 U.S. stocks recover in late tradingA surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the... | |
 Banks in Australia profiteering says regulatorAustralia's biggest banks are gouging its customers, the Reserve Bank of Australia... |
 Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... |
 BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
 Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
 Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
 Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
 Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
 UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
 Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
 Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
 Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
| Asian Stocks Mixed After S&p Index Clears Hurdle NEW YORK Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China. ... |
| Feds: Denny Hecker Fraud Goes Back Years Federal authorities are investigating the business dealings of Denny Hecker stretching as far back as a decade, according to affidavits unsealed this week. The FBI affidavits, which relate to... |
| Wells Fargo Ceo Stumpf Joins Kovacevich On Target's Board Target Corp.'s ties to Wells Fargo & Co. just got a little tighter. The Minneapolis-based retailer said Thursday that Wells Fargo CEO John Stumpf will immediately join its board of directors,... |
| Oil Hovers Above $82 In Asia As Month-long Rally Loses Momentum Amid Weak Us Crude Demand SINGAPORE - Oil prices hovered above $82 a barrel Friday in Asia as investors mulled whether extending a monthlong rally is justified amid evidence of weak U.S. crude demand. Benchmark crude for... |
| Without Reform, Annual Per Employee Health Care Costs For American Companies Will Triple To Nearly $29,000 By 2019 Without reform, annual per employee health care costs for American companies will triple to nearly $29,000 by 2019 By Michael Hennigan, Founder and Editor of Finfacts Mar 12, 2010 - 4:03:40 AM ... |
| Examiner: Jpmorgan, Citigroup Contributed To Lehman Collapse New York - JPMorgan Chase and Co and Citigroup Inc helped cause the 2009 collapse of Lehman Brothers Holding Inc by demanding more collateral and changing guarantee agreements, according to a report... |
| Japan’s Nikkei 225 Rises On Yen Optimism; Nippon Mining Falls March 12 (Bloomberg) -- Japan’s Nikkei 225 Stock Average gained, set for its biggest weekly advance in three months, on optimism the yen will weaken amid speculation the central bank will... |
| Malaysia’s Anwar Targets Ruling Party Stronghold (Adds consultant’s comment in sixth paragraph.) By Ranjeetha Pakiam March 12 (Bloomberg) -- Malaysia’s opposition leader Anwar Ibrahim said he is targeting the ruling party stronghold of... |
| Religare Hires Kandiah From Ubs, Plans To Recruit 80 Bankers March 12 (Bloomberg) -- Religare Enterprises Ltd., Indian billionaire Malvinder Singh’s financial-services company, hired Sutha Kandiah as head of global equity capital markets, the second... |
| Greece's Weakness Is Its Strength If you want to learn how to dig yourself out of a deep hole, watch Greek Prime Minister George Papandreou. The 57-year-old socialist is urgently seeking some kind of financial backstop from other... |
| Microsoft’s Xbox Sales Beat Wii, Ps3 In February On ‘bioshock’ March 12 (Bloomberg) -- Microsoft Corp.’s Xbox 360 beat Nintendo Co.’s Wii and Sony Corp.’s PlayStation 3 last month to become the best-selling video-game console in the U.S. for... |
| Air China Shares Higher After Fundraising Plans HONG KONG -- Air China Ltd.'s shares in Hong Kong were up as much as 13% in resumed mid-morning trade Friday after the Chinese carrier announced fundraising plans involving the private placement of... |
| Cera Week: Us Summers: 'very Close' To The Point Of Job Growth HOUSTON -(Dow Jones)- The U.S. economy is moving towards job creation as it sails out of the recession, White House economic advisor Lawrence Summers said Thursday. The economy is "very close to the... |
| Petrovietnam Gas Consortium Signs $1 Billion Pipeline Deal -official CVX ), MOECO and PTTEP to build and operate a gas pipeline in South Vietnam, a PetroVietnam Gas official said Friday. The consortium, which signed the deal in Hanoi late Thursday, will build the... |
