Mar 10, 2011 6:27 AM ET
Stocks in Shanghai fell after China reported its first monthly trade deficit in nearly a year as imports rose at a faster pace than exports. For the two months to February China slipped into a deficit. Automakers declined after February auto sales rose 2.9% from a year ago.
Mar 10, 2011 7:09 AM ET
Tokyo indexes closed lower after China reported its first monthly trade deficit and Libya remained in focus. Japan revised its last quarter economic decline to 1.3% from the previous estimate of 1.1% fall. Tokyo Stock Exchange Group and Osaka Securities Exchange are reported to explore a merger.
Mar 10, 2011 4:56 AM ET
Australian indexes declined as markets in Asia fell and resource prices edged lower. Australian economy lost 10,100 jobs in February and inflation expectation declined according to a private survey. Rio Tinto lifts its conditional offer for Riversdale to $16.50 a share.
Mar 09, 2011 4:16 PM ET
U.S. markets struggled and European markets declined after crude oil prices gained. Uncertainty in Libya overshadowed worldwide trading. U.S. mortgage application rose to a one-year high. Exxon Mobil plans to increase capital spending this year 6% to $34 billion.
Mar 09, 2011 11:23 AM ET
AeroVironment Inc increased 12% after it reported better than expected earnings. Finisar Corp dropped after it guided lower fourth quarter earnings. Children’s Place earnings declined but ahead of expectations.
Mar 09, 2011 9:53 AM ET
The UK indexes slid after trade deficit narrowed, shop price inflation increased, and job growth accelerated. Rolls-Royce won order from Cathay Pacific for Trent 700 engines. Prudential and Tullow net surge.
Mar 09, 2011 12:15 PM ET
U.S. indexes struggled after crude oil and gold gained on uncertainty in Libya. AIG repaid about $6.9 billion to the Treasury. Stocks edged lower on the second anniversary of bull market that saw near double in indexes.
Mar 09, 2011 8:53 AM ET
The European indexes rose after German industrial production rebounded in January. Portugal completed 2-year bonds auction raising €1 billion. Greek jobless rate rose to record in December. Tognum proposed to review €3.2 billion bid from Daimler and Rolls-Royce. Hannover Re annual net rose.
Mar 09, 2011 6:56 AM ET
Stocks in Mumbai closed higher as gold and silver traded near record prices. Market is awaiting industrial production data on Friday. After the close China Development Bank finalized the $1.9 billion loan facility for Reliance Communications.
Mar 09, 2011 6:33 AM ET
Stocks in Shanghai were flat and investors focused on domestic issues. The policy makers are expected to announce more measures to curb property speculation and facilitate the sale of affordable homes. Hong Kong index increased as banks gained.