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FTSE Drops 1.1%; Rolls-Royce, Pearson Deals

Arthi Gupta
22 Nov, 2010
New York City

The UK indexes traded lower after Ireland accepted an international bailout with the

European Indexes Lower; Swiss Money Supply Growth Eases

Arthi Gupta
22 Nov, 2010
New York City

European stocks slid after Ireland sought financial help from the EU and the IMF. French economic indicator rose in September. Swiss M3 money supply growth eased in October. Danish consumer confidence rose in November. Bulgaria''s unemployment rate fell in the third quarter.

Shanghai Drops 2%; New Homes Sales Jump 35%

Chandrasekhar Atreya
23 Nov, 2010
New York City

Stocks in China region drop on inflation worries and bank reserve ratio hike. The 5-week decline in sale of new homes in Shanghai is halted with a gain of 35% in the last week. Shanghai

U.S. Indexes Fall on Irish Bailout Package

Arthi Gupta
22 Nov, 2010
New York City

U.S. stocks declined after Ireland agreed to the EU-IMF rescue package. U.S. economic growth forecasted to be sluggish in 2011. Energy XXI agreed to acquire some oil fields from Exxon affiliates for $1 billion. Broadcom agreed to buy Gigle Networks for $75 million.

FTSE Declines 1.1%; Vedanta Raises $6 B

Arthi Gupta
19 Nov, 2010
New York City

The UK indexes fell after China inflation worries dragged commodities lower and Ireland moved closer to accept a bailout package. The UK construction sentiment declined in the third quarter. Vedanta raised $6 billion for Cairn India deal. Accenture agreed to buy Germany''s CAS Computer.

European Indexes Drop; German PPI Rises, Italy Industrial Orders Fall

Arthi Gupta
19 Nov, 2010
New York City

European indexes declined after China raised the reserve ratio by 50 basis points. Ireland edged closer to accepting bailout package. German PPI rose in October. Greek current account deficit narrowed and Italy industrial orders fell in September.

U.S. Stocks Lower, Dell Net Soars; Ireland Inches Closer to Bailout

Arthi Gupta
19 Nov, 2010
New York City

U.S. stocks traded lower after China raised commercial banks'' reserve requirement ratio. Ireland inched closer to bailout. Chevron agreed to sell its aviation fuel marketing business in Caribbean to France-based Rubis. Dell net surged amid strong corporate demand. Cisco expands stock buyback plan.

India Movers: Bharti Airtel, Coal India, Hindustan Construction

Mukesh Buch
19 Nov, 2010
New York City

Stock in Mumbai tumbled. Bharti Airtel rose 0.6% after the government panel highlighted irregularities in 2G spectrum allocation. Coal India rose 0.6%. Hindustan Construction decreased 3.1% and received an observation letter for its unit Lavasa Corp

Shanghai Indexes Rebound 0.8%, Drop 3% in the Week

Chandrasekhar Atreya
19 Nov, 2010
New York City

Stocks in China gained for the day but dropped more than 3% in the week. China is considering tightening rules to avoid insider trading. SAIC Motor Co buys nearly 1% stake in General Motor. Strong demand from China and India is expected to boost gold sale in 2010 according to the World Gold Council.

Nikkei Index Gains 3% in Week; Steel Output Rises

Chandrasekhar Atreya
19 Nov, 2010
New York City

Nikkei benchmark index posted a 3% gain for the week. Mongolian President invites Japan to develop rare earth market. A survey shows that China may have eased supplies of rare earth minerals to Japan. Crude steel output rises for the 12th consecutive month in October.

Sydney Closes Lower; RBA Expects Resource Boom to Last

Chandrasekhar Atreya
19 Nov, 2010
New York City

Australian shares closed marginally lower and fell 1.4% for the week. BHP decides to open its rail line in Pilbara region to smaller mining companies. Fortescue plans to double its iron ore capacity in its Pilbara hubs.

FTSE Surges 1.4%, Retail Sales Rise; SABMiller Net Up

Arthi Gupta
18 Nov, 2010
New York City

The UK indexes traded higher after Ireland is negotiating a bailout package with the EU, the ECB and the IMF. The UK public borrowing surpassed expectations, retail sales rose, and gross mortgage lending fell in October. SABMiller net rose on price increases as well as growth in emerging markets.

European Indexes Climb; Current Account Deficit Rises

Arthi Gupta
18 Nov, 2010
New York City

The European indexes rose on optimism of a successful bailout plan for Ireland. Euro area current account deficit rose in September. German employment climbed in the third quarter. Dutch unemployment rate fell in October but consumer confidence improved in November. Portugal PPI rose in October.

U.S. Jobless Claims Rise, Stocks Up; Irish Bailout Package

Arthi Gupta
18 Nov, 2010
New York City

U.S. stocks gained on expectations for a resolution to the Irish debt crisis and weekly jobless claims rose 2,000 to 439,000. GM priced its public offering at $33 per share. OECD cut 2011 global growth forecast. Western Coal received C$3.3 billion merger proposal from Walter Energy.

India Movers: Axis Bank, JSW, Reliance Communications

Mukesh Buch
18 Nov, 2010
New York City

Stock in Mumbai rose. AXIS Bank fell 2.7% after it agreed to acquire Enam Securities for nearly $400 million. JSW Steel soared 3.5% on $60 million expansion plan. Reliance Communications tumbled 4.8% as government panel highlighted irregularities in 2G spectrum.

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