Jan 22, 2014 10:07 AM ET
The Bank of Japan kept its annual plan to pump between 60 trillion yen and 70 trillion yen intact and left its inflation outlook unchanged. The accompanying statement after a 2-day meeting noted the impact of April sales tax increase on the economy.
Jan 22, 2014 9:27 AM ET
Australian inflation in the December quarter was ahead of expectations and rose 2.7% annual rate. BHP Billiton said iron ore production increased 16% in the last quarter, copper production rose 6% and petroleum production declined 4%. Mount Gibson reported record first-half iron ore sales.
Jan 22, 2014 8:34 AM ET
Ashok Leyland net swung to a loss. Colgate net rose 2% and operating profit margin declined 17%. Dabur net climbed 15% on 17% increase in sales. HDFC net jumped 12%. M&M net plunged 16%. Torrent profit surged 41%. Thermax net declined 13%. Zee net jumped 10%.
Jan 21, 2014 12:51 PM ET
U.S. stocks extended losses for the third day in a row and the dollar was in focus after the yen and euro edged lower. The IMF lifted its economic outlook for 2014 as advanced economies face fewer obstacles and interest rates are expected to stay near record low.
Jan 21, 2014 11:44 AM ET
Stocks in Tokyo gained as the yen continued its slide towards 105 level. Cosmo Oil signed an agreement with Spain based CEP to develop natural gas fields. NEC agreed to sell its Internet service provider service Biglobe for 70 billion yen.
Jan 21, 2014 10:58 AM ET
Baker Hughes net soared 16%. Dow Chemical surged after on media reports that an activist investor took a significant position. Delta net surged on $8 billion tax valuation allowance. Halliburton net climbed 19%. J&J net surged 35%. Verizon net swung to a profit.
Jan 21, 2014 10:31 AM ET
Australian market indexes closed higher led by stronger financial stocks. Australian dollar eased further for the second week in a row. Nucoal Resources Limited plunged to a record low after New South Wales canceled its mining license on corruption charges.
Jan 21, 2014 10:12 AM ET
Alstom plunged 12% after it lowered fiscal outlook and revenue declined 2%. IMI will return £620 million to shareholders from the sale of beverage and merchandise divisions. Unilever net climbed 9% to Ä5 billion. Wirecard said quarterly revenues climbed 23%.
Jan 21, 2014 10:04 AM ET
Asian Paints net fell 2% and revenue climbed 13%. Century Ply net swung to a profit. Emami third-quarter net climbed 31% on 7% increase in sales. Jet Airways starts daily Mumbai-Paris flight from May 14. Kotak Mahindra dropped after net declined 6%.
Jan 20, 2014 4:54 AM ET
Stocks in Tokyo closed lower and the yen extended losses after China reported slower but healthy economic growth and strong fixed assets investment and retail sales. Nintendo plunged 6% after the video game maker lowered its Wii Uís yearly sales by more than two-thirds.