Sep 18, 2009 2:22 PM ET
The pound fell early 0.5% after the UK government reported record August deficit. Lloyds is looking to exit government insurance program. Ashmore increased after net annual earnings decreased 18.3%. British Land Company sold 50% stake in Broadgate office complex to Blackstone.
Sep 18, 2009 12:04 PM ET
Huntington Bancshares dropped more than 10% after it completed secondary offering. Agriculture machinery makers declined. Canada based InterOil surged after it discovered natural gas field at lower than previously estimated depth in Papua New Guinea.
Sep 18, 2009 11:16 AM ET
Stocks in India edged higher but barely. Infrastructure companies lead the gainers as more power plant orders are awarded. Raymond Limited, the textile conglomerate plans to develop housing complex in north Mumbai.
Sep 17, 2009 8:12 PM ET
Steelmakers in Japan surged after JFE Holdings was reported to start a second steel mill next month. Banks fell for the fifth day in a row on the worries that the government demand loan moratorium for small businesses. Japan left its key lending rate at 0.1% and direct loan program intact.
Sep 17, 2009 7:29 PM ET
Stocks in India traded near their recent highs as infrastructure and banks edged higher. Reliance sold 1% stake in the company to raise $670 million. Bharti-MTN merger talks face dual listing structure. The latest read on wholesale inflation showed an increase of 0.12%.
Sep 17, 2009 6:45 PM ET
Australian stocks traded higher as investors bid up global stocks and commodities gain around the world. Australian dollar edged to another yearly high against the U.S. dollar. Banks and retailers gained as the imminent prospect of interest rate hike look dim.
Sep 17, 2009 5:59 PM ET
U.S. stocks edged lower after the release of housing construction data and weekly jobless claims. Home builders advanced. Natural gas plunged 8% as rising inventories and the recent price run up kept investors on the sidelines.
Sep 17, 2009 4:51 PM ET
European markets edged higher as investors show willingness to acquire more stocks. Airbus is likely to cut production for the next two years. Trade surplus at EU-16 nations increased to €6.8 billion in July from €2.3 billion in June. Construction output in the region declined 2%.
Sep 17, 2009 1:59 PM ET
UK stocks closed at a new high after gaining for the fifth day in a row. Retail sales were flat in August after rising for two months in a row. Balfour Beatty plans to raise £350 million to pay for an acquisition. Allied Irish and Bank of Ireland surge after Irish government acquires bad loans.
Sep 17, 2009 1:19 PM ET
AMR Corp surged after it arranged $2.9 billion in financing. Ivanhoe Energy soared after it discovered energy field in Ecuador. Oracle declined after quarterly sales increased less than expected. Spirit AeroSystems Holdings and ArcelorMittal were in focus on ratings revisions.