Bloomberg World Stock Index News
- India Will Take Months to Control Inflation, Ahluwalia Says Wednesday, July 20, 2011 @ 12:44AMIndia will take several months to reduce inflation to “an acceptable level,” and the central bank’s interest-rate increases haven’t hurt the economy, Prime Minister Manmohan Singh’s top economic aide said.
- Asian shares rally on earnings, US deficit-cut plan Tuesday, July 19, 2011 @ 11:41PMAsian stocks rallied the most in a week and South Korea’s won strengthened as better-than-forecast earnings at Apple supported demand for riskier assets. Oil advanced and bond risk fell on signs U.S. lawmakers are closer to a deal on raising the debt ceiling to avoid a default.
- AMD profit rising, but still no new CEO Tuesday, July 19, 2011 @ 11:11PMAdvanced Micro Devices Inc., expected to report its largest annual profit this year since 2000, may find its improving results overshadowed by the lack of progress in finding a new chief executive officer. Six months...
- Asian Currencies Strengthen on Gains in Global Stocks, U.S. Housing Data Tuesday, July 19, 2011 @ 10:13PMSouth Korea’s won and Malaysia’s ringgit led gains in Asian currencies as better-than-expected U.S. housing figures brightened the outlook for exports and a rally in global stocks fanned demand for riskier assets.
- Currency Markets Driven by Euro Zone Turmoil, US Debt Ceiling Debate Tuesday, July 19, 2011 @ 7:03AMThe centrality of the Euro Zone debt crisis for overall market sentiment continues to assure a firm link between EURUSD and the MSCI World Stock Index, a proxy for broad-based trends in investors’ optimism.
- Most Asian Stocks Decline Amid U.S., Europe Debt Crisis Concern Tuesday, July 19, 2011 @ 4:49AMMost Asian stocks fell amid concern U.S. lawmakers will fail to reach a deal on the country’s debt limit and Europe’s worsening sovereign-debt crisis will slow the global economic recovery.
- Emerging-Market Stocks Advance on Commodity Prices, IBM’s Profit Forecast Tuesday, July 19, 2011 @ 3:28AMEmerging-market stocks rose, paced by raw material producers and technology shares, after commodity prices climbed and International Business Machines Corp. (IBM) lifted its profit forecast, fueling speculation earnings will withstand the European and U.S. debt crises.
- European Stocks Advance, Lifting Stoxx 600 From Seven-Month Low Tuesday, July 19, 2011 @ 3:12AMEuropean stocks advanced after the Stoxx Europe 600 Index sank to a seven-month low as companies from Novartis AG to International Business Machines Corp. reported earnings that exceeded estimates.
- Greenhill’s George Is Said to Leave as Departures Quicken Friday, July 15, 2011 @ 11:00AMTimothy M. George, a member of the management committee at Greenhill & Co. who has advised on some of the firm’s biggest deals, is leaving as departures from the bank accelerate, said two people familiar with the matter. The stock fell the most since January.
- U.S. Stock Futures Are Little Changed as Google, Petrohawk Energy Rally Friday, July 15, 2011 @ 4:58AMU.S. stock-index futures were little changed, with the Standard & Poor’s 500 Index headed for its largest weekly drop in 11 months, as investors awaited the results of stress tests on European banks.
- Asian Commodity Stocks Drop as U.S. Concerns Drag Oil, Metals Friday, July 15, 2011 @ 12:02AMAsian commodity stocks fell, with the regional index set for its first weekly decline in four, after Standard & Poor’s said it may cut the U.S.’s credit rating and the Federal Reserve ruled out immediate further bond purchases, driving down oil and metal prices yesterday.
- Deutsche Bank-Dexia, News Corp., UBS, Total in Court News Thursday, July 14, 2011 @ 11:29PMDexia SA (DEXB) , the lender to local governments rescued by France and Belgium in 2008, sued Deutsche Bank AG claiming fraud in connection with more than $1 billion in residential mortgage-backed securities.
- Nifty Futures Swing Between Gains and Losses on U.S. Concern, Tata Profits Thursday, July 14, 2011 @ 10:28PMIndia’s stock-index futures swung between gains and losses as U.S. Federal Reserve Chairman Ben S. Bernanke said he wouldn’t take immediate action to stimulate the economy and after the country’s largest software maker reported higher-than-estimated earnings.
- Hedge-Fund Demand by Japan Pensions to Rise, Credit Suisse Says Thursday, July 14, 2011 @ 8:46PMJapanese corporate pension funds, with about 60 trillion yen ($760 billion) in assets, may triple their allocations to alternative assets as they seek to reduce risks and boost returns, according to Credit Suisse Group AG.
- Asian Commodity Stocks Drop on Concern U.S. Will Hurt Recovery Thursday, July 14, 2011 @ 8:33PMAsian commodity stocks dropped as oil and metal prices fell after U.S. Federal Reserve Chairman Ben S. Bernanke said he won’t act immediately to stimulate the world’s biggest economy, which was placed on Creditwatch negative by Standard & Poor’s.
