MARKETS / FINANCE

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New Japanese finance minister calls for weaker yen

Japan's new finance minister called for a weaker yen on Thursday and said he would work with the Bank of Japan to achieve an appropriate level, prompting a sharp slide in the currency against the dollar.

Stocks seen opening down; jobless data eyed

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U.S. stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones industrial average and Nasdaq 100 down 0.4 to 0.5 percent.

Cadbury shares drop below Kraft's bid for first time

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Cadbury shares dipped below the level of Kraft Foods' 10.6 billion-pound ($17 billion) bid for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needs only to slightly sweeten its offer to win.
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Netflix strikes new deal for Warner Bros titles

Online DVD renter Netflix Inc agreed to wait 28 days before offering new Warner Bros titles in exchange for more content that can be sent directly to customers' televisions and computers.
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Dow and S&P edge up, Nasdaq off on data, Fed minutes

The Dow and S&P 500 inched higher, while the Nasdaq dipped on Wednesday after Federal Reserve officials said they were still worried about labor market weakness and a report on the services sector showed only slight improvement in the economy.
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Wall St dips after ISM services, ADP jobs data

U.S. stocks slipped on Wednesday after ISM data showed the U.S. services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at U.S. private employers.
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Service sector grows, job losses slow in Dec

The rate of job losses at U.S. private employers slowed in December and the services sector showed marginal growth, according to reports on Wednesday that pointed to a steady if unspectacular recovery.
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Dow and S&P inch up, Nasdaq dips on data, Fed minutes

The Dow and S&P 500 edged higher, while the Nasdaq slipped on Wednesday after Federal Reserve officials said they were still worried about labor market weakness and a report on the services sector showed only slight improvement in the economy.
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NovaGold eying fresh Galore Creek mine plan

NovaGold Resources (NG.TO) expects to soon release a new mine plan for its Galore Creek copper-gold joint venture in British Columbia and may take a more aggressive approach with the project this year, it said on Tuesday.
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ISM data curbs Wall St; Nasdaq slips

The Dow and the S&P 500 ended little changed on Wednesday and the Nasdaq dipped after a report on the vast services sector showed only slight improvement in the U.S. economy.
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Fed minutes show worry about end of MBS buying

Members of the Federal Reserve worried that the winding down of the central bank's massive purchases of mortgage securities, among other factors, could snuff a fragile housing market recovery, minutes of their December meeting showed on Wednesday.
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Ending MBS programs could hurt housing: Fed minutes

Members of the Federal Reserve worried that the winding down of the central bank's massive purchases of mortgage securities, among other factors, could snuff a fragile housing market recovery, minutes of their December meeting showed on Wednesday.
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Ivanhoe weighs options ahead of Mongolia development

Colorful dealmaker Robert Friedland, who made a fortune selling an undeveloped Canadian nickel deposit, is seeking new options for his current venture, Ivanhoe Mines , as it starts building a massive copper-gold mine near Mongolia's border with resource-hungry China.
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Wall St flat on sluggish services sector, Fed mins

Wall Street was little changed on Wednesday after Federal Reserve officials said they were still worried about labor market weakness and a report on the services sector showed only slight improvement in the economy.
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Michigan: The right mix for hungry startups?

For decades the Big Three have cast a large shadow over the Michigan economic landscape, but with the automotive industry in turmoil, a new breed of startups is emerging from the darkness.
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Fed minutes show lingering concern over housing

Some Federal Reserve officials worried last month that waning government support could snuff out a fragile housing market recovery and a few believed it might be desirable to step up asset purchases.
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Fed minutes show lingering concern over economy

Some Federal Reserve officials worried last month that waning government support could snuff out a fragile housing market recovery and a few believed it might be desirable to step up asset purchases.
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FDIC to weigh in on bank pay next week

The board of the Federal Deposit Insurance Corp will meet on January 12 to consider proposing rules on compensation for bank employees, the agency said on Wednesday.
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Ivanhoe hires Citi to explore strategic options

Ivanhoe Mines may sell shares or debt, sell off a subsidiary or look at other options as it continues to develop its huge gold and copper mine in Mongolia, the company said on Wednesday.
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Job losses slow in December, service sector grows

The rate of job losses at U.S. private employers slowed in December and the services sector showed marginal growth, according to reports on Wednesday which underlined the tentative nature of the economic recovery.
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Wall Street flat after ISM data

Stocks stayed little changed on Wednesday after data showed the services sector expanded marginally in December following a surprise contraction in November.

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