Login
Breaking News
Nvidia   Target Corp.   Dolby Laboratories   Onsemi   Home Depot   Walt Disney   StubHub   Applied Materials   Sweetgreen  

Market Update

Sensex in India in 3-day Decline; SAIL Prepares Offering

Chandrasekhar Atreya
06 Jan, 2011
New York City

Stocks in Mumbai closed lower for the third day in a row as food prices show and government fail to rein prices. Steel Authority of India plans a secondary offering in February in two tranches. Suzlon wins orders to build 150 mw wind farms in four states.

Retailers in Sydney Rise; Mega Projects Face Cost Overruns

Chandrasekhar Atreya
10 Jan, 2011
New York City

Stocks in Sydney traded in a narrow range to close higher on the strength in retailers. Australia starts fortnightly income assistance of A$500 for flood-affected workers. Delays in mega-projects have cost Australia more than A$8 billion in cost blowouts in 6 years.

Shanghai, Hong Kong Indexes Drop; China Trade Surplus Shrinks

Chandrasekhar Atreya
10 Jan, 2011
New York City

Shanghai stock indexes fell 1.6% and Hong Kong index fell 0.7% after trade surplus in December dropped. China reported a less-than-expected trade surplus in December 2010 at $13.1 billion. Ford Motor unit in China sold 52% more vehicles in December at 56,880 units.

Sensex in India Plunges 2.4%; December Trade Deficit Narrows to $2.6 Billion

Chandrasekhar Atreya
10 Jan, 2011
New York City

Stocks in Mumbai slipped for the fifth day in a row and lost more than 6%. Trade deficit in December narrows to $2.6 billion as exports surge and imports contracts. Gems & Jewelry exports soared 39% to $23.5 billion in the nine months to December.

Australian Coal Shipments Disrupted; Rio Divests Stake in Alcan Engineering

Chandrasekhar Atreya
05 Jan, 2011
New York City

Sydney benchmark stock index fell further on the second day after overnight drop in commodity prices. Macarthur Coal lowered its first half profit guidance. Number of new homes sold in November drops. Rio Tinto divests its stake in Alcan Engineering Products.

Tokyo Stocks Hover Near Seven Month High, Monetary Base Tops 100 Trillion Yen

Chandrasekhar Atreya
05 Jan, 2011
New York City

Tokyo stocks drop after hitting a new 7

Shanghai 5-day Rally Halts; Sinovel Wind IPO to Raise $9.5 Billion

Chandrasekhar Atreya
05 Jan, 2011
New York City

Shanghai benchmark index dropped after five-day rally as commodities weakened. Sinovel Wind Group, China

Sensex in India Drops 1%; Diesel Prices on Hold

Chandrasekhar Atreya
05 Jan, 2011
New York City

Stocks in Mumbai fluctuated and closed lower. India decides to hold diesel retail prices. Larsen & Toubro after a restructuring will operate under nine independent companies.

Australia Struggles to Resume Coal Exports

Chandrasekhar Atreya
04 Jan, 2011
New York City

The benchmark index in Australia closed flat on the first day of trading. Losses mount and coal supplies remain disrupted as floods wash rail lines in Queensland. The new Australian Consumer Law is expected to streamline disclosures. Manufacturing activity softened in December.

Nikkei Climbs 1.7%; Population Decline Accelerated in Japan

Chandrasekhar Atreya
04 Jan, 2011
New York City

Tokyo stocks hit a fresh 7

Shanghai, Hong Kong Rally; Resource Stocks Lead

Chandrasekhar Atreya
04 Jan, 2011
New York City

Stocks in Hong closed higher as the index gained in a longest rally in two months. Shanghai index gained on the first day of trading with copper and coal miners leading. December index for non-manufacturing sector gained after declining for two months.

Posco Steel Plant Wins Environmental Approval, India

Chandrasekhar Atreya
04 Jan, 2011
New York City

Stocks in Mumbai fluctuated and closed lower. South Korea based Posco

India Seeks Coal Mines in Africa; Current Account Deficit Surges

Chandrasekhar Atreya
03 Jan, 2011
New York City

Sensex index in Mumbai closed higher. November exports rose 26.5% to $19 billion but current account deficit surged. India

UK Indexes Slide; JD Sports Fashion Sales Up 2.5%

Arthi Gupta
07 Jan, 2011
New York City

The UK indexes slid after weaker job markets in Europe and the U.S. CSC revised terms for Trafford Centre acquisition. British Land sold superstore to Aviva Investors for

Europe Unemployment Rate 10.1%, German Industrial Production Declines

Arthi Gupta
07 Jan, 2011
New York City

The European indexes declined after euro-zone jobless rate was flat in November and GDP growth slowed in the third quarter. German trade surplus and retail sales declined in November. Estonia annual inflation rose in Dec.