Dec 01, 2014 12:03 PM ET
Indexes in Japan extended gains and the Topix index increased to a new six-year high and airlines surged after oil price dropped to a new four-year low. Moody’s lowered Japan government credit rating by one notch and the yen declined to a seven-year low.
Dec 01, 2014 10:30 AM ET
Australian indexes plunged 1.9% and the Aussie dollar eased after crude oil prices dropped sharply following 7% plunge in New York. Resource stocks also dropped after gold dropped 3% and crude oil futures tumbled nearly 10%. Metcash plunged 16% and the wholesaler reaffirmed its restructuring plan.
Dec 01, 2014 10:14 AM ET
Altice agreed to acquire Portugal Telecom SGPS S.A. from Brazilian wireless carrier Oi S.A. for €7.4 billion. E.ON plans to split into two companies. Balfour Beatty received £1 billion non-binding proposal from John Laing Infrastructure Fund. Vodafone plans to acquire Blinkbox.
Dec 01, 2014 10:01 AM ET
Ashok Leyland sales in November soared 44%. Eicher sales surged 52%. M&M total tractor sales fell 34%. Maruti sales rose 20%. Steel Strips sales jumped 21%. TVS sales jumped 36%.