MARKETS

European markets advance for a second Day as the FTSE Reopens with 1% gain

Nikkei gains in early trade supported by exporters' stocks.

Outgoing CEO Peter Voser urges the government to reduce taxes to drive innovation and investment.

A few members of the BoJ board believe it would be tough to achieve 2% inflation within the two-year time frame.

Markets in the UK remain shut on account of bank holiday.

Japanese exporters' shares are down after the US dollar fell below 101 yen level in early trade.

Japan's Nikkei tanked 7% on 23 May, pulled down by data that pointed to contracting manufacturing activity in China.

EU had accused Huawei and ZTE Corp of violating anti-dumping norms.

Markets show signs of recovery after sharpest single-day fall.

Gfk German Consumer Climate Index rises to 6.5 from 6.2 in previous month.

European Central Bank President says 'Europe needs a more European UK.'

Wall Street opens lower but makes up most of the losses by end of day owing to rally in HP stock.

Markit's flash Eurozone Composite Output index showed a reading below 50 in May, indicating a contraction in business activity.

Yields on Japan's long-term government bonds rose to more than 1% for the first time in 2013.

Several Federal Reserve officials were in favour of slowing down bond-buying as early as their June meeting.

Markets hit by China's manufacturing data and reports of Fed favouring slowing down bond purchase.

Preliminary HSBC China Manufacturing PMI showed a reading of 49.6 in May, indicating a contraction in activity.

Investors waiting on US Federal Reserve chief Bernanke's testimony to Congress.

The bank to continue monetary easing until it reaches the 2% inflation target.

April trade deficit rose 69.7% to 879.94bn yen, as imports increased 9.4% to 6.66tn yen for April.

US Fed chief Ben Bernanke testifies before Congress later in the day.

Revenue from the Asia Pacific region accounts for a little over a third of the group's business.

Ben Bernanke is expected to make a statement on the future of Fed's bond-buying programme on 22 May.

Markets awaiting Ben Bernanke's hints on Fed's bond-buying programme.

The Bangalore-based firm is already contesting previous tax demands for financial years 2005 to 2008.

European markets follow the Asian peers and rise in early trades.

The Japanese government upgrades its outlook for the economy, fuelling a rally in Tokyo.

The US dollar hit a new high versus the yen at the end of the week, its highest since October 2008.

The company's order backlog has risen to an all time high of $12.1bn as of 30, April.