Apr 03, 2014 10:04 AM ET
U.S. trade deficit increased 7.7% after exports declined more than 1%. A rise in crude oil prices in February contributed the rise in trade deficit.
Apr 03, 2014 9:34 AM ET
Investors in Tokyo extended broader rally in stocks to the second week. Electronics makers and auto exporters led the gainers after the yen declined 0.2%, the second weekly decline in a row. Softbank increase investment in a messaging venture with India based Bharti Enterprises.
Apr 03, 2014 8:57 AM ET
Australian retail sales rose for the sixth month in a row and trade surplus was ahead of estimates. February retail sales gained 0.2% after rising 1.2% in January. Trade surplus in February jumped 33% to $1.23 billion. Fonterra and Woolworths sign a 10-year deal.
Apr 03, 2014 8:38 AM ET
Ashok Leyland won a contract worth $50 million from Zimbabwe. Hindustan Motors total sales in March tumbled 74%. Transformers & Rectifiers production in fiscal 2014 climbed. Venus Remedies received approval for infection treatment antibiotic in Venezuela.
Apr 02, 2014 2:01 PM ET
U.S. stocks struggled but traded higher ahead of jobs report on Friday. ADP survey showed private employers added 191,000 jobs in March, the largest in the year so far. Amazon is ready to sell set-top box to stream its video library and branch into entertainment business.
Apr 02, 2014 1:32 PM ET
Acuity Brands net soared 32% after sales climbed 12%. Jos. A. Bank net slipped 4%. Monsanto net surged 13% and sales jumped 7%. UniFirst net fell 4% but revenues rose 3%.
Apr 02, 2014 6:50 AM ET
Asos net declined 21% but revenue surged 34%. Deutsche Post lifted its earnings outlook. Domino''''s Pizza Group March sales climbed 15% to £189 million and sales through online platforms surged 25%. Marks and Spencer plans to open 250 new stores outside the UK.
Apr 02, 2014 11:49 AM ET
Stocks in Tokyo closed higher and extended rally to the second week and the yen eased. Toyota said U.S. sales increased 4.9% in March. Nissan sales rose 8% and Honda sales declined 2%. Hokkaido Electric extended two-day loss to 15%. Fast Retailing March same store sales increased 0.6%.
Apr 02, 2014 12:36 PM ET
Australian stocks closed higher in weak trading volume. Building approvals in February fell 5% on the month and surged 23% from a year ago. Goodman Fielder issued a profit warning. Noni B said quarterly sales dropped 14% and said the retailer is working to lower costs.
Apr 02, 2014 9:28 AM ET
Ashok Leyland said sales in March declined 27%. BEL reported provisional turnover of Rs 6,180 crore. Bajaj Auto March sales edged up and year sales declined 9%. Il&Fs won order worth Rs 176 crore. RIL received $500 million in financing from EDC Canada.