Oct 12, 2010 7:57 AM ET
The yen resumed its ascent and closed at 15-year high against the dollar and record high against the euro. The benchmark index Nikkei dropped 2.1%. Household sentiment drops in September. Japan is likely to surpass China and as the largest holder of U.S. Treasuries. The two nations hold $1.66 trillion of U.S. debt.
Oct 12, 2010 7:40 AM ET
Australian shares closed lower in a broad sell-off after business confidence fell in September even though business conditions index rose. Karoon Gas proposes to list its South American asset in a public offering in Brazil. Conquest Mining is looking to raise as much as $100 million.
Oct 11, 2010 4:12 PM ET
U.S. stocks turned volatile in the final hour. Gold closed at a record high and the yields on U.S. Treasuries hovered near recent low. The U.S. dollar traded mostly lower against major currencies. Copper closed at a 2-year high, silver at 30-year high and gold closed at a new record.
Oct 11, 2010 11:40 AM ET
Gymboree surged after the company agreed to go private. Warned Chilcott soared more than 7% after the company received regulatory approval for its drug to treat osteoporosis. LDK Solar surged more than 10% after it lifted revenues outlook.
Oct 11, 2010 10:57 AM ET
The UK indexes and the pound gained after the world leaders meeting failed to settle the rising tensions in the currency markets. Irish manufacturing output declined in August. KNOC received acceptances of 89% Dana Petroleum shares. Weir Group confirmed completion of BDK acquisition.
Oct 11, 2010 10:19 AM ET
The European indexes rose on expectations that the U.S. Fed will increase asset purchases. French industry growth remained flat in August and Italian industrial production surged. Talisman and Statoil announced joint venture worth $1.3 billion in Eagle Ford Shale property.
Oct 11, 2010 9:41 AM ET
U.S. stocks traded higher amidst hopes of fresh monetary easing from the U.S. Federal Reserve. Chesapeake agreed to sell stake in Eagle Ford project to CNOOC for $1.08 billion. Pension fund controlled by Ontario, Canada contemplates rival bid for Potash. Cognizant inked deal with 3M.
Oct 11, 2010 8:14 AM ET
Stocks in Mumbai traded and the rupee closed lower after world leaders failed to build a consensus around the dollar. Rupee and other currencies advanced against the dollar. Engineering exports rise 16% in August on demand mainly from the U.S.
Oct 11, 2010 6:56 AM ET
Stocks in Shanghai rallied the most in four months led by resource and energy stocks. CNOOC agrees to buy 2.6 million tons of natural gas from a French company and a large stake in shale gas assets in the U.S. controlled by Chesapeake.
Oct 11, 2010 6:35 AM ET
Stocks in Japan fell after global financial leaders failed to resolve exchange rate spat. China releases the detained employee of Japanese company. Government controlled pension fund plans to expand investment in emerging markets.