Asian stocks bounced on Tuesday as a rally in U.S. financial shares helped Japan break a 10-session losing streak, while also reversing a little of the recent safe-haven rush into the yen.
US TREASURIES reversed from the recent highs on Monday after equities posted a strong rebound from overnight lows after Goldman Sachs received a strong buy recommendation based upon expectation of the leading Wall Street firm posting better than expected earnings driven by record breaking revenues from its trading activities.
A U.S. Republican lawmaker involved in a congressional probe of government influence over Bank of America's purchase of Merrill Lynch has asked for more documents from the Treasury Department and the New York State Attorney General to shed light on government intervention in the banking system.
Goldman Sachs Group Inc executives sold almost $700 million worth of stock since the collapse of rival Lehman Brothers last year, the Financial Times said on Monday.
Samsung Pixon12 M8910 12, the world's first 12 megapixel camera phone, which was introduces recently in Europe is now available on Pre-order at Phones4u.
In a response to Google's announcement last week, Microsoft said it would offer Office software accessible via Web for free.
Nokia on Monday introduced its new Surge, a Symbian S60-based Smartphone with video sharing for design for multimedia and entertainment mania.
Dell Inc forecast lower gross margins in the July quarter as demand has shifted toward cheaper computers such as netbooks, while prices of components are rising, sending its shares down 4 percent.
Investors from four countries sued Antigua and Barbuda on Monday, arguing that the twin-island Caribbean nation benefited from and knew about Texas financier Allen Stanford's alleged $7 billion fraud.
Jailed author of the biggest Ponzi scheme in U.S. history is on his way to the prison where he will serve his 150-year jail sentence a U.S., a prison official said.
A federal court judge in Miami approved a delay in a high-profile trial on Monday in which U.S. tax authorities hoped to force UBS AG to reveal the identities of thousands of Americans suspected of using the Swiss bank to evade taxes.
Jailed author of the biggest Ponzi scheme in U.S. history is on his way to the prison where he will serve his 150-year jail sentence a U.S. prison official said. Madoff was sentenced on June 29 for orchestrating a $65 billion worldwide fraud
The survival of CIT Group Inc , a key source of financing for thousands of small and medium-sized companies, became ensnared in disagreements between regulators in Washington on Monday.
Dell Inc forecast lower gross margins for the July quarter, citing higher component costs and an unfavorable product mix, sending its shares down 3 percent
U.S. stocks rallied more than 2 percent on Monday as bullish comments on financial sector performance from analyst Meredith Whitney lifted hopes that banks' quarterly results may be stronger than expected.
U.S. stocks rallied more than 2 percent on Monday as bullish comments on financial sector performance from analyst Meredith Whitney lifted hopes that banks' quarterly results may be stronger than expected.
Banks will hog the spotlight in the first big week for this quarter's earnings period as investors attempt to discern whether the surprising improvement in earnings in the first quarter continued through the second quarter of the year.
Worldwide storage maker Seagate on Monday released its new 15K high performance Cheetah hard drive with capacities up to 600 GB HDD.
Intel Corporation is expected to post strong second quarter earnings despite a downturn in the chip industry.
Russia's Digital Sky Technologies said it will pay $14.77 a share for Facebook common stock, boosting its stake to as much as 3.5 percent and valuing the world's largest online social network at about $6.5 billion.
Former Stanford International Bank Ltd Chief Financial Officer James Davis plans to enter a guilty plea to federal charges as early as next week, his lawyer said on Monday.
Stocks rallied on Monday, with the broad S&P 500 index up more than 2 percent as bullish comments on financials from analyst Meredith Whitney lifted hopes that the bank sector's results may be stronger than expected.
Former Stanford International Bank Ltd Chief Financial Officer James Davis was granted $500,000 bail on Monday and plans to plead guilty to charges related to an alleged $7 billion Ponzi scheme as early as next week, his lawyer said.
Mexico's central bank has established rules on paying for goods and services and making other financial transactions through bank accounts associated with mobile telephones.
CIT Group Inc stock and bond prices tumbled Monday as the company sought to bolster liquidity and U.S. Treasury Secretary Tim Geithner said he was keeping close watch on the lender to small and mid-sized businesses.
A laptop SSD hard drive provides a number of benefits, namely, faster seek times, lower power consumption, and the kicker, no moving parts. Although contemporary laptops are much less susceptible to hard drive head crashes than in the past (my HP also comes with a 3D shock guard) the risk of catastrophic hard drive failure is always in the back of your mind if you are computing while on the go. Solid state drives are also silent, and the transition to an SSD is akin to the experience a new Toyot...
CIT Group Inc stock and bond prices tumbled Monday as the company sought to bolster liquidity and U.S. Treasury Secretary Tim Geithner said he was keeping close watch on the lender to small and mid-sized businesses.
The U.S. government and the largest Swiss Bank, UBS, are in talks to settle a lawsuit whereby the U.S. government is seeking the names of American account holders suspected of offshore tax evasion. The court hearing for this case is scheduled For August 3.
Banks led U.S. stocks sharply higher in a volatile session on Monday, after positive comments on financials from normally bearish analyst Meredith Whitney sparked hopes for the sector ahead of earnings.
Stocks rose on Monday, sending the Dow Jones industrial average up 1 percent, as bank shares advanced following an upgrade of Goldman Sachs Group . and bullish comments from an influential analyst.
