Nov 11, 2009 5:54 PM ET
Investors in Japan focused on rising yen. Exporters were among the leading decliners. Japan machinery orders rise 6% in September and increased 10.5% after adjusting for volatile orders. The retailer Aeon Company Ltd decreased 5% as it plans to sell $1.1 billion of bonds and repay short term debt.
Nov 11, 2009 5:24 PM ET
Consumer sentiment index in Australia drops 2.5% in November. AMP urges Axa Asia Pacific Holdings to reconsider A$11 billion bid. Australian regulators approve Woolworth takeover of Danks. The Aussie dollar trades near the high of the year.
Nov 11, 2009 5:05 PM ET
U.S. and other American markets closed higher after a rally in commodities and resource stocks. Global markets rally was sparked after economic data in Japan and China indicated robust industrial activities. Gold reached a new high.
Nov 11, 2009 4:51 PM ET
EU extended deadline for fiscal deficit target requirement for France and Spain to 2013 and for the UK and Ireland to 2014. Nine countries were added on the deficit watch list. Banks in Europe closed higher after Credit Agricole reported better than expected earnings.
Nov 11, 2009 2:38 PM ET
UK stocks closed higher on a rise in commodities prices. J Sainsbury first-half profits beat expectations. Reed CEO departs as recession bites. October jobless claims increased at the slowest pace in eighteen months. The unemployment rate increased to 7.8% in the quarter ending in September.
Nov 11, 2009 1:11 PM ET
Clearwire Corp plunged 13% after it said to prepare a rights offering $1.5 billion. Macy’s declined after the quarterly sell declined. Maidenform Brands, Inc profits jump in third quarter. Toll Brothers surged on quarterly results and lower than expected cancellation rate.
Nov 11, 2009 12:06 PM ET
Stocks in India continued their ascent after the release of exports and tax collection data. Exports in October fell 11.4% and in the seven months declined 26.5%. Indirect tax collection fell 21.6% in the period. Shree Renuka Sugars Ltd acquired Brazil based sugar plantation.
Nov 11, 2009 9:13 AM ET
European banks advanced after better than expected earnings from Credit Agricole SA, ING Groep NV, Intesa Sanpaolo SpA and UniCredit SpA. Switzerland based Holcim Ltd reported better than expected earnings on cost cutting. Sainsbury net in the first half rises 48%. HK Stock Exchange net surges.
Nov 11, 2009 9:04 AM ET
U.S. stocks are expected to open higher. China retail sales and industrial production increased surged in October. Japan machinery orders rose in September and are expected to show its first quarterly gain in two years. European banks gained after reporting better than expected earnings.
Nov 10, 2009 7:13 PM ET
Stocks in Shanghai and Hong Kong gained tracking the international markets rise after a statement from G-20. The fund flows continue in the Hong Kong stock and property markets. China reported a rise in property prices increased 3.9% in October across seventy largest cities.