Articles by Bhaskar Prasad

  • Asian Markets Rise On Encouraging US DataAsian Markets Rise On Encouraging US Data

    October 17 2012 12:23 AM

    Most of the Asian stocks gained Wednesday with investor sentiment turning positive as a rise in the U.S. industrial production indicated an improvement in manufacturing output in the world’s largest economy.

  • Global Econ Recovery Hopes Lift US FuturesGlobal Econ Recovery Hopes Lift US Futures

    October 16 2012 4:04 AM

    The U.S. stock index futures point to a slightly higher open Tuesday as investor sentiment was lifted by expectations that the global economy is recovering led by the revival of consumer confidence in the world’s largest economy.

  • European Stocks Gain On Spain ExpectationsEuropean Stocks Gain On Spain Expectations

    October 16 2012 3:38 AM

    European markets rose Tuesday as investor confidence was lifted by hopes that Spain will soon apply for a bailout and trigger the European Central Bank’s new bond buying plan.

  • Asian Stocks Up On Upbeat US DataAsian Stocks Up On Upbeat US Data

    October 16 2012 12:59 AM

    Most of the Asian stocks gained Tuesday with investor sentiment turning positive as a rise in the U.S. retail sales indicated an improvement in consumer confidence in the world’s largest economy.

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

    October 15 2012 4:02 AM

    The U.S. stock index futures point to a higher open Monday ahead of the Commerce Department's retail sales report and the Federal Reserve Bank of New York's Empire State Manufacturing Survey.

  • European Markets Rise On EU Summit HopesEuropean Markets Rise On EU Summit Hopes

    October 15 2012 3:39 AM

    European markets rose Monday as investor confidence was lifted by hopes that after the European Union Council meeting on 18-19 October in Brussels, Spain will seek bailout funds and Greece will shortly receive the required rescue package needed to overcome the financial instability it is facing.

  • China Inflation Rate Slows To 1.9% In SeptemberChina Inflation Rate Slows To 1.9% In September

    October 15 2012 12:41 AM

    The rate of inflation in China slowed down in September from the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.

  • Asian Stocks Drop As Economic Worries WeighAsian Stocks Drop As Economic Worries Weigh

    October 15 2012 12:27 AM

    Most of the Asian stocks fell Monday as investor sentiment was weighed down by concerns of weakening global economy, which undermined the data from China showing lowering of inflation rate in September

  • South Korea: Investors Call For More Policy Easing MeasuresSouth Korea: Investors Call For More Policy Easing Measures

    October 13 2012 1:42 AM

    The Bank of Korea Thursday announced its decision to cut the policy rate by 25 basis points to 2.75 percent but the market participants feel that additional stimulus measures are urgently needed to give a boost to the country's weakening economy.

  • Weekly Roundup: Asian Stocks Fall On Global Growth ConcernsWeekly Roundup: Asian Stocks Fall On Global Growth Concerns

    October 13 2012 12:16 AM

    Most of the Asian markets fell in the week as investor sentiment turned negative with the increasing concerns about the weakening global economy and the faltering growth prospects.

  • US Stock Futures Higher Before PPI US Stock Futures Higher Before PPI

    October 12 2012 4:33 AM

    The U.S. stock index futures pointed to a higher open Friday ahead of the Labor Department's Producer Price Index and the Treasury Department’s Federal budget report.

  • European Markets Decline On Euro Zone WorriesEuropean Markets Decline On Euro Zone Worries

    October 12 2012 3:48 AM

    European markets fell Friday as investor confidence was weighed down by renewed concerns about the euro zone's debt crisis following Spain's delay with officially asking for a bailout.

  • Asian Markets Gain On Upbeat US DataAsian Markets Gain On Upbeat US Data

    October 12 2012 12:54 AM

    Most of the Asian stocks rose Friday with investor sentiment turning positive as a drop in the U.S. jobless claims indicated an improvement in the labor market in the world’s largest economy.

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

    October 11 2012 4:03 AM

    The U.S. stock index futures point to a slightly higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Bureau of Economic Analysis's trade deficit report.

  • European Stocks Fall On Spain Economic WorriesEuropean Stocks Fall On Spain Economic Worries

    October 11 2012 3:40 AM

    Most of the European markets fell Thursday as investor sentiment turned negative amid the revived concerns about the debt crisis affecting the euro zone as the economic and financial instability faced by Spain continued to deepen.

  • Greece Needs More Time To Meet Fiscal Targets: IMF ChiefGreece Needs More Time To Meet Fiscal Targets: IMF Chief

    October 11 2012 1:42 AM

    Greece will need two more years for meeting the fiscal targets, according to International Monetary Fund Managing Director Christine Lagarde.

  • Japan’s August Core Machine Orders Decline 3.3% Japan’s August Core Machine Orders Decline 3.3%

    October 11 2012 12:47 AM

    Japan’s core machinery orders fell in August compared to that in the previous month showing that there is an urgent need to take additional measures for enhancing the growth potential of the economy.

  • Asian Stocks Fall On Weak Japan DataAsian Stocks Fall On Weak Japan Data

    October 11 2012 12:29 AM

    Most of the Asian markets fell Thursday as investor sentiment was weighed down by the weak machine orders data from Japan, giving further indication of the soft global demand and the worsening economic growth.

  • US Stock Futures Flat On Global ConcernsUS Stock Futures Flat On Global Concerns

    October 10 2012 4:37 AM

    The U.S. stock index futures point to a flat open Wednesday as investor sentiment continues to be weighed down by concerns of debt crisis in the euro zone and weakening growth in China affecting the global economy.

  • European Stocks Fall On Global Growth ConcernsEuropean Stocks Fall On Global Growth Concerns

    October 10 2012 4:06 AM

    European markets fell Wednesday as investor sentiment turned negative due to renewed concerns about the debt burden faced by the euro zone and weakening global economic growth.