Articles by Bhaskar Prasad
- Asian Markets Rise On Upbeat US Data
October 25 2012 12:15 AM
Asian markets rose Thursday as investor sentiment was lifted with the encouraging report on the rise of the new homes sales in the U.S., in an indication that the world’s largest economy is regaining the growth momentum.
- US Stock Futures Point To Lower Open
October 23 2012 4:31 AM
The U.S. stock index futures point to a lower open Tuesday as investor sentiment was weighed down by the fear that the deepening global economic condition would affect the corporate earnings.
- European Stocks Remain Range-Bound
October 23 2012 3:59 AM
European markets remained in a tight range Tuesday as investors maintained a cautious mode amid the revival of concerns of the debt burden faced by the euro zone with persisting financial instability in Greece and Spain.
- Asian Stocks Rise On Japan Stimulus Expectations
October 23 2012 12:12 AM
Most of the Asian markets rose Tuesday amid hopes that the Bank of Japan will soon announce stimulus measures to regain the economic growth momentum.
- Earnings Expectations Lift US Stock Futures
October 22 2012 4:32 AM
The U.S. stock index futures point to a higher open Monday as investors hope that the corporate earnings to be reported this week will indicate that the economy is recovering and regaining the growth momentum.
- European Stocks Fall On Greece, Spain Worries
October 22 2012 3:47 AM
European markets fell Monday as investor sentiment turned negative with the revival of concerns over the debt crisis affecting the euro zone following the continuing financial instability in Greece and the delay in Spain asking for a bailout officially.
- Japan’s Trade Deficit Widens In September
October 22 2012 12:21 AM
Japan reported Monday a rise in trade deficit in September compared to the same month last year with a decrease in exports and increase in imports.
- Asian Stocks Fall On Gloomy Japan Data
October 22 2012 12:02 AM
Most of the Asian markets fell Monday as investor confidence was weighed down by the report that Japan's trade deficit increased in September compared to the same month last year, raising concerns about the faltering global economy.
- RBI Likely To Ease Repo Rate
October 20 2012 12:27 AM
The Reserve Bank of India is expected to ease the rates at the forthcoming policy meeting Oct. 30 amid the growing concerns about the deteriorating growth prospects of the country's economy.
- Weekly Roundup: Asian Stocks Advance
October 19 2012 11:55 PM
Asian markets gained in the week with investor sentiment turning positive as a rise in the U.S. retail sales and industrial production indicated an improvement in the growth prospects of the world’s largest economy.
- US Stock Futures Signal Flat Open
October 19 2012 4:28 AM
U.S. stock index futures pointed to a lower open Friday as investors remained watchful with concerns that corporate earnings would be affected by the sluggish global economic growth.
- European Stock Markets Fall
October 19 2012 3:50 AM
European markets fell Friday as investors maintained a cautious mode waiting for the outcome of the European Council summit that concludes in Brussels later in the day.
- Asian Markets Fall On Google, Microsoft Earnings Reports
October 19 2012 12:17 AM
Most of the Asian stocks fell Friday with investor sentiment turning negative as the quarterly results reported by Google and Microsoft missed analysts’ expectation, deepening the fear that the sluggish global economic growth would affect the corporate earnings.
- US Stock Futures Signal Lower Open
October 18 2012 4:08 AM
The U.S. stock index futures point to a lower open Thursday ahead of the Labor Department's weekly jobless claims data.
- European Stocks Mixed Ahead Of EC Summit
October 18 2012 3:57 AM
European markets were mixed Thursday as investors were waiting for the results of the European Council summit starting in Brussels later in the day. The summit is expected to announce measures to control the debt crisis affecting the euro zone.
- Asian Stock Markets Rise On Positive China Data
October 18 2012 12:35 AM
Asian stocks gained Thursday with investor sentiment turning positive as data from China showed that the world’s second largest economy grew as expected in the third quarter, decreasing the concerns about the rapidly worsening economic conditions.
- China’s Industrial Production Rises To 9.2% In September
October 18 2012 12:10 AM
According to the official data released Thursday, China’s industrial production rose in September compared to that in the previous month, indicating an upswing in the manufacturing output.
- US Stock Futures Lower Ahead Of Housing Starts
October 17 2012 4:10 AM
The U.S. stock index futures pointed to a slightly lower open Wednesday ahead of the Census Bureau’s data on housing starts and building permits.
- European Stocks Rise On Spain Bailout Hopes
October 17 2012 3:59 AM
European markets rose Wednesday as investor confidence was lifted by hopes that Spain will soon apply for a conditional credit line and hence trigger the European Central Bank’s new bond buying plan.
- Discovery Of Diamond Planet Opens A New Rocky World
October 17 2012 1:18 AM
A U.S.-French research team has reported the discovery of a planet, named as "55 Cancri e," which is largely made up of diamond and is 40 light years away from earth.