Mar 10, 2010 4:58 PM ET
Stocks in India traded higher on the expectations of higher domestic consumption and the government pledge to trim budget deficit. Bolivia moves to scrap contract with Jindal Steel to invest in iron ore mines. Patel Engineering gets government approval for coal linkage for its power plants.
Mar 10, 2010 8:11 AM ET
Stocks in Japan struggle after wholesale prices declined for the fourteenth month in a row. Machinery orders index, the measure of business investment and future outlook declined 3.7% in January after surging 20% in December. Beer shipments decline 6.3% in February.
Mar 09, 2010 5:08 PM ET
U.S. stocks closed fractionally higher as financials surged on a speculation that the U.S. is preparing to sell its 27% stake in Citigroup. Telecom surged after Cisco released faster and cheaper router to process video data. Sony Corp targeted higher sales of 3D televisions.
Mar 09, 2010 4:19 PM ET
Property stocks gained after a central bank official said that China does not need additional lending curbs and the current measures are already working. Total vehicles sales surged in February by 46%.
Mar 09, 2010 11:01 AM ET
Mumbai stocks struggled on the anniversary day when world markets traded at multi-year lows a year ago. The Sensex has doubled in a year on the improving global economic outlook. Tata Motors declined 3% after Daimler AG sold its 5.3% stake that it held since 1954.
Mar 09, 2010 9:07 AM ET
The economic measure indicting economic activities increased in January as exports strengthen and unemployment declines to 10-month low. Sony Corp is targeting to sell 25 million LCD TVs and 2 million 3D models in the next fiscal year beginning April 1. The yen gains against the euro and the dollar.
Mar 08, 2010 6:03 PM ET
Stocks in Hong Kong surge tracking gains in the U.S. markets after unemployment was unchanged in February at 9.7%. China Southern Airline plans to raise 10.75 billion yuan to repay some of its 60 billion yuan debt. ICBC said 2009 loan growth was the fastest in three years.
Mar 08, 2010 5:30 PM ET
U.S. stocks struggled at close. MetLife agreed to acquire life insurance division of AIG for $15.5 billion. Royal Dutch Shell and PetroChina bid for Arrow Energy in Australia. Oil stays firm and the dollar inches lower. LyondellBasel prefers its restructuring to the offer from Reliance Industries.
Mar 08, 2010 9:55 AM ET
Japan January exports surged 41% and imports increased 7% as exports to the U.S., EU and China rebound for the second month in a row. Current account swings to a surplus from a year ago month. JFE Holdings agreed to a 55% increase in price in a quarterly contract.
Mar 08, 2010 9:27 AM ET
Banks in India surged after finance minister Mukherjee sought Parliament approval to permit banks to sell more shares. Rupee edged higher. Essar Group agreed to acquire Trinity Coal Corp for $600 million and is said to prepare securities offering in London for as much as $3 billion.