Market Sense

In the past European companies were ruling the corporate world, but now it is losing their shin to America. All big market leaders from Europe are facing stiff business from US rival, many of them has lost into the mist of American's...

The struggling housing industry shows a sign of improvement as sales for new home surged astonishing 16 percent, highest in 14 years. In the season, new home sales reported to adjusted annual rate of 981,000 units, but median prices plunged to...

Bank of New Zealand (BNZ) is planning to offer subordinated bonds worth up to NZ$300 million to the public. It designs to sell these bonds in June. It is proposed that the issue will open, close and price by mid-June. BNZ wants to retain the right to.

The US stock market rebounded as another series of corporate acquisitions stimulated investors to continue a largely uninterrupted months-long buying streak. The Dow Jones industrial average registered its 24th record close this year and the...

Shares in China's Bank of Communications highlighted the current Chinese penchant for new listings on Tuesday. Having an initial offer price of 7.9 Yuan, the shares shot up by nearly 71 per cent to close at 13.54 Yuan, at the end of days trading....

China's money supply growth exceeded the government target for a third month and lending accelerated along with a drop in household deposits has consequently mounting pressure on the central bank to raise interest rates. Annual growth in China's...

It will probably use all this money to fund Reuters deal (proposed). But, I think I'm telling the story all wrong. So starting from the top, Thomson Corp. has agreed to sell its education business for $7.75 billion (£3.7bn), in cash. The Canadia

The Communication and Workers Union (CWU) rejected Royal Mail (RM) latest offer, and warn for national strike. Royal Mail offered 2.5 percent increments for its 130,000 postal workers, but they choose ballot on proposal. Ballot papers will be...

Barclays Bank is cutting 1,100 permanent employees, along with 400 contract workers and 200 temporary staff over the next three years at its offices in Poole, Dorset as part of an efficiency drive. It currently employs 2,500 people with 1,900 regular.

European news companies saw a hike in their share prices after the Reuters Group confirmed on Friday that had got an initial bid for takeover. Though, the media giant refused to name the bidder, the Globe and Mail newspaper of Canada, on its...