Bhaskar Prasad

  • US Stock Futures Signal Lower OpenUS Stock Futures Signal Lower Open

    November 01 2012 4:52 AM

    The U.S. stock index futures point to a lower open Thursday ahead of the Labor Department's weekly jobless claims data, Institute of Supply Management’s Manufacturing Purchasing Managers’ Index data and Automatic Data Processing’s National Employment Report.

  • South Korea’s Economy Shows Signs Of Recovery South Korea’s Economy Shows Signs Of Recovery

    November 01 2012 12:31 AM

    South Korea’s manufacturing activity contracted at a slower rate in October compared to that in the previous month, indicating that the country’s economy is showing the signs of recovery.

  • China's Manufacturing Activity Expands In October: Official PMIChina's Manufacturing Activity Expands In October: Official PMI

    October 31 2012 10:55 PM

    China's manufacturing activity in October expanded after last two months of contraction giving indication that the country’s economy is reviving the growth momentum.

  • US Stock Futures Signal Higher OpenUS Stock Futures Signal Higher Open

    October 31 2012 4:36 AM

    The U.S. stock index futures point to a higher open Wednesday with markets prepared to reopen after two days of closure as Superstorm Sandy hit the east coast.

  • Japan’s Manufacturing Activity Contracts To 18-Month Low In OctoberJapan’s Manufacturing Activity Contracts To 18-Month Low In October

    October 31 2012 12:39 AM

    Japan’s manufacturing activity contracted in October to an 18-month low, increasing concerns about the slowdown in the economic growth of the world's third largest economy.

  • South Korea’s Industrial Production Rises 0.8% South Korea’s Industrial Production Rises 0.8%

    October 31 2012 12:19 AM

    South Korea’s industrial output rose in September compared to that in the previous month, ending the period of contraction for the last three months, indicating that there is hope that the country’s economy is reviving in spite of the soft global demand.

  • South Korea Has $3.09B Current Account SurplusSouth Korea Has $3.09B Current Account Surplus

    October 30 2012 2:27 AM

    South Korea’s current account surplus on a seasonally adjusted basis dropped in September compared to the previous month indicating that the weakening global demand is affecting the country’s economy.

  • Markets Shut On Tuesday Amid Sandy Markets Shut On Tuesday Amid Sandy

    October 30 2012 1:55 AM

    U.S. stock markets will be closed Tuesday for the second continuous day as Hurricane Sandy, Atlantic’s Ocean’s biggest-ever tropical storm, hit the east coast Monday.

  • Japan’s Industrial Output Declines In SeptemberJapan’s Industrial Output Declines In September

    October 30 2012 1:23 AM

    Japan’s industrial output dropped in September compared to the previous month in an indication of the faltering economy of the country and soft global demand.

  • Hurricane Sandy Causes Crude Oil Futures Dip  Hurricane Sandy Causes Crude Oil Futures Dip

    October 29 2012 3:30 AM

    Crude oil prices declined to below $86 a barrel in Asia Monday as concerns increased about Hurricane Sandy affecting normal life in the U.S. east coast.

  • US Markets Close As Hurricane Sandy Bears Down US Markets Close As Hurricane Sandy Bears Down

    October 29 2012 2:56 AM

    US stock markets will be closed Monday as market participants and regulators are worried about the hazardous conditions developing as a result of Hurricane Sandy.

  • Japan Retail Sales Rise Less Than ExpectedJapan Retail Sales Rise Less Than Expected

    October 29 2012 1:00 AM

    Japan’s retail sales rose less than expected in September indicating that consumer spending, which accounts for the majority of overall economic activity, continues to falter.

  • China’s Manufacturing Activity Contraction Calls For Growth Recovery Easing MeasuresChina’s Manufacturing Activity Contraction Calls For Growth Recovery Easing Measures

    October 27 2012 1:11 AM

    With China’s manufacturing activity continuing to remain in contraction, market participants have renewed their call for urgent policy easing measures in the coming months to attain a firmer growth recovery.

  • Asian Stocks Fall As Global Economic Weakness Erodes EarningsAsian Stocks Fall As Global Economic Weakness Erodes Earnings

    October 27 2012 12:22 AM

    Asian markets fell in the week with investor sentiment turning negative following the disappointing corporate earnings in the U.S. indicating that the global economic growth momentum continues to falter.

  • Corporate Earnings Worries Weigh Down US Stock FuturesCorporate Earnings Worries Weigh Down US Stock Futures

    October 26 2012 4:23 AM

    The U.S. stock index futures point to a lower open Friday as investor confidence was weighed down by the fear that the corporate earnings will be affected by the faltering global economic growth momentum.

  • European Stocks Fall On Euro Zone Economic ConcernsEuropean Stocks Fall On Euro Zone Economic Concerns

    October 26 2012 4:08 AM

    European markets fell Thursday as investor sentiment was weighed down by the anticipation that the consumer confidence data for France and Germany to be reported later in the day might confirm the gloomy outlook for household consumption.

  • Japan Announces $5.3 Billion Stimulus Japan Announces $5.3 Billion Stimulus

    October 26 2012 1:54 AM

    Japan’s government announced a stimulus package of 422.6 billion yen ($5.3 billion) as a measure to bolster the weakening economy and revive the economic growth momentum.

  • US Stock Futures Signal Higher OpenUS Stock Futures Signal Higher Open

    October 25 2012 4:14 AM

    The U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Census Bureau's durable goods orders data.

  • European Stocks Rise On Greece ExpectationsEuropean Stocks Rise On Greece Expectations

    October 25 2012 3:51 AM

    Most of the European markets rose Thursday as investors remained hopeful that Greece would soon receive a bailout package required to overcome its economic and financial instability.

  • India’s IT Outsourcing Industry Faces StrainIndia’s IT Outsourcing Industry Faces Strain

    October 25 2012 12:37 AM

    With Infosys Technologies Ltd, a major Indian software services firm, reporting this month a disappointing guidance for the future sales subsequent to the uncertainties in the global economy, industry experts are worried that India’s IT outsourcing industry is under stress of the weakening economic conditions around the world.