Jun 04, 2014 9:10 AM ET
Australian investors focused on the stimulus announcement from the European Central Bank tomorrow. Australian GDP rose at the fastest pace in two years but economists warned the recent decline in iron ore price will impact the economic data in the next quarters.
Jun 04, 2014 8:52 AM ET
Maruti Suzuki production in May jumped 20%. NFL climbed after net loss narrowed as net sales surged 73%. Trent said Tesco completed its stake acquisition in Trent Hypermarkets.
Jun 03, 2014 10:04 AM ET
U.S. stocks opened lower and the European Central Bank is considering additional liquidity measures to arrest the risks of negative price spiral. Asian markets closed higher as U.S. indexes closed up 2% in May, fourth monthly increase in a row. Factory orders rise slows to 0.7% in April.
Jun 03, 2014 9:45 AM ET
The euro zone inflation stayed below 1% for the eighth month in a row as the central bank mulls additional conditional liquidity measures for banks. The inflation index fell to 0.5% rate in May from 0.7% in April, the Eurostat said in Luxembourg today.
Jun 03, 2014 9:18 AM ET
Stocks in Japan extended gains for the ninth day in a row and the yen eased. The government pension fund report notes were seen as a boost to Japanese equities. Market indexes in Asia closed higher.
Jun 03, 2014 8:49 AM ET
Australia left its interest rate at record low 2.5% and current account deficit fell after a surge in iron ore and coal exports in the last quarter. RBA also noted high value of Aussie despite the sharp fall in coal and iron ore prices. Retail sales in April declined 0.2%.
Jun 03, 2014 8:29 AM ET
Ashok Leyland total sales in May declined 9%. Adhunik Industries net soared 54% on 32% drop in sales. Dr Datsons Labs net loss narrowed. Eicher Motors sales surged 86% and export climbed. Tata Motors total sales plunged 24%.
Jun 02, 2014 11:54 AM ET
Connís net surged eight-fold. Calavo Growers profit soared on 17% increase in sales. Marathon Oil to sell its Norwegian operations for $2.7 billion. Nordion net surged eight-fold. Ventas agreed to acquire ARC Healthcare for $2.6 billion in cash.
Jun 02, 2014 11:41 AM ET
Stocks on Wall Street eased after construction spending rose less than expected and a private survey of U.S. manufacturing showed an unexpected slowdown. Markets in Asia closed higher and European markets focused on latest deals.
Jun 02, 2014 10:55 AM ET
Alcatel Lucent plans to issue Ä1 billion of convertible bonds. Bilfinger plans to sell its civil engineering division. Det norske agreed to buy Norwegian operations of Marathon Oil for $2.7 billion. Henkel agreed to acquire three hair care companies in the U.S. for Ä270 million.