The highly contested provision, part of the National Defense Authorization Spending bill Act, was upheld after the Senate rejected an amendment on Tuesday that would have removed the detainee provision.
China's central bank cut reserve requirements for commercial lenders on Wednesday for the first time in three years, a policy shift to ease credit strains and shore up an economy running at its weakest pace since 2009.
Oil jumped above the psychologically-significant $100 level on Wednesday after a coordinated move by central banks to address pressures in global money markets.
LONDON - U.S. and British institutional investors walked away from euro zone bonds during November as fears for the future of the currency bloc grew, Reuters asset allocation polls showed on Wednesday.
Toronto's main stock index was set to open higher on Wednesday, extending gains from the previous session after China unexpectedly cut its bank reserve requirement ratio by 50 basis points, and ahead of Canadian growth data.
Stocks were set to gain more than 2 percent at the open on Wednesday as a coordinated action by major central banks to provide liquidity to the global financial system boosted investors' appetite for risky assets.
China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.
Stock index futures soared on Wednesday as investors welcomed a coordinated action by major central banks to provide liquidity to the global financial system.
China's central bank cut the reserve requirement ratio for its banks on Wednesday for the first time in nearly three years to ease credit strains and shore up activity in the world's second-largest economy.
European shares extended a rally into a fourth session on Wednesday, with miners reversing earlier losses after resource-hungry China cut the reserve requirement for banks to ease credit strains and bolster its economy.
Australia's foreign minister on Wednesday backed the formation of a security pact with India and the United States, a tie-up that could fuel China's worries of being fenced in by wary neighbors.
China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.
India's economy grew at the slowest pace in more than two years, according to the recent Gross Domestic Product (GDP) numbers which shows the country's economy rose 6.9 percent in the July-September quarter.
Stock index futures rose on Wednesday after China unexpectedly cut its banks' reserve requirements in hopes of boosting an economy running at its weakest pace since 2009.
China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.
India's Gross domestic product growth fell to 6.9 percent in the second quarter of the financial year. The GDP growth figure is the weakest pace in more than two years.
Stocks fell and the euro weakened Wednesday after Standard & Poor's hit some of the world's leading banks with a credit downgrade and euro zone leaders' move to ramp up the regional bailout fund drew a tepid response.
Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
China announced a new standard for defining poverty Tuesday as it seeks to bridge the gap between the country's wealthier and poorer classes.
Europe's debt crisis threatens to undermine consumer confidence and cut off credit to businesses in the rapidly emerging markets that have been bright spots in an otherwise grim global economy, the head of the World Bank warned on Tuesday.
So far, it has been a tough week for the troubled Bank of America Corp. (BAC). The firm's stock hit a new 52-week low Tuesday, dropping more than 3 percent to $5.03 a share, the lowest level since March 12, 2009. After the market closed, more bad news came as Standard & Poor's downgraded the bank's long-term credit rating by a notch to A- from A.
In a speech at St. Anselm College in Manchester, N.H., on Tuesday, Rick Perry seemed to mix up the voting and drinking ages -- not to mention the date of the coming election. It was a slip of the tongue, not a substantive gaffe -- nobody really thinks Perry doesn't know the voting age -- but it was one of many YouTube-worthy moments of the Republican primary race.
