- Hiruki Nakamura
- 19 Jan, 2015
- New York City
Bank of Japan entered the bond market to acquire government bonds and 10-year debt yield fell to a record low of 0.2%. Japanese yen strengthened to a 117.17 against one dollar and industrial output declined 0.5% in November.
- Marcus Jacob
- 19 Jan, 2015
- New York City
Australian market index struggled to hold on to the 1.3% surge at the opening after Shanghai index plunged 6%. Dexus Property acquired a business and industrial estate in south of Sydney for $154 million.
- Mukesh Buch
- 19 Jan, 2015
- New York City
Hindustan Unilever said profit climbed 17%. Rajesh Exports soared on UAE Export order. Reliance Industries net declined 4.5% and revenues plunged 20%. Symphony net surged 45% on 31% increase in revenues. Wipro net rose 9%.
- Nichole Harper
- 16 Jan, 2015
- New York City
Market indexes on Wall Street rebounded after five days of decline on the back of crude oil price gain. The consumer price index declined the most in six years in December and factory production slowed in the month and consumer confidence rose to the level not seen since January 2004.
- Mukesh Buch
- 16 Jan, 2015
- New York City
Comerica net surged 29% but revenues fell 4%. Goldman Sachs profit plunged 10% after revenues declined 12% on weak underwriting and fixed income trading. Intel profit surged 39% while revenues dropped 6%. PNC Financial Services net fell 2%. PPG net tumbled 67%.
- Nigel Thomas
- 16 Jan, 2015
- New York City
D Sports surged on higher sales and profit outlook. Moneysupermarket.Com forecasted sales to jump about 10% to
- Hiruki Nakamura
- 16 Jan, 2015
- New York City
Market indexes in Japan extended losses and for the week the Nikkei index plunged 3.4% and the yen eased 0.3% to 116.55 against one dollar. Market indexes in Japan declined for the third week in a row. Chugai Pharmaceuticals and Sosei Group fell after Swiss franc strengthened.
- Marcus Jacob
- 16 Jan, 2015
- New York City
Australian market indexes extended weekly losses and closed down over 3%, the largest decline in eighteen months. ALS Limited, the testing lab services provider rose on positive outlook. National Australia Bank and State Bank of India sign agreements for project finance business.
- Nichole Harper
- 15 Jan, 2015
- New York City
Stocks on Wall Street weakened for the second day in a row and crude oil price fell another 1.1% but gold surged 2.7%. Switzerland abandoned its peg to euro after vociferously defending the arrangement one month ago. India lowered its reference rate.
- Mukesh Buch
- 15 Jan, 2015
- New York City
Bank of America net plunged 14% on 11% decline in revenues. BlackRock net fell 3% on flat revenues. Citigroup net tumbled 86% on legal expenses and repositioning charges of $3.5 billion. Fastenal net surged 19%. Lennar net jumped 50%.
- Nigel Thomas
- 15 Jan, 2015
- New York City
Associated British Foods sales rose 3% and sales at Primark surged 15%. Lavendon said yearly sales climbed 6%. Tullow Oil estimated annual revenues of $2.2 billion. Richemont sales in the third-quarter jumped 4% to
- Mukesh Buch
- 16 Jan, 2015
- New York City
Sensex in India extended rally to the second day after RBI lowered rate for the first time in nine months. Axis Bank profit surged 18% on 17% increase in revenues. Bajaj Holdings net fell 4%. Dewan Housing Fin net rose 15%. INOX net soared 83%.
- Manish Shah
- 15 Jan, 2015
- New York City
Swiss National Bank in a move that was designed to surprise markets abandoned its three-year old peg to the euro. The expensive franc peg to euro was about to become even more costly as the European Central Bank prepares its bond buying program and weaken currency more.
- Hiruki Nakamura
- 15 Jan, 2015
- New York City
Market indexes in Tokyo soared more than 1.4% after the yen fell from its strongest level in the year. Tire and rubber makers soared on the expectations of earnings boost from the sharp fall in oil price below $50 a barrel. Producer price index decline accelerated in December.
- Marcus Jacob
- 15 Jan, 2015
- New York City
Australian market indexes after a weak opening managed to trim losses after December jobless rate fell to 6.1%. Weak copper, iron ore and crude price continue to pressure resource sector jobs and investment plans.