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FDIC releases bank stress test proposal

Bank regulators on Tuesday voted to release a proposal for how banks with more than $10 billion in assets should conduct stress tests annually to determine whether they can withstand a financial shock.

Foreigners ramp up Canadian securities purchases

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Foreigners dramatically stepped up their purchases of Canadian securities in November, snapping up C$14.99 billion ($14.84 billion) worth, compared with just C$3.85 billion in October, Statistics Canada said on Tuesday.
TSX little changed, Kinross drop offsets China

TSX little changed, Kinross drop offsets China

Toronto's main stock index was slightly lower on Tuesday as losses from gold miners offset the impact of an early surge in commodity prices that were boosted by solid economic data from China and Germany.
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Provinces bristle at federal health "deal"

Provinces bristle at federal health deal

The provinces unanimously believe the federal government's unilateral decision to impose a new formula for how it will help fund the public healthcare system was both unprecedented and unacceptable, British Columbia Premier Christy Clark said Monday.
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Online wine websites get mixed reviews

Just as Amazon revolutionized the way books are sold and Groupon has conditioned shoppers to expect daily deals on services and foods, a cluster of websites have upended the stodgy world of wine.
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Mail.ru launches Russia's answer to Twitter

Russian internet company Mail.ru has launched its answer to U.S. microblogging site Twitter, seeking to expand its business into social instant messaging and emulate the success of China's Weibo.
Google executive chairman Eric Schmidt speaks at The Sloan School of Management at Massachusetts Institute of Technology in Cambridge

Technology Earnings Preview: 5 Things to Watch

A handful of technology leaders – IBM, Intel, Microsoft, Google and Apple – are all scheduled to report quarterly earnings over the next week. Here are five things to watch when the numbers come out because they may indicate prospects for 2012.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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New York manufacturing growth accelerates in January

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
Fact Checking the South Carolina Republican Debate

Fact Checking the 2012 South Carolina Republican Debate

In a spirited debate last night in Myrtle Beach, S.C., Republican candidates went after both President Barack Obama and their GOP rivals on issues ranging from U.S. trade relations and the federal income tax to misleading attack ads and America's relationship with Turkey. But what statements were true, and what were false?
An A380 aircraft is seen through a window with an Airbus logo during the EADS / Airbus 'New Year Press Conference' in Hamburg

Airbus Dismisses Financing Fears After Record Year

Aerospace group EADS batted away concerns over the financing needed to maintain a record wave of jet deliveries this year, as bumper orders from its Airbus unit and a major Japanese leasing deal provided fresh evidence of Asia's rising economic power.
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Wall Street jumps after China data

Stocks gained in early trading on Tuesday as Chinese data fueled the belief the government may move to stimulate growth, overshadowing recent credit downgrades in Europe and a mixed bag of big bank earnings.
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China policy easing ahead as growth hits 2-year low

China's economy expanded at its weakest pace in 2-1/2 years in the latest quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.

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