Sep 17, 2014 10:42 AM ET
Stocks in Japan closed lower for the second day and the Topix index declined for the first time after rising for six days in a row. China’s Premier Xi Jinping arrived in India and finalize talks on setting up trade zones and increase infrastructure investment.
Sep 17, 2014 9:38 AM ET
Australian market indexes declined for the sixth day in a row and losses were trimmed after China announced more capital infusion in banking system. Iron ore prices traded near six-year low and coal miners took another hit on the worries of import restrictions in China.
Sep 17, 2014 9:10 AM ET
Apollo Hospitals agreed to acquire pharmacy stores from Hetero Med Solutions for $24 million. Aurobindo Pharma received U.S. regulatory approval to market infection and stomach ulcer treatment generic drug. GMR Infra plans to raise Rs 1,500 crore through a rights offering.
Sep 16, 2014 11:18 AM ET
Stocks in Tokyo closed lower after a three-day weekend and the Topix index fell from a six-year high. Tokyo Dome fell 3.6% after the baseball stadium operator said annual net income is likely to drop 38%. SoftBank gained after Alibaba lifted its IPO price range.
Sep 15, 2014 10:28 AM ET
Autoline sells its U.S. subsidiary for $9 million. Fortis Healthcare sells its Singapore-based diagnostics unit for S$137 million. RIL raised its stake in Reliance Jio to about 99%. RPP Infra won new order worth Rs 55.20 crore in Uttar Pradesh.
Sep 12, 2014 9:49 AM ET
Bajaj Electricals won eight new orders totaling Rs 518 crore from Madhya Pradesh government. Gravita India won export order worth Rs 230 crore Gayatri Projects received Rs 159 crore order from NHAI. L&T secured an order worth Rs 1,885 crore from NTPC.
Sep 11, 2014 11:05 AM ET
Stocks in Tokyo closed higher and Topix index advanced to a new six-year high after the yen dropped to a new low against the dollar in the period. Aeon REIT said annual revenues and net income soared. Oki Electric soared on the revised earnings outlook.
Sep 11, 2014 9:18 AM ET
Cox & Kings divested its subsidiary Holidaybreak to Homair Vacances for £89 million. IDFC offered launched Rs. 2,000 crore institutional equity placement today. Indian Hotels plans to sell its stake in Morocco hotel. NTPC invest Rs 10,571 crore in two thermal plants.
Sep 10, 2014 1:41 PM ET
The yen Tokyo traded to a six-year low as the U.S. dollar rose against most currencies on the prospect of higher rates. The Topix advanced to erase losses in the year so far and closed at high not seen since July 2008.
Sep 10, 2014 12:09 PM ET
Biocon repurchased its 7.7% stake from a unit of GE Capital for $36 million. ICICI Bank board approved a stock split of 5-for-1. Lanco Infratech sold power plants to raise $829 million. SAIL dropped after government plans to offload 5% stake.