14 Apr 2005 05:11 PM

A prominent House Republican declared his solidarity with the Bush administration’s proposa to shrink the mortgage holdings of Fannie Mae and Freddie Mac. "I

14 Apr 2005 03:37 PM

The Dax Index fell 3.64 points, or 0.08% to 4402.05, the FTSE 100 Index slipped 15.40 points, or 0.31% to 4945.40, the CAC 40 Index was down 5.74 points, or 0.14% to 4111.11.

14 Apr 2005 08:56 AM

CSFB RAISED QUALCOMM TO "OUTPERFORM" FROM "NEUTRAL"

14 Apr 2005 08:36 AM

U.S. business inventories rose 0.5% in February from 0.9% in January, according to the Commerce Department. Economists were expecting 0.5%. The inventory-to-sales ratio rose to 1.31 in February from a record low 1.

14 Apr 2005 08:33 AM

U.S. initial jobless claims declined by 10,000 to 330,000 in the week ending April 9, according to the Labor Department. Economists were expecting 330,000.

14 Apr 2005 05:16 AM

Japanese shares closed lower on Thuesday after weak U.S. retail sales data and a disappointing report from AMD.

14 Apr 2005 02:25 AM

GOLDMAN SACHS CUT BNP PARIBAS TO "IN LINE" FROM "OUTPERFORM"

13 Apr 2005 06:25 PM

U.S. home mortgage applications rose 6.1% in the week ended April 8, on purchasing and refinancing activity, according to the Mortgage Bankers Association (MBA). The

13 Apr 2005 05:48 PM

China’s government said it had an option to launch «trial sales» of shares in an attempt to avoid chaos in the nation’s stock market. The China Securities Regulatory Commission, the country’s securities regulator, said that «conditions are right to start trial sales of state shares.» The move is aimed at protecting individual investors, according to the report

13 Apr 2005 04:41 PM

The Dow Jones industrial dropped 104.04 points, or 0.99%, to 10,403.93. The Standard & Poor’s 500 Index fell 13.97 points, or 1.18%, to 1,173.79. The Nasdaq Composite Index declined 31.03 points, or 1.55%, to

13 Apr 2005 03:20 PM

The Energy Department reported on Wednesday that crude inventories rose 3.6 million barrels during the week ended April 8. Gasoline stocks increased by 800,000 barrels. Distillate stocks fell 100,000 barrels.

13 Apr 2005 08:55 AM

U.S. retail sales rose 0.3% in March from 0.5% in February, due to rising sales of autos and gasoline, according to the Commerce Department. Economists were expecting sales to rise 0.7% Excluding autos, sales climbed 0.1%, the smallest gain since April 2004. Economists were forecasted 0.6%. After

13 Apr 2005 08:26 AM

G-7 will most likely preserve its position on foreign-exchange market unchanged at its next meeting scheduled for this weekend. "At present, I don’t think there would be discussions on changing the foreign-exchange stance of the G-7 nations

13 Apr 2005 04:09 AM

The Nikkei 225 rose 32.78 points, 0.28% to 11,637.52. Advantest was up 1.09% and closed at 8320 yen, Canon closed unchanged at 5730 yen. NEC fell 1.55% to 634

12 Apr 2005 05:51 PM

The US two-and-a-half-year bull stock market may be coming to an end, the results of the first quarter show. The Dow Jones Industrial Average has lost 2.6% since the start of the year, and technical analysts believe that the index stands to lose about 15% off its peak in the bull market. Tech