Sep 04, 2013 9:23 AM ET
Australia’s economy in June quarter increased at 0.6% and advanced 2.6% from a year ago quarter as consumer spending drove the advance. BHP Billiton opened its coking coal mine in Queensland ahead of schedule. Rio Tinto is seeking additional cost cuts at its Pilbara mines.
Sep 04, 2013 9:10 AM ET
Bhel won approval Bhart Heavy Plate and Vessels. Gujarat Gas singed pact with GSPC for gas supply. Hanung Toys withdrew stock split proposal. SKS Microfinance founder and key shareholder trim stakes. Tata Motors reconfirmed planned investment of $44.12 million.
Sep 03, 2013 2:27 PM ET
U.S. stocks pared gains as investors react to merger deals and improving economic news from around the world. Market indexes in New York and Europe turned lower after more political leaders in the U.S. supported president’s call for a military strike against Syria.
Sep 03, 2013 12:14 PM ET
CBS climbed after a deal with Time Warner Cable. Jarden agreed to acquire Yankee Candle for $1.75 billion in cash. Microsoft agreed to buy handset business of Nokia for $7.2 billion. Morgan Stanley sued NCU Administration. Verizon increase dividend.
Sep 03, 2013 12:13 PM ET
Australian stocks closed higher and the Reserve Bank of Australia left its benchmark rate at 2.5%. Retail spending increased 0.1% in July and current account deficit in June quarter widened to $9.35 billion.
Sep 03, 2013 11:36 AM ET
Stocks in Tokyo gained on the latest improving economic data from China and Europe. Utility stocks advanced after Prime Minister offered financial assurance to contain Fukushima disaster and a panel said fault line below Osaka nuclear power plant is not active.
Sep 03, 2013 11:14 AM ET
Dufry secured long-term contracts with airports in Brazil. Enel plans to revive hybrid bond sale to raise €5 billion. Microsoft agreed to acquire Nokia’s handset business for €5.44 billion. UK based Wonga said net profit climbed 36% to £62.5 million.
Sep 03, 2013 9:12 AM ET
Diamond Power secured orders worth $30.5 million. Essar Oil and ONGC are short-listed for $4.4 billion oil field license in Iraq. SAIL said August sales climbed 16%. Steel Strips August sales soared 16%.
Sep 02, 2013 11:01 AM ET
Peugeot said new cars registrations in France plunged 17% in August. Rio Tinto climbed after its Australia infrastructure expansion. Vodafone is expected to finalize today to 45% stake sell in Verizon Wireless.
Sep 02, 2013 10:52 AM ET
Stocks in Tokyo gained and the yen edged lower on the first day of trading in September. Better than expected reading on manufacturing in China also lifted capital goods companies in Tokyo. Consumer lending companies gained on the expectations of higher borrowings.