Aug 20, 2015 4:25 PM ET
Fear began to set in global markets with oil flirting with new multi-year lows, deepening slowdown in China and continued uncertainty about the rate hike timing in the U.S. and growing instability in the euro zone. Kazakhstan currency plunged 25% and Vietnam devalued 1%.
Aug 20, 2015 1:02 PM ET
Stocks in Tokyo declined following another week of volatile trading in Shanghai and weak commodities prices. Real estate information provider Next Co said quarterly revenues rose 58%. Nippon REIT said first-half sales and net rose more than 90%.
Aug 20, 2015 12:51 PM ET
Buckle net fell 4%. Bon-Ton net loss widened after sales dropped. Cato net slid. L Brands profit soared 8% and lifted fiscal outlook. Madison Square Garden net surged 294%. Stage Stores profit tumbled 86% and lowered earnings estimate. Sears net swung to profit. Tech Data net soared 94%.
Aug 20, 2015 11:21 AM ET
Ahold profit more than doubled. Bank of England fined record £120 million to Co-operative Bank for misleading financial reporting. Imperial Tobacco net more than doubled to £853 million. Premier Oil net swung to a loss. Schaeffler profit surged 47%.
Aug 20, 2015 10:35 AM ET
Sensex in Mumbai declined on the persistent weakness in rupee and investors overlooked the new lows in crude oil price. Sun Pharmaceutical and Lupin won U.S. regulatory approvals for new drugs. PVR acquired 70% stake in Zea Maize Pvt Ltd.
Aug 19, 2015 1:57 PM ET
World financial markets declined after volatile Chinese stocks raised the prospect of larger than expected economic slowdown. Oil and copper traded at new six-year lows. German lawmakers approved third Greek bailout.
Aug 19, 2015 1:24 PM ET
Nikkei average in Tokyo dropped to a five-month low after another slide in Shanghai stocks and trade deficit widened. Kirin acquired 55% stake in the government controlled brewery in Myanmar. Toshiba Corp soared 8% after forming new board.
Aug 19, 2015 1:13 PM ET
Australian stocks rebounded for the second day in a row after bargain hunters searched for values. In active trading, banks led the market index advance. Stockland said housing boom supported earnings rise. Woodside Petroleum slashed its dividend. Arrium swung to a quarterly loss.
Aug 19, 2015 1:09 PM ET
Generic drug makers and software services exporters led the gainers in Mumbai trading. DLF plans to sell its land parcel in Kochi. ICICI Bank acquired 9% stake in Karuturi Global. Tata Elxsi profit surged 71% on 28% increase in revenues.
Aug 19, 2015 12:55 PM ET
American Eagle net jumped 4% and sales soared. Analog Devices net increased 5%. Eaton Vance revenues and profit fell. Lowe''s revenues and net jumped 4%. Staples profit tumbled 56%. Seagate agreed to acquire Dot Hill. Target profit surged.