- Marcus Jacob
- 20 Apr, 2015
- New York City
Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.
- Mukesh Buch
- 20 Apr, 2015
- New York City
Stocks in Mumbai traded lower and market indexes dropped 1.9% on earnings jitters and strengthening dollar. JSW said steel production in March jumped 11%. LIC Housing Finance net rose 2%. Titagarh Wagons net surged.
- Nichole Harper
- 17 Apr, 2015
- New York City
Market indexes on Wall Street slumped more than 1%, European markets extended weekly losses and China curbed shadow financing to speculate in stock market. U.S. consumer confidence improved and the cost of living rose in March for a third month in a row.
- Mukesh Buch
- 17 Apr, 2015
- New York City
American Express net jumped 6%. AMD tumbled 14% after net loss widened. GE net swung to a loss on 12% decline in revenues. Honeywell profit climbed 10% but revenues dropped 5%. Schlumberger net tumbled 36%. Seagate profit declined 26%.
- Nigel Thomas
- 17 Apr, 2015
- New York City
Accor first-quarter sales climbed 8% to
- Hiruki Nakamura
- 17 Apr, 2015
- New York City
Stocks in Tokyo struggled as investors awaited corporate earnings next week. Yen firmed up. Nikkei 225 declined to the lowest not seen since April 7 and the broader Topix gained for the third week in a row. Tri-Stage, the advertising company said annual revenues declined 11%.
- Marcus Jacob
- 17 Apr, 2015
- New York City
Australian market indexes reversed some of the weekly gains on weak commodities prices. Aussie dollar remained firm near 78 U.S. cents. Santos Limited first-quarter revenues declined 24% on 7% fall in production.
- Mukesh Buch
- 17 Apr, 2015
- New York City
Tata Consultancy, the largest India-based software services provider said quarterly net rose 8%. Reliance Industries reported quarterly income increased 11% but weak crude oil price dragged revenues down 35%. CRISIL said net in the quarter declined 18%. LIC increased its stake in Hindalco.
- Nichole Harper
- 16 Apr, 2015
- New York City
Stocks struggled on Wall Street and banks reported higher than expected earnings. Goldman Sachs earnings soared offering another sign of the rebounding profits on Wall Street. German bond yields dropped closer to zero.
- Mukesh Buch
- 16 Apr, 2015
- New York City
Blackstone net more than doubled. Citigroup profit climbed 23% but revenues dropped 3%. Goldman Sachs net soared 41% on 14% increase in revenues. Netflix net tumbled 55% but revenues jumped 24%. UnitedHealth revenues and net surged 13%.
- Nigel Thomas
- 16 Apr, 2015
- New York City
Debenhams pre-tax profit jumped 4% to
- Nigel Thomas
- 16 Apr, 2015
- New York City
German government bond yield dropped near zero a day after the European Central Bank reaffirmed its commitment to bond-purchase program and print vast amount of new money. Greek bond yields jumped to new high as debt negotiations drag on.
- Hiruki Nakamura
- 16 Apr, 2015
- New York City
Japanese stocks traded lower and the food industry index fell after leading all other industries in the year with a surge of 18%. Energy stocks led the gainers in the session after crude oil price jumped to a new 2015-high. Sharp Corp soared on the hopes of restructuring.
- Mukesh Buch
- 16 Apr, 2015
- New York City
Australian market indexes rebounded after a decline in jobless rate and a slight rise in motor vehicle sales. The recent one-week-long rise in crude oil prices lifted energy stocks. Fortescue Metals, the third largest iron ore miner in Australia, reported 9% decline in cash cost to $25.90 a ton.
- Sarla Buch
- 16 Apr, 2015
- New York City
Stocks in Mumbai traded lower ahead of earnings announcements. Gammon secured two new projects. IndusInd Bank said net in the fourth-quarter jumped 25%. Tata Steel production fell 1%. TCS, the flagship company of Tata Group reported flat quarterly sales. Tata Motors March global sales rise 9%.