European markets finish in green area on Tuesday

Note: This section contains information in English only.
Source: Marketwatch
European equities closed mostly up on Tuesday lifted by resource shares as Spain managed to successfully sell bonds. Stoxx Europe 600 soared 1.6%, British FTSE 100 added 0.4% and German DAX jumped 1.8%. French CAC 40 index rallied 1.7% while Spanish IBEX gained 2.7%. Athens General Index rocketed 3.8%.
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Wed, 20 Jun 2012 08:11:00 GMT

Sumitomo Mitsui aims to boost overseas loans

Sumitomo Mitsui Trust Holdings which is the fourth largest Japanese lender by market value is considering to increase the size of foreign loans by 32% through 2012. The target would expand bank's abroad lending by JPY 900 billion to JPY 2.8 billion. Japanese banks are gaining market share in Europe as region's lenders are struggling with European debt crisis.

Wed, 20 Jun 2012 07:41:00 GMT

US shares finish higher ahead of Fed meeting results

US main share indices rallied on Tuesday spurred by news the Federal Reserve in its meeting is discussing measures to stimulated economy. S&P 500 index added 0.98% or 13.20 points and finished at 1,357.98. Dow Jones Industrial Average gained 0.75% or 95.51 points and ended at 12,837.33. Nasdaq Composite surged 1.19% or 34.43 points and settled at 2,929.76. 

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