- Hiruki Nakamura
- 23 Apr, 2014
- New York City
Toyota reported a surge of 6% in global vehicle production to 2.58 million in the quarter to March. Honda global production in the quarter increased 12.4% to 0.4 million and at Nissan rose 10.4% to 0.49 million units. Seibu surged 10% on the first day of trading.
- Marcus Jacob
- 23 Apr, 2014
- New York City
Australian inflation in March increased from a year ago to 2.9% but trailed expectations. Market indexes closed higher 0.7% and a slight improvement in China
- Mukesh Buch
- 23 Apr, 2014
- New York City
Cairn India net climbed 18% to $491 million on 16% increase in revenues. Mastek profit plunged 38% after revenue slipped 5%. Rallis India net surged 71%. State Bank of Bikaner and Jaipur net climbed 33%. VST Industries profit surged 49%. Yes Bank net soared 19%.
- Nichole Harper
- 22 Apr, 2014
- New York City
U.S. market indexes advanced led by tech stocks. Existing home sales in March declined 0.2% to annual rate of 4.59 million and dropped to the lowest level since July 2012. Novartis announced deals worth $20 billion. Valeant Pharmaceuticals offered $46 billion for Allergan Inc.
- Mukesh Buch
- 22 Apr, 2014
- New York City
Bank of New York Mellon net swung to a profit. Comcast net surged 30% after revenue jumped 14%. Harley-Davidson net climbed 19%. Illinois Tool profit soared 34%. Lockheed Martin net jumped 23%. McDonald
- Nigel Thomas
- 22 Apr, 2014
- New York City
Philips net plunged 15% to
- Hiruki Nakamura
- 22 Apr, 2014
- New York City
Broader market indexes declined after reversing earlier gains in the day and commodities linked stocks were in focus. Yasakawa Electric declined after the power company estimated lower than expected current year income. Monex Group, the online security provider said fiscal year revenues increased 51%.
- Hiruki Nakamura
- 21 Apr, 2014
- New York City
Market indexes in Tokyo drifted lower and the yen eased after trade deficit in March quadrupled from a year ago. Consumer lending stocks soared on a speculation that the government may loosen restrictions. Drugstore chain Genky said quarterly sales increased 4%.
- Marcus Jacob
- 22 Apr, 2014
- New York City
Australian stocks closed higher in thin trading. Oil Search advanced after issuing a positive outlook but quarterly sales declined 19%. Singapore competition authority approved the alliance between Air New Zealand and Singapore Airlines.
- Mukesh Buch
- 21 Apr, 2014
- New York City
Halliburton and Hasbro net swung to a profit. Hillshire Brands agreed to acquire Van''s Natural Foods for $165 million. Kimberly Clark net rose 1%. Pfizer plans in acquire AstraZeneca for
- Mukesh Buch
- 21 Apr, 2014
- New York City
ALSTOM India secured a contract worth
- Mukesh Buch
- 22 Apr, 2014
- New York City
Gujarat Gas dropped after its board approved consolidation of its entities. HDFC Bank net climbed 23% and revenue jumped 15%. HEG profit surged 33%. MRF net declined 19% but revenue soared 14%. Novartis surged after promoter agreed to acquire cancer drug business from GSK for $16 billion.
- Arjun Dave
- 20 Apr, 2014
- New York City
The national election in India has led to a rise of two new confident and self-made leaders with different visions from the traditional welfare state model supported by the Nehru-Gandhi dynasty. India is looking for ways to speed up economic growth and catch up with the neighboring rival China.
- Hiruki Nakamura
- 17 Apr, 2014
- New York City
Market indexes in Tokyo closed nearly unchanged in thin trading. Confidence index dropped to the lowest in March since August 2011. GungHo Online Entertainment soared on profit report. Developer Ichigo Group reported net annual sales more than doubled.
- Hiruki Nakamura
- 18 Apr, 2014
- New York City
Stocks advanced for the third day in Tokyo but trading volume was thin. Sony said sale of video game console unit in the first six month since its release outpaced 7 million and stayed ahead of Microsoft