Information Channel

Local Time: 5/9/2010 9:38:52 PM GMT Time: Sun, 5 Sep 2010 19:38:52

European Stocks Rise on Earnings (7/20/2010)

European stocks rose, with the Stoxx Europe 600 Index climbing for the first time in five days, as companies reported results that beat estimates and mining shares rallied. Asian equities gained, while U.S. futures fell.

Renewable Energy Corp ASA and Hermes International SCA surged more than 2 percent. BHP Billiton Ltd. led basic- resources companies higher, rising 1.9 percent as Barclays Capital advised buying the shares. Nokia Oyj jumped 4.1 percent after the Wall Street Journal reported the company is looking to replace Chief Executive Officer Olli-Pekka Kallasvuo. The Stoxx 600 Index rose 0.2 percent to 246.54 as of 9:40 a.m. in London. The gauge has fallen 9.4 percent from this year’s high on April 15 on concern that the global economic recovery is losing steam as indebted European governments slash spending and China takes steps to cool growth. Still, the measure has rallied 6.3 percent since May 25 amid optimism that the region’s companies can withstand the sovereign-debt crisis.

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IMF's Lipsky says moderate world recovery underway (9/5/2010)
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Crude prices below 75 dollars in Asian trade (9/3/2010)
Dollar moves narrowly ahead of key jobs data (9/3/2010)
Hong Kong gold closes higher (9/3/2010)
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Gazprom to double gas imports from Azerbaijan (9/3/2010)
Japanese shares up 1.52 percent on Wall Street recovery (9/2/2010)
European stocks slip at open; London down 0.33 pc (9/2/2010)
Hong Kong gold closes lower (9/2/2010)
US officials to visit China for talks (9/2/2010)
Lehman says two units need help to avoid failing (9/2/2010)
Stock futures point to Wall Street edging lower (9/2/2010)
Gazprom's Profit Triples (9/2/2010)
Oil hovers below $74 as Asian stocks gain (9/2/2010)
Spain needs pain for better future: Zapatero (9/1/2010)
Two-speed eurozone a new test for the ECB (9/1/2010)
London shares open higher after positive US news (9/1/2010)
Nigeria embarks on vast free trade zone with China (9/1/2010)
China agrees to step up trade with Spain (8/31/2010)
HK stocks fall, post monthly loss; Foxconn plunges (8/31/2010)
Oil slips on US recovery fears (8/31/2010)
Yen stronger after BoJ action underwhelms (8/30/2010)
Oil up in Asian trade (8/30/2010)
Hong Kong gold closes higher (8/30/2010)
Wall St falls as economy worries persist (8/30/2010)
Oil dips as concerns about economy persist (8/30/2010)
China's Wen urges new phase in trade with Japan (8/29/2010)
Kuwait posts $30.3b budget surplus (8/29/2010)
UAE raises over 20 million dollars for Pakistan victims (8/29/2010)
Putin opens Russian side of oil pipeline to China (8/29/2010)
China, Japan talks to strengthen economic ties (8/28/2010)
US-ASEAN economic ties 'priority' despite no-show (8/28/2010)
Wall Street awaits US jobs report (8/28/2010)
Oil falls to near $73 as stock markets retreat (8/27/2010)
Dollar firms on hopes for Japanese forex action (8/27/2010)
Hong Kong gold closes lower (8/27/2010)
HK stocks at 1-mth low as China Life extends losses (8/27/2010)
Japan stocks ease on global economic jitters, high yen (8/27/2010)
China shares rise but earnings temper gains (8/27/2010)
European stocks drop ahead of US data (8/27/2010)
EU sees wider S.E. Asia trade talks (8/27/2010)
Stocks climb as bears lock in gains (8/27/2010)
Cuba embraces 2 surprising free-market reforms (8/27/2010)