Articles by Bhaskar Prasad

  • Asian Markets Rise Marginally Amid Quiet TradingAsian Markets Rise Marginally Amid Quiet Trading

    December 24 2012 12:23 AM

    Asian markets rose marginally Monday as investors remained cautious with the Christmas period set to be quiet in terms of both economic data and political events.

  • Weekly Roundup: Asian Stock Markets FallWeekly Roundup: Asian Stock Markets Fall

    December 21 2012 11:16 PM

    Most Asian markets fell by week's end as investor sentiment turned negative due to Congressional leaders' lack of progress on reaching an agreement to avert the looming fiscal cliff.

  • US Stock Futures Signal Higher Open TuesdayUS Stock Futures Signal Higher Open Tuesday

    December 18 2012 3:59 AM

    U.S. stock index futures pointed to a higher open Tuesday ahead of the Bureau of Economic Analysis' announcement of current account balance data for the third quarter.

  • China November FDI Inflow Drops To $8.29 Billion China November FDI Inflow Drops To $8.29 Billion

    December 18 2012 12:18 AM

    Foreign direct investment (FDI) inflows into China fell in November in comparison to the same period last year, as investors, who are concerned about the global economic condition cut down on spending.

  • US Stock Futures Signal Higher Open MondayUS Stock Futures Signal Higher Open Monday

    December 17 2012 4:02 AM

    The U.S. stock index futures pointed to a higher open Monday ahead of the Federal Reserve Bank of New York's Empire State Manufacturing Survey.

  • Indian Government Lowers Growth Estimate For FY2012Indian Government Lowers Growth Estimate For FY2012

    December 17 2012 3:48 AM

    India’s government lowered the country’s economic growth forecast for the fiscal year 2012 indicating that it is in need of stimulus measures to boost the weakening economy.

  • Asian Markets Mixed Amid US Fiscal Cliff ConcernsAsian Markets Mixed Amid US Fiscal Cliff Concerns

    December 17 2012 1:01 AM

    Asian markets were mixed Monday as investors remained cautious, as an agreement between the U.S. Congressional leaders and President Barack Obama in adopting measures to overcome the looming fiscal cliff remains elusive.

  • Japan’s Faltering Business Condition PersistsJapan’s Faltering Business Condition Persists

    December 14 2012 11:26 PM

    Japan’s business conditions in the manufacturing sector continue to falter as the weak global economic situation is affecting its economy.

  • Weekly Roundup: Asian Stock Markets RiseWeekly Roundup: Asian Stock Markets Rise

    December 14 2012 10:59 PM

    Most of the Asian markets rose in the week as investor sentiment was lifted on hopes that the policymakers in Japan would soon announce stimulus measures to boost the growth of the world’s third-largest economy.

  • Pre-Market MoversPre-Market Movers

    December 14 2012 6:16 AM

    Alcatel Lucent SA, Nokia Corporation, Teradyne Inc, ASML Holding N.V, ARM Holdings Plc, Research In Motion Limited, Deutsche Bank AG and BP Plc are among the companies whose shares are moving in pre-market trading Friday.

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

    December 14 2012 4:29 AM

    The U.S. stock index futures signal a higher open ahead of the release of the Consumer Price Index for November.

  • Japan Industrial Output Growth Slows To 1.6%Japan Industrial Output Growth Slows To 1.6%

    December 14 2012 12:34 AM

    Japan’s industrial output rose in November, but less than expected, indicating the world’s third largest-economy continues to weaken.

  • China Industry Up: HSBC Flash PMIChina Industry Up: HSBC Flash PMI

    December 13 2012 10:17 PM

    China's manufacturing activity expanded to a 14-month high in December, according to the HSBC Purchasing Managers’ Index released Friday.

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

    December 13 2012 4:44 AM

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

  • Japan's Nikkei Touches Eight-Month HighJapan's Nikkei Touches Eight-Month High

    December 13 2012 12:28 AM

    Japan's Nikkei average rose above 9,700 Thursday to reach an eight-month high as investor sentiment was lifted on hopes that policymakers will soon announce stimulus measures to boost growth of the world’s third-largest economy.

  • Bank of Korea Maintains 2.75% Interest Rate Bank of Korea Maintains 2.75% Interest Rate

    December 12 2012 11:35 PM

    The Bank of Korea Thursday announced its decision to keep the policy rate at 2.75 percent, withstanding the pressure from the market participants for additional stimulus measures to give a boost to the country's weakening economy.

  • Pre-Market MoversPre-Market Movers

    December 12 2012 6:18 AM

    E. I. Du Pont de Nemours, BP Plc, Deutsche Bank AG, Autoliv Inc, Apple Inc, Royal Dutch Shell Plc, Alcatel Lucent SA and Molycorp Inc are among the companies whose shares are moving in pre-market trading Wednesday.

  • US Stock Futures Point To Flat Open Wed Before Fed MeetingUS Stock Futures Point To Flat Open Wed Before Fed Meeting

    December 12 2012 4:18 AM

    The U.S. stock index futures point to a flat open Wednesday ahead of the Department of Labor's import price index.

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

    December 12 2012 12:24 AM

    South Korea’s unemployment rate in November remained unchanged from that in October but grew at a slower pace than expected.

  • Japan’s Core Machinery Orders Up 2.6% In OctoberJapan’s Core Machinery Orders Up 2.6% In October

    December 11 2012 11:25 PM

    Japan’s core machinery orders rose to 2.6 percent in October from a 4.3 percent fall in September.