Nov 26, 2009 11:28 AM ET
Emerging markets declined after Dubai, UAE was forced to rollover debt maturing next month. Tata Steel Ltd plunges after Corus unit reports weaker than expected results and swung to a loss. The wholesale price index decreased 0.2% in October from a year ago.
Nov 25, 2009 8:15 PM ET
Japan stocks are expected to open higher tracking the gains in New York. Futures of resource stocks are leading higher after gold closed at a record high. Automakers gained and shippers and real estate developers fell in Wednesday’s trading.
Nov 25, 2009 7:15 PM ET
Stocks in Mumbai traded higher. MphasiS Ltd quarterly net rises 34%. Astec LifeSciences IPO closed up 7% from the offer price. Videocon is in discussions to sell 25% stake in its power division. Indian rupee edged higher to 46.29 against a dollar.
Nov 25, 2009 6:51 PM ET
The central banks around the world are looking to diversify their foreign reserve and increase their holdings of gold and currencies other than the U.S. dollar. Gold rallied to a new high and the Swiss franc traded at parity to the U.S. dollar. Vietnam devalued the dong by 5.2% and raised rates.
Nov 25, 2009 2:37 PM ET
Banks in Europe were under pressure after the Bundesbank estimated additional losses of as much as €90 billion. Christian Dior announces 2009 interim dividend. Porsche plans to repay €11 billion debt after its merger with Volkswagen and reported a full-year loss of €2.52 billion.
Nov 25, 2009 1:09 PM ET
UK stocks closed higher after the third quarter GDP estimates was revised to 0.3 shrink from 0.4% fall. London Stock Exchange Group first-half profit declines. Compass Group shares hit 7-year high as fiscal year net beats market view.
Nov 25, 2009 12:00 PM ET
Tiffany & Co led gainers in the S&P 500 index with a rise of 4.1%. Coldwater Creek Inc posts $34 million loss. Eaton Vance Corp net surges 39%. H. J. Heinz Co second quarter net falls. Conns Inc third quarter loss widens on charges. Deere & Co reports annual profit.
Nov 25, 2009 10:42 AM ET
U.S. stocks traded flat after the weekly jobless claims declined 35,000. October durable goods orders decreased 0.6% and personal income increased 0.2%. Single family new home sales increased 6.2% in the month. Gold trades at a record high.
Nov 24, 2009 6:01 PM ET
U.S. stocks declined and gold surged to a new high on the weakness in dollar. Fed minutes showed that officials worried that lowering interest rates may lead to excessive speculation. The third quarter economic growth was revised lower to 2.8%.
Nov 24, 2009 4:26 PM ET
Australian stocks declined tracking losses in metals and commodities prices. BHP Billiton is in advanced stages to sell its closed nickel mining operation for as much as $500 million. Woodside lowers its production target in the current year by 7%.