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Showing posts with label Global Stocks. Show all posts
Showing posts with label Global Stocks. Show all posts

Friday, April 23, 2010

US stocks close moderately high after Obama speech - NDTV Profit

US stocks close moderately high after Obama speech - NDTV Profit: "The US stock market recovered from early losses and closed modestly higher on Thursday after President Barack Obama's speech on financial reform contained no unpleasant surprises."

Greece gives up, formally requests rescue - MarketWatch

Greece gives up, formally requests rescue - MarketWatch: "LONDON (MarketWatch) -- The Greek government surrendered to the credit markets Friday, formally requesting the activation of a joint European Union-International Monetary Fund rescue plan after soaring borrowing costs were seen making it virtually impossible for the debt-strapped nation to meet its funding needs on the open market."

Thursday, April 22, 2010

Moody's cuts Greek credit rating - MarketWatch

Moody's cuts Greek credit rating - MarketWatch: "LONDON (MarketWatch) -- Ratings agency Moody's on Thursday cut Greece's sovereign credit rating to A3 from A2 and placed it on review for a further possible downgrade, citing worries about the government's ability to stick to an ambitious program for slashing its deficit amid conflicts over external aid and a recent upward revision to its debt and deficit statistics."

Sunday, January 17, 2010

Qatar economy grew 11 per cent in 2009: Deputy Prime Minister

Qatar's economy grew 11 per cent in 2009, mainly due its natural gas sector, Deputy Prime Minister Abdullah bin Hamad al-Attiyah was quoted as saying on Sunday. Qatar, the world's largest natural gas exporter, is set to outperform key players in the world's top oil producing region due to massive expansion of its gas facilities.

Thursday, January 14, 2010

Nikkei hits 15 month high on tuesday

Japan's Nikkei average hit a 15-month high on Tuesday, lifted by resource-linked stocks. The benchmark Nikkei climbed 0.1 per cent to 10,811.25, after earlier climbing as high as 10,827.65, its highest since October 2008. The broader Topix gained 0.5 per cent to 946.23.

Sunday, January 10, 2010

Japan's Nikkei average hit its highest in 15 months on Friday

Japan's Nikkei average hit its highest in 15 months on Friday, with shares of exporters such as Kyocera Corp buoyed by a weaker yen. The benchmark Nikkei rose 1.2 per cent to 10,807.28, after climbing as high as 10,816.45, its highest since October 2008. The broader Topix gained 1 per cent to 941.45.

European shares hit a new 15-month peak

European shares hit a new 15-month peak in early trading on Wednesday, led higher by financials and miners, with investors waiting for more macro-economic data later in the session for clearer market direction. At 0811 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 per cent to 1,064.25 points, the highest since October 2008.

Thursday, January 7, 2010

Nikkei at 15 month high

Japan's Nikkei stock average touched a 15-month high on Tuesday, lifted by broad-based buying after confidence in the global economy rose on a US report showing the manufacturing sector expanded for a fifth straight month. 'The global economy is definitely over the worst, and now everyone's waiting to verify if it's really on a steady recovery path or not,' said Hiroaki Osakabe, a fund manager at Chibagin Asset Management.

Nikkei at 15 month high

Japan's Nikkei stock average touched a 15-month high on Tuesday, lifted by broad-based buying after confidence in the global economy rose on a US report showing the manufacturing sector expanded for a fifth straight month. 'The global economy is definitely over the worst, and now everyone's waiting to verify if it's really on a steady recovery path or not,' said Hiroaki Osakabe, a fund manager at Chibagin Asset Management.