- Chandrasekhar Atreya
- 14 Oct, 2010
- New York City
Stocks in Japan surged for the first time in four days tracking a rally in overseas markets and the yen continued to rise. Tobacco shipments soar in September ahead of effective tax increase on November 1.
- Chandrasekhar Atreya
- 14 Oct, 2010
- New York City
Australian shares gained more than 1.7% led by banks and miners as the Australian dollar neared parity. Business demand for credit dropped in the quarter to September. HSBC
- Devan Biswas
- 13 Oct, 2010
- New York City
U.S. stocks surged after JPMorgan Chase, CSX Corp and Intel reported better than expected earnings. The dollar declined further against the euro, the yen and the pound. Gold surged to a new record high and crude oil inched to $83 a barrel.
- Bikram Pandey
- 13 Oct, 2010
- New York City
U.S. stocks traded sideways in a choppy trading. CSX Corp traded higher after the rail network operator reported higher than expected earnings. Intel and JPMorgan Chase edged lower after reporting earnings. MGM Resorts plunged nearly 10% after it plans to raise as much as $500 million.
- Arthi Gupta
- 13 Oct, 2010
- New York City
The UK indexes rose after U.S. Fed comments and a rally that lifted world markets. Resource stocks closed higher. The UK consumer confidence deteriorated in September and unemployment fell but claimant count rose. Standard Chartered planned rights issue and raise as much as
- Arthi Gupta
- 13 Oct, 2010
- New York City
The European indexes soared after euro-zone industrial production rose 1% in August and U.S. stocks climbed. French consumer prices fell unexpectedly and inflation accelerated in September. Greek import price inflation slowed in August.
- Arthi Gupta
- 13 Oct, 2010
- New York City
U.S. stocks gained after the Fed comments and upbeat earnings from Intel and JPMorgan. U.S. import prices declined 0.3% and export prices rose 0.6% in September. Intel earnings rose 59% and JPMorgan Chase earnings surged 23%.
- Chandrasekhar Atreya
- 13 Oct, 2010
- New York City
Stocks in Mumbai surged after foreign investors continued to increase stakes and the strength in the international markets. Coal India Ltd expects to raise as much as $3.8 billion in a public offering on strong demand form global investors.
- Chandrasekhar Atreya
- 13 Oct, 2010
- New York City
Stocks in China region rose after mainland China exports surged and foreign exchange reserves reached a record in September. China regulator vows to stop speculative money inflows. Hong Kong proposes to increase land supply for projects.
- Chandrasekhar Atreya
- 13 Oct, 2010
- New York City
Japanese stocks moved in a narrow range to close little changed. The yen weakens for the first time in five days but stayed near 15-year highs. Used automobiles sales surge in September after the subsidies expired. Japan asks China and South Korea to act in concert to ensure stability of the yen.
- Chandrasekhar Atreya
- 13 Oct, 2010
- New York City
Stocks in Australia stayed little changed after fluctuating several times. Consumer confidence rises in October. Resource stocks are expected to rise as iron ore prices increase ahead of rebuilding of stocks in China. Australian banks have sufficient capital to withstand 40% decline in home prices.
- Devan Biswas
- 12 Oct, 2010
- New York City
U.S. stocks rebounded after the Fed minutes noted its willingness to buy more U.S. Treasuries. Banks and consumer sector stocks closed higher. The dollar struggled as the markets in Asia and Europe closed lower.
- Bikram Pandey
- 12 Oct, 2010
- New York City
U.S. stocks traded lackluster as the dollar edged lower and commodities traded near recent highs. Google Inc increased 1% after it formed a joint venture to distribute electricity. King Pharmaceuticals soared on a takeover agreement with Pfizer.
- Arthi Gupta
- 12 Oct, 2010
- New York City
The UK indexes slid after retail sales growth slackened and home prices fell in September. The UK economy slowed in the third quarter but annual inflation remained at 3.1% in September and trade deficit narrowed in August.
- Arthi Gupta
- 12 Oct, 2010
- New York City
The European indexes gained after German inflation and WPI rose in September. French current account deficit widened in August and Holland recorded trade surplus of