Market News




Market News

U.S. stocks drop on new budget
Thu, 12 Dec 2013 09:15:04 GMT
 
U.S. shares edged lower on Wednesday trading session recording the largest drops in a month after the U.S. lawmakers agreed on a new provisional budget easing some of the fiscal >>
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Asia's shares fall as Fed may curb stimulus sooner
Thu, 12 Dec 2013 09:04:03 GMT
 
Asian equities tumbled on Thursday falling towards the lowest level in more than months amid expectations that the U.S. Federal Reserve may trim its aggressive stimulus on a new budget >>
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Retail sales in Cyprus drop 6.1% in September
Wed, 11 Dec 2013 16:06:17 GMT
 
Retail sector of Cyprus continued to show a significant decline in September of the current year, as the economy decline and unemployment rises. The volume of retail sales slumped 6.1% >>
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BMW to build engines in North America
Wed, 11 Dec 2013 15:55:03 GMT
 
BMW AG, the largest manufacturer of luxury cars in the world, is planning to build its first engine production plant in North America, as the company wants to invest more >>
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Home Depot earnings to rise slower in 2014
Wed, 11 Dec 2013 15:44:04 GMT
 
Home Depot Inc., the biggest retailer for home improvement and construction products, announced that its revenue in the next few years will grow on the weaker pace, adding only 5% >>
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U.S. lawmakers reach budget agreement
Wed, 11 Dec 2013 15:33:03 GMT
 
U.S. lawmakers reached the bipartisan budget agreement, as the current deadline for budget deal is December 13. It is expected that the new deal will finance the government until 2016. >>
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New loans in China rise more than predicted
Wed, 11 Dec 2013 15:22:05 GMT
 
The total amount of new loans in China in the national currency, yuan, reached 624.6 billion in November of this year, while economists forecasted the total sum to be around >>
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German final inflation stays unchanged in November
Wed, 11 Dec 2013 15:11:05 GMT
 
The consumer price index in the largest economy of the Eurozone remained stable in November of the current year from the initial estimate, matching analysts' predictions. The final inflation was >>
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Japanese machinery orders rise slightly in October
Wed, 11 Dec 2013 15:00:15 GMT
 
The total amount of new orders for machinery in Japan increased 0.6% in October of 2013 on a monthly basis, as the demand advanced before the upcoming sales tax rise >>
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Treasuries fall on budget agreement
Wed, 11 Dec 2013 10:43:07 GMT
 
U.S. Treasuries declined on Wednesday ending a three-day increase on speculation that the agreement over U.S. budget may help the nation's economy supporting the Federal Reserve's decision to trim its >>
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Aussie drops after rising 4 straight days before unemployment report
Wed, 11 Dec 2013 10:32:03 GMT
 
The Australian Dollar dropped on Wednesday snapping its four-day increase, the largest winning streak in a seven-week period before a government report showed that unemployment in the country reached the >>
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Copper is little changed as China's growth forecast improves
Wed, 11 Dec 2013 10:21:05 GMT
 
Copper fluctuated on Wednesday after the Asian Development Bank increased China's gross domestic product growth outlook for 2013 to 7.7% from 7.6% in October, as China is the world's largest >>
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Gold fluctuates as China's physical demand rises
Wed, 11 Dec 2013 10:10:05 GMT
 
Gold swung between gains and losses on Wednesday and traded near the highest level in three weeks amid signs that metal's outlook were boosted after China's physical demand rose and >>
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Corn drops as WASDE report forecast record global production
Wed, 11 Dec 2013 09:59:04 GMT
 
Corn declined on Wednesday falling for the second straight session after the WASDE report revealed record forecast for global production and domestic inventories increase together with growing output. Corn for >>
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India's shares fall as RBI may increase its repurchase rate
Wed, 11 Dec 2013 09:48:03 GMT
 
Indian equities declined for the second straight day on Wednesday pushing the regional stock index down led by lenders and industrial companies mid speculation that the Reserve Bank of India >>
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