International Report 10th May 2011
Less than a year after the worst drought in a generation destroyed one-third of Russia’s wheat crop and sent global food prices surging, more adverse weather is damaging fields from North America to Europe to Asia. Corn planting in the U.S., the world’s largest grower, is advancing at half of last [...]
Australian and Asian Report 17th March 2011
Asian markets are trading lower this morning, as the worsening crisis at Japan nuclear reactor dampened market sentiments. In Japan, exporters, Toyota, Fanuc and Canon, traded lower, amid concerns that a stronger yen would hurt their profits. Financial stocks, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Tokio Marine [...]
Australian and Asian Report 9th March 2011
Asian markets are trading mostly higher this morning, taking cues from overnight gains on Wall Street. In Japan, exporters, Nintendo, Nissan Motor and Canon, paced gains, as the yen weakened against the dollar. Toyota Motor traded higher, amid news that the company is targeting a ¥1 trillion annual operating [...]
International Market Report 23rd August 2010
Japan’s Nikkei average inched down 0.4 percent on Monday as investors waited to see if Bank of Japan Governor Masaaki Shirakawa and Prime Minister Naoto Kan hold a meeting later in the day. The Dow Jones industrial average slipped 57.59 points to 10,213.62. The Standard & Poor’s 500 Index .SPX [...]
International Market Report 30th July 2010
In Asia the benchmark Nikkei fell 145.84 points to 9,550.18. The broader Topix lost 1.4 percent to 849.56. While in the US The Dow Jones industrial average dropped 30.72 points to 10,467.16. The Standard & Poor’s 500 Index dropped 4.59 points to 1,101.54. The Nasdaq Composite Index dropped 12.87 [...]