Aug 10, 2010 9:36 AM ET
U.S. stocks trade lower after second quarter productivity fell 0.9%. BP Plc forms Gulf of Mexico oil spill escrow trust with the initial deposit of $3 billion. Skype plans for $100 million IPO. KKR cancels public offering of $500 million of common units.
Aug 10, 2010 7:25 AM ET
Stocks in China region tumbled on liquidity concerns, property prices grew at a slower pace ad July trade surplus and exports surged. West China Cement to seek IPO in Hong Kong after delisting from London.
Aug 10, 2010 7:16 AM ET
Stocks in Japan dropped on reports of slowing imports by China. Bank of Japan kept key rate unchanged and the Japanese government left its outlook for local economy in August the same but lowered the assessment on China.
Aug 10, 2010 7:09 AM ET
Stocks in Australia fell after China reported weaker-than-expected imports. Business confidence fell to its lowest level in a year. Consortium of eleven miners increases offer for QR Ltd. Transurban completes acquisition of Lane Cove Tunnel.
Aug 09, 2010 4:01 PM ET
U.S. stocks rebounded from the early lows and copper and wheat jumped. Resource stocks traded higher in New York and London trading. The dollar edged higher. China expands the scope of its bank stress test and UK looks for ways to increase lending to small businesses. Exports slow in Japan.
Aug 09, 2010 11:34 AM ET
U.S. stocks traded higher and majority stocks in the Dow and S&P 500 index gained. Digital Globe Inc and GeoEye Inc surged after U.S. intelligence agency awarded contracts worth $7.3 billion. Hewlett Packard dropped after it ousted its chief executive. Berkshire Hathaway quarterly net to drop.
Aug 09, 2010 11:28 AM ET
The UK indexes climb after resource stocks lead gainers. Six UK banks form a taskforce to facilitate business credit lending. AstraZeneca agrees for $198 million settlement in Seroquel product liability litigation. Costain Group wins £130 million Bond Street tube station expansion contract.
Aug 09, 2010 10:28 AM ET
The European indexes trade higher after a rise in resource and bank stocks. Fitch affirms Romania''s debt with a stable outlook. Euro-zone investor confidence soars in August. German trade surplus and export growth rises in June. Spanish corporate bankruptcies decline in the second quarter.
Aug 09, 2010 10:22 AM ET
Sensex index in Mumbai gained 1.4% tracking gains in international markets. Real estate developers led gainers and India Bulls won Mumbai land auction for $330 million price. Life Insurance Corporation plans to invest as much as $5 billion in financial markets.
Aug 09, 2010 10:00 AM ET
Stocks in China region gained after trading volatile in the session. China regulators start stress tests that include sharp fall in home prices and a decline in earnings at steel and cement makers. SFC in Hong Kong permits yuan-dominated fund. China cancels preferential power prices.