- Chandrasekhar Atreya
- 02 Aug, 2010
- New York City
Stocks in China region rose extending the best monthly gain in one year on policy outlook. China overtakes Japan as the world
- 123jump.com Staff
- 02 Aug, 2010
- New York City
Stocks in Japan gained on earnings outlook. Former central bank deputy governor said targeting inflation is not the correct way to end deflation. Monthly wages rises in June. Sales of cars, trucks and buses rise 15% in July from a year earlier led by Toyota Motor and Honda Motor Co.
- Chandrasekhar Atreya
- 02 Aug, 2010
- New York City
Stocks in Australia traded higher on strong earnings outlook. Housing boom slows in June. Manufacturing activity picks momentum in July. Most exporters do not use hedging as a tool as they expect the Aussie dollar to trade high.
- 123jump.com Staff
- 30 Jul, 2010
- New York City
U.S. economy in the second quarter expanded at a slower pace of 2.4%. Corporate earnings have been ahead of expectations but the economy has lost more than 8 million since 2007. Consumer sentiment index declined in July. Yields on 10-year bonds declined to 2.91%.
- Arthi Gupta
- 30 Jul, 2010
- New York City
The UK stocks decline after disappointing U.S. GDP data and a drop in consumer confidence, fifth monthly decline in a row in July. The financial regulator is ready to expand its authority that covers board remuneration. France based EDF agreed to sell its UK electricity network for $9 billion.
- Mayank Mehta
- 30 Jul, 2010
- New York City
Thoratec Corporation led the decliners in the S&P 500 index with a loss of 16.5%. First Solar posts lower profit and lifts outlook. Amgen reports largely flat earnings. Expedia Inc. second quarter profit soars. Chevron net income triples to $5.4 billion.
- Arthi Gupta
- 30 Jul, 2010
- New York City
The European markets decline amidst concerns of slow economic growth in the U.S. Euro-zone unemployment rate flat at 10% in June and CPI rises 1.7% in July. Moody''s lowers Iceland government bond ratings to negative from stable.
- Darlington Musarurwa
- 30 Jul, 2010
- New York City
U.S. stocks decline after GDP expanded at a slower pace 2.4% in the second quarter from the revised 3.7% rate in the first quarter. Bullard warns U.S. at risk for Japanese-style deflation. The IMF says massive policy response aids U.S economic recovery. Disney agrees to sell Miramax Films.
- 123jump.com Staff
- 30 Jul, 2010
- New York City
Jamaica finalizes the sale of final three sugar refineries to China based Complant International for US$9 million. The deal may pave for the build out of 200,000 tons ethanol refinery that may alleviate the imports of crude oil in Jamaica.
- Chandrasekhar Atreya
- 30 Jul, 2010
- New York City
Stocks in Mumbai fluctuated and closed lower. Textile ministry begins land auction to raise $1.1 billion. UltraTech plans Capex of Rs 12,000 crore in the next five years. Ashok Leyland plans to pick 26% stake in U.K.-based Optare.
- Chandrasekhar Atreya
- 30 Jul, 2010
- New York City
Stocks in China retreated led by financials and steelmakers. China clears the takeover of Volvo Car Corp by Geely Holding. Charles River withdraws takeover offer of WuXi on the investors
- Chandrasekhar Atreya
- 30 Jul, 2010
- New York City
Stocks in Japan fell sharply with as many as 204 stocks retreating in the Nikkei 225 Stock Average on an increase in unemployment and a drop in core consumer price index. Toyota problems mount as recalls continue. Strikes in China affected 32 Japanese firms, a report by Asahi shows.
- Chandrasekhar Atreya
- 30 Jul, 2010
- New York City
Stocks in Australia retreated on cautious outlook at Macquarie Group. GainCorp agrees to buy AWB and form Australia
- 123jump.com Staff
- 29 Jul, 2010
- New York City
Tech stocks were in focus in New York trading after earnings from Akamai, Nvidia and Symantec. Visa Inc, Tesoro Inc and Tyco International were the other leading decliners in trading. European markets closed higher after confidence index rose to 2-year high.
- Arthi Gupta
- 29 Jul, 2010
- New York City
The UK indexes rise on strong earnings. The UK home prices fall in July, mortgage approvals decline and M4 money supply flat in June. UK government asks corporations to abolish fixed retirement age plan as of 2011.