Feb 24, 2011 11:36 AM ET
The UK indexes rose on surging oil prices as an aftermath of the crisis brewing in Libya. The BoE policy maker David Miles urged restraint in hiking key interest rate. The UK retail sales growth decelerated in February and RBS swung to profit.
Feb 24, 2011 9:51 AM ET
The European indexes declined after unabated protests in Libya. Euro area economic sentiment improved in February and German economy expanded in the fourth quarter. French consumer confidence remained unchanged in February. Italy retail sales rose in December.
Feb 24, 2011 9:14 AM ET
World indexes fell after violence in Libya continued and crude oil price surged 21% in thirty days and rose to 30-month peak. Weekly jobless claims decline 22,000 and durable goods orders increased 2.7%.
Feb 24, 2011 6:20 AM ET
Stocks in Mumbai plunged sharply after the latest data showed a stubborn inflation. International markets also declined after crude oil prices touched $100 a barrel, 30-month high. The Sensex dropped 2.8% and automakers, banks and capital goods makers led decliners.
Feb 24, 2011 5:49 AM ET
Stocks in Hong Kong declined for the fourth day in a row and in Shanghai rose. Shipping and port related companies traded lower in Hong Kong and oil refiners declined after crude oil surged to 30-month high. Hong Kong dollar gained. Suning Appliance Co surged 6% on 370 store openings in the year.
Feb 24, 2011 5:18 AM ET
Japan benchmark index declined for the third day in a row and nearly wiped out half the gains of the year as crude oil reached 30-month high. Overseas investors added Japan stocks for the 16th week in a row. Tobu, railroad operator plunged after it announced a plan to raise $1.1 billion.
Feb 24, 2011 4:45 AM ET
Australian stocks closed lower tracking markets in Asia but the Australian dollar edged up after businesses investment is expected to increase 32% in the next financial year. Origin Energy declined after it lowered outlook. Pacific Brands fell 15% after it reported a loss.
Feb 23, 2011 4:41 PM ET
U.S. stocks traded lower as Libya took center stage and oil rallied to $100 a barrel before settling at $98.10. The nascent U.S. economic recovery could take a hit if crude oil remains above $90 a barrel for the next 45 days. Technology stocks declined after Hewlett Packard dropped 9.5%.
Feb 23, 2011 11:37 AM ET
Chesapeake Energy reported fourth quarter net income of $180 million. DIRECTV said net income in the quarter of $618 million. HP first quarter net income soared 16% to $2.6 billion. Lowe''s fourth quarter net earnings surged 39% to $285 million. Westlake Chemical quarterly net rose to five-fold.
Feb 23, 2011 11:09 AM ET
The UK indexes plunged after escalating turmoil in Libya weighed on investor sentiment. The Bank of England policy members were split on key rate hike and UK mortgage approvals rose in January. Irish trade surplus dropped in December. Centrica signed £2 billion gas deal with Qatar.