Apr 13, 2015 9:45 AM ET
Stocks in Tokyo edged lower after domestic core machinery orders in February declined and China reported worst trade data in nearly a year. Genky Stores, drug retailer, said nine-month net income doubled.
Apr 13, 2015 11:15 AM ET
Australian stocks turned lower after China said exports and imports contracted. Rising yuan played a role in the sharply lower trade data. Mesoblast soared 24% after the U.S. based Celegen agreed to acquire a 4.5% stake in biopharmaceutical developer.
Apr 13, 2015 9:00 AM ET
Consumer price index increase in March slowed to 5.17%. Info Edge to invest in Zomato, restaurant review website operator. L&T signed an agreement with France-based Areva and build a nuclear power plant in Maharashtra. LIC plans to increase its stake in NMDC to 12%.
Apr 10, 2015 1:30 PM ET
Stocks powered ahead on Wall Street and banks are scheduled to release earnings next week. General Electric announced to sell its GE Finance unit and return to shareholders as much as $90 billion by 20108. Asian markets continued to climb higher as indexes in China, India and Japan extend gains.
Apr 10, 2015 12:52 PM ET
Constellation Brands net surged 37%. Excel Trust surged after it agreed to be acquired by Blackstone Property Partners for $15.85 per share. Fidelity National Information Services plunged on weak outlook. GE plans to divest real estate portfolio to Blackstone Group and Wells Fargo for $23 billion.
Apr 10, 2015 11:34 AM ET
Carrefour said first-quarter sales soared 6% to €21 billion. Majestic Wine plans to acquire Naked Wines International Ltd for £70 million. Suedzucker revenues declined 9% to €6.8 billion and operating profit tumbled 71% to €180 million. Vedanta said daily oil production declined 4%.
Apr 10, 2015 11:03 AM ET
Market indexes in Japan participated in Asia-wide rally as global investors shift attention away from the U.S. The popular Nikkei 225 Average briefly traded above 20,000 and the index in the week jumped 2.4%. Daiken Corp said net income in the year declined 9%.
Apr 10, 2015 10:03 PM ET
Industrial production in February accelerates to the fastest pace in nine months. Foreign investors continued to lift exposure to stocks and favoured three rating agencies. IndusInd Bank agreed to acquire diamond & jewellery financing business worth $712 million from Scotland-based Royal Bank.
Apr 10, 2015 9:57 AM ET
Australian market indexes extended weekly gains and Aussie dollar closed unchanged. Seasonally adjusted home loans approvals in February increased 1.2% from the previous month. Bradken rejected the latest takeover proposal.
Apr 09, 2015 1:39 PM ET
Market indexes on Wall Street struggled to advance and crude oil gained and weekly jobless claims rose less than expected. European markets advanced after German industrial production rose. Bank of England left its key lending rate on hold.