- Arthi Gupta
- 10 Aug, 2010
- New York City
The UK indexes decline after worries that imports fell in China. Commodities declined and resource stocks followed. The UK trade deficit narrowed and home prices surged in June. Irish manufacturing output growth slows in June. BP Plc makes initial deposit of $3 billion in oil spill escrow trust.
- Arthi Gupta
- 10 Aug, 2010
- New York City
The European indexes fall after China said imports grew at the slowest pace indicating that the economy may be slowing down. German wholesale price inflation rises 5.3% in July. French industrial production decelerates in June. GDF Suez agrees to merge with International Power.
- Chandrasekhar Atreya
- 10 Aug, 2010
- New York City
Stocks in Mumbai closed lower after fluctuating several times tracking losses in Asia. Government reduced the mandatory requirements of shareholding for state-owned public companies to 10% from 25%. Mumbai port remains closed for the second day after an accident-led oil spill.
- Arthi Gupta
- 10 Aug, 2010
- New York City
U.S. stocks trade lower after second quarter productivity fell 0.9%. BP Plc forms Gulf of Mexico oil spill escrow trust with the initial deposit of $3 billion. Skype plans for $100 million IPO. KKR cancels public offering of $500 million of common units.
- Chandrasekhar Atreya
- 10 Aug, 2010
- New York City
Stocks in China region tumbled on liquidity concerns, property prices grew at a slower pace ad July trade surplus and exports surged. West China Cement to seek IPO in Hong Kong after delisting from London.
- Chandrasekhar Atreya
- 10 Aug, 2010
- New York City
Stocks in Japan dropped on reports of slowing imports by China. Bank of Japan kept key rate unchanged and the Japanese government left its outlook for local economy in August the same but lowered the assessment on China.
- Chandrasekhar Atreya
- 10 Aug, 2010
- New York City
Stocks in Australia fell after China reported weaker-than-expected imports. Business confidence fell to its lowest level in a year. Consortium of eleven miners increases offer for QR Ltd. Transurban completes acquisition of Lane Cove Tunnel.
- 123jump.com Staff
- 09 Aug, 2010
- New York City
U.S. stocks rebounded from the early lows and copper and wheat jumped. Resource stocks traded higher in New York and London trading. The dollar edged higher. China expands the scope of its bank stress test and UK looks for ways to increase lending to small businesses. Exports slow in Japan.
- 123jump.com Staff
- 09 Aug, 2010
- New York City
U.S. stocks traded higher and majority stocks in the Dow and S&P 500 index gained. Digital Globe Inc and GeoEye Inc surged after U.S. intelligence agency awarded contracts worth $7.3 billion. Hewlett Packard dropped after it ousted its chief executive. Berkshire Hathaway quarterly net to drop.
- Arthi Gupta
- 09 Aug, 2010
- New York City
The UK indexes climb after resource stocks lead gainers. Six UK banks form a taskforce to facilitate business credit lending. AstraZeneca agrees for $198 million settlement in Seroquel product liability litigation. Costain Group wins
- Arthi Gupta
- 09 Aug, 2010
- New York City
The European indexes trade higher after a rise in resource and bank stocks. Fitch affirms Romania''s debt with a stable outlook. Euro-zone investor confidence soars in August. German trade surplus and export growth rises in June. Spanish corporate bankruptcies decline in the second quarter.
- Chandrasekhar Atreya
- 09 Aug, 2010
- New York City
Sensex index in Mumbai gained 1.4% tracking gains in international markets. Real estate developers led gainers and India Bulls won Mumbai land auction for $330 million price. Life Insurance Corporation plans to invest as much as $5 billion in financial markets.
- Chandrasekhar Atreya
- 09 Aug, 2010
- New York City
Stocks in China region gained after trading volatile in the session. China regulators start stress tests that include sharp fall in home prices and a decline in earnings at steel and cement makers. SFC in Hong Kong permits yuan-dominated fund. China cancels preferential power prices.
- Chandrasekhar Atreya
- 09 Aug, 2010
- New York City
Stocks in Japan dropped on slowing export growth and worries that a slowdown in China may affect exports in the second half. Trade surplus drops unexpectedly in June. Toyota starts Tacoma output at its Texas facility. Itochu Corp acquires 2.75% stake in Aston Resources Pty Ltd.
- Arthi Gupta
- 09 Aug, 2010
- New York City
U.S. stocks advance after positive economic data in the euro-zone. BP estimates permanent sealing of leaking well by August 15. Chrysler quarterly loss narrowed on 22% increase in worldwide unit sales. DigitalGlobe concludes $3.55 billion EnhancedView agreement with NGA.