Apr 30, 2010 2:25 PM ET
Japanís unemployment rate at 5% in March and family spending advanced 4.4% in the month. The consumer price index rises 0.3% in March. Ashok Leyland Nissan venture in India plans to roll out light commercial vehicle in 2011. Stocks in Tokyo trading closed higher tracking international gains.
Apr 30, 2010 11:53 AM ET
Market index advance on the back of positive earnings. Foreign holdings of stocks increased to record $79.1 billion and bonds to $13 billion. Gold price reached to 4-month high ahead of wedding season. Ashok Leyland Limited net surges three-fold and Biocon Limited net doubled.
Apr 29, 2010 2:57 PM ET
Stocks in Hong Kong and Shanghai closed lower on the worries that euro zone financial crisis may deepen. Banks reported higher profits. Ping An Insurance Co reported a surge in profit. China Shenhua Energy Co reported better than expected earnings after the close.
Apr 29, 2010 10:53 AM ET
The benchmark Sensex index rebounded from the largest one day drop in three months on better than expected earnings, recovering global markets and inflation data. Food price declined in the period. The government launched disinvestment with the proposed 10% stake sale in SJVN Ltd.
Apr 28, 2010 3:39 PM ET
Property developers led the decliners in Hong Kong and Shanghai trading. China postponed a residential land auction to next month after bids exceeded the upper limit set by the government. Beijing will issue new directive for second and third homes in the city.
Apr 28, 2010 11:52 AM ET
Stocks in Japan dropped sharply after world markets declined. Rating downgrade of Greek and Portugal debt raised fears of wider contagion in the euro region. Japan Airlines accelerated route cuts and estimated loss in the year. March retail sales surged at the fastest pace in thirteen years.
Apr 28, 2010 10:32 AM ET
World market declines overshadowed positive earnings dragging market indexes and rupee lower. Bharti Airtel Ltd fourth quarter profit declined 8% on severe price competition. Canara Bank quarterly net profit gained declined 30%. LIC Housing Finance Limited quarterly net rose 36%.
Apr 27, 2010 3:41 PM ET
Market indexes declined in Shanghai and Hong Kong fell on the worries that China will tighten lending and oversight of property developers. Banks declined in Shanghai. China Vanke declined after the developer said earnings dropped 53%.
Apr 27, 2010 3:01 PM ET
Inflation worries took the air from the market rally. Comments from RBI Governor Rao reignited fears that interest rates will rise faster than expected. Punjab and Sind Bank plans to list the bank in a public offering. India may sell a stake in Indian Oil Corporation.
Apr 27, 2010 12:36 PM ET
Better than expected earnings contributed to positive sentiment in Tokyo trading. Sharp Corp and Mazda Motor Corp lifted annual outlooks. Nippon Yusen, Mitsui OSK and Kawasaki Kaisen estimated higher profits on improved freight rates.