Jan 04, 2013 11:32 AM ET
Stocks in early trading in New York lacked direction after a modest increase in net new jobs in December. Manufactured goods orders increased slightly in November but durable goods orders were revised higher.
Jan 04, 2013 10:45 AM ET
Stocks in Tokyo played catch up with the rest of the Asian markets and the yen declined to a new low in nearly three years. The Nikkei surged 2.8% and the Topix added 3.3%. Autos and industrial machinery makers led the gainers.
Jan 04, 2013 10:31 AM ET
Australian stocks declined for the first time in 3-days tracking lower international markets. Private sector credit availability was at the weakest in 19-months according to the latest data from the RBA.
Jan 04, 2013 10:00 AM ET
Bharti Infratel is selected for FTSE global indexes from January 7. Jet Airways is in deal talks to sell 24% stake to Abu Dhabi based Etihad Airways. Airline sector in India is reeling with losses on record high fuel and low ticket prices.
Jan 03, 2013 2:36 PM ET
Attention on Wall Street shifted to the upcoming debt negotiations and traders turned cautious. U.S. auto sales jumped 12.5% in 2012 and sales of new cars are expected to reach 15 million units in 2013. Retailers posted higher holiday sales on deep discounts.
Jan 03, 2013 1:56 PM ET
Germany reported unemployment held steady at 6.9%, lowest in two decades. Spain said registered unemployed people fell by 59,000 in December as employers in service sector added jobs. Lending to households and companies fell in November in the euro zone.
Jan 03, 2013 1:47 PM ET
European markets trimmed losses and Swiss market index played a catch up after holiday break. The benchmark index soared 2.9% in Zurich trading. Indexes across the region traded lower as resource and banks closed down.
Jan 03, 2013 2:19 PM ET
Alcatel-Lucent gained after Credit Suisse revised higher its views. K+S AG dropped after Chinese company bought fertilizer at a cheaper price from North American manufacturers. Next Plc gained on higher annual profit estimate. Swiss stocks rallied on higher luxury goods sales in Hong Kong.
Jan 03, 2013 12:50 PM ET
Stocks on Wall Street traded sideways after weekly jobless claims rose more than expected and private sector added 215,000 net new jobs in December. For the year, U.S. economy has added 151,000 net new jobs. Retailers reported comparable sales increased 4.5% on deep discounting.
Jan 03, 2013 8:30 AM ET
Indian Overseas Bank approved equity rights issue. Manappuram Finance surged on the expectations that the Reserve Bank may increase loan-to-value ratio on gold loans to 75%. Ramky Infrastructure arranged debt syndication.