Nov 24, 2015 7:44 AM ET
Stocks in Mumbai trading lacked directions as foreign investors trim holdings. Japan-based Nippon Life Insurance lifted its stake from 26% to 49% in Reliance Life Insurance. Max India plans to sell 23% stake in Max Bupa Health insurance.
Nov 23, 2015 8:03 AM ET
Tata Communications is in talks with South Africa-based Vodacom SA to sell its Africa-based subsidiary Neotel. SeQuent Scientific’s subsidiary plans to buy Turkey-based Topkim worth $7 million. Phoenix Mills said quarterly net and sales rose ahead of expectations.
Nov 23, 2015 7:53 AM ET
Stocks in Sydney trading struggled after commodities prices reached a 6-year low. Deal news lifted the market sentiment after Woolworths is looking to sell its struggling retail unit and Veda Group advised shareholders to accept $2.5 billion deal from Equifax.
Nov 20, 2015 9:55 AM ET
Nikkei average increased and extended 4-day rally on the strength in the yen. Pharmaceutical, food and chemical sector stocks led the gainers. Bank of Japan said the domestic economy expected to recover moderately.
Nov 20, 2015 8:55 AM ET
ASX 200 Index remained flat in lackluster trading amid weak commodity prices and improving results of retail companies. Kathmandu Holdings sales in the first-quarter surged 8.5%. Myer Holdings quarterly same store sales jumped 3.9%.
Nov 19, 2015 9:25 AM ET
Nikkei in Tokyo jumped more than 1% and the Bank of Japan left its monetary stimulus program intact. Exports in October declined 2% and imports tumbled 13%, prompting a caution that the domestic economy may not be strong enough.
Nov 19, 2015 9:09 AM ET
ASX 200 Index soared 2.1% on positive company news and a rally in resource sector. Stocks also advanced on the optimism that the U.S. economy is strong enough to withstand a rate increase as early as December.
Nov 19, 2015 9:00 AM ET
Sensex jumped to a 7-week high following a sharp jump in stocks across Asia on the rising expectations that the U.S. economy is strong enough to withstand first rate hike in ten years. Auto stocks rallied. Punj Lloyd secured two contracts from NTPC.
Nov 18, 2015 8:40 AM ET
Stock in Tokyo opened nearly 1% higher but the yen weakened as investors focused on the two-day policy meeting of Bank of Japan that began today. Real estate, financial services and automobile parts makers led the gainers in trading.
Nov 18, 2015 8:36 AM ET
ASX 200 Index closed little changed after lower commodity prices weighed on resource stocks, while coal-fired electricity faces reduced government funding due to climate change concerns. Orica reported yearly net loss of $1.4 billion.