- Mukesh Buch
- 11 Nov, 2009
- New York City
U.S. stocks are expected to open higher. China retail sales and industrial production increased surged in October. Japan machinery orders rose in September and are expected to show its first quarterly gain in two years. European banks gained after reporting better than expected earnings.
- 123jump.com Staff
- 10 Nov, 2009
- New York City
Stocks in Shanghai and Hong Kong gained tracking the international markets rise after a statement from G-20. The fund flows continue in the Hong Kong stock and property markets. China reported a rise in property prices increased 3.9% in October across seventy largest cities.
- Darlington Musarurwa
- 10 Nov, 2009
- New York City
Stocks in Japan closed higher led by a rise in domestic banks. Comments from regulators suggested a flexible approach for the capital adequacy at local banks. Government is preparing a supplemental budget of 3 trillion yen. Government plan to rescue JAL is likely to be ready by Friday.
- Darlington Musarurwa
- 10 Nov, 2009
- New York City
Stocks in Sydney gain after Australian business confidence rises in October. Australian banks imposing tighter lending conditions. Australian dollar edged to its high of the year.
- Mayank Mehta
- 10 Nov, 2009
- New York City
European markets closed mixed after two UK banks reported diverging views of earnings and loan losses. European banks closed lower. E.ON agreed to sell its German power network to Tennet BV of Holland. Volkswagen fell after Qatar plans to sell preferred stocks.
- Mukesh Buch
- 10 Nov, 2009
- New York City
U.S. stocks traded lackluster after the bond guarantor MBIA reported quarterly loss. Fluor declined 7.5% after it lowered its annual earnings outlook. Energy and agriculture commodities closed lower. European markets closed mixed as the dollar edged higher.
- Mayank Mehta
- 10 Nov, 2009
- New York City
UK stocks were flat after HSBC and Barclays indicated diverging results. Schroders Plc assets under management increased more than expected. Yell Group plans to raise
- 123jump.com Staff
- 10 Nov, 2009
- New York City
MBIA Inc led the decliners in the S&P 500 index with a loss of 17.0%. Arena Pharmaceuticals, Inc almost halves third quarter net loss. Electronic Arts Inc quarterly loss widens and announces 1,500 lay-offs. Melco Crown Entertainment plunges 14%.
- Trupti Mehta
- 10 Nov, 2009
- New York City
Barclays and HSBC reported sharply divergent outlooks. HSBC indicated better than a year ago quarterly results and Barclays net dropped in the three months to September. Electronic Arts net loss widens. JA Solar swung to a quarterly profit.
- Mayank Mehta
- 10 Nov, 2009
- New York City
World markets inch higher on the second day after G-20 statement. Earnings were in focus after HSBC and Barclays indicated diverging outlooks. Electronic Arts quarterly net loss widens. U.S. stocks traded sideways as U.S. Treasury bonds edged up.
- Darlington Musarurwa
- 09 Nov, 2009
- New York City
Hong Kong stocks gained as investors pour money into real estate and stocks forcing HKMA to inject liquidity and prevent the HK dollar from rising. China increase fuel prices by as much as 8%. Chinese banks were warned of uncontrolled lending.
- Darlington Musarurwa
- 09 Nov, 2009
- New York City
Japan foreign currency reserves rise to $1.05 trillion in October. Property and casualty insurance stocks rise after Mitsui Sumitomo and Aioi Insurance lift annual earnings outlook. Softbank Mobile leads the industry with net new subscribers of 97,500. JAL executives to forgo December pay.
- Darlington Musarurwa
- 09 Nov, 2009
- New York City
Stocks in Australia surged in a rally in Asian markets after the release of G-20 statement on Sunday. Australian home loan approvals rise 5.9% in September. Australia job adverts drop 1.7% in October. AXA Asia Pacific Holdings rejects A$11.04 billion bid from AMP.
- Mukesh Buch
- 09 Nov, 2009
- New York City
U.S market indexes gained 2% after commodities gained and investor bid up industrial and technology stocks. The statement from G-20 nation reassured markets that stimulus will stay in place. U.S. Treasury starts weekly bond auction for $81 billion. Sprint Nextel surges 20%.
- Mayank Mehta
- 09 Nov, 2009
- New York City
European markets closed higher after G-20 meeting. Investors bid up stocks and commodities in Europe on the expectations that the current stimulus will remain in place. Allianz reported sharply higher earnings as markers rebound.