Apr 05, 2013 9:54 AM ET
Australian stocks traded lower in weak trading sentiment in Asia. Banks led the decliners and resource stocks closed mixed. Base metals traded higher but precious metals declined along with crude oil futures on the move in the U.S. dollar.
Apr 05, 2013 9:33 AM ET
GMR bid for airport development project in Philippines. Maruti surged on weaker yen. Power Grid board approved investment of $700 million. Shriram City hired banks for share sale of up to $182 million.
Apr 04, 2013 12:15 PM ET
International Speedway second quarter net declined 21%. Ocwen Financial completed the purchase of Liberty Home Equity Solutions. Provident New York plans to acquire Sterling Bancorp for $344 million in stock. RPM Intl second quarter net swung to loss.
Apr 04, 2013 12:04 PM ET
European Central Bank held its reference rate at 0.75% and Bank of England kept its benchmark rate at 0.5% and did not expand its bond buying program.
Apr 04, 2013 12:01 PM ET
U.S. stocks rebounded after Bank of Japan embarked on aggressive and bold monetary easing with a goal to double monetary base and inflation of 2% in the next two years. U.S. weekly jobless claims increased more than expected.
Apr 04, 2013 10:12 AM ET
Booker total sales increased 3.5% to £4 billion. Banca Generali said Assicurazioni Generali successful completed a stake sale of 12% in the bank. BTG expects full-year revenue of £230 million. Domino''s sales for the quarter jumped 12.3% to £164.1 million.
Apr 04, 2013 9:47 AM ET
Bank of Japan embarked on bold experiment to end economic stagnation of two decades and doubled its asset purchase program and increase monetary base in two years. Economists fear that the latest experiment will create real estate and securities price bubble in Japan but financial markets surged.
Apr 04, 2013 9:08 AM ET
Australian dollar and stocks edged lower and retail sales in February increased 1.3% and new car sales jumped 7.4% in March. New home construction approvals in February rose 3.1%.
Apr 04, 2013 8:30 AM ET
Government plans to sell its 4.1% stake in Coal India to raise $3.67 billion. Crompton Greaves wins a contract worth $50 million in Netherlands. Hexaware signed a contract with the US based client worth $30 million. Diageo Plc agreed to buy a majority stake United Spirits for $2 billion.
Apr 03, 2013 12:40 PM ET
U.S. market indexes pulled back after the latest data on private sector net job addition was weaker than expected. In addition, the latest survey on the dominant service sector in the economy also indicated a slowdown.