Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.
Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.
Brazilian bank Bradesco (BBDC4.SA)(BBD.N) said on Monday it reached a deal to take a 43.5 percent stake in local dental insurer OdontoPrev(ODPV3.SA) and share control of it with OdontoPrev's founder and chief executive.
U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.
News, details on bond issues in the European markets on Monday:
Peru's national federation of mining unions has started a two-day nationwide strike to pressure the government to change rules on labor benefits, although unions at several key mines had said they would not participate in the walkout.
Proposed and actual actions of the government to make banks public utilities will destroy the secular earnings growth of the industry, veteran banking analyst Richard Bove said.
Anil Kumar, charged with other executives over the biggest hedge fund insider-trading scheme, has sought leave from the board of a top Indian business school that he helped set up.
Gains in miners and energy firms pushed Britain's top shares 1.3 percent higher by midday on Monday, underpinned by firmer commodity prices, while investors awaited corporate earnings from the United States for further direction.
U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.
The Bank of Canada is likely to play it safe when it outlines its policy stance this week, holding the line on interest rates and tinkering at the margins of its economic forecasts as it waits for firmer evidence that the recovery is for real.
European shares bounced back on Monday to hover near last week's 12-month highs, with banks, food producers and drugmakers leading the advance ahead of more earnings results from major companies such as Apple (AAPL.O).
Apple Inc is once again expected to top Wall Street's estimates when it unveils quarterly earnings today, but it may have to beat by a lot to drive an already lofty share price higher.
News, details on bond issues in the European markets on Monday:
Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.
Creditors of Japan Airlines Corp have rejected the struggling carrier's restructuring plan and are pushing for a cut in debt waivers and details of the use of state funds, a source familiar with the matter said.
U.S. stock index futures pointed to a rebound on Wall Street on Monday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.52 percent at 3.30 a.m. EDT.
U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia.
Tens of millions of U.S. computers are loaded with scam security software that their owners may have paid for but which only makes the machines more vulnerable, according to a new Symantec report on cybercrime.
CME Group Inc, the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business.
After rallying to an intraday high above 0.9250 in Asia on Friday risk appetite waned somewhat sending the Aussie dollar back below 92 cents in offshore trade.
Stephen Schwarzman is rapidly becoming the king of the thrill ride.
U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar's status, Treasury Secretary Timothy Geithner said on Friday.
Swiss bank UBS AG warned U.S. customers by registered mail their account details may be given to U.S. tax authorities, a method that could itself breach secrecy laws, a Swiss paper said on Sunday.
Venezuelan President Hugo Chavez said on Saturday that countries including Venezuela, Russia and Iran had proposed the U.S. dollar should be replaced as the currency used for the oil trade.
Sweeping rule changes meant to shed light on so-called dark pools, where stock-trading is done anonymously, could ultimately hurt the traditional investors that regulators are trying to empower, trading executives warned over the past few days.
The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar's status, Treasury Secretary Timothy Geithner said on Friday.
General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
