Recent forex news items are listed below
Indian shares snapped two days of gains on Friday, with IT stocks coming under selling pressure after Infosys, the nation's second-largest software services exporter, projected a modest revenue growth of 6-10 percent for the current fiscal, lower than Nasscom's estimate for 12-14 percent industry growth.
EUROPEAN SESSION UPDATE: Cyprus Finance Ministry official denies reports that president will ask for extra aid; German Ministry says extra aid is not up for discussion…
In early European deals on Friday, the Japanese yen firmed against other major currencies on risk aversion as euro area finance ministers gather in Dublin with Cyprus bailout package on top of the agenda.
Output increase by 0.4%, beating expectations for 0.2%; Markit says PMI's point to a continued recession…
Asian stocks ended mostly lower on Friday, with Indian shares bearing the brunt of the selling after Infosys, the nation's second-largest software services exporter, projected a modest revenue growth of 6-10 percent for the current fiscal, lower than Nasscom's estimate for 12-14 percent industry growth.
Indian shares fell sharply on Friday, led by IT stocks after Infosys reported disappointing revenue growth for the fourth quarter.
Eli Lilly and Co. (LLY) is priming to slash 30 percent or about 1,000 of its sales representatives in the U.S.
Asian markets are exhibiting a mixed trend on Friday, with investors largely shrugging off a positive lead from Wall Street and treading cautiously.
Trading in SGX Nifty futures indicate a lower opening amid mixed Asian cues.
The Japanese market faltered after edging up marginally in early trades, and is trading weak Friday with investors indulging in some profit taking after recent strong gains.
The Australian market is trading higher Friday with the overnight positive close on Wall Street on the back of a fairly encouraging jobs report aiding sentiment to a notable extent.
Integrated media company Fisher Communications Inc.
Billionaire investor Warren Buffett's Berkshire Hathaway, Inc. (BRKA, BRKB) and New York-based investment fund 3G Capital, which are currently in the process of taking Ketchup king H.J.
Indian shares rose for a second consecutive session, helped by firm global cues and bargain hunting following recent sharp losses. Stocks ended off their day's highs as investors awaited Infosys's results and IIP data due tomorrow for clues to near-term market outlook.
The dollar weakened against other major currencies on Thursday as solid performance in Asian and the European equity markets prompted traders to rely on high-yielding assets.
Shares of Ashmore Group Plc (ASHM.L) climbed around 14 percent in the morning trade on London Stock Exchange after the UK-based specialist emerging markets asset manager reported growth in assets under management and said it continues to perform in line with management's expectations.
The pound outperformed among major currencies on Thursday as solid European equities underpinned risk-sentiment in the market, boosting demand for high-yielding currencies.
Shares of Mothercare Plc (MTC.L) climbed around 9 percent in the morning trade on London Stock Exchange after the mother and baby retailer said its underlying pre-tax profit for fiscal year 2013 is in line with market expectations.
Asian stocks rose for a fourth straight session on optimism over earnings and amid expectations global central banks would keep their easy monetary policies in place to support growth.
The New Zealand dollar moved off its mid-Asian session's brief consolidation pattern against other major currencies in early European deals on Thursday.
Indian shares are rising on Thursday, mirroring firm global cues on optimism global central banks would keep their easy monetary policies in place to support growth.
Financial services company Protective Life Corp.
Asian markets are mostly trading notably higher on Thursday, tracking cues from Wall Street where the major averages hit record highs overnight on optimism about the economy.
Indian shares may open higher on Thursday, extending the previous session's tentative rebound, helped by positive global cues.
The Australian dollar slipped against its major counterparts in early Asian deals on Thursday, as a government report showed that the economy shed more jobs than expected, while the jobless rate also edged up.
The Japanese market opened on a firm note Thursday with the yen's decline against the U.S.
The Australian market is trading firm Thursday, with investors picking up stocks, tracking positive cues from Wall Street where the major averages hit record highs overnight.
Shares of Fortinet Inc. (FTNT) plunged 14 percent in extended trade Wednesday, after the company lowered its outlook for the first quarter, due to lower deals at its service provider segment among others.
Shares of First Solar Inc.
Aerospace and defense giant Boeing Co.
The Canadian dollar drifted higher against its major rivals in early New York deals Tuesday as the price of crude oil continued to recover from its last week's losses amid speculation that China will reduce its key interest rates following tame inflation numbers.
Indian shares fell sharply on Tuesday, with selling accelerating in the afternoon as FIIs continued selling on speculation over early general elections and slowing economic growth.
Shares of Frenkel Topping Group Plc (FEN.L) increased around 9 percent in the morning trade on London Stock Exchange after the investment services provider reported a higher profit for its fiscal 2012 on increased revenues.
Shares of Driver Group Plc (DRV.L) climbed around 12 percent in the morning trade on London Stock Exchange after the construction consultancy said it expects to exceed management expectations for the current financial year as a result of the continued strength in trading and levels of secured workload.
The British pound climbed against most major currencies on Tuesday's early European session as country's industrial production and manufacturing output for February exceeded economists forecast.
Shares of AZ Electronic Materials S.A.
Asian stocks ended mostly higher on Tuesday, led by commodity producers as benign inflation data from China reduced fears of further policy tightening.
Victrex Plc (VCT.L), a provider of high performance materials, Tuesday reported a slight increase in sales volume for the first half, despite continued global economic challenges.
The New Zealand dollar climbed against its major opponents on Tuesday, after country's house prices rose in March and business confidence index reached its highest level in three years in the first quarter.
Indian shares edged higher on Tuesday, mirroring firm Asian cues, as metal prices rose and U.S.
Asian markets are mostly trading higher on Tuesday, tracking a positive lead from the U.S.