- Marcus Jacob
- 29 Jun, 2015
- New York City
ASX 200 index in Sydney declined more than 2% after Greek worries and financial markets braced for more fallout in the euro zone. Australian dollar declined as investors sought safety in yen and the U.S. dollar.
- Mukesh Buch
- 29 Jun, 2015
- New York City
Asian stock markets slump after Greece closed its banks and imposed capital controls after talks with international lenders failed to win the release of funds. L&T won orders worth $300 million in June. Union home ministry denied security clearance to Sun TV Network.
- Nichole Harper
- 26 Jun, 2015
- New York City
Market indexes on Wall Street struggled to advance in slow trading on Friday and a private measure of consumer confidence index increased to a five-month high. European markets advanced ahead of weekend talks to push Greece in a last ditch effort to an agreement.
- Hiruki Nakamura
- 26 Jun, 2015
- New York City
Nikkei average on Friday extended weekly gains after jobless rate in May was flat and volatile household spending rose for the first time in over a year. The latest economic reading supports the string of relatively weak economic backdrop with the consumer demand falling.
- Mukesh Buch
- 26 Jun, 2015
- New York City
Finish Line net soared 11% on 9% increase in revenues. Micron Technology net plummeted 39%. Methode Electronics net plunged 45%. Nike profit surged 24%. Synnex net climbed 31%.
- Marcus Jacob
- 26 Jun, 2015
- New York City
Australian market indexes traded down and extended weekly losses after iron ore prices declined for the ninth time in the last ten days as traders eye $60 a ton price for China delivery. Bradken plunged 13% after it agreed to an investment deal with a consortium of private equity groups.
- Mukesh Buch
- 26 Jun, 2015
- New York City
RBI warns in its semi-annual report that the asset quality at Indian banks is likely to worsen. Indian government may be forced to inject as much as $3 billion in banks in the current fiscal year.
- Nichole Harper
- 25 Jun, 2015
- New York City
Stocks on Wall Street turned lower on stretched valuations and investors digested jobless claims and consumer spending reports. Consumer spending increased at the fastest pace in six years in May on rising demand for automobiles and other durable goods.
- Hiruki Nakamura
- 25 Jun, 2015
- New York City
Nikkei average in Tokyo closed down and the yen weakened after Greek debt collapsed and U.S. revised its first-quarter economic growth. J. Front Retailing reported first-quarter sales declined 0.1% but estimated sales to rise 2.4% in the first-half.
- Mukesh Buch
- 25 Jun, 2015
- New York City
Accenture lifted fiscal outlook. Barnes & Noble net loss narrowed and revenues plunged 10%. Bed Bath & Beyond net declined 15%. Cree plunged on weak forecast. Lindsay profit tumbled 22%. Shaw Communications net dropped 8%.
- Marcus Jacob
- 25 Jun, 2015
- New York City
Australian indexes traded down nearly 1% and energy and resource sector stocks led decliners. Gold and crude oil prices closed nearly unchanged. Collins Foods, the operator of fast food franchises, reported 30% increase in revenues but swung to a loss in the year.
- Nigel Thomas
- 25 Jun, 2015
- New York City
The UK Government plans to trim its stake for as much as
- Mukesh Buch
- 25 Jun, 2015
- New York City
Prime Minister Modi unveiled three pronged plan to kick off housing projects, build smart cities and provide infrastructure to smaller cities. The ambitious plan calls for government spending of $70 billion over the next seven years. Investors took positive view of the plan and bid up stocks.
- Nichole Harper
- 24 Jun, 2015
- New York City
Market indexes on Wall Street traded lower and the U.S. economy shrank at a slower pace than previously estimated last month. Crude oil and gold eased. European markets declined after Greece and international lenders failed to agree on a compromise.