- Devan Biswas
- 04 Mar, 2011
- New York City
China region stocks gained as investors focused on the meeting of lawmakers, bankers and policymakers beginning tomorrow for the next ten days. China is looking to drive economic growth in the next five years through higher consumption.
- Nigel Thomas
- 04 Mar, 2011
- New York City
Stocks in Tokyo trading closed higher as crude oil eased and positive economic data in the U.S. The yen fell against the euro lifting the export sensitive stocks. Sumitomo Electric Industries soared 8% after it developed cheaper car battery.
- Marcus Jacob
- 04 Mar, 2011
- New York City
Australian stocks closed higher following the increase in New York and London trading. Fletcher Building extended its offer for Crane by two weeks. Newcrest soared 5% after it doubled the estimate of copper and gold at its mine in Papua New Guinea.
- Bikram Pandey
- 03 Mar, 2011
- New York City
U.S. indexes gained on a dip in oil and jobless claims declined to the level last seen in May 2008. The crude oil declined to $100 a barrel after Arab leaders work to bring a peace in Libya. J.C. Penney, Macy
- Mukesh Buch
- 03 Mar, 2011
- New York City
Big Lots fourth quarter net income gained 4.5% to $110.06 million. H.J. Heinz third quarter net income increased 20% to $273.78 million. Royal Bank of Canada first quarter net income surged 23% to C$1.84 billion. The Kroger fourth quarter net income soared to $278.8 million.
- Arthi Gupta
- 03 Mar, 2011
- New York City
The UK indexes rebounded after oil prices declined. The UK home prices fell and service sector growth slowed in February. Irish service sector activity improved in February. The UK government approved News Corp.''s merger with BskyB. Japan-based Itochu agreed to acquire Kwik-Fit for
- Arthi Gupta
- 03 Mar, 2011
- New York City
The European indexes soared after the ECB retained key rate; European service sector activity showed mixed trends and retail sales improved. Spanish consumer confidence rose in February. Total agreed to acquire minority stake in Russia-based Novatek for $4 billion.
- Arthi Gupta
- 03 Mar, 2011
- New York City
U.S. indexes gained after crude oil prices eased for the first time in three days. AIG raised $9.6 billion from sale of MetLife stake.
- Devan Biswas
- 03 Mar, 2011
- New York City
Mumbai stocks edged up in a choppy trading as auto sales and two-wheelers sales rise. Bajaj Auto and Hero Honda report sharp gain in unit sales. Cement companies gained after ACC and UltraTech reported higher shipments in February. The latest wholesale price index showed a slight decline.
- Devan Biswas
- 03 Mar, 2011
- New York City
Stocks in Shanghai edged lower ahead of plenary meeting this week and approve several economic projects. China has targeted 7% economic growth in the period between 2011 and 2015. China said former Railways Minster Liu is under bribery investigation. Airlines declined.
- Nigel Thomas
- 03 Mar, 2011
- New York City
Stocks in Japan closed higher on positive U.S. economic data. Panasonic completed the sale of $6 billion bond offering, the largest offering from a non-financial Japanese company. Exporters and automakers led the gainers in Tokyo trading.
- Marcus Jacob
- 03 Mar, 2011
- New York City
Stocks in Australia edged higher in a quiet trading. Resource and healthcare stocks led the gainers in trading. Australian trade surplus in January narrowed to $1.88 billion and home construction approvals fell 15.9%.
- Bikram Pandey
- 02 Mar, 2011
- New York City
U.S. stocks traded higher and U.S. lawmakers approve temporary spending bill that will trim budget by $4 billon. A private survey indicated U.S. companies added more jobs in February. Crude oil gained as unrest in Middle East escalates. Spain
- Arthi Gupta
- 02 Mar, 2011
- New York City
The UK indexes slid as tensions in the Middle East and Africa escalate and crude oil futures surge. The UK construction PMI rose in February. Whitbread agreed to buy Coffee Nation for