May 30, 2012 9:30 AM ET
Stocks in Tokyo recovered from the early decline of 1% in the Nikkei index but Spain and the euro zone worries dragged market sentiment. Olympus soared 5% on the speculation that it may seek capital from Panasonic or Sony and Renesas Electronics rebounded 27% after losing half its value this month.
May 30, 2012 9:16 AM ET
Australian stocks closed lower on international worries after Chinese press agency confirmed that the government is not planning additional stimulus. The dollar fell after April retail sales declined. Resource stocks were volatile after weak commodities prices as the euro fell to a 2-year low.
May 30, 2012 8:43 AM ET
The European indexes extended losses as Spanish bond yield rose to a record high since joining the euro. Italy raised €5.73 billion as yields rise and investor participation falters. UK mortgage approvals rose more-than-estimated in April.
May 29, 2012 3:41 PM ET
Stocks in New York traded higher and the growing financial contagion spread to Spain dragging the euro to a 2-year low as investors seek the safety in currencies and increase the U.S. dollar exposure. Commodities traded volatile and gold fell.
May 29, 2012 3:11 PM ET
Colfax agreed to acquired Soldex S.A. valued $235 million. FedEx may acquire Brazilian transportation and logistics company Rapidão Cometa. Interline Brands acquired by GS Capital Partners LP for $1.1 billion. Teledyne agreed to acquire LeCroy in approx $291 million.
May 29, 2012 11:00 AM ET
The UK indexes advanced after high street sales rose in May. BG Group agreed to sell Comgás stake to Brazil-based Cosan for $1.7 billion. Wolseley slumped 3.5% after quarterly revenues fell.
May 29, 2012 10:33 AM ET
Stocks in Tokyo gained but pared earlier gains on domestic corporate and the euro zone export worries. Panasonic, Renesas and Sony were in focus. Rising bond yields in the peripheral euro zone also stoked fears of another financial contagion in the currency union.
May 29, 2012 3:18 PM ET
Australian markets advanced but near the close struggled on the rising financial contagion worries in the euro zone. April new home sales in Australia surged 6.9% after dropping to the worst level in a decade in March.
May 29, 2012 10:15 AM ET
U.S. indexes gained and consumer confidence declined in May and home prices in metropolitan areas advanced in March. Japan-based Marubeni agreed to buy grain handler Gavilon for $3.6 billion. Icahn agreed to acquire 7.6% stake in Chesapeake.
May 29, 2012 9:29 AM ET
German import price index eased, Spanish retail sales slumped but Swiss consumption indicator rose in April. Swedish sentiment dropped in May and Norwegian jobless rate fell in March.