BNP Paribas Stories
Glencore set to detail plans for $10 billion listing
Commodities giant Glencore is set to launch a roughly $10 billion public offering on Thursday, when it outlines plans for a May market debut that will make multi-millionaires of its partners and boost its deal-making capacity.
Shock UK inflation fall eases pressure on BoE
British inflation eased in March for the first time since last summer as grocers cut food prices, reducing the chance of a Bank of England rate hike in May and giving it leeway to support the still shaky economy.
China posts trade deficit in sign of rebalancing
China recorded a rare trade deficit in the first quarter of the year on the back of domestic economic strength and rising global commodity prices, the customs administration said on Sunday.
China posts small March trade surplus, deficit in Q1
China recorded a rare trade deficit over the past three months on the back of domestic economic strength and rising global commodity prices, the customs administration said on Sunday.
World Market Update 04/07/2011
U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.
Portugal says needs aid, PM to speak
Portugal's caretaker government said on Wednesday it needs financing from the European Union, marking a turnaround after resisting asking for aid for months despite sharply deteriorating financial conditions.
Employers step up hiring, jobless rate drops
U.S. employment grew firmly for a second straight month in March and the jobless rate hit a two-year low of 8.8 percent, underscoring a decisive shift in the labor market that should help to underpin the recovery.
World Market Update 01/04/2011
U.S. stocks ended mixed on Thursday as investors awaited Friday’s Bureau of Labor Statistics jobs report, while slightly weaker-than-expected economic reports on jobless claims and Chicago Purchasing Managers index weighed on the sentiment.
Instant view: Japan business mood edges up, quake impact looms
Japanese business morale improved slightly in the three months to March, the Bank of Japan's closely watched tankan survey showed, but the devastating earthquake earlier this month and a subsequent nuclear crisis are seen hurting confidence in coming months.
Instant view: BOJ tankan: Japanese business confidence edges up
Japanese business morale improved slightly in the three months to March, the Bank of Japan's closely watched tankan survey showed, but the devastating earthquake earlier this month and a subsequent nuclear crisis are seen hurting confidence in coming months.
Oil bounces on technicals, Libya uncertainty
Crude oil prices turned positive on Tuesday as investors eyed market technicals, an equities market bounce and reined in optimism about an early return of Libya's oil exporting capabilities.
Oil turns positive on Libya, Japan uncertainty
Oil prices turned positive on Tuesday as Gaddafi's troops halted a rebel advance, raising doubts among investors over how quickly the conflict in OPEC member Libya could be resolved.
Oil down on Libya, Japan uncertainty
Oil prices slipped on Tuesday for a third consecutive day as rebels and government troops battled for supremacy in Libya and more bad news from Japan's stricken nuclear plant sapped investor confidence.
Consumer spending up, inflation accelerates
U.S. consumer spending rose for an eighth straight month in February, but much of the gain went to cover rising food and energy prices, providing little lift to the economy.
Fed hawk Hoenig to step down October 1
Thomas Hoenig, one of the most outspoken anti-inflation hawks among senior Federal Reserve officials, will step down as president of the Kansas City Fed October 1, the bank said on Friday.
Nadal and Djokovic to lead Tennis players team in Charity Soccer match for Japan aid
World number one Rafael Nadal and number two Novak Djokovic will lead a team of top tennis players for a soccer match agaisnt Fort Lauderdale Strikers professional team in a charity match for aiding the relief effort in Japan.
Djokovic aims for French Open after Indian Wells triumph
World number two Novak Djokovic believes he is in the best form of his life after taking the Indian Wells title after beating Rafael Nadal on Sunday.
Djokovic rattles error-prone Nadal to take Indian Wells title
Even World number One Rafael Nadal couldn't halt the soon-to-be Word number two man Novak Djokovic as the Serb extended his perfect record of the year to 18-0 to take the BNP Paribas Open title at Indian Wells.
Wozniacki secures Indian Wells title with hard-fought win over Bartoli.
World No. 1 Caroline Wozniacki took her first BNP Paribas Open title in Indian Wells with a hard-fought win over France's Marion Bartoli.
Djokovic to meet Nadal in Indian Wells final after defeat of Federer
Novak Djokovic set up a mouth-watering final at the Indian Wells BNP Paribas Open with World No. 1 Rafael Nadal after a three-set win over Roger Federer.
Federer and Djokovic to clash in Indian Wells semis, Nadal faces Del Potro
Roger Federer and Novak Djokovic will meet in the semi-finals of the BNP Paribas Open in Indian Wells after easy wins in the quarter-finals, while Rafael Nadal will play Juan Martin Del Potro in the other clash.
Oil falls after Libya calls halt to military action
Oil prices fell on Friday after Libyan leader Muammar Gaddafi's government said it would halt military action in response to a U.N. resolution for an immediate ceasefire.
Nadal, Federer, Djokovic all through to quarter-finals of Indian Wells, Roddick eliminated
Rafael Nadal, Roger Federer and Novak Djokovic, the three highest ranked players in the World, all progressed to the BNP Paribas Open quarter-finals with straight-set wins.
World Market Update 16/03/2011
U.S. stocks ended lower on Tuesday as mounting fears about Japan's escalating nuclear crisis sparked sell-offs in financial markets around the world, but positive remarks from the Federal Reserve helped the indexes rebound from the day’s lows.
New York manufacturing and employment rise
Manufacturing in New York state rose to a nine-month high in March, but a sharp slowing in new orders suggested that economic growth could be less robust in future months.
Gold Price Drop No Surprise Amid Global Stock-Market & Commodity Plunge as Nuclear Panic Hits Tokyo
The Gold Price dropped 3% to four-week lows vs. a rising US Dollar on Tuesday morning, as world stock-market and commodity prices sank on worsening radiation leaks from north-east Japan's earthquake-hit nuclear plants.
NY manufacturing, employment rise but so do prices
Manufacturing in New York state rose in March to a nine-month high, while prices paid also accelerated in another sign inflation is starting to build.
NY manufacturing growth rises but so do prices
Manufacturing in New York state rose in March to a nine-month high, while prices paid also accelerated in another sign inflation is starting to build.
World Market Update 15/03/2011
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
China Everbright names 10 banks for HK float: IFR
China Everbright Bank <601818.SS> has mandated 10 banks for its planned about $6 billion Hong Kong listing, IFR reported late on Saturday.