Chandrasekhar Atreya
03 Aug, 2010
New York City
Stocks in Mumbai traded higher after positive earnings and Coal India prepares for its public offering. SKS Microfinance IPO was oversubscribed nearly 14 times. NMDC reports 100% jump in first quarter profit. Adani plans to import 400,00 tons of coal.
Chandrasekhar Atreya
03 Aug, 2010
New York City
Stocks in China fell on a weakness in banks while in Hong Kong edged higher. Shanghai new home sales slowed in July. Geely Holdings completes $1.5 billion acquisition of Volvo. A new Foxconn facility starts production of iPhones in Henan Province.
Chandrasekhar Atreya
03 Aug, 2010
New York City
Stocks in Japan gained on earnings outlook. Funai Electric Co first quarter net drops. Toyota appoints lead lawyer against class action lawsuit in the U.S. J-Power plans to replace two ageing coal-fired power plants in Hiroshima prefecture.
Chandrasekhar Atreya
03 Aug, 2010
New York City
Stocks in Australia traded higher on offshore leads after RBA left interest rate unchanged. Building approvals falls in June. Linc Energy stops trading of shares till August 5. Aston Resources IPO started on Monday.
123jump.com Staff
03 Aug, 2010
New York City
U.S. stocks surged after the latest report in manufacturing industry and construction spending and positive earnings. Market indexes traded as high as 2.1% and crude oil rallied. The dollar edged lower against the pound and the euro. Earnings from HSBC, BNP Paribas and Humana lifted sentiment.
123jump.com Staff
02 Aug, 2010
New York City
U.S. stocks traded sharply higher after manufacturing expanded and positive earnings reports. S&P 500 index extended gains of 6.9% in July by another 1.6%. Banks traded higher in the U.S. and in Europe after HSBC reported pre-tax profit doubled.
Arthi Gupta
02 Aug, 2010
New York City
The UK indexes soar after HSBC first-half profit more than doubles. The UK manufacturing index dips in July. Irish manufacturing sector slows in July. BP establishes $100 million fund through Baton Rouge Foundation and is gearing to permanently seal ruptured oil well in the Gulf of Mexico.
Arthi Gupta
02 Aug, 2010
New York City
The European markets surge after BNP Paribas and HSBC reported upbeat results. Euro-zone and German manufacturing indexes rise to a three-month high but the index for France drops to 10-month low in July. Swiss retail sales fall in June.
Arthi Gupta
02 Aug, 2010
New York City
U.S. stocks gain after better-than-estimated earnings. BP establishes $100 million fund and prepares to permanently seal leaking oil well. Geely completes the purchase of Volvo Car Corp. for $1.8 billion. The UAE joins Bahrain and India and may suspend BlackBerry messaging services from October.
Chandrasekhar Atreya
02 Aug, 2010
New York City
Stocks in Mumbai gained the most in a month and a half led by the positive results of ICICI Bank. SEBI allows currency options on dollar-rupee exchange rate direction. Consumer Price Index for industrial workers rises in June. Berger Paints expands to double capacity.
Chandrasekhar Atreya
02 Aug, 2010
New York City
Stocks in China region rose extending the best monthly gain in one year on policy outlook. China overtakes Japan as the world
123jump.com Staff
02 Aug, 2010
New York City
Stocks in Japan gained on earnings outlook. Former central bank deputy governor said targeting inflation is not the correct way to end deflation. Monthly wages rises in June. Sales of cars, trucks and buses rise 15% in July from a year earlier led by Toyota Motor and Honda Motor Co.
Chandrasekhar Atreya
02 Aug, 2010
New York City
Stocks in Australia traded higher on strong earnings outlook. Housing boom slows in June. Manufacturing activity picks momentum in July. Most exporters do not use hedging as a tool as they expect the Aussie dollar to trade high.
123jump.com Staff
30 Jul, 2010
New York City
U.S. economy in the second quarter expanded at a slower pace of 2.4%. Corporate earnings have been ahead of expectations but the economy has lost more than 8 million since 2007. Consumer sentiment index declined in July. Yields on 10-year bonds declined to 2.91%.
Arthi Gupta
30 Jul, 2010
New York City
The UK stocks decline after disappointing U.S. GDP data and a drop in consumer confidence, fifth monthly decline in a row in July. The financial regulator is ready to expand its authority that covers board remuneration. France based EDF agreed to sell its UK electricity network for $9 billion.
