- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 31 May, 2010
- New York City
The benchmark index in Mumbai trading rose marginally after fluctuating between gains and losses four times in the morning. The index gained a little after the Central Statistics Organization reported today that the GDP expanded 8.6% in the quarter ending March from a year earlier.
- Chandrasekhar Atreya
- 29 May, 2010
- New York City
Shell is expanding its portfolio in North American tight gas positions with new acquisitions in high-potential US shale gas acreage in Marcellus Shale and Eagle Ford plays.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 28 May, 2010
- New York City
UK stocks rebound led by positive gains from retailers but consumer confidence wanes. Shell acquires East Resources Inc. for $4.7 billion. Travis Perkins discusses
- Mayank Mehta
- 28 May, 2010
- New York City
Baker Hughes Incorporated led the decliners in the S&P 500 index with a loss of 6.6%. Ener1 agrees to joint venture with Wanxiang. Guess profit up 55%. J. Crew posts higher profit. Novell reports 28% profit gain.
- Arthi Gupta
- 28 May, 2010
- New York City
Toys ""R"" Us, Inc. announced that it has filed a preliminary registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of up to $800 million of its common stock.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 28 May, 2010
- New York City
European stocks decline amidst concerns on U.S. economic data. Spanish Parliament approves public sector spending cuts. Swedish economic growth accelerates in the first quarter. Greece producer price inflation rises 9.8% in April.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 28 May, 2010
- New York City
U.S. and world stocks advanced on optimism about global economic recovery. Most Asian and European markets soared after China calmed market nerves. U.S. personal income rises 0.4% in April. Prudential seeks lower terms for AIG
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 28 May, 2010
- New York City
Stocks in Sydney continued their advance for the second day in a row on the global optimism and positive comments from China. Virgin Blue lowered its profit outlook but Qantas kept its estimate but cited weaker performance in international segment.
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 28 May, 2010
- New York City
The indexes in Japan gained led by commodities, after shares surged in Europe and US after China rejected media speculation that it may lower its foreign reserve holdings in the euro-zone debt. The yen weakened.
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 28 May, 2010
- New York City
Indian rupee strengthened on a global rally led by Asian stocks and improved investor risk appetite in emerging markets. The benchmark index also gained after closing at a three-month low on May 25.
- Mayank Mehta, Chandrasekhar Atreya and Darlington Musarurwa
- 28 May, 2010
- New York City
Hong Kong stocks advanced while Shanghai Composite Index trimmed gains and fluctuated as property stocks and banks dropped while drug-makers traded higher on the prospect of increased government spending.
- Arthi Gupta
- 28 May, 2010
- New York City
British insurer Prudential Plc confirmed today that it is renegotiating with American International Group Inc. regarding purchase terms of AIG''s Asian insurance unit, American International Assurance Co. Ltd. or AIA.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 27 May, 2010
- New York City
Stocks in New York and Europe soared on positive news on earnings and economic austerity measures. Spain won parliament approval to cut spending and Italy prepares to eliminate $30 billion in spending. China rejected media speculation that may divest or shift away from euro-zone debt.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 27 May, 2010
- New York City
European indices rose 2% as China denied media speculation on its foreign debt holdings. Inflation in Germany increased 1.2% in May and French consumer confidence continued its downward trend in the month. Italian hourly wages increased 0.3% in April.
- Arthi Gupta, Mayank Mehta and Sanjay Barot
- 27 May, 2010
- New York City
UK stocks surged tracking gains in Europe and the U.S. after China denied media speculation that it may cut its holdings of European government bonds. U.K. retailers expect sales to fall in June. Weir Group, Mitsubishi Heavy Industries sign cooperation agreement.