- Arthi Gupta
- 22 Nov, 2010
- New York City
European stocks slid after Ireland sought financial help from the EU and the IMF. French economic indicator rose in September. Swiss M3 money supply growth eased in October. Danish consumer confidence rose in November. Bulgaria''s unemployment rate fell in the third quarter.
- Chandrasekhar Atreya
- 23 Nov, 2010
- New York City
Stocks in China region drop on inflation worries and bank reserve ratio hike. The 5-week decline in sale of new homes in Shanghai is halted with a gain of 35% in the last week. Shanghai
- Arthi Gupta
- 22 Nov, 2010
- New York City
U.S. stocks declined after Ireland agreed to the EU-IMF rescue package. U.S. economic growth forecasted to be sluggish in 2011. Energy XXI agreed to acquire some oil fields from Exxon affiliates for $1 billion. Broadcom agreed to buy Gigle Networks for $75 million.
- Arthi Gupta
- 19 Nov, 2010
- New York City
The UK indexes fell after China inflation worries dragged commodities lower and Ireland moved closer to accept a bailout package. The UK construction sentiment declined in the third quarter. Vedanta raised $6 billion for Cairn India deal. Accenture agreed to buy Germany''s CAS Computer.
- Arthi Gupta
- 19 Nov, 2010
- New York City
European indexes declined after China raised the reserve ratio by 50 basis points. Ireland edged closer to accepting bailout package. German PPI rose in October. Greek current account deficit narrowed and Italy industrial orders fell in September.
- Arthi Gupta
- 19 Nov, 2010
- New York City
U.S. stocks traded lower after China raised commercial banks'' reserve requirement ratio. Ireland inched closer to bailout. Chevron agreed to sell its aviation fuel marketing business in Caribbean to France-based Rubis. Dell net surged amid strong corporate demand. Cisco expands stock buyback plan.
- Mukesh Buch
- 19 Nov, 2010
- New York City
Stock in Mumbai tumbled. Bharti Airtel rose 0.6% after the government panel highlighted irregularities in 2G spectrum allocation. Coal India rose 0.6%. Hindustan Construction decreased 3.1% and received an observation letter for its unit Lavasa Corp
- Chandrasekhar Atreya
- 19 Nov, 2010
- New York City
Stocks in China gained for the day but dropped more than 3% in the week. China is considering tightening rules to avoid insider trading. SAIC Motor Co buys nearly 1% stake in General Motor. Strong demand from China and India is expected to boost gold sale in 2010 according to the World Gold Council.
- Chandrasekhar Atreya
- 19 Nov, 2010
- New York City
Nikkei benchmark index posted a 3% gain for the week. Mongolian President invites Japan to develop rare earth market. A survey shows that China may have eased supplies of rare earth minerals to Japan. Crude steel output rises for the 12th consecutive month in October.
- Chandrasekhar Atreya
- 19 Nov, 2010
- New York City
Australian shares closed marginally lower and fell 1.4% for the week. BHP decides to open its rail line in Pilbara region to smaller mining companies. Fortescue plans to double its iron ore capacity in its Pilbara hubs.
- Arthi Gupta
- 18 Nov, 2010
- New York City
The UK indexes traded higher after Ireland is negotiating a bailout package with the EU, the ECB and the IMF. The UK public borrowing surpassed expectations, retail sales rose, and gross mortgage lending fell in October. SABMiller net rose on price increases as well as growth in emerging markets.
- Arthi Gupta
- 18 Nov, 2010
- New York City
The European indexes rose on optimism of a successful bailout plan for Ireland. Euro area current account deficit rose in September. German employment climbed in the third quarter. Dutch unemployment rate fell in October but consumer confidence improved in November. Portugal PPI rose in October.
- Arthi Gupta
- 18 Nov, 2010
- New York City
U.S. stocks gained on expectations for a resolution to the Irish debt crisis and weekly jobless claims rose 2,000 to 439,000. GM priced its public offering at $33 per share. OECD cut 2011 global growth forecast. Western Coal received C$3.3 billion merger proposal from Walter Energy.
- Mukesh Buch
- 18 Nov, 2010
- New York City
Stock in Mumbai rose. AXIS Bank fell 2.7% after it agreed to acquire Enam Securities for nearly $400 million. JSW Steel soared 3.5% on $60 million expansion plan. Reliance Communications tumbled 4.8% as government panel highlighted irregularities in 2G spectrum.
- Bikram Pandey
- 18 Nov, 2010
- New York City
U.S. stocks traded sideways and European markets closed higher. Commodities and crude oil declined for the fourth day in a row. Gold and silver fell from the recent highs. The dollar declined against the yen and the euro. Europe and UK express readiness to extend financial support to Ireland.