Articles by Bhaskar Prasad

  • US Stock Futures Signal Flat Mon. Open US Stock Futures Signal Flat Mon. Open

    January 14 2013 4:20 AM

    The U.S. stock index futures point to a flat open Monday as investors maintained caution ahead of the quarterly earnings reports to be announced this week by major corporates.

  • Yen Touches 30-Month LowYen Touches 30-Month Low

    January 14 2013 12:25 AM

    The Japanese yen hit the lowest level against the U.S. dollar in the last 30 months Monday amid reports that policymakers in Japan were under pressure to further loosen the monetary policy to revive the economy.

  • Weekly Roundup: Asian Markets Fall Amid Rising China InflationWeekly Roundup: Asian Markets Fall Amid Rising China Inflation

    January 12 2013 12:20 AM

    Asian markets fell as investor confidence was weighed down by the report that inflationary pressures continued to increase in China

  • Top After-Market NASDAQ MoversTop After-Market NASDAQ Movers

    January 11 2013 11:03 PM

    The top after-market NASDAQ gainers Friday were Landec Corporation, Westport Innovations Inc, QuickLogic Corporation and Immunomedics Inc. The top after-market NASDAQ losers Friday were James River Coal Company, IPG Photonics Corporation, ModusLink Global Solutions Inc, NutriSystem Inc and Cybex International Inc.

  • US Stock Futures Point To A Flat OpenUS Stock Futures Point To A Flat Open

    January 11 2013 4:09 AM

    The U.S. stock index futures point to a flat open Friday ahead of the Department of Labor's import price index and the Bureau of Economic Analysis's trade deficit report.

  • China’s Inflation Rate Rises To 2.5 Percent In DecemberChina’s Inflation Rate Rises To 2.5 Percent In December

    January 11 2013 12:32 AM

    China’s inflation rate accelerated in December faster than expected, an indication that the country’s inflationary pressures continue to increase, lowering prospects for further loosening of the country's monetary policy.

  • Thurs. US Stock Futures Point Higher Thurs. US Stock Futures Point Higher

    January 10 2013 4:19 AM

    The U.S. stock index futures signal a higher open Thursday ahead of the Department of Labor's weekly jobless claims data.

  • Thai's Dec. Consumer Confidence Rises

    January 10 2013 12:16 AM

    Thailand’s consumer confidence rose in December compared to that in the previous month, indicating an improvement in domestic spending which accounts for the majority of overall economic activity.

  • China Trade Surplus Up To $31.6B In DecemberChina Trade Surplus Up To $31.6B In December

    January 09 2013 10:17 PM

    China’s trade surplus gained in December compared with the previous month, indicating that the world’s second-largest economy's growth is on the upswing.

  • US Stock Futures Point To Higher OpenUS Stock Futures Point To Higher Open

    January 09 2013 4:31 AM

    The U.S. stock index futures signal a higher open amid the optimism that the earnings season will reveal encouraging results.

  • Malaysia Reports Better-Than-Expected Trade Surplus In November

    January 09 2013 12:37 AM

    Malaysia posted a better-than-expected trade surplus in November, indicating that the country’s economic condition continued to improve.

  • South Korea’s Unemployment Rate Steady At 3%South Korea’s Unemployment Rate Steady At 3%

    January 08 2013 11:49 PM

    South Korea’s unemployment rate in December remained unchanged from that in November but added fewer jobs compared to those in the previous month.

  • US Stock Futures Point To Lower OpenUS Stock Futures Point To Lower Open

    January 08 2013 3:45 AM

    The U.S. stock index futures point to a lower open Tuesday as investors preferred to maintain caution before the beginning of earnings season.

  • Top After-Market NASDAQ MoversTop After-Market NASDAQ Movers

    January 07 2013 11:21 PM

    The top after-market NASDAQ gainers Monday were Wet Seal Inc, EarthLink Inc, Eagle Bulk Shipping Inc and PDF Solutions Inc. The top after-market NASDAQ losers Monday were Plexus Corp, Aviat Networks Inc, Sonus Networks Inc, Solar Capital Ltd and Flamel Technologies S.A.

  • US Stock Futures Point To A Flat Monday OpenUS Stock Futures Point To A Flat Monday Open

    January 07 2013 4:47 AM

    The stock index futures pointed to a flat open as investors worried that the sluggish economic growth would affect earnings.

  • Japan's Monetary Base Up 11.8% In DecemberJapan's Monetary Base Up 11.8% In December

    January 06 2013 11:43 PM

    Japan's monetary base rose in December compared to that in the same month last year, indicating that the monetary easing policies are leading to an increase in the amount of currency in circulation which in turn results in reviving economic growth.

  • Weekly Roundup: Asian Stock Markets GainWeekly Roundup: Asian Stock Markets Gain

    January 04 2013 11:32 PM

    Asian markets rose as investor sentiment was lifted after the Congress passed a bill intended to avert the fiscal cliff.

  • Top After-Market NASDAQ MoversTop After-Market NASDAQ Movers

    January 04 2013 10:53 PM

    The top after-market NASDAQ gainers Friday were Optimer Pharmaceuticals Inc, JDS Uniphase Corporation, Eagle Bulk Shipping Inc and GenMark Diagnostics Inc. The top after-market NASDAQ losers Friday were Mindspeed Technologies Inc, Capitol Federal Financial Inc, Pacific Premier Bancorp Inc, Signature Bank and Hercules Offshore Inc.

  • India’s December Service Activity ExpandsIndia’s December Service Activity Expands

    January 04 2013 4:42 AM

    India's service activity expanded in December at the fastest pace in the last three months, according to the HSBC PMI.

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

    January 04 2013 4:26 AM

    U.S. stock index futures point to a higher open Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls report.