Dec 08, 2010 8:07 AM ET
Sydney stocks ended lower, led by banks, after Federal Treasurer pledged to release banking competition measures by the next week. Home loan approvals rise in October. Coal stockpiles deplete at ports on heavy rains. Mineral exploration spending rises 4% in third quarter.
Dec 08, 2010 11:44 AM ET
Tokyo benchmark index reached a seven month intra-day high on the improved outlook for exports. Japan and Bolivia are set to expand rare earth minerals exploration. Current account surplus reaches 1.43 trillion yen in October. Sumitomo Metal acquires a nickel mining concession in Solomon Islands.
Dec 08, 2010 6:56 AM ET
China indexes lose nearly 1% as investors brace for tighter lending and property tax trials. Asian Development Bank expects GDP to expand at 10.1% in 2010 after revising its September estimate. Auto sales in November surge to a record 1.28 million vehicles.
Dec 08, 2010 6:44 AM ET
Stocks in Mumbai dropped more than 1% on steady selling by speculators. Finance Minister Mukherjee lifted GDP growth estimate to 9% in the current mid-year review. Passenger car sales up 21% and motorcycle sales surge 16%. Direct tax collections to November in the fiscal year soar 17.9%.
Dec 08, 2010 6:30 AM ET
Stocks in Mumbai trading declined and local oil refiners plan to raise retail price of gasoline. Karuturi agreed to buy 54% stake in Mumbai-based floral chain Florista. Ruchi Soya tumbled 27%on the prospect insider trading investigation. Wipro won telecom line operation contract from Vodafone Essar.
Dec 07, 2010 8:29 AM ET
U.S. stocks rally fizzled and U.S. lawmakers and President Obama agree on a tax cut plan. Gold falls from the record high and oil edges lower. European finance minister agree to not increase the current bailout fund size. German factor orders surge and home prices in Shanghai stay near recent peak.
Dec 07, 2010 2:38 PM ET
AutoZone, first quarter net sales grew 13% to $1.79 billion. BMO Financial fourth quarter net climbed 14.2% on rising of consumer lending. The Pep Boys third quarter revenues increased 5%. The Toro fourth quarter net sales increased 17%.
Dec 07, 2010 11:05 AM ET
The UK indexes rose after manufacturing output expanded in October. Rolls-Royce secured order worth over £20 million from Tidewater and GlaxoSmithKline agreed to buy China-based MeiRui Pharma for $70 million. Xstrata approved $1.36 billion investment to develop a coal mine in Australia.
Dec 07, 2010 10:57 AM ET
The specialty footwear retailer net quarterly sales improved 10% to $489.3 million. Net income in the quarter surged 33% to $35.5 million, primarily reflecting sales growth. Earnings grew to 79 cents per share as against 60 cents per share last year.
Dec 07, 2010 10:00 AM ET
The European indexes soared after President Obama announced extension of tax cuts and German factory orders surged in October. Swiss jobless rate rose in November. Czech retail sales declined in October. Iceland economy expanded in the third quarter.