Nov 30, 2012 4:55 PM ET
U.S. dollar inched lower and the euro gained as political rhetoric in Washington ratchet up. Lawmakers show no sign of compromise as the budget negotiation deadline looms. Oil gained and commodities prices edged higher on a cautiously optimistic outlook about economic growth in China.
Nov 30, 2012 12:09 PM ET
Nikkei index in Tokyo advanced after Japanese government approved the $1.2 billion stimulus measures ahead of general elections. Nikkei gained the best monthly gain since February. The yen traded near eight month low. Industrial production rose in October on a surge in electronics parts production.
Nov 30, 2012 11:29 AM ET
Australian stocks opened higher following the gains in Asian and European markets. Banks and resource sector stocks closed up. Qantas said October customer traffic increased 5.9% but revenue per seat declined. Lynas said it started its Malaysian rare earth plant.
Nov 30, 2012 10:18 AM ET
U.S. indexes traded sideways as lawmakers negotiate budget details. U.S. personal income increased but spending fell in October. Japan announced $10.7 billion of stimulus measures to boost economic growth.
Nov 30, 2012 10:13 AM ET
The euro area jobless rate rose and German retail sales fell in October. Annual inflation in the euro zone eased and UK consumer sentiment soared to an 18-month high in November. Osram plans to reduce 4,700 jobs by 2014.
Nov 30, 2012 10:12 AM ET
Avago Technologies fourth quarter slid 3% to $159 million. Genesco third quarter net surged 57% and lifted outlook. OmniVision second quarter plunged 51%. United Natural Foods first quarter net jumped 42% and Ulta Salon third quarter net soared 43%.
Nov 30, 2012 9:15 AM ET
Ferrovial declared a dividend of 1 euro gross per share. Royal Bank of Scotland canceled its agreement to sell its Indian Retail & Commercial banking operations to HSBC.
Nov 29, 2012 4:07 PM ET
Stocks in New York gyrated after lawmakers gave conflicting signals of budget negotiation progress. Pending home sales increased 5.2% in October and the second estimate of the U.S. economic growth was revised to 2.7% annual rate in the third quarter. Weekly jobless claims declined.
Nov 29, 2012 2:51 PM ET
Stocks in Tokyo rebounded from the sell-off in previous session. Electric utilities closed higher on the prospect of a rate hike next year. Steelmaker JFE Holdings gained on the speculation of positive cash flow.
Nov 29, 2012 1:19 PM ET
Australian markets traded higher and latest survey showed a sharp decline in mining industry capital spending plan. Rio Tinto said it plans to cut $5 billion in operating and support costs by 2014.