Dec 30, 2008 2:12 PM ET
London stocks closed higher boosted by gains in the energy and commodity sectors. The Land Registry reported that annual house prices in England and Wales slumped 12.2% in November.
Dec 30, 2008 2:01 PM ET
Major European markets sustained gains from early trading on Tuesday to end the trading session higher. The CAC 40 Index outperformed leading benchmarks, closing 2.76% up.
Dec 30, 2008 1:33 PM ET
Indian stocks ended the trading session higher boosted by expectations of rate cuts by the Reserve Bank of India. In the meantime, local brokers announced that the country''s economic growth was likely to ease between 6% and 7%.
Dec 30, 2008 9:34 AM ET
Shares in Hong Kong missed to capitalize on gains across Asian exchanges as pessimism prevailed due to tensions in the Middle East. Chinese authorities, meanwhile, unveiled a plan to create 9 millions jobs in urban areas through a number of initiatives in 2009.
Dec 30, 2008 8:14 AM ET
Moderate gains from Tokyo stocks at market close on Tuesday proved to be only mild relief as Nikkei witnessed its greatest annual loss ever. Barclays Capital expressed concerns that the local economy may suffer its worst quarterly decline since 1974.
Dec 30, 2008 7:43 AM ET
Major European bourses advanced in early trading on Tuesday in the wake of gains across Asia-Pacific. The DAX Index rose 1.58% in Frankfurt.
Dec 30, 2008 7:31 AM ET
Stock markets across Asia-Pacific were mostly on the rise Tuesday with exchanges in Japan, South Korea, Australia, India, Malaysia and Thailand closing in positive territory. China and Hong Kong missed out on the rally with both CSI 300 and Hang Seng sliding into red.
Dec 30, 2008 5:35 AM ET
Energy stocks lent support to ASX 200 on Tuesday amid rising concerns over the conflict in the Middle East. Fears of a ground operation launched by Israel in Gaza sent oil prices higher.
Dec 27, 2008 9:02 AM ET
Adobe reported fourth quarter revenues of $915.3 million and full year 2008 revenues of $3.58 billion. The company expects revenue and earnings per share in the range of $800 million to $850 million and 30 cents to 35 cents in the first quarter of fiscal 2009.
Dec 26, 2008 8:49 AM ET
U.S. stocks edged higher in light trading volume and investors did put much weight in weaker than expected holiday sales report. Stocks edged higer after crude oil price rose. In Japan, manufacturing plunged in November but stocks gained. Major markets in Europe were closed.