Search Results for: europe
U.S. Stock Futures Are Little Changed Before Output Data
September 2nd, 2014
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
Brokerages raise Cipla’s target price post inhaler launch
September 2nd, 2014
The launch of Fluticasone/Salmeterol combination inhaler, a generic version of GSK’s Advair MDI (metered dose inhaler), by pharmaceutical major Cipla in Germany and Sweden is seen as a significant development by brokerages. The launch establishes Cipla as the front ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
Gold Remains Below $1290 on Stronger U.S. Dollar; Palladium rise
September 2nd, 2014
Palladium rose for a fourth straight session on Monday to a 13-1/2-year high on fears that supply from top producer Russia could be hit due to the Ukraine crisis, while gold was little changed as the dollar nudged higher. ...
China anti-trust probes not protectionist, regulator says
September 2nd, 2014
Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc (QCOM.O). The American Chamber of ...
Merkel unhappy with Draghi’s apparent new fiscal focus
September 1st, 2014
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe. Draghi ...
German business attacks ‘complacent’ Berlin
September 1st, 2014
Germany has become “overconfident” and “complacent”, with the government pursuing policies that put the country’s hard-won competitiveness at risk, some of Germany’s top business leaders warn. Their criticisms of chancellor Angela Merkel’s government come as Europe’s largest economy is ...
Asian shares wobble in early trade, euro sinks
September 1st, 2014
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...
Australia 200 – Settles Above 5600
September 1st, 2014
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...