Dec 13, 2010 7:44 AM ET
Stocks in Mumbai closed higher tracking the increase in Asia and Europe. Russia and India are expected to sign pacts for defense, trade and energy next week. China’s premier is expected to push for free trade with India this week during his visit.
Dec 13, 2010 7:39 AM ET
Goa Carbon and Hong Kong based Sinoway International to set up manufacturing plant in China. Punj Lloyd won two oil and gas orders worth $350 million. Reliance Infrastructure soars on a plan to attract new investors in the company.
Dec 13, 2010 5:18 AM ET
The key stock indexes in China rallied the most in two months after China’s central bank held interest rate. Inflation in November surges to 5.1% and central bank increased reserve ratio requirements for banks. Retail sales stayed at elevated level of 18.7%.
Dec 13, 2010 4:48 AM ET
The benchmark index hovered near 7-month high after china tightened credit and higher flows to stocks. Net inflows into Japanese stock investment trusts rise to 305.2 billion yen in November.
Dec 13, 2010 7:29 AM ET
Australian stocks closed higher and banks led gainers after Treasurer Wayne Swann revised banking rules to foster competition in the sector. NSW Power privatization identifies Origin Energy and TRUenergy as the key winners.
Dec 11, 2010 10:38 AM ET
The information company reported quarterly revenues rose 1.2% to $3.26 billion. Net quarterly earnings surged 65% to $268 million reflecting increase in revenues at its Professional and Markets division. Earnings grew to 32 cents per share from 19 cents per share in the year-ago quarter.
Dec 11, 2010 3:59 AM ET
U.S. trade deficit declined to a two-year low after exports rose on a falling dollar. Exports rose on the strong demand from emerging markets including China, Mexico and Brazil. General Electric increased its quarterly dividend 17% to 14 cents, second increase in the year.
Dec 10, 2010 11:06 AM ET
Brown-Forman second quarter net sales increased 1.4%. E. I. du Pont estimated higher sales but earnings trailed estimates. Ferrellgas first quarter net sales increased 14%. Vail Resorts first quarter net sales soar.
Dec 10, 2010 11:00 AM ET
The UK indexes traded mixed after home prices rose in November. Various home price indexes have shown a diverging picture in the UK real estate market. Irish manufacturing output growth slackened. Flybe Group PLC began trading in London and raised £215 million.
Dec 10, 2010 10:35 AM ET
The junk car auctioneer total service revenues and vehicle sales for the quarter rose 14.7% to $212.7 million. Net quarterly profit increased 7% to $37.8 million. Earnings grew to 45 cents per share from 42 cents per share for the year-ago quarter.