Mayank Mehta
11 Dec, 2009
New York City
The Australian benchmark index gained after China reported strong economic data driven by a rise in domestic demand. Commodities in the region gained. Australian dollar traded higher against major international currencies.
Mayank Mehta
29 Dec, 2009
New York City
Japan and India signed several agreements as Prime Minister Hatoyama concludes his 3-day trip to India. Japan expects to make several billion dollars of investment to develop Delhi- Mumbai investment corridor. Jindal Power Ltd files to raise $1.5 billion.
123jump.com Staff
29 Dec, 2009
New York City
U.S. stocks inched higher in the morning trading. Copper led the gainers in commodities trading as Chilean workers strike and Chinese economy expands at a faster pace than the targeted 8% rate. Sugar surged to twenty year high and copper jumped more than 2%.
123jump.com Staff
28 Dec, 2009
New York City
U.S. stocks traded higher as holiday retail sales estimates showed an increase. Apparel retailers and online retailers edged higher. World markets edged higher after China estimated higher economic growth and Japan signaled its first economic expansion in two years. Oil, gold and the dollar gained.
Darlington Musarurwa
28 Dec, 2009
New York City
European markets closed higher on the estimates of higher retail sales in the holiday period. Renewable energy companies gained after China approved legislation. Oil and commodities processors advanced on larger than targeted economic expansion in China.
Mayank Mehta
11 Dec, 2009
New York City
European markets closed higher. Club Mediterranee posts fiscal-year loss. Thales SA plans to save
Mayank Mehta
11 Dec, 2009
New York City
UK stocks wavered but closed higher. The producer price index increased 2.9% in November. Carillion gained 2% after it estimated sales increase of 10%. Resource stocks generally traded higher after China reported a surge in industrial activities.
Mayank Mehta
11 Dec, 2009
New York City
Resource stocks gained after commodities prices increased on the hopes that Chinese industrial growth will sustain the world demand. Christopher & Banks surged after less than expected quarterly sales decline. Retailers gained after government reported higher sales in November. NCR Corp increased on a broker upgrade.
123jump.com Staff
11 Dec, 2009
New York City
Finance Minister Mukherjee said that government is likely to meet its tax revenue collection target for the current fiscal year on higher direct tax collection. The Lok Sabha approved additional $5.5 billion in spending. Industrial output jumped 10.3% in October.
123jump.com Staff
11 Dec, 2009
New York City
U.S. stocks open higher after commodities and energy prices inch ahead in the early trading. November retail sales increased 1.3% from the revised October sales of 1.1%. November import price index increased 1.7% driven by a surge of 7.3% in fuel prices. Resource stocks trade higher in New York.
123jump.com Staff
11 Dec, 2009
New York City
Procter & Gamble agreed to acquire Ambi Pur and toilet care products from Sara Lee Corp for
Mukesh Buch
11 Dec, 2009
New York City
Markets in Asia closed higher and in Europe traded up at mid-day. Stocks in New York are expected to open higher after Chinese industrial production and retail sales surged more than expected. Commodities in New York and London trade higher on China demand.
Mukesh Buch
11 Dec, 2009
New York City
Chinese industrial production soared 19.2% in November, trade deficit shrank to the lowest level in the year, retail sales increased 15.8% in the month and consumer prices increased for the first time since January. Industrial production in India also surged.
123jump.com Staff
10 Dec, 2009
New York City
U.S. stocks closed higher on the hopes that stable job markets may presage economic recovery maybe taking hold. Crude oil traded below $70 a barrel but managed to close higher. AOL Inc traded lower after it was split-off from Time Warner Inc. Goldman Sachs agreed to limit bonuses in stock payment.
123jump.com Staff
10 Dec, 2009
New York City
China took steps to control housing market speculation and imposed additional tax on property that is sold in less than five years. China extended tax rebate for the purchase of automobiles and home appliances. Automakers and electronics retailers increased in Shanghai trading.
