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China Region Stocks Rally; China Reserves at Record $2.84 Trillion

Chandrasekhar Atreya
11 Jan, 2011
New York City

Stock indexes in Shanghai rally 0.5% and in Hong Kong surge 1%. China

Japan Plans to Buy Euro-zone Bonds; Nikkei Slipped

Chandrasekhar Atreya
11 Jan, 2011
New York City

Stocks in Tokyo trading declined after reaching eight-month high last week. Japan plans to but euro-zone debt as the European Union prepared to float bonds to pump capital in the struggling economies. The latest survey shows a decline in adult population reaching the age of 20 years.

Brisbane Faces Evacuation, Flood Damages Mount in Australia

Chandrasekhar Atreya
11 Jan, 2011
New York City

Australian coal trade is severely disrupted and fears are rising that the damage to the economy may be larger than anticipated. Rising flood waters enter the city of Brisbane, the third largest city in Australia. Trade surplus in November narrowed to $1.925 billion.

World Markets Slide; $22 Billion of Mergers, Euro Contagion Worries

Bikram Pandey
10 Jan, 2011
New York City

Deals of $22 billion failed to lift world market indexes. Investors were cautious in Europe ahead of bond sale from Spain, Portugal and Italy. For-profit education providers fell sharply after Strayer indicated weaker than expected new registrations. Fiat increased its stake in Chrysler to 25%.

LDK Solar, Conexant, Smith & News Rise; Strayer Plunges

Mukesh Buch
10 Jan, 2011
New York City

Acuity Brands first quarter sales increased 8.5% to $425.0 million. iGATE agree to acquire majority stake in Patni Computer Systems. PriceSmart first quarter total revenues increased 22.3% to $386.07 million. Playboy Enterprises Inc agreed to be taken private by founder Hugh Hefner.

UK Indexes Drop; Smith & Nephew Rebuffs J&J

Arthi Gupta
10 Jan, 2011
New York City

The UK indexes slid after home prices slumped and financial services activity improved. The UK PM Cameron expressed concern over inflation. Smith & Nephew rebuffed J&J''s

European Indexes Fall Ahead of Portugal, Spain, Italy Debt Sale

Arthi Gupta
10 Jan, 2011
New York City

The European indexes declined as investors focused on the sovereign debt issues. However, euro area investor sentiment improved in January. German manufacturing sector turnover eased and French industrial production climbed in November. The Greek budget deficit decreased.

Sensex in India Tumbles 2.5%; Direct Tax Collection Surges 19.5%

Chandrasekhar Atreya
07 Jan, 2011
New York City

Stocks in Mumbai tumbled 2.5% today and dropped 4% in the week. A sharp and sustained increase in food prices and the government

Merger Monday; DuPont Acquires Danisco for $6.3 Billion

Arthi Gupta
10 Jan, 2011
New York City

DuPont agreed to acquire Denmark-based Danisco for $6.3 billion. Sanofi began valuation of Genzyme drug Lemtrada. iGATE acquired stake in India-based Patni for $1.22 billion.

Australian Miners Struggle as Flood Waters Peak; New National Port Strategy

Chandrasekhar Atreya
07 Jan, 2011
New York City

Australian indexes closed lower as flood waters reach peak and miners struggle to contain flood losses. Insurers declined as policyholders file A$150 million of claims. Australian government unveils a new national ports strategy.

Japan Indexes Show Best First Week Gains in Fifteen Years

Chandrasekhar Atreya
07 Jan, 2011
New York City

The broader Topix index gained 3.1% in the week and its best first week performance in fifteen years. Panasonic plans to sell more energy saving white goods in North America. Sony Corp joins a raft of other makers in the tablet market. Overseas investors increase Japanese stocks exposure.

Weekly Gains in Shanghai, Hong Kong; Sinovel Wind Sets IPO Price

Chandrasekhar Atreya
07 Jan, 2011
New York City

Shanghai stock indexes rallied led by banks, developers and automakers. Sinovel Wind fixes the issue price of its public offering at the top end of the range to raise 9.5 billion yuan.

Queensland Flood May Cut GDP by A$2.5 Billion; Stock Index Gains

Chandrasekhar Atreya
06 Jan, 2011
New York City

[R][[6:00 PM Sydney, Australia

Shanghai Indexes Fall 0.5%; GM China Sales Exceed U.S. Sales

Chandrasekhar Atreya
06 Jan, 2011
New York City

Shanghai stock indexes fell and energy stocks led the decliners after central bank governor confirmed rising inflation pressures. World Bank issued first yuan denominated bonds. GM the first foreign automaker to sell more than 2 million vehicles in a year in China sold as many cars as in the U.S.

Nikkei at 8-month High; Steel Exports Surge 10% in November

Chandrasekhar Atreya
06 Jan, 2011
New York City

Tokyo stocks climbed higher and the Nikkei index rose to a eight-month high. Toyota Motor

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