- 123jump.com Staff
- 10 Dec, 2009
- New York City
China took steps to control housing market speculation and imposed additional tax on property that is sold in less than five years. China extended tax rebate for the purchase of automobiles and home appliances. Automakers and electronics retailers increased in Shanghai trading.
- Darlington Musarurwa
- 10 Dec, 2009
- New York City
November unemployment rate decreased 0.1% to 5.7%. Export earnings from mineral resources in three months to September declined 2% as the Australian dollar strengthens. Santos Ltd declined 5% after it guided lower output in 2010.
- 123jump.com Staff
- 10 Dec, 2009
- New York City
Machinery orders in Japan increased 3.2% in October and orders fell 4.5% excluding volatile power machinery orders. The Bank of Japan plans to offer short term lending of 800 billion yen and accept government bonds as collateral.
- Mayank Mehta
- 10 Dec, 2009
- New York City
Markets in Europe stabilized today but face a heightened stress from the possible fallout from Greece and Ireland. German federal deficit in 2010 is expected to increase to 6% of GDP. Inditex nine months net declines. Daimler AG and its workers reach an agreement to maintain jobs till 2013.
- Mayank Mehta
- 10 Dec, 2009
- New York City
UK stocks edged higher after the Bank of England left its key lending rate at 0.5%. The central bank also left its plan to purchase
- Mayank Mehta
- 10 Dec, 2009
- New York City
AOL Inc declined 2.5% after it was spinoff from Time Warner Inc. Ciena Corp declined after its quarterly loss increased. Costco Wholesale Corp fiscal first quarter net meets analysts
- Mayank Mehta
- 10 Dec, 2009
- New York City
Wholesale price index at the end of last week increased and food price index surged the most in eleven years. RBI Governor Rao does not see foreign capital flows contributing to asset bubble and the central bank permitted telecom and builders to access capital in international markets.
- 123jump.com Staff
- 10 Dec, 2009
- New York City
U.S. stocks open higher after weekly jobless claims stabilize and trade deficit declined in October. The Bank of England left its key lending rate at 0.5% and kept in place its bonds purchase plan. Korea and Iceland lowered their lending rates.
- 123jump.com Staff
- 10 Dec, 2009
- New York City
The Bank of England left its key rate to 0.5% and its
- Darlington Musarurwa
- 09 Dec, 2009
- New York City
Mortgage loans in Australia fell 1.4% in October to A$23.3 billion and trade deficit in the month grows to A$2.4 billion. Preliminary estimate of consumer confidence falls 3.8% in December.
- Darlington Musarurwa
- 09 Dec, 2009
- New York City
The fiscal second quarter economic growth was revised downward to annual rate of 1.3% from 4.8% in the previous estimate. Japan plans to issue 44 trillion yen bonds in 2010. Suzuki sold 20% stake in Volkswagen AG and plans to use part of the proceeds to repay debt.
- 123jump.com Staff
- 09 Dec, 2009
- New York City
Crude oil closed lower today and has now fallen more than 12% in the last fifteen days. Gold and U.S. Treasuries edged lower. U.S. stocks closed higher despite worries that emerging markets may suffer another debt downgrade.
- Mayank Mehta
- 09 Dec, 2009
- New York City
The weakness in banks dragged European markets lower at close. Investors fear that debt downgrades at Spain, Europe and emerging nations may generate more losses at banks. VW and Suzuki finalized their cross-investment and joint collaboration.
- Mayank Mehta
- 09 Dec, 2009
- New York City
UK plans to tax banker bonuses with 50% levy and will also increase national insurance contributions to pay for the bank bailout and economic stimulus. BHP Billiton sells Ravensthorpe for $340 million.
- Mayank Mehta
- 09 Dec, 2009
- New York City
Dr Pepper Snapple will receive one time payment of $900 million to license certain brands to PepsiCo. Movado Group plunged after it reported sharply lower quarterly earnings. Kroger and Men