- Shanghai ranked sixth on financial center list Thursday, July 14, 2011 @ 8:23PMA recently released financial index ranks Shanghai as the world's No 6 financial center, two positions behind Hong Kong. Experts said mature market regulations and more diversified investment channels are necessary to boost the city's competitiveness.
- Yen Gets Boost as Yields to Treasuries Shrink: Japan Credit Thursday, July 14, 2011 @ 8:05PMThe yen is getting a boost as the prospect of further monetary easing by the Federal Reserve pushes the difference in yields between Japanese government bonds and Treasuries to the least in almost 2 1/2 years.
- Brazil Growth Curbed by Inflation as BlackRock Stays Bullish Thursday, July 14, 2011 @ 3:32PMBrazil is being held back by a strengthening currency, the fastest inflation in six years and an increase in government spending, damping growth prospects in the world’s second-largest developing economy.
- Brazil Growth Held Back by Inflation as BlackRock Stays Bullish Thursday, July 14, 2011 @ 2:17PMBrazil is being held back by a strengthening currency and the fastest inflation in six years, damping growth prospects in the world’s second-largest developing economy.
- Swiss Stocks Drop for Fourth Day in Five; Swatch Slips Thursday, July 14, 2011 @ 9:28AMStocks in Switzerland declined for a fourth day in five after Moody’s Investors Service said the U.S. may lose its Aaa credit rating as lawmakers debate increasing the government’s debt limit.
- U.S. Wholesale Prices Fell 0.4% in June on Cheaper Energy Thursday, July 14, 2011 @ 8:47AMU.S. wholesale costs dropped more than forecast in June, restrained by the biggest decrease in energy prices in two years.
- Forex: U.S. Dollar Weakness Ahead, Euro At Risk Thursday, July 14, 2011 @ 8:45AMThe U.S. dollar continued to lose ground on Thursday and risk trends are likely to drive price action throughout the North American trade as market participants show a fairly muted reaction to the mixed batch of data coming out of the world’s largest economy.
- Most Indian Shares Advance; State Bank Climbs as TCS Retreats Thursday, July 14, 2011 @ 7:31AMMost Indian stocks climbed after the growth in monthly consumer prices lagged behind forecast.
- India Inflation Quickens to 9.44%, Adding to Rate Pressure Thursday, July 14, 2011 @ 2:49AMIndia’s inflation accelerated to 9.44 percent in June, adding pressure on the central bank to extend its longest stretch of interest-rate increases in a decade. Bonds pared gains.
- India Inflation Quickens to 9.44% Thursday, July 14, 2011 @ 2:49AMIndia’s inflation accelerated to 9.44 percent in June, adding pressure on the central bank to extend its longest stretch of interest-rate increases in a decade. Bonds pared gains.
- European Stock Futures Retreat as Moody’s Puts U.S. on Review Thursday, July 14, 2011 @ 2:16AMEuropean stock futures and Asian shares fell after Moody’s Investors Service said the American government may lose the Aaa credit rating it’s held since 1917. U.S. index futures were little changed.
- China May Sustain 9% Growth as Investment Shifts Inland Thursday, July 14, 2011 @ 1:16AMChina may maintain growth of about 9 percent this year, avoiding a “hard landing,” as spending on low-cost homes and developing inland provinces counters the impact of Europe’s debt crisis and monetary tightening.
- Rate Futures Trading Reaches Record on Europe: Australia Credit Thursday, July 14, 2011 @ 12:53AMInvestors are trading a record amount of Australian interest-rate futures as the nation’s debt becomes a haven from Europe’s crisis and on bets the central bank will cut the developed world’s highest borrowing costs.
- Bank of Korea Keeps Rates on Hold to Monitor Europe’s Crisis Wednesday, July 13, 2011 @ 11:47PMThe Bank of Korea kept interest rates unchanged after an increase in June as policy makers monitor the threat posed by Europe’s sovereign debt crisis.
- S&P 500 Futures Drop, Euro Gains as Moody’s Reviews U.S. Rating Wednesday, July 13, 2011 @ 5:02PMU.S. stock-index futures fell and the euro strengthened versus the dollar after Moody’s Investors Service said the American government may lose the Aaa credit rating it’s held since 1917.
- Biz Break: Fed chairman's testimony sparks markets; Plus: Netflix, the day after Wednesday, July 13, 2011 @ 4:04PMToday: Fed changes its tune, investors cheer; Also: Netflix (NFLX) effects, HuffPo's SF site and Google (GOOG), eBay (EBAY) and Pandora announcementsBernanke says Fed is willing to act on economyAs poor economic reports have flooded in during the past couple months, Federal Reserve Chairman Ben
- US stocks pare gains on debt limit fears Wednesday, July 13, 2011 @ 3:41PMUS stocks edghed higher amid concern lawmakers will fail to raise the federal debt limit, causing a default by the world's biggest economy.
- Bernanke comes to the party, world markets rise Wednesday, July 13, 2011 @ 3:14PMFederal Reserve Chairman Ben Bernanke bolstered markets with comments that the central bank was ready to help the economy if there were further signs of weakness and inflation declined. Gold rose to a record while the US dollar tumbled."The...
