- Arthi Gupta
- 29 Nov, 2011
- New York City
European indexes edged higher ahead of a meeting of euro area finance ministers today. Banking stocks declined after Moody''s placed on review for downgrade 87 European banks. Italy paid record yields in an auction of
- Bikram Pandey
- 28 Nov, 2011
- New York City
The U.S. indexes surged after easing for seven days in a row. Strong start of the widely tracked holiday sales lifted the expectations for the next three weeks of retail sales. European markets soared on two rumors and continued expectations of political actions.
- Nigel Thomas
- 28 Nov, 2011
- New York City
The Nikkei index in Tokyo increased for the first time in six days after U.S. holiday sales soared on the critical Thanksgiving. Shipping companies rebounded after freight rates rebounded. Nintendo extended gains for the second day in a row.
- Arthi Gupta
- 28 Nov, 2011
- New York City
The UK indexes surged tracking gains in Europe and U.S. The BCC lowered growth outlook for the UK economy. Home prices in the UK fell and retail sales slumped in November. Ireland''s retail sales rose in October.
- Marcus Jacob
- 28 Nov, 2011
- New York City
Australian stocks closed higher after the U.S. holiday sales showed a marked increase from a year ago. Markets in Asia and commodities rose. Qantas Airways Limited estimated first half profit to decline 66% on higher fuel and workers strike.
- Arthi Gupta
- 28 Nov, 2011
- New York City
The U.S. indexes traded higher on better-than-estimated retails sales on Black Friday. The Iraq government signed a $17 billion dollar gas deal with Basrah Gas. Bombardier won Indian rail contract worth $214 million.
- Arthi Gupta
- 28 Nov, 2011
- New York City
The O.E.C.D. lowered global growth outlook and warned EU leader to take decisive actions. Euro-zone money supply growth slowed but Swedish trade surplus grew in October. Manufacturing sector confidence in Italy improved in November.
- Arthi Gupta
- 28 Nov, 2011
- New York City
European markets soared on the expectations of new bond offering from Northern European nations that will provide financing to the troubled nations in the region. Moody
- Bikram Pandey
- 25 Nov, 2011
- New York City
U.S. stocks traded sideways in a shorter trading session but sovereign debt yield in Europe rose. Ratings agencies lowered debt ratings of Hungary to below investment grade and by one notch for Belgium. The euro declined for the third day in a row.
- Devan Biswas
- 25 Nov, 2011
- New York City
European indexes rebounded after falling for six days in a row. Italy completed
- Nigel Thomas
- 25 Nov, 2011
- New York City
Stocks in Tokyo trading declined and the benchmark Nikkei index dropped 2.6% in the week and plunged 20% in the year so far. Nikon began replacing parts made elsewhere after it shuttered Thai factory and Nintendo edged up on robust sales of hand held game devices.
- Marcus Jacob
- 25 Nov, 2011
- New York City
Australian stocks eased on the growing euro zone worries and weak commodities. Australian completed the sale of $700 million of 5-year bonds that yielded 3.25%. The yield on 10-year bond declined to the low last seen in March 2009. Woodside Petroleum fell after new natural gas wells were abandoned.
- Devan Biswas
- 24 Nov, 2011
- New York City
India
- Bikram Pandey
- 24 Nov, 2011
- New York City
Global markets declined as the debt stress in the euro zone extended to Germany and fears mount that the deepening contagion may soon engulf the UK and the U.S. where bond yields do not reflect economic realities. The euro edged lower and commodities declined in a quiet trading in Europe.
- Nigel Thomas
- 24 Nov, 2011
- New York City
The benchmark index in Japan fell to the lowest in the year and dropped to the low last seen in April 2009. Failed German debt auction highlighted the deepening stress in the euro zone that may extend to UK and U.S. Exporters to Europe led the decliners and freight ship liners plunged to a new 1ow.