Jan 29, 2010 4:10 PM ET
Stocks in Japan declined on the worries that earnings at chip companies will be lower. Toyota also halted sales in North America of eight models and recalled as many as 1.8 million cars in Europe. Advantest Corporation led the decliners in the Nikkei 225 Stock Average with a loss of 10.2%.
Jan 29, 2010 1:01 PM ET
The RBI mopped up additional liquidity by increase cash reserve ratios for banks but left rates unchanged. The RBI also raised its outlook for the economic growth to 7.5% from 6.9% and indicated the rate can be sustained in the next fiscal year. Central government has nearly completed its borrowing.
Jan 28, 2010 4:44 PM ET
U.S. indexes closed lower with tech stocks leading the decliners. Senate reappointed Ben S. Bernanke for a second term as chairman of the Federal Reserve. European markets declined on the worries that Greece may face difficulties balancing its budget.
Jan 28, 2010 9:13 AM ET
Stocks in Shanghai increased on the optimism that the U.S. efforts to increase jobs and stimulate economy will increase exports. Stocks rebounded from their lows in the last two weeks. Cathay Pacific expects rise in first quarter passenger numbers.
Jan 28, 2010 8:47 AM ET
Investors were on hold ahead of RBI announcement tomorrow. Inflation worries are dragging market sentiment as wholesale price index hovers near record high. Tata Steel quarterly sales increased 33% and net profit gained 155%.
Jan 28, 2010 8:18 AM ET
Stocks in Japan surged after Canon reported a surge in earnings forecasted improved earnings outlook. Expectations of higher earnings at Sony, Honda and Nippon Electric Glass lifted stocks. Toyota declined nearly 4% as the automaker expanded recall program and halted sales in the U.S. and Canada.
Jan 27, 2010 7:06 PM ET
Japan debt in the fiscal year beginning April 1 is expected to surge to two times its gross domestic product prompting worries of higher rates later in the year. Exports increased 12.1% to 5.41 trillion yen in December. Bank of Japan leaves economic assessment for January unchanged.
Jan 27, 2010 6:43 PM ET
Mumbai stocks fell sharply ahead of interest rate decision on Friday. Banks and resource companies led the decliners. Rupee edged higher. Bank of Baroda quarterly net increases 17%. Century Textiles and Industries Ltd earnings triple.
Jan 27, 2010 9:28 AM ET
World markets edge lower as investors confront the prospect of rising interest rates and fewer lending supports from the central banks. Federal Reserve is expected to end its $1.25 trillion mortgage bonds markets support and the ECB is preparing to trim stimulus measures.
Jan 26, 2010 5:52 PM ET
Indexes in Shanghai and Hong Kong declined more than 2.4% after China tightened the bank lending. The uncertainty of additional monetary steps kept investors away. China Oil and Gas prices its placement near the low end of the range. Foxconn declined on profit warning.