- Japan Stocks Gain for First Time in 3 Days Wednesday, July 13, 2011 @ 11:24AMTrading houses led Japanese stocks higher for the first time in three days after Credit Suisse Group AG initiated coverage of the sector with an “overweight” rating, and China’s economic growth beat estimates, improving the outlook for Japan’s biggest export market.
- Markets surge on China growth, Bernanke comments Wednesday, July 13, 2011 @ 11:23AMRecord gold prices, better-than-expected growth in China and comments from Federal Reserve chairman Ben Bernanke that he is prepared to further stimulate the U.S. economy drove Canada’s benchmark equity index to triple-digit gains Wednesday
- Search For Safe Haven Sends Gold To Record Wednesday, July 13, 2011 @ 11:04AMMining stocks have been lagging bullish moves in the underlying metals, particularly gold, in recent months, but that is not the case today.
- U.S. Stocks Advance After Bernanke Says Fed Prepared to Act Wednesday, July 13, 2011 @ 10:53AMU.S. stocks rose, snapping a three- day slide for the Standard & Poor’s 500 Index, as Federal Reserve Chairman Ben S. Bernanke said he is prepared to further stimulate the economy and Chinese growth topped forecasts.
- SapuraCrest, Kencana Rise to Record on $3.9 Billion Merger Monday, July 11, 2011 @ 10:52PMSapuraCrest Petroleum Bhd. and Kencana Petroleum Bhd. rose to a record after announcing an 11.9 billion ringgit ($3.9 billion) merger plan to create Malaysia’s biggest listed oilfield services provider by assets.
- Asian stocks, euro drop as bond risk jumps Monday, July 11, 2011 @ 10:42PMAsian stocks fell, with the region’s benchmark index set for its biggest two-day loss in four months, while the euro weakened to a four-month low against the yen and bond risk jumped amid concern Europe’s debt crisis will worsen.
- Treasuries Rise a Third Day as Asian Shares Extend Stock Losses Worldwide Monday, July 11, 2011 @ 9:13PMTreasuries rose, pushing yields toward this year’s low, as stocks fell around the world on concern Europe’s debt crisis is spreading to its biggest markets.
- Starwood Hotels May Consider Share Listing in China, CEO Says Monday, July 11, 2011 @ 9:06PMStarwood Hotels & Resorts Worldwide Inc., owner of the St. Regis and W brands, may consider listing in Shanghai if foreign companies gain approval as it expects China to overtake the U.S. as the world’s biggest hotel market.
- Italy Moves to Rein in Short-Selling Amid Market Jitters Monday, July 11, 2011 @ 6:07AMThe Italian authorities acted as European Union officials struggled to find a solution to the debt crisis dogging the euro.
- Fed on Hold Longest Since 1940s as Curve Shows Slow Growth Monday, July 11, 2011 @ 5:51AMThe Federal Reserve may keep interest rates at record lows for the longest period since World War II as the economic slowdown that sparked a four-month bond rally worsens, according to Treasury market signals.
- U.S. Stock Futures Decline as JPMorgan, Goldman Sachs Retreat Monday, July 11, 2011 @ 5:20AMU.S. stock futures declined, indicating that the benchmark Standard & Poor’s 500 Index will fall for a second day, as investors speculated that Europe’s sovereign-debt crisis will spread to Italy.
- Italian Bonds, Euro Decline on Debt Crisis Concern; Stocks Fall Monday, July 11, 2011 @ 5:08AMItalian and Spanish bonds fell, sending borrowing costs relative to German bunds to euro-era records, while stocks and the common currency dropped on concern Europe’s debt crisis will spread. U.S. index futures slumped.
- Asian Stocks Drop on U.S. Unemployment, Australian Carbon Tax Monday, July 11, 2011 @ 3:49AMAsian stocks fell, with the regional benchmark index headed for its biggest drop in three weeks, as U.S. unemployment unexpectedly increased, dimming the outlook for the global economic recovery and exporters’ earnings.
- European Stocks Decline on Italy Debt Concern, China Inflation Monday, July 11, 2011 @ 3:19AMEuropean stocks fell for a second day as concern grew that the region’s debt crisis will spread to Italy and China’s inflation surged to a three-year high. Asian shares and U.S. index futures slid.
- Stocks Slide, Euro Fall on Crisis Concerns; Spanish Bonds Sink Monday, July 11, 2011 @ 3:05AMStocks fell, with a global benchmark index set for the lowest level this month, while the euro slid to a two-week low against the dollar and yen, and bonds of Europe’s most indebted nations dropped on concern the region’s crisis will spread to Italy while U.S. and China growth slows.
- BlueScope, Virgin Blue Drop in Sydney on Carbon Tax Plan Monday, July 11, 2011 @ 2:51AMBlueScope Steel Ltd., Macarthur Coal Ltd. and Virgin Blue Holdings Ltd. tumbled in Sydney trading on concern they’ll be among the hardest hit by Australia’s first levy on greenhouse-gas emissions.
- The Market and the Economy Friday, July 8, 2011 @ 11:02PMIn today's world of instant news, it's easy for investors to become over-whelmed with current 'issues' that generate significant short-term volatility. In terms of market direction, much of this news is irrelevant.[...]