- Darlington Musarurwa
- 28 Dec, 2009
- New York City
Stocks in Japan and Asia traded higher on improved sentiment and sustained economic recovery in the region. Factory production in Japan increased for the ninth month in a row and the Japan estimated economic expansion in the next fiscal year of 1.4%. The steelmaker JFE Holdings said Asian demand is ahead of capacity.
- 123jump.com Staff
- 28 Dec, 2009
- New York City
Stocks in Shanghai rose after comments from Chinese Premier Jiabao. China to resist pressures to appreciate the currency and will look for ways to curb the current property market boom. Hong Kong stocks fell after weaker than expected land auction.
- 123jump.com Staff
- 28 Dec, 2009
- New York City
U.S. stocks trade higher after holiday spending estimate suggested solid retail spending during the holiday season. European and Asian markets advance on the optimism that economies are recovering and the current quarter earnings are better than expected. The dollar held firm but the real edged up.
- 123jump.com Staff
- 25 Dec, 2009
- New York City
Russia lowered its key lending rate by 25 basis points. The tenth rate cut comes after the economy shrank at record 10% in the first half and is expected to decline more than 8% in the year. Rubles edged up against the dollar and the euro and the central bank said risks of inflation above the target rates are small.
- 123jump.com Staff
- 25 Dec, 2009
- New York City
Financial markets in Japan and China closed lower when most markets around the world are closed to celebrate Christmas. China revised its 2008 economic growth higher and is set to surpass Japan in 2010. Japan passed record $1 trillion budget.
- Mayank Mehta
- 25 Dec, 2009
- New York City
Japan passed its record net fiscal year budget of $1 trillion that will lower spending on construction projects and provide more assistance to families and increase spending on education. Unemployment rate increased in November to 5.2% and consumer prices decreased 1.7%.
- 123jump.com Staff
- 24 Dec, 2009
- New York City
Shanghai and Hong Kong benchmark indexes trade higher. Rising commodities prices lift energy and natural resource and metals processor stocks. In Hong Kong property developers rise ahead of land auction next week. Shanghai stocks rally on a speculation that income tax will be lowered to spur consumption.
- Darlington Musarurwa
- 24 Dec, 2009
- New York City
Stocks in Australia gained after copper and gold advanced in international markets. Centro Properties appoints restructuring advisors. Warrnambool Cheese receives two proposals that value the company at A$4 a share. Woodside Petroleum keels nine leases in Browse natural project.
- Darlington Musarurwa
- 24 Dec, 2009
- New York City
Stocks in Japan traded higher as investors return to buy stocks on the hopes that the U.S. economy is stabilizing. Bank of Japan Governor Shirakawa said that the economy may stall in the second half of the current financial year. Domestic PC shipments rise 4.8% in November.
- Mukesh Buch
- 24 Dec, 2009
- New York City
Markets around the world edged higher in light trading ahead of holiday period in Europe and Americas. U.S. stocks closed up in a short trading session on a rise in durable goods orders. Asian markets lead the world markets gains for the year. Apple Inc gains more than 3% on tablet rumors.
- Mayank Mehta
- 24 Dec, 2009
- New York City
Foreign direct investment in India gained in November and portfolio investment in the year approached record 2007 flows. Initial public offerings raised $16 billion, trailing only China. Industrial production in key six industries increased 5.3% in the previous month from a year ago.
- Mayank Mehta
- 24 Dec, 2009
- New York City
Alcatel-Lucent selected by Kyivstar GSM for All-IP network transformation in Ukraine. The U.S. drug regulator FDA licenses Sanofi-aventis subsidiary''s new influenza vaccine. The benchmark indexes in Paris and London closed near 15 month high and other markets in Europe were closed.
- Mayank Mehta
- 24 Dec, 2009
- New York City
The UK benchmark index added to the gains of the year with 22% rise so far and 53% from its lows in March. Miners led the gainers today with copper, nickel and gold prices edging higher. Balfour Beatty to acquire Strata Construction for
- Mayank Mehta
- 24 Dec, 2009
- New York City
Natural resource stocks gain in New York trading on a rise in copper and gold prices. Health insurers declined after the Senate passed its version of healthcare bill. Crane Co acquires the electronics components maker for $52 million Merrimac Industries, Inc.
- 123jump.com Staff
- 24 Dec, 2009
- New York City
Tech stocks led the gainers in New York trading following the advances in Europe and Asia. The dollar edged up and futures of crude oil and gold traded higher. Weekly jobless claims in the U.S. declined and November durable goods orders increased.