Dec 24, 2009 2:01 PM ET
Foreign direct investment in India gained in November and portfolio investment in the year approached record 2007 flows. Initial public offerings raised $16 billion, trailing only China. Industrial production in key six industries increased 5.3% in the previous month from a year ago.
Dec 24, 2009 1:20 PM ET
Alcatel-Lucent selected by Kyivstar GSM for All-IP network transformation in Ukraine. The U.S. drug regulator FDA licenses Sanofi-aventis subsidiary''s new influenza vaccine. The benchmark indexes in Paris and London closed near 15 month high and other markets in Europe were closed.
Dec 24, 2009 12:21 PM ET
The UK benchmark index added to the gains of the year with 22% rise so far and 53% from its lows in March. Miners led the gainers today with copper, nickel and gold prices edging higher. Balfour Beatty to acquire Strata Construction for £10.3 million.
Dec 24, 2009 11:48 AM ET
Natural resource stocks gain in New York trading on a rise in copper and gold prices. Health insurers declined after the Senate passed its version of healthcare bill. Crane Co acquires the electronics components maker for $52 million Merrimac Industries, Inc.
Dec 24, 2009 11:14 AM ET
Tech stocks led the gainers in New York trading following the advances in Europe and Asia. The dollar edged up and futures of crude oil and gold traded higher. Weekly jobless claims in the U.S. declined and November durable goods orders increased.
Dec 23, 2009 6:55 PM ET
Japan approves 2010 tax reforms. The direct tax collection is expected to decline but total tax revenues is expected to rise by one trillion yen.
Japan supermarket sales fall 8% to 1.03 trillion in November and retail sales at stores are expected to drop to 13 trillion yen, the sharpest decline in 21 years.
Dec 23, 2009 6:45 PM ET
Australian stocks edged higher after commodities rebounded after better than expected economic data in the U.S. Telstra is looking to sell its stake in China based real estate Web site Soufun.com. Macarthur Coal Limited bids for Gloucester Coal.
Dec 23, 2009 5:44 PM ET
Stocks in Mumbai surged after Finance Minister Mukherjee lifted fiscal year economic growth to 8%. Jindal Saw secures orders of $240 million. Lupin settles litigation with U.S. based Forest Laboratories to launch generic tablets. Adani Power Ltd subsidiary wins 1,200 mw power bid in Rajasthan.
Dec 23, 2009 5:10 PM ET
Commodities and crude oil gained and investors bid up resource stocks. Poor weather in many parts of the U.S. may have dampened last minute holiday retail sales. Markets in Europe edged higher and in India surged.
Dec 23, 2009 10:16 AM ET
Banks and natural resource stocks climbed in Europe after investors turned optimistic. Maurel & Prom SA advanced 4.2% after it discovered oil in Gabon. Vivalis signs a new commercial license in veterinary vaccine field. Bank Sarasin & Cie. AG said it will exceed its lending target this year.