| Agricultural Development Bank Of China To Sell Cny15 Billion Bonds SHANGHAI -(Dow Jones)- Agricultural Development Bank of China said Friday it plans to auction CNY15 billion ($2.2 billion) worth of 10-year bonds on the interbank market March 19. The policy lender... |
| Boj Shirakawa: Aiming To Stimulate Demand By Keeping Low Rates TOKYO -(Dow Jones)- Bank of Japan Gov. Masaaki Shirakawa said Friday the central bank aims to stimulate demand by maintaining a low interest-rate environment, but declined to comment on whether the... |
| Taiwan Cabinet Oks China Financial Firms To Open Local Branches TAIPEI -(Dow Jones)- Taiwan Premier Wu Den-yih has approved the opening of the island's financial sector to investment from China, a cabinet official told Dow Jones Newswires on Friday. "The premier... |
| Lg Display May Raise Some Panel Prices Due To Tight Supply - Ceo "); } function setUserAsLoggedIn() { $('#username_link').show(); $('#username_link').html("WELCOME ("+$.cookie("p_UN")+")"); ... |
| Hong Kong Shares Drop On Policy Tightening Fears HONG KONG -- Hong Kong shares declined early Friday as concerns that Beijing may tighten monetary policy pressured Chinese banking and property stocks, though Air China Ltd. soared after its shares... |
| Japan February Power Output Up 7.4% On Year -utility Federation TOKYO -(Dow Jones)- Electricity generated by Japan's 10 regional power utilities in February rose 7.4% from a year earlier to 80.02 billion kilowatt-hours, as brisk industrial activity and low... |
| Video Game Sales Fall Again In February Video-game sales declined again in February, as some of the month's new releases performed relatively weakly. Sales of game software declined by 15% for the month to $624.4 million compared to the... |
| S&p 500 Hits 17-month High As Banks Lift Wall Street NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its... |
| Asia Stocks Head For 5th Week Of Gains SINGAPORE (Reuters) - Asian stocks edged up on Friday, heading for a fifth straight week of rises, with energy stocks firm as oil held above $82 a barrel and financials ticking higher after U.S.... |
| U.s. "very Close" To Job Growth: Summers (Reuters) - White House economic adviser Larry Summers said on Thursday that the United States is "very close" to the point where job growth can begin. (Reporting... |
| Rodobens Discloses Its 4q09 And 2009 Earnings Release /PRNewswire-FirstCall/ -- Rodobens Negocios Imobiliarios (Bovespa: RDNI3), discloses today its audited results of the year 2009 and the fourth quarter (4Q09). The financial and operating information... |
| Money Fund Assets Fell To $3.090t In Latest Week Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual... |
| Extra Federal Aid Could Solve Sd Budget Problem The South Dakota Legislature's plans to cut state spending next year were thrown into question Thursday when lawmakers learned the state might get an extra $36 million in federal aid. The... |
| Summary Box: Regulators Appeal On Swaps WARNING ON DERIVATIVES: The head of the Securities and Exchange Commission is calling anew for Congress to impose new oversight on financial derivatives. Mary Schapiro warns that allowing risky... |
| Citigroup Says Bank On Path To Profit Vikram Pandit said on Thursday.Investors embraced his bullish view, sending Citigroup shares up 5.6 per cent to $4.18.Pandit didn't give a timetable for returning to profitability. But he said... |
| Caterpillar May Relocate Excavator Production From Japan To U.s.+ NEW YORK, March 11 (AP) - (Kyodo)Caterpillar Inc., a major U.S. construction equipment maker, said Thursday it is eyeing relocating production of U.S.-bound hydraulic excavators from a... |
| Gol Releases 4q09 Results R$1,498 .5mm in 4Q09, 0.2% up year-over-year due to non-recurring expenses and provisions of approximately R$73mm, as a result of improvements to its internal controls and higher automation of... |
| Anoka Man Sues Toyota Over New Car A Minneapolis law firm filed suit Thursday against Toyota Motor Corp., joining the growing number of cases seeking class-action status against the Japanese automaker for massive recalls that have... |
| Money Fund Assets Fell By $36.22 Billion To $3.090 Trillion In Latest Week NEW YORK - Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market... |
| World Trade Heading For Double-digit Growth In 2010 . The emerging markets have seen external trade pick up strongly and in some cases rapidly, unlike the developed economies. In a few instances, the export performance of emerging markets is close or... |
