Bhaskar Prasad

  • Japan’s Service Activity Expands In NovemberJapan’s Service Activity Expands In November

    December 05 2012 12:11 AM

    Japan’s service activity expanded in November, indicating that there is hope for a rise in new business and a general improvement in the country’s economic climate.

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

    December 04 2012 11:37 PM

    The top after-market NASDAQ gainers Tuesday were AeroVironment Inc, Amyris Inc, Aegerion Pharmaceuticals Inc and Cognizant Technology Solutions Corporation. The top after-market NASDAQ losers Tuesday were Mattress Firm Holding Corp, Mitcham Industries Inc, TIBCO Software Inc, Select Comfort Corporation and Cynosure Inc.

  • China’s Service Activity Expanded In November: HSBC PMIChina’s Service Activity Expanded In November: HSBC PMI

    December 04 2012 11:11 PM

    China's service activity expanded in November but at a slower pace compared to that in the previous month, according to the HSBC Services Purchasing Managers’ Index released Wednesday.

  • Economic Recovery Concerns Weigh Down US Stock FuturesEconomic Recovery Concerns Weigh Down US Stock Futures

    December 04 2012 4:20 AM

    The U.S. stock index futures point to a lower open Tuesday as investors continue to worry that the looming fiscal cliff will have a marked impact on the economic recovery.

  • Thailand’s November Consumer Confidence Rises

    December 04 2012 12:36 AM

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

  • Japan's Monetary Base Rises 5% In NovemberJapan's Monetary Base Rises 5% In November

    December 03 2012 11:13 PM

    Japan's monetary base rose in November 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.

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

    December 03 2012 4:42 AM

    The U.S. stock index futures pointed to a higher open Monday ahead of the release of the Institute of Supply Management’s manufacturing Purchasing Managers’ Index.

  • South Korea’s Manufacturing Activity Contracted In November: HSBC PMISouth Korea’s Manufacturing Activity Contracted In November: HSBC PMI

    December 02 2012 11:43 PM

    South Korea’s manufacturing activity continued to contract in November but improved to a five-month high, according to the HSBC Purchasing Managers’ Index released Monday.

  • China's Factory Activity Reaches 13-Month High China's Factory Activity Reaches 13-Month High

    December 02 2012 11:18 PM

    China's manufacturing activity expanded to a thirteen-month high in November, according to the HSBC Purchasing Managers’ Index.

  • China's Manufacturing Activity Expands In NovemberChina's Manufacturing Activity Expands In November

    December 01 2012 12:16 AM

    China's manufacturing activity expanded in November to a seven-month high, giving the indication that the world’s second-largest economy is reviving its growth momentum.

  • Weekly Roundup: Asian Stocks Rise Amid Greece DealWeekly Roundup: Asian Stocks Rise Amid Greece Deal

    November 30 2012 11:41 PM

    Most of the Asian markets rose in the week as investor sentiment was lifted after the euro zone finance ministers and the International Monetary Fund reached a deal on financing the next tranche of the bailout package to Greece.

  • Japan Industrial Output Up 1.8% In OctoberJapan Industrial Output Up 1.8% In October

    November 29 2012 10:25 PM

    Japan’s industrial output rose in October compared to that in the previous month, which could give the much required support to the country’s faltering economy.

  • Japan’s Retail Sales Decline 1.2% In OctoberJapan’s Retail Sales Decline 1.2% In October

    November 28 2012 11:22 PM

    Japan’s retail sales fell in October compared to those in the same month last year, indicating a faltering consumer spending which accounts for the majority of overall economic activity.

  • Philippines GDP Rises 7.1% In Q3

    November 27 2012 11:43 PM

    The Philippines’ economy grew at a faster rate than expected in the third quarter, indicating that the country’s economic condition continues to strengthen.

  • Thailand’s Industrial Output Climbs To 36.1% In October

    November 27 2012 1:48 AM

    Thailand’s industrial output grew in October more than expected compared with its output during the same period last year, indicating an upswing in manufacturing.

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

    November 20 2012 3:42 AM

    The U.S. stock index futures pointed to a lower open Tuesday ahead of the Census Bureau’s data on housing starts and building permits.

  • Japan’s All Industries Activity Index Drops 0.3% In OctoberJapan’s All Industries Activity Index Drops 0.3% In October

    November 20 2012 1:45 AM

    Japan’s all industries activity index fell in October compared to that in the previous month, indicating that the weak global demand was continuing to have its impact on the country’s economy.

  • Moody’s Cuts France’s Credit Rating To Aa1Moody’s Cuts France’s Credit Rating To Aa1

    November 20 2012 12:31 AM

    Moody's Investors Service downgraded the credit rating of France late Monday, citing the risk to the economic growth of the second-largest economy in Europe.

  • China October FDI Falls To $8.31 Billion Amid Euro Zone, Japan ConcernsChina October FDI Falls To $8.31 Billion Amid Euro Zone, Japan Concerns

    November 19 2012 11:28 PM

    Foreign direct investment inflows into China fell in October compared to that in the same month last year, as investors, who are concerned about the renewed debt crisis in the euro zone and also increasing trade relations with Japan, cut down on spending.

  • BoJ Keeps Key Policy Rate UnchangedBoJ Keeps Key Policy Rate Unchanged

    November 19 2012 11:16 PM

    The Bank of Japan Tuesday kept its key policy rate unchanged and refrained from announcing any monetary easing measures in spite of the political pressures to pursue aggressive stimulus steps for reviving the economic growth momentum.