- Nichole Harper
- 05 Jul, 2013
- New York City
Stocks on Wall Street surged at the opening after June employment increased better-than-expected 195,000 and jobless rate held at 7.6%. European markets erased yesterday
- Nigel Thomas
- 05 Jul, 2013
- New York City
Afren agreed to acquire additional stake of 23.3% in First Hydrocarbon Nigeria for $105.4 million. Endomines lowered annual gold production target range. Siemens pulled out the bidding for Britain''s multi-billion pound Crossrail project.
- Hiruki Nakamura
- 05 Jul, 2013
- New York City
Market indexes in Tokyo soared the most in three weeks after the yen stayed low and central banks in Europe and England offered to keep interest rate low. Seven & I rose after the convenience chain operator reported 15% increase in net profit and FamilyMart reported 5.9% increase in operating profit.
- Marcus Jacob
- 05 Jul, 2013
- New York City
Australian stocks advanced for the second day in a row after a week of turbulent trading. Fortescue Metals stepped up its campaign against Brockman Mining
- Mukesh Buch
- 05 Jul, 2013
- New York City
Adani Group withdrew from Indonesian railway project worth $1.65 billion. Unilever launched its offer to increase its stake in HUL to 67.3% valued
- Nigel Thomas
- 04 Jul, 2013
- New York City
Oerlikon sold its natural fibers businesses to Jinsheng of China for 470 million Swiss francs. Redrow said group revenue for the year climbed 26% to
- Hiruki Nakamura
- 04 Jul, 2013
- New York City
Market indexes in Tokyo trading declined for the first time in six days and the yen closed below 100 against a dollar. Regional economic survey form the Bank of Japan showed improving economic activities in eight of the nine regions. Foreign investors increased net exposure to Japanese stocks.
- Marcus Jacob
- 04 Jul, 2013
- New York City
Australian indexes reversed earlier losses and closed up 1%. Building approvals in May decreased more than expected 1.1%. New vehicles sales in June increased seasonally adjusted 5.8% to 118,758 units.
- Mukesh Buch
- 04 Jul, 2013
- New York City
Switzerland based Holcim plans to merge its ACC and Ambuja Cements. Airtel agreed to buy stake in Qualcomm''s 4G broadband project.The central government sold its 4% stake in HCL. Sobha Developers first quarter sales climbed 10%.
- Nichole Harper
- 03 Jul, 2013
- New York City
U.S. indexes reversed early losses and traded higher and weekly jobless claims declined for the second month in a row. Crude oil futures and gold gained after political crisis in Egypt deepened. European markets dropped more than 1% on the rising uncertainties in Portugal.
- Mukesh Buch
- 03 Jul, 2013
- New York City
Weiss family increased takeover price for American Greetings to $19 a share. Exco Resources agree to acquire oil and gas assets of $1 billion from Chesapeake Energy. Rite Aid and Walgreen June sales climbed.
- Hiruki Nakamura
- 03 Jul, 2013
- New York City
Market indexes in Tokyo traded higher for the fifth day in a row and the yen declined to a low in a month and crossed 100 to a dollar. Suntory Beverage rose modestly on the first day of trading after it raised $4 billion. Dentsu plans to raise $1.2 billion to pay for Aegis acquisition.
- Nigel Thomas
- 03 Jul, 2013
- New York City
European Investment Bank signed
- Hiruki Nakamura
- 03 Jul, 2013
- New York City
Australian stocks sold off sharply after retail sales in May were lower than expected and global worries dragged market sentiment in Asian trading. New home sales rose for the third month in a row in May and reached an 18-month high.
- Mukesh Buch
- 03 Jul, 2013
- New York City
Amtek Auto offer to acquire 26% stakes in JMT Auto. HCL wins a government panel approval stake to sell 4.01%. Government refused foreign direct investment proposal in MCX. SAIL posted record steel production in first quarter.