Bhaskar Prasad

Asian markets rose Monday as investors were relieved after the pro-bailout parties won Sunday's elections in Greece.

Japan's Nikkei 225 Stock Average rose Monday as investor concerns were eased following the Greek election in which pro-bailout parties won the majority.

The announcement by the city authorities in Mumbai, the financial capital of India, last month that license would be needed for consuming alcohol have raised many eyebrows.

Asian markets rose this week amid hopes that central banks around the world will take coordinated stimulus measures to tackle the European financial crisis and regain global economic growth momentum.

European markets rose Friday amid expectation that central banks around the world would coordinate to announce stimulus measures to rejuvenate the global economic growth.

Asian markets rose Friday as investor confidence was boosted by expectation for stimulus measures from policymakers globally.

Japan's Nikkei 225 Stock Average rose Friday but maintained a cautious tone as investors await the Greek elections.

Futures on the major U.S. indices point to a flat opening Thursday ahead of the Department of Labor's report on weekly jobless claims and the Consumer Price Index.

European markets fell Thursday as investor confidence was low ahead of the Italian bond auction later in the day.

Finland-based cell phone manufacturer Nokia announced Thursday that it plans to cut 10,000 jobs globally as part of its revamping measures.

Asian markets fell Thursday as weak retail sales data by the U.S. Commerce Department and Spanish debt downgrade by Moody's weighed down on investor sentiment.

Japan's industrial production declined in April from the previous month, according to the revised data released by the Trade Ministry Thursday.

Japan's Nikkei 225 Stock Average fell Thursday amid report of cut in Spain's credit rating and disappointing data from the U.S.

Futures on major U.S. indices point to a slightly lower opening Wednesday ahead of the retail sales report and producer price index.

European markets rose Wednesday following an overnight rally in the Wall Street amid anticipation that the U.S. Federal Reserve would announce further quantitative easing to support the economy.

Asian markets rose Wednesday but gains were weighed down as investors were worried about the debt crisis lingering over the euro zone.

Japan's Nikkei 225 Stock Average rose Wednesday but maintained a cautious tone as investors have concerns of the persisting debt crisis looming over the euro zone.

South Korea's unemployment rate fell in May to its lowest in four months with the availability of more jobs in the service sector, according to figures reported by Statistics Korea Wednesday.

Futures on the major U.S. indices point to a higher opening Tuesday ahead of the May Treasury budget statement and Import Price Index.

European markets maintained a cautious tone Tuesday as stocks fell in the U.S. and Asia following the fading of optimism relating to the aid to the Spanish banks and revival of the debt crisis looming over the euro zone.

Asian stocks fell Tuesday as optimism on the 100 billion euro ($125 billion) aid for Spanish banks faded, and markets failed to uphold the gains made Monday.

Japan's Nikkei 225 Stock Average fell Tuesday as the early investor excitement on the bailout for Spanish banks subsided to revive concerns about the debt crisis looming over the euro zone.

Former Goldman Sachs director Rajat Gupta, who is accused of insider trading, will not testify in his own defense, according to a letter written by his main lawyer to the U.S. District Judge in New York.

Futures on major U.S. indices point to a higher opening Monday following the agreement by the eurozone finance ministers to lend Spain 100 billion euros ($125 billion).

Asian markets rose Monday as investors were encouraged by the announcement of the Spanish bank aid deal and a report of less worrisome data from China over the weekend.

Japan's Nikkei 225 Stock Average rose Monday as euro zone finance ministers Saturday agreed to provide Spain with aid while May exports in China grew above expectations.

The Reserve Bank of India is expected to ease rates at the forthcoming mid-quarter review June 18 to lift constraints on lending as it seeks to tackle the shortage of cash in the banking sector and the slowing economy.

Asian markets rose this week amid hopes that policy makers would take concrete measures to tackle the financial crisis and regain the economic growth momentum.

Iran and the International Atomic Energy Agency (IAEA) Friday resumed talks in Vienna, hoping to sort out the differences on conducting investigation into the alleged nuclear weapon program in the Islamic republic.