- Chandrasekhar Atreya
- 08 Sep, 2010
- New York City
Stocks in Japan dropped as the yen continued to rise and the Bank of Japan cited modest economic recovery. Yen traded at the high last seen since May 1995. Core machinery orders and current account surplus surged in July. Toyota recalls continue and extend to Australia.
- Chandrasekhar Atreya
- 08 Sep, 2010
- New York City
Stocks in Australia closed fractionally lower. Prime Minister Gillard commits to regional infrastructure plan worth A$800 million. Home approvals rose more than expected in July. Toyota recalls HiLux cars in Australia.
- Bikram Pandey
- 07 Sep, 2010
- New York City
U.S. stocks and sovereign bonds of peripheral European nations dropped. Resurgent economic worries in the U.S. and Europe drove the trading sentiment. Gold edged higher 0.7% and oil added 0.8%. Resource stocks in Australia fell after Labor government inched closer to form a minority government.
- Devan Biswas
- 07 Sep, 2010
- New York City
Oracle Corp surged more than 5% after the company hired ex-CEO of Hewlett Packard. Casey
- Arthi Gupta
- 07 Sep, 2010
- New York City
The UK indexes slipped after banks and mining stocks fell. Retail sales were boosted by back to school shopping in August. HSBC Chairman agreed to step down to become UK Trade Minister. Sports Direct International plc soared 3.6% after quarterly sales increased 8.8%.
- 123jump.com Staff
- 07 Sep, 2010
- New York City
The women''s apparel and accessories maker net quarterly sales declined 2.1% to $127.42 million on comparable store sales fall of 3.4%. Net income in the quarter was $2.05 million or 2 cents per diluted share compared to a loss of $0.32 million or breakeven per share last year.
- Arthi Gupta
- 07 Sep, 2010
- New York City
The European indexes fell after German factory orders slid in July. Ten largest German banks may need to raise as much as
- Arthi Gupta
- 07 Sep, 2010
- New York City
U.S. stocks declined on global economic worries. Obama proposed $50 billion plan to stimulate the economy. Airgas board considering revised $65.50 per share bid of Air Products. ResCare to be acquired by Onex Partners for $13.25 per share.
- Chandrasekhar Atreya
- 07 Sep, 2010
- New York City
Stocks in Mumbai extended gains for the second day. Oilex of Australia strikes large reserves of gas in Gujarat. Indian Oil to expand its refinery production by 25% in North India. UAE based Etisalat may invest in Idea Cellular.
- Chandrasekhar Atreya
- 07 Sep, 2010
- New York City
Stocks in China rallied led by steel makers after the government ordered the closure of energy inefficient mills. Home buying momentum rebounds after effects of property curbs wear off. China is set to become the world
- Chandrasekhar Atreya
- 07 Sep, 2010
- New York City
Stocks in Japan declined after rising for four days in a row as Bank of Japan left its key lending rate at 0.1%.The rates are on hold since December 2008. Foreign exchange reserves rise in August to $1.07 trillion, third month of increase and to the second highest on record.
- Chandrasekhar Atreya
- 07 Sep, 2010
- New York City
Stocks in Australia stayed little changed after the central bank extended its interest rate pause. Prime Minister Julia Gillard gets the support needed to form a minority government. Construction activity remained weak in August.
- Devan Biswas
- 06 Sep, 2010
- New York City
Markets in Europe closed fractionally higher and in Asia surged tracking gains in New York. Commodities closed higher in London and the dollar edged higher against the euro. Gold edged lower. Euro zone investor confidence index declined. China said the dollar is 65% of its foreign reserves.
- Arthi Gupta
- 06 Sep, 2010
- New York City
The UK indexes rose after manufacturing output and orders soared in the third quarter. The UK new car registrations fell in August. Renewable Energy agreed to sell German wind farms for
- Arthi Gupta
- 06 Sep, 2010
- New York City
The European markets gained after German construction index surged in August. The IMF Chief Economist estimated weak economic growth in the U.S. and Europe. Euro-zone investor confidence declined, Finland auto sales increased but Czech retail sales declined.