-than-expected new job additions in September and August. Jobless rate in September held at 5.1% in September. Wholesale price index in the euro zone declined more than expected. Monetary base in Japan accelerated at a faster pace in September.
- Mukesh Buch
- 02 Oct, 2015
- New York City
Nikkei average in Tokyo closed nearly unchanged and rose 0.9% after a week of volatile trading. Seasonally adjusted jobless rate rose was unchanged in August at 3.4%. Monetary base in August rose more than expected in August.
- Mukesh Buch
- 02 Oct, 2015
- New York City
American Electric Power agreed to sell its subsidiary to American Commercial Lines for $550 million. CalAmp net jumped 7%. Delta Air Lines passengers
- Marcus Jacob
- 02 Oct, 2015
- New York City
Australian market indexes declined more than 1% and closed flat after a week of volatile trading. Origin Energy completed its institutional tranche of $2.5 billion capital raising.
- Nichole Harper
- 01 Oct, 2015
- New York City
Market indexes on Wall Street lacked direction and oil prices declined nearly 1%. Chipmakers were on the defensive on an industrywide speculation that Apple Inc may cut chip orders for the fourth quarter.
- Hiruki Nakamura
- 01 Oct, 2015
- New York City
Nikkei average in Tokyo soared on the first day of the last quarter after falling the most in the previous quarter in five years. Tankan survey, released by the Bank of Japan showed mixed economic picture with the struggling manufacturing sector but growing service sector.
- Mukesh Buch
- 01 Oct, 2015
- New York City
Ashok Leyland total auto sales soared 26% and Hero MotoCorp total sales rose 0.7%. Maruti Suzuki India sales increased 4%. Eicher Motors sales surged 28% but Mahindra & Mahindra passenger vehicle sales slipped 7%.
- Nigel Thomas
- 02 Oct, 2015
- New York City
Air France KLM board agreed on a restructuring plan for next two years. Carl Zeiss Meditec estimated revenues for the year to jump 14% to
- Marcus Jacob
- 01 Oct, 2015
- New York City
Resource stocks and banks led the latest advance in Australia. Crude oil and gold gained. Arrium estimated additional cost savings of $60 million as the steelmaker restructure its distribution and operations. Newcrest Mining sold off its remaining stake in Evolution Mining.