- Bikram Pandey
- 10 Nov, 2010
- New York City
Stocks in China region declined ahead of inflation data. Home prices in China increased in October at a slower pace but continue to attract speculative capital. October trade surplus increased 23% as exports rose faster than imports. China let the yuan appreciate 0.5% against the dollar.
- Nigel Thomas
- 10 Nov, 2010
- New York City
China trade surplus in October rose 22.9% from a year ago as exports surged more than imports. The second largest monthly surplus in October trailed July surplus of $28.7 billion. For the ten months to October, surplus declined 6.7%.
- Marcus Jacob
- 10 Nov, 2010
- New York City
Stocks in Japan traded higher on the rise in banks, exporters and resource companies. World leaders are increasingly at odds in how to solve the growing financial flows imbalance and are not expected find common ground at G20 meeting.
- Devan Biswas
- 09 Nov, 2010
- New York City
U.S. indexes declined at close and commodities advanced. Indexes in Europe closed higher and Asian markets closed mixed. European Union regulators fined nearly 800 million euros eleven airlines for coordinating security and fuel fees after 2001 terrorist attacks.
- Bikram Pandey
- 09 Nov, 2010
- New York City
U.S. stocks traded mixed. Akamai Technologies plunged 4% after Netflix Inc dropped the company as its service provider. Atlas Energy Inc soared 35% after Chevron offered $3.2 billion for the company. Priceline.com and McDermott International surged after posting better than expected earnings.
- Marcus Jacob
- 09 Nov, 2010
- New York City
UK total production output increased 3.8% in September. Trade deficit decreased in the month to
- Bikram Pandey
- 09 Nov, 2010
- New York City
Market indexes in Europe closed higher as the dollar declined and earnings lifted the sentiment. Munich Re lifted its earnings estimate and Hermes SCA and Deutsche Post reported better than expected earnings.
- Bikram Pandey
- 09 Nov, 2010
- New York City
U.S. stocks traded mixed as the dollar declined and commodities prices gained. Chevron Corp agreed to acquire Pennsylvania based Atlas Energy Inc for $3.2 billion and assume $1.7 billion in long term debt. Priceline.com and McDermott International gained on better than expected earnings.
- Nigel Thomas
- 09 Nov, 2010
- New York City
Poland government successfully sold 64% stake in the Warsaw Stock Exchange and raised $420 million. The Warsaw Stock Exchange rose as much as 23% on the first day in trading.
- Mukesh Buch
- 09 Nov, 2010
- New York City
Stock in Mumbai rose. Apollo Hospitals rose 0.2% after net profit rose 45.5%. State Bank of India plunged 4.4% after the largest bank in India reported flat profit. Sundram Fasteners gained 3% after net profit soared 63.5%. Thermax acquired European boiler manufacturer for 29.5 million euros.
- Marcus Jacob
- 09 Nov, 2010
- New York City
Stocks in China region declined ahead of new foreign funds restrictions and property lending curbs. The yuan strengthened against major currencies. Banks and property developers fell. Investors are increasingly factoring higher inflation in China.
- Nigel Thomas
- 09 Nov, 2010
- New York City
Stocks in Tokyo trading declined as the yen hovered near recent highs and companies report mixed earnings. Current account surplus in September soared 24% as exports surged 16%. Acom Co lowered its full year outlook and Isetan Mitsukoshi net plunged 90%.
- Bikram Pandey
- 08 Nov, 2010
- New York City
U.S. stocks closed lower and the dollar edged higher and gold and silver continue to trade at record levels. Chrysler Group LLC reported smaller loss in the third quarter. European markets closed mixed but after the close Ireland said it will honor its debt. SEC looks to throttle program trading.
- Bikram Pandey
- 08 Nov, 2010
- New York City
U.S. stocks traded lower. Ashland surged 10% after the company agreed to sell its distribution division to TPG. Warner Chilcott declined 10% after it estimated lower sales next year. Radian Group fell on investigation and convertible bonds offering. CommScope gained on the prospect of a rival bid.
- Nigel Thomas
- 08 Nov, 2010
- New York City
Stocks in London declined as commodities prices gained and the dollar edged higher against the euro but declined to the pound. Gartmore Group Ltd plunged after star managers leave the company and the management seeks a buyout candidate. Banks close lower.