Mar 31, 2010 7:20 PM ET
Cnooc Ltd, the largest Chinese offshore energy explorer reported 2009 net declined 34% after oil prices dropped more than 70%. China Merchants Holdings second half net dropped 10%. Huawei Technologies 2009 net more than doubled.
Mar 31, 2010 6:51 PM ET
Australia’s retail sales fall 1.4% to A$19.8 billion in February and building approvals decline 3.3% in the month. Macarthur Coal rejects Peabody Energy’s A$3.3 billion bid. Ten Network Holdings Ltd posted first-half profit amid improving conditions.
Mar 31, 2010 6:40 PM ET
Stocks declined after February wages fell 0.6%. Wages fell primarily on fewer overtime hours and reduced manufacturing employment. Housing starts drop 9.3% to 56,527 units in February. In trading shipping companies closed higher on the expectations of rising freight rates.
Mar 31, 2010 6:04 PM ET
A rally in metals and oil failed to lift stocks after private employers cut more than expected jobs in February. Gold gained for the sixth quarter in a row and oil traded at 17-month high. Agriculture commodities declined after higher than expected level of inventories and planting.
Mar 31, 2010 3:14 PM ET
UK stocks traded weak. Investors remained focused on the weakness in Greek bonds and continued worries about the UK housing market. Northern Foods plc said quarterly sales dropped. Pinewood Shepperton plc profits declined. Dairy Crest Group lifts profits outlook.
Mar 31, 2010 2:28 PM ET
European markets closed lower as investors debate the direction of the euro. Greek bond yields rose for the third day in a row on the worries that Greece may need more emergency funding. The first estimate of inflation in the euro zone was 1.5%. Steelmakers prepare to pass 20% price hike.
Mar 31, 2010 1:17 PM ET
SAIC, Inc declined after it missed quarterly earnings and lowered the annual earnings outlook. Rite Aid Corporation declined after it reported narrower quarterly loss but margins and sales were weaker than expected. Ford Motor Company declined ahead of warrants sale.
Mar 31, 2010 11:01 AM ET
Stocks in Mumbai traded lower after rising for two weeks. February industrial output is expected to increase 16% from a year ago. Exports in the month surged 34.8% to $16.09 billion. Sugar crop in the current season is expected to surge 26% to 18 million tons.
Mar 31, 2010 11:41 AM ET
U.S. stocks traded lower after private employers cut jobs in February surprising most economists. Crude oil inventories at the end of last week increased but gasoline inventories edged up less than expected. New orders for manufactured goods increased in seven of last nine months.
Mar 30, 2010 7:47 PM ET
Markets in Shanghai and Hong Kong closed up a fraction. Cheung Kong 2009 net profit rises 53%. Hutchison Whampoa Ltd 2009 net profit gained 12% and revenues declined 14% and Li Ka-Shing said he may consider raising dividend. China Construction Bank said it has no immediate plans to raise funds.