Mar 01, 2011 9:18 AM ET
The European indexes edged higher after euro-zone and German manufacturing expanded in February and German jobless rate fell. Swedish GDP rose more than estimated and Hungarian producer price index eased in January. Nestle and two France based companies are in the race to acquire Yoplait stake.
Mar 01, 2011 12:14 PM ET
U.S. indexes trade lower and Fed Chairman Bernanke said rates are likely to remain low. Health Care REIT agreed to buy real estate assets of Genesis for $2.4 billion. Range Resources sold Barnett Shale Assets for $900 million. Japan-based Daiichi Sankyo purchased Plexxikon for $805 million.
Mar 01, 2011 6:35 AM ET
Stocks in Mumbai gained a day after budget that estimated narrower deficit and auto sales soared in February. A private survey indicated manufacturing expanded at a faster pace in the month. Exports in January soared 29% and the government lifted its exports target to $225 billion.
Mar 01, 2011 5:36 AM ET
Stocks in China gained after manufacturing index declined to a six-month low and fell for the third month in a row. Poly Real Estate Group rose after 2010 net rose 40%. HSBC Holdings declined 5% after it lowered target rate of return on equity. Trading volume on mainland Chinese exchanges soared.
Mar 01, 2011 6:40 AM ET
Stocks in Japan closed higher for the second day as foreign investors see low risk of sharp rise in inflation. The benchmark Nikkei index added 2.9% in two days and export sensitive stocks led gainers. Automakers closed up. Dentsu jumped 5% after it was appointed to represent Facebook in Japan.
Mar 01, 2011 4:14 AM ET
Australian stocks and dollar closed nearly unchanged after the Reserve Bank of Australia left rates on hold and cited rising wage pressures. Current account deficit in the quarter to December widened to $7.3 billion and retail sales in January rose 0.4%.