- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 16 Jun, 2010
- New York City
Stocks in Japan advanced for the fifth consecutive day today after the Federal Reserve Bank of New York said its general economic index of manufacturing rose for the 11th consecutive month in June, adding to the buoyancy in the market.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 16 Jun, 2010
- New York City
Resource tax on super profits will not be changed from 40% and set at different levels for different commodities, Resources Minister Martin Ferguson said, as companies sought a compromise on the tax
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 15 Jun, 2010
- New York City
The UK indexes gain after annual inflation dips to 3.4% in May. Fitch slashes BP Plc rating. British Sky Broadcasting rejects News Corp''s buyout offer.
- Mayank Mehta
- 15 Jun, 2010
- New York City
Best Buy Co., Inc. led the decliners in the S&P 500 index with a loss of 5.2%. FactSet Research net income rises slightly. FelCor announces public offering of common stock.
- Chandrasekhar Atreya
- 14 Jun, 2010
- New York City
Cablevision Systems Corp has agreed to buy Bresnan Communications Co, owned by Providence Equity Partners Inc, in a definitive agreement for $1.365 billion to expand its services in the western U.S.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 15 Jun, 2010
- New York City
European markets rebound after Moody''s lowered its rating on Greece bonds to Ba1 from A3 or ""junk"" status, amid continued financial concerns for the country but offered a stable outlook.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 15 Jun, 2010
- New York City
U.S. stocks trade higher despite Moody''s downgrading of Greece''s debt rating to ""junk"" status. U.S. import prices fall 0.6% in May. BSkyB rejects News Corp.''s buyout offer. Fitch Ratings downgrades BP Plc ratings and Obama pledges to press BP Plc for swifter spill damage payments.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 15 Jun, 2010
- New York City
The Indian cabinet today approved sale of 10% stake in two state-owned units, Coal India Ltd and Hindustan Copper Ltd as part of it plan to disinvest stake in some 35 state-owned companies.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 15 Jun, 2010
- New York City
China Banking Regulatory Commission said in its annual report published on its Web site that it is seeing growing credit risks in the real estate industry and warned that non-performing loans could pose a threat to the economy.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 15 Jun, 2010
- New York City
Australian dollar fell today, snapping its five day against the greenback and its highest rate since May, after the central bank said Europe
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 15 Jun, 2010
- New York City
The Bank of Japan has decided to offer as much as 3 trillion yen as loans to companies through banks in an effort to boost the economy. The loans will be for four years and applications from banks will be accepted through March 2012 at the benchmark interest rate, it said in a statement today.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 14 Jun, 2010
- New York City
Annual rate of inflation measured in wholesale price index increased to 10.16% in May compared to 2.67% for a year ago. The index increased 1.7% to 258.1 from 253.7 in April as per a government report released in New Delhi today.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 14 Jun, 2010
- New York City
China and Taiwan have agreed to boost trade between mainland China and Taiwan, after the third round of talks ended in Beijing yesterday. China will reduce tariff on about 500 items coming in from Taiwan and in the reverse direction Taiwan will reduce tariff on about 200 items.
- Mayank Mehta, Chandrasekhar Atreya and Sanjay Barot
- 14 Jun, 2010
- New York City
Stocks in Japan gained for the third day today after a government report showed an improved outlook in the country for capital spending and increased consumer confidence in the world
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 14 Jun, 2010
- New York City
The UK markets climb on rising commodity prices. UK-based Weir Group to buy Malaysia-based Linatex group of companies. Majestic Wine quarterly profits surges 242%.