Aug 28, 2015 7:48 PM ET
Stocks in Mumbai rebounded but the rupee struggled and investors are increasingly questioning the lack of action from the Reserve Bank. Bharti is looking to sell 6,500 telecom towers in Sri Lanka and Bangladesh.
Aug 28, 2015 7:46 PM ET
Calm returned to world financial markets after seven days of volatile trading that saw major indexes swing wildly and plunge as much as 10%. Crude oil jumped for the second day in a row. Brazil entered technical recession after second quarterly contraction.
Aug 27, 2015 2:32 PM ET
Stocks on Wall Street shot up after six days of losses and crude oil futures soared more than 10%. Market indexes in New York surged as much as 4% before trimming losses and European indexes closed up at least 3%. Emerging market currencies rebounded from the recent lows in Asia.
Aug 27, 2015 12:10 PM ET
Sensex index in Mumbai surged 2% and rupee rebounded as Asian markets searched stability. The central government of India released a list of 98 cities covered in the smartcity mission. Bharti agreed to acquire Augere Wireless. HDFC plans to raise $300 million through a bond offering.
Aug 27, 2015 11:51 AM ET
Nikkei average in Tokyo extended the recent rebound to the fifth day on the back of resurgent markets in New York and Europe. Yen continued to strengthen and indexes in Asia soared and currencies in India, Indonesia and Australia edged higher. Stocks in Shanghai surged to close up 5%.
Aug 27, 2015 11:17 AM ET
Australian market indexes gained for the third day in a row in the back of resurgent international markets. Australian dollar weakened to 71 U.S. cents. Billabong, the sportswear retailer swung to annual net profit. Ausdrill annual loss widened.
Aug 26, 2015 1:26 PM ET
Stability remained elusive in global markets for the seventh day in a row as market indexes extend recent losses from peaks to between 12% and 15%. U.S. stocks are in their first decline of more than 10% since 2011. After wild swings, Shanghai markets closed down 1.3%.
Aug 26, 2015 12:42 PM ET
Monsanto withdrew from $47 billion offer for Syngenta. Schlumberger agreed to acquire Cameron Intl for $14.8 billion. Oshkosh secured $6.7 billion contacts from the U.S. Army. Chico''s net tumbled. Express net surged.
Aug 26, 2015 10:47 AM ET
Betfair agreed to a £5 billion merge agreement with the Ireland-based rival Paddy Power. HSS Hire net loss widened while revenues soared 12%. SkyePharma net swung to profit. WPP profit surged 52% to £601 million.
Aug 26, 2015 9:13 AM ET
Australian markets traded higher for the second day as wild market swings persisted around the world. Westfiled Corp, global developer of malls said annual net swings to profit. Worleyparsons, the engineering contractor said annual revenues fell 8%.