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25 Apr 2005 01:22 PM
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China urged to open market:
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China is forced by the US companies to make its market more open and provide free access to it to foreign firms in an attempt to improve its tense relations with the United States.
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25 Apr 2005 01:15 PM
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EU and US agreed to resolve accounting issue:
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European and American regulators announced Friday their intention to harmonize their accounting rules, a move long-expected by companies doing business on both sides of the Atlantic.
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25 Apr 2005 10:20 AM
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CITIGROUP SMITH BARNEY CUT DOW JONES TO "SELL":
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CITIGROUP SMITH BARNEY CUT DOW JONES TO "SELL" FROM "BUY"
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25 Apr 2005 10:08 AM
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U.S. existing home sales rose 1.0% in March to 6.89 million:
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U.S. existing home sales rose 1.0% in March to 6.89 million,according to the National Association of Realtors. Economists were expectng 6.76 million. Sales in February were revised to 6.82 million from 6.79 million. The
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25 Apr 2005 10:06 AM
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MERRILL LYNCH CUT ITS 2005 U.S. GDP GROWTH OUTLOOK TO 3.4%:
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MERRILL LYNCH CUT ITS 2005 U.S. GDP GROWTH OUTLOOK TO 3.4% FROM 3.7% DUE TO SOARING OIL PRICES
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25 Apr 2005 09:39 AM
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German IFO fell to a 19-month low:
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Germany business confidence (IFO index) fell to 93.3 in April, the lowest level in 19 months. The index fell due to surging oil prices.
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22 Apr 2005 10:20 AM
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Japan to continue intervene policy with its U.S. assets:
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Japan has no intention to change its intervene policy with regard to its $838 billion official reserve assets in U.S., the world’s largest, Ministry of Finance official Masatsugu Asakawa said.
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20 Apr 2005 10:23 AM
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MARKET SNAPSHOT: JAPANESE EQUITIES, DOLLAR:
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Japanese shares rose on Wednesday for the second straight session.
The Nikkei 225 rose 22.72 points, 0.21% to 11,088.58.
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20 Apr 2005 09:45 AM
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U.S. CPI rocketed 0.6% in March:
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U.S. consumer price index (CPI) rose 0.6% in March, according to the Labor Department. Economists were expecting 0.4%. Core CPI rose 0.4%, the biggest increase since August 2002. Economists were forecasting
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19 Apr 2005 12:15 PM
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Supreme Court says investors must show clear evidence of securities fraud:
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The Supreme Court ruled out Tuesday not to loosen the standards for the investors to prove securities fraud.
The Court said the investors will now have more complications in proceeding their lawsuit as a clear link between the alleged fraud and a drop in stock price.
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19 Apr 2005 08:50 AM
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U.S. housing starts unexpectedly fell 17.6% in March:
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U.S. housing starts unexpectedly fell 17.6% in March to a seasonally adjusted 1.837 million units, according the Commerce Department. This is the biggest drop since January 1991.
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19 Apr 2005 08:47 AM
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U.S. PPI rocketed 0.7% in March:
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U.S. producer price index rocketed 0.7% in March, according to the Labor Department. Economists were expecting 0.6%. The core-PPI index rose 0.1% in March. Economists were expecting 0.2%. For the past year
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19 Apr 2005 06:09 AM
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U.K. consumer prices rose 1.9% in March:
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U.K. consumer prices rose 1.9% in March from 1.6% in February. This is the fastest annual pace of rising in almost seven years. Traders were expecting the index to rise 1.7%. On a month-on-month basis inflation rose
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19 Apr 2005 05:08 AM
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ZEW Index unexpectedly fell to 20.1 in April:
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The ZEW Index, monitoring investors' confidence in Germany, unexpectedly fell in April on concern that rising oil
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19 Apr 2005 03:25 AM
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MARKET SNAPSHOT: JAPANESE EQUITIES, DOLLAR:
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The Nikkei 225 rose 127.42 points, 1.16% to 11,065.86.
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