Quick Overview

• (MarketWatch) -- German industrial giant Siemens AG raised its dividend for the latest fiscal year by 70% and outlined Thursday a new dividend policy, saying it plans to distribute 30% to 50% of net profit to shareholders.

• Intel raises dividend by 15%

• (Bloomberg) -- The world’s largest banks won a reprieve of at least a year before facing extra measures that would force them to rein in risk as divisions within the Group of 20 nations delayed an agreement on such rules.

• Fears that China is poised to raise interest rates and worries over the euro zone’s fiscal crisis earlier battered commodities.

• Euro-zone GDP rose 0.4% QoQ and 1.9% YoY

• The preliminary University of Michigan gauge of consumer sentiment rose to 69.3 from 67.7 in October.

• Prime Minister Ali Mujawar said Somali pirates are holding 813 sailors from across the world hostage.

• China's port capacity is estimated to be as much as 40% more than current demand.

• Japan’s GDPt rose an annualized 3.9 % in the three months ended Sept. 30.