Mar 14, 2011 8:47 AM ET
Stocks in Mumbai trading surged after crude oil prices eased. The benchmark Sensex index soared 1.4% and Reliance Industries and state controlled refineries gained more than 5%. Reliance Capital soared 10% after it sold 26% stake in its life insurance subsidiary to Nippon Life.
Mar 14, 2011 8:22 AM ET
The benchmark index in Tokyo plunged more than 6% and the central bank pumped short term liquidity to stem the rise in the yen. Automakers suspended production and insurance companies led the decliners and construction companies led the gainers as Tokyo Stock Exchange imposes daily trading limit.
Mar 14, 2011 7:35 AM ET
Australian indexes closed lower for the fifth day in last six trading sessions. The Australian dollar in a volatile session edged lower and QBE Insurance estimated its share of Japan tsunami losses not to exceed $125 million. Uranium miners led the decliners.
Mar 11, 2011 4:04 PM ET
U.S. indexes rebounded after retail sales were ahead of expectations and crude oil prices declined. Japan struggles in the aftermath of the strongest earthquake on record as Tokyo residents face power loss and damaged transportation system.
Mar 11, 2011 12:20 PM ET
AnnTaylor fourth quarter net income surged to $7.97 million. Aeropostale quarterly net income declined 13.3% to $83.8 million. Air Methods net income soared 450% to $12.6 million. Pall Corp. second quarter net earnings soared 52.5% to $75.6 million.
Mar 11, 2011 11:45 AM ET
World markets are on the edge as most nations touched by the Pacific Coast prepare to battle tsunami unleashed by the strongest earthquake felt in three centuries near the northern coast of Japan. Hawaii and the West Coast of the U.S. and Australia and New Zealand are expected to hit with waves.
Mar 11, 2011 9:48 AM ET
The UK indexes declined tracking the declines in the European and world markets. The UK factory gate inflation rose to 28-month high in February. BP expanded biofuels business in Brazil. Chevron agreed to sell Pembroke Refinery and certain UK assets to Valero Energy for $1.73 billion.
Mar 11, 2011 10:29 AM ET
U.S. indexes extend world market losses after Japan was struck with the strongest earthquake in three centuries that triggered 10-meter tsunami and warnings for 50 countries. U.S. retail sales rose in February. Ashford Hospitality venture acquired Highland Hospitality portfolio for $1.3 billion.
Mar 11, 2011 7:13 AM ET
German wholesale price inflation accelerated in February. Inflation in euro area rose in February and economic growth was mixed. Swedish jobless rate fell in February. Hungary, Czech Republic and Bulgaria lowered their estimates of quarterly GDP growths.
Mar 11, 2011 7:03 AM ET
The European indexes plunged after Japan was hit by an earthquake of 8.9 that triggered tsunami with waves 10 meters high. Sweden-based Saab won order for weapon system. Brainspark signed deal with Italy-based Gruppo Bancario Mediterraneo. Fraport annual net surged 80%.