Apr 20, 2015 11:25 AM ET
Stocks in Tokyo eased. China offered a large and unexpected stimulus as Chinese regulators crack down on speculative lending supporting a surge of more than 80% in benchmark indexes. Itochu annual sales surged 22% and net income soared 49%.
Apr 20, 2015 11:21 AM ET
Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.
Apr 20, 2015 11:23 AM ET
Stocks in Mumbai traded lower and market indexes dropped 1.9% on earnings jitters and strengthening dollar. JSW said steel production in March jumped 11%. LIC Housing Finance net rose 2%. Titagarh Wagons net surged.
Apr 17, 2015 2:06 PM ET
Market indexes on Wall Street slumped more than 1%, European markets extended weekly losses and China curbed shadow financing to speculate in stock market. U.S. consumer confidence improved and the cost of living rose in March for a third month in a row.
Apr 17, 2015 12:35 PM ET
American Express net jumped 6%. AMD tumbled 14% after net loss widened. GE net swung to a loss on 12% decline in revenues. Honeywell profit climbed 10% but revenues dropped 5%. Schlumberger net tumbled 36%. Seagate profit declined 26%.
Apr 17, 2015 10:38 AM ET
Accor first-quarter sales climbed 8% to €1.2 billion. Nestle quarterly sales barely increased 0.5%. Syngenta said quarterly plunged 14% to $4 billion.
Apr 17, 2015 9:51 AM ET
Stocks in Tokyo struggled as investors awaited corporate earnings next week. Yen firmed up. Nikkei 225 declined to the lowest not seen since April 7 and the broader Topix gained for the third week in a row. Tri-Stage, the advertising company said annual revenues declined 11%.
Apr 17, 2015 9:38 AM ET
Australian market indexes reversed some of the weekly gains on weak commodities prices. Aussie dollar remained firm near 78 U.S. cents. Santos Limited first-quarter revenues declined 24% on 7% fall in production.
Apr 17, 2015 8:24 AM ET
Tata Consultancy, the largest India-based software services provider said quarterly net rose 8%. Reliance Industries reported quarterly income increased 11% but weak crude oil price dragged revenues down 35%. CRISIL said net in the quarter declined 18%. LIC increased its stake in Hindalco.
Apr 16, 2015 2:44 PM ET
Stocks struggled on Wall Street and banks reported higher than expected earnings. Goldman Sachs earnings soared offering another sign of the rebounding profits on Wall Street. German bond yields dropped closer to zero.