Apr 15, 2013 10:06 AM ET
Stocks in Tokyo declined after the U.S. plans to ask Japan to refrain from the measures to devalue the yen. The yen gained more than 1%. Exporters and machinery makers declined after China reported a slowdown in economic growth. Sharp plans to sell its stake in Pioneer Corp.
Apr 15, 2013 9:31 AM ET
Resource sector stocks plunged after China reported a decline in economic growth and property and fixed-asset investment growth. Domestically, home loan growth increased for the first time in five months in February.
Apr 15, 2013 8:48 AM ET
Markets across the Europe fell sharply after China reported lower than expected economic growth, industrial output and fixed asset investments. Resource sector and market indexes in London, Paris and Frankfurt fell at least 1%.
Apr 15, 2013 8:39 AM ET
BHEL said pre-tax profit for the fiscal year soared 92%. U.S. based Oppenheimer increased its stake in DLF to 5.18%. Geojit profit for the fiscal year surged more than three-fold. L&T acquired remaining 50% stake in L&T-Komatsu Japan. Technocraft agreed to acquire Canada based Swift.
Apr 12, 2013 1:24 PM ET
European markets traded lower with Germany leading the losers. The across the board sell-off was accelerated after Cyprus sought additional bailout and the worries of growing contagion to smaller nations in the euro zone.
Apr 12, 2013 11:19 AM ET
JPMorgan first quarter net surged 33% to $6.53 billion. LinkedIn agreed to buy news reader Pulse for $90 million. Shaw second quarter net gained 2% to $182 million. Wells Fargo second quarter net surged 23% to $4.93 billion.
Apr 12, 2013 11:03 AM ET
U.S. stocks traded lower after retail sales fell unexpectedly and consumer sentiment index declined to a 9-month low. JPMorgan Chase said first quarter net income increased 33% and Wells Fargo net jumped 22% but revenues fell. JC Penney seeks help to raise $1 billion.
Apr 12, 2013 10:33 AM ET
oh. A. Benckiser agreed to buy Master Blenders for €7.5 billion or $9.8 billion of the rest of the Dutch coffee company. Volkswagen reported China sales surged in March.
Apr 12, 2013 9:54 AM ET
Stocks in Tokyo rested and the Nikkei index extended gains by 5.1% in the week. Chiyoda Corp declined after Woodside Petroleum canceled its LNG export terminal project. Fast Retailing fell after Uniqlo reported a 16% fall in operating profit.
Apr 12, 2013 9:05 AM ET
Australian stocks gained and finished the week higher after losses in the previous week. The ASX 200 index closed up 2.5%. Woodside Petroleum decided against building an onshore plant at its $45 billion LNG project in Western Australia.