Asian stocks remain unchanged. IBM released its Q1 report showing its weakest revenue results since 2009. Guangdong reported a decline of 25.2% in imports and exports in Q1. Chinese social network Weibo will go public on Nasdaq today.
Credit Suisse posted 34% decline in net profit. Alibaba might go public in the US. ECB to boost zone growth with bond-purchasing programme. US stocks go up.
Nestle saw 4.2% sales increase in Q1. China’s gold consumption to grow even further. Zebra Technologies to buy Motorola Solutions’ enterprise arm. Diageo intends to increase its stake at United Spirit.
South Korea health insurer to sue tobacco companies. UK national earnings to start to recover. Short selling on blue chip companies continue to grow. Chinese household savings grow.
Galaxy S5 on sale from today. Sales of passenger cars in India dropped in March. China’s consumer price inflation remain below target. GM recalled vehicles might lead to a fatal accident.
India stock market pushed by US Fed minutes. Internet financing included for a first time in Chinese government work report for March. Deutsche Bank increase the fixed remuneration of its executives. Evonik released its financial results for 2013, showing better than forecasted results.
Olympus to pay $273 million over accounting fraud. Toyota recalls 6.58 million vehicles. Wal-Mart with online platform in India. Twitter in battle for users with Facebook.
Nokia to sell mobile branch to Microsoft. Coal India already signed 160 settlements for fuel delivery. Stocks in Europe remain cautious. Citi with $1.2 billion settlement to cover claims over legacy securities and others.
Facebook met with social app Secret. Fonterra has been charged $256,675 on botulism scandal. Asian stocks remained unchanged amid ECB policies. GDP per capita in Chengdu hit over $10,000.
COFCO to purchase 51% of Noble Group. Real estate online platform Zillow said that it has entered in collaboration with Chinese online site Beijing Yisheng Leju Information Services. Lufthansa CEO hopes that negotiation will be reached quickly. ChrysCapital has invested near $40 million in Indian pharmaceutical manufacturer Torrent Pharma.