May 23, 2014 4:24 AM ET
Nikkei in Tokyo extended weekly gains and investors focused on domestic earnings. Sony CEO vowed to completed restructuring and focus on new emerging technologies. Senshukai Co said annual net soared on sales increase of 8%.
May 23, 2014 4:23 AM ET
Australian markets traded higher in volatile week of trading and mining services company face the brunt of slowdown in the sector. Australian dollar eased but traded near elevated level. Treasury Wine Estates jumped 5% on the speculation of a rival bid.
May 26, 2014 4:12 AM ET
Atos agreed to acquire its rival Bull for €620 million in cash. InterContinental Hotels rejected a £6 billion from unknown bidder of the U.S. Moss Bros total sales climbed 5.4%. Rockhopper agreed to acquire Mediterranean Oil & Gas for £45 million. Rosneft to acquire 50% stake of Seadrill.
May 26, 2014 4:09 AM ET
Dhanlaxmi Bank net swung to loss. EIL net tumbled 43%. Lakshmi Machine profit surged 88%. Lanco Infratech net loss widened. Muthoot Finance plunged after net and revenue declined 18%. Moil net soared 36%. TCIL profit climbed 48%. Vardhman Textiles net jumped 34%.
May 26, 2014 4:08 AM ET
Investors in Japan reacted positively to the U.S. new home sales data released on Friday. The yen traded at a 2-year high and the Topix added 1.2% gained after rising 1.8% in the previous week. Sony enters in two joint ventures in China after the nation 13-year ban on game console sale.
May 26, 2014 4:07 AM ET
Australian market indexes closed higher in thin trading and the dollar traded at elevated level against the U.S. dollar. SAI Global terminated its contract with chief executive and the company received a takeover offer of $1.1 billion.
May 22, 2014 10:51 AM ET
Stocks on Wall Street extended gains and weekly jobless claims rose and existing home sales increase for the first time this year. World markets traded higher and a private survey in China showed a slight improvement in manufacturing. India is set to appoint new prime minister on Monday.
May 22, 2014 10:03 AM ET
Market indexes in Tokyo shot up and investors looked at international developments. Nikkei soared 2.1% after the U.S. Fed held its low interest rate policy intact and a private survey in China indicated a slight improvement in manufacturing. Modi is set takeover as Prime Minister in India on Monday.
May 22, 2014 9:05 AM ET
Australian market indexes closed higher after the latest private manufacturing survey showed a slight uptick in activities. Investors also bid up stocks after Fed estimated low interest rates to continue in the near future. James Hardie soared 6% after annual net income doubled.
May 21, 2014 3:52 PM ET
Russia and China agreed on a natural gas after a decade long discussions culminated under a new geopolitical realities. The $400 billion deal over 30 years is expected to diversify Russian energy customer base and offer added energy securitiy to China.