- Marcus Jacob
- 20 Jan, 2015
- New York City
Market indexes in Australia eased after China said economic growth dropped to 7.4% and expanded at the slowest pace in 24 years. Commodities and oil prices were under pressure after the IMF lowered its estimate of global economic growth.
- Mukesh Buch
- 20 Jan, 2015
- New York City
Hindustan Zinc profit surged 38%. Info Edge net rose 20%. Kansai Nerolac signed a joint venture to enter Sri Lanka market. Kotak Mahindra Bank net climbed 37% on 20% increase in revenues. South Indian Bank net plunged 38% but revenues jumped 10%.
- Nichole Harper
- 19 Jan, 2015
- New York City
Markets in Europe gained ahead of ECB meeting later in the week and oil prices closed down in London trading. Shanghai market indexes plunged nearly 8% after regulators limited the margin lending. Yield on 10-year Japanese government bonds dropped to a record low of 0.2%. U.S. markets were closed.
- Bikram Pandey
- 19 Jan, 2015
- New York City
Shanghai market index plunged 7.7% after the Chinese regulator curbed margin lending in an attempt to arrest the 40% rise the index in the last three months.
- Nigel Thomas
- 19 Jan, 2015
- New York City
Balfour Beatty secured an infrastructure development contract worth up to
- Hiruki Nakamura
- 19 Jan, 2015
- New York City
Bank of Japan entered the bond market to acquire government bonds and 10-year debt yield fell to a record low of 0.2%. Japanese yen strengthened to a 117.17 against one dollar and industrial output declined 0.5% in November.
- Marcus Jacob
- 19 Jan, 2015
- New York City
Australian market index struggled to hold on to the 1.3% surge at the opening after Shanghai index plunged 6%. Dexus Property acquired a business and industrial estate in south of Sydney for $154 million.
- Mukesh Buch
- 19 Jan, 2015
- New York City
Hindustan Unilever said profit climbed 17%. Rajesh Exports soared on UAE Export order. Reliance Industries net declined 4.5% and revenues plunged 20%. Symphony net surged 45% on 31% increase in revenues. Wipro net rose 9%.
- Nichole Harper
- 16 Jan, 2015
- New York City
Market indexes on Wall Street rebounded after five days of decline on the back of crude oil price gain. The consumer price index declined the most in six years in December and factory production slowed in the month and consumer confidence rose to the level not seen since January 2004.
- Mukesh Buch
- 16 Jan, 2015
- New York City
Comerica net surged 29% but revenues fell 4%. Goldman Sachs profit plunged 10% after revenues declined 12% on weak underwriting and fixed income trading. Intel profit surged 39% while revenues dropped 6%. PNC Financial Services net fell 2%. PPG net tumbled 67%.
- Nigel Thomas
- 16 Jan, 2015
- New York City
D Sports surged on higher sales and profit outlook. Moneysupermarket.Com forecasted sales to jump about 10% to
- Hiruki Nakamura
- 16 Jan, 2015
- New York City
Market indexes in Japan extended losses and for the week the Nikkei index plunged 3.4% and the yen eased 0.3% to 116.55 against one dollar. Market indexes in Japan declined for the third week in a row. Chugai Pharmaceuticals and Sosei Group fell after Swiss franc strengthened.
- Marcus Jacob
- 16 Jan, 2015
- New York City
Australian market indexes extended weekly losses and closed down over 3%, the largest decline in eighteen months. ALS Limited, the testing lab services provider rose on positive outlook. National Australia Bank and State Bank of India sign agreements for project finance business.
- Nichole Harper
- 15 Jan, 2015
- New York City
Stocks on Wall Street weakened for the second day in a row and crude oil price fell another 1.1% but gold surged 2.7%. Switzerland abandoned its peg to euro after vociferously defending the arrangement one month ago. India lowered its reference rate.
- Mukesh Buch
- 15 Jan, 2015
- New York City
Bank of America net plunged 14% on 11% decline in revenues. BlackRock net fell 3% on flat revenues. Citigroup net tumbled 86% on legal expenses and repositioning charges of $3.5 billion. Fastenal net surged 19%. Lennar net jumped 50%.