- Arthi Gupta
- 13 Jan, 2011
- New York City
U.S. stocks fell after weekly jobless claims surged, producer prices rose more than estimated and trade deficit unexpectedly narrowed. Spain and Italy successfully completed bond auctions. U.S. foreclosure filings rose 2% in 2010. Rates on hold in UK and Europe.
- Chandrasekhar Atreya
- 13 Jan, 2011
- New York City
Stocks in Mumbai fell 1.8% as the latest wholesale inflation price index increased 0.3%. IndiGo placed a $15.6 billion order for 180 Airbus 320 to be delivered between 2016 and 2025. Abhijeet Power plans Rs 1,500 crore IPO in February.
- Chandrasekhar Atreya
- 13 Jan, 2011
- New York City
Shanghai stocks rally led by oil refiners and airlines on rising yuan and crude oil price. Property developers
- Chandrasekhar Atreya
- 13 Jan, 2011
- New York City
Japanese stocks rally for the fifth day in a row led by bankers and closed at 8-month high. The Nikkei index is up 16% in the last three months. Prime Minister Naoto Kan plans to reshuffle his cabinet on Friday. Machinery orders fall for the third month in a row in November.
- Chandrasekhar Atreya
- 13 Jan, 2011
- New York City
Stocks in Sydney posted the largest one-day gain in 2011 as flood waters abate and record jobs data. QR National plans to open next week, the Blackwater Coal line used by BHP and Rio Tinto. Santos confirms its investment of $16 billion in Gladstone LNG project in Queensland.
- Bikram Pandey
- 12 Jan, 2011
- New York City
U.S. stocks rallied tracking gains in Europe after Portugal completed debt sale. Investors appeared relieved after the debt sale from Greece and Italy. German economy expanded at the fastet pace since reunification. The euro gained and crude oil traded near $92 a barrel.
- Mukesh Buch
- 12 Jan, 2011
- New York City
American International Group agree to sell its 97.6% interest in Nan Shan Life Insurance for $2.16 billion in cash. Cliffs Natural agreed to acquire Canada based Consolidated Thompson for $4.9 billion. ITT boar approved to split in three companies. Synnex Corp fourth quarter revenue increased 12.3%.
- Arthi Gupta
- 12 Jan, 2011
- New York City
The UK indexes climbed after euro area sovereign debt concerns eased with the successful bond auction in Portugal. The UK retail price inflation rose and trade deficit widened. Irish consumer confidence fell in December. Henderson agreed to buy Gartmore for $525 million.
- Arthi Gupta
- 12 Jan, 2011
- New York City
The European indexes soared after Portugal bond auction raised
- Arthi Gupta
- 12 Jan, 2011
- New York City
U.S. indexes edged higher after import and export prices rose and Portugal completed debt sale at a yield lower than expected. Cliffs Natural agreed to acquire Consolidated Thompson for C$4.9 billion. AIG sold stake in Nan Shan for $2.16 billion to Ruen Chen.
- Chandrasekhar Atreya
- 12 Jan, 2011
- New York City
Stocks in Mumbai rebound 1.7% after six days of decline led by realty and banking sectors. Fifth investment summit in Gujarat draws usual platitudes and project announcements of multi-billion dollars. Bharti Airtel and State Bank of India set us a venture to facilitate mobile phones based banking.
- Chandrasekhar Atreya
- 12 Jan, 2011
- New York City
Shanghai stock indexes rally 0.5% led by developers and banks. Civil aviation industry reports a 37% profit increase in 2010. Consumer confidence in the fourth quarter dipped to a year
- Chandrasekhar Atreya
- 12 Jan, 2011
- New York City
The Nikkei index inched higher to reach its eight-month peak and the euro gained against the yen. Japan
- Chandrasekhar Atreya
- 12 Jan, 2011
- New York City
Stocks in Sydney traded in a narrow range to close marginally higher. Third largest Australian city Brisbane comes to a halt as flood waters are expected to swell. Caltex closes its refinery in Brisbane. November home loan approvals reach the highest in 2010.
- Bikram Pandey
- 11 Jan, 2011
- New York City
U.S. stocks edged higher after Alcoa, Sears and Lennar meet or exceed investors