US stocks close modestly higher on Friday

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Source: Marketwatch
US shares slightly recovered and traded higher on Friday supported by an advance in energy companies. S&P 500 rose 0.31% or 4.33 points and finished at 1,397.11, Dow Jones Industrial Average gained 0.27% or 34.59 points and settled at 13,080.73 while Nasdaq Composite added 0.15% or 4.6 points to 3,067.92.
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Mon, 26 Mar 2012 06:20:25 GMT

Japan and Canada to negotiate free trade agreement

Japan and Canada have embarked on negotiations aimed at setting up free trade zone between two countries. However, experts claim it would be difficult to agree for two countries as Japan continues to protect its agricultural and farming sector from foreign competition. At the same time, Japan is large importer of Canada's commodities as coal, copper and food products. Canada

Mon, 26 Mar 2012 07:32:31 GMT

European shares post a biggest weekly decline this year

Although equity markets closed slightly higher on Friday, European stocks experienced the worst week this year as miners and banks sharply declined on worries about global growth. Stoxx Europe 600 traded flat on Friday but gave up 2.5% on weekly basis. FTSE 100 index climbed 0.1% and German DAX added 0.2%. French CAC 40 gained 0.1%.

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