May 15, 2012 10:12 AM ET
Stocks in Japan eased as resources linked companies declined for the second week in a row. Tokyo stocks fell in sympathy with global markets after euro zone political and economic worries overwhelmed domestic earnings in Japan and Asia.
May 11, 2012 10:11 AM ET
U.S. indexes edged lower after JP Morgan announced a $2 billion trading loss. The producer price index fell 0.2% in April. The International Energy Agency lifted its global oil demand forecast. Panasonic reported net loss and Sony estimated lower than expected net in the current fiscal year.
May 15, 2012 10:08 AM ET
Australian stocks eased on the growing confirmation that the euro zone is sliding into a recession and Greece is likely to face another parliamentary election as early as next month. Resources linked stocks declined and gold and energy stocks led the losers.
May 11, 2012 10:07 AM ET
German and Spanish inflation rose but Swedish jobless rate remained unchanged in April. French manufacturing industry estimated investment growth at 6% this year.
May 11, 2012 10:05 AM ET
The European indexes edged lower after the European Commission said Spainís budget deficit will stay above 6% this and next year. The euro area economy is forecast to shrink 0.3% this year. Credit Agricole and Telefonica quarterly net plunged.
May 14, 2012 10:04 AM ET
The benchmark index Nikkei closed up but the Topix declined for the fourth day in a row. Index losses were limited after China eased bank reserve requirements for the third time in six months.
May 10, 2012 10:02 AM ET
The UK indexes gained. The BoE policymakers retained the size of quantitative easing and interest rate unchanged. The UK production fell but manufacturing output rose in March. Irish inflation eased to 15-month low in April.
May 14, 2012 10:02 AM ET
Australian stocks gained as miners edged lower and the dollar fell to a new low in five-months and declined below parity with the greenback. The declined after comments from the central bank official indicating weak long term growths in Australian economy outside the mining sector.
May 10, 2012 10:00 AM ET
U.S. indexes rose after weekly jobless claims fell 1,000 to 367,000, trade deficit widened more than estimated in March but import prices fell in April. Coty revised its offer for Avon Products with the help of Berkshire Hathaway financing. Cisco drops after revenues grow less than expected.
May 11, 2012 9:58 AM ET
Tokyo stocks declined for the third day in a row and the Nikkei index dropped 4.6% at the close of the week, the largest weekly loss in four years. Investors sold stocks linked to China after the latest batch of economic data signalled healthy but slowing economic growth.