May 20, 2010 10:50 AM ET
U.S. stock and world markets declined for the sixth day in a row as the euro zone worries stay in the focus of investors. Initial jobless claims increased 25,000. Accretive Health prices its offering below the initial range. Symantec acquires the security business of VeriSign for $1.28 billion.
May 20, 2010 10:45 AM ET
Stocks in Hong Kong and Shanghai dropped on the weak global market sentiments and worries of more property market curbs. Bank of Beijing receives approval to issue 10 billion yuan of subordinated bonds. Industrial Bank plans to raise $2.6 billion through a rights issue.
May 20, 2010 10:12 AM ET
Stocks in Mumbai closed higher after 3G license auction drew nearly twice the revenue that estimated. ONGC and Oil India surged after the government increased the natural gas price terms. Inflation surged in the latest read.
May 20, 2010 9:45 AM ET
The Australian dollar dops to an eight-month low against the US dollar. Western Australia expects to post A$290 million surplus. Healthscope receives a revised bid from a private equity consortium. Super-profit tax continues to be controversial in Australia.
May 20, 2010 9:41 AM ET
The gross domestic product of Japan expanded at 4.9% rate in the first quarter. Resona Holdings plans to buy back the government stake. Large firms to increase bonuses for the first time in two years.
May 19, 2010 5:34 PM ET
U.S. stocks wobbled as European markets and commodities gyrated on weakness in the euro region. U.S. home mortgages rose to a record high to 4.63%. U.S. Fed lifted its economic growth outlook.
May 19, 2010 12:50 PM ET
Markets in Europe fell and derivatives markets turned volatile after Germany extended ban on derivatives exposure without the collateral. The euro hit a four-year low against the dollar. EU construction rises 7.6% in March. China’s CNPC buys stake in Shell’s Syria unit.
May 19, 2010 12:11 PM ET
U.K. stocks decline on concerns tighter regulation as Germany banned short-selling of some bonds. Bank of England was unanimous to keep rates at record low on May 10. Pearson plc buys Melorio. RBS announces sale of RBS Factor S.A. Land Securities, Experian PLC profits rise.
May 19, 2010 12:04 PM ET
Stocks decline led by property developers. CSCEC plans to build Shenzhen''s third tallest building. Nanjing Iron & Steel to acquire coal mining assets in Anhui. CNOOC confirms oilfield development deal in Iraq.
May 19, 2010 11:55 AM ET
Australia’s consumer sentiment index drops 7% in May. Fortescue Metals suspends A$17.5 billion projects on super-tax profit. Australia’s wages rises 0.9% in March.