Result Page 171 for Latest Markets / Finance News & Archive

Maersk Solves Long Haul Problem By Opening A New Transshipping Facility In Malaysia

Maersk has opened a new transshipping facility in Malaysia offering storage space to commodity traders that will enable shorter shipping times to China.

Rovuma Area 1 Offshore, A Gas Field Off Mozambique's Coast Will Be Partially Acquired By India's OVC, A Subsidiary Of State-Run ONGC, And Oil India Limited, For $2.47 Billion

Two Indian, state-run oil companies have jointly agreed to buy another Indian company's stake in Mozambique's Rovuma gas field.

Civil Charges To Be Filed Against Jon Corzine Over MF Global Bankruptcy And Collapse, By Commodity Futures Trading Commission

The CFTC charges mean the former U.S. senator, New Jersey governor and Goldman Sachs head likely will avoid criminal prosecution.

Cisco Faces Challenges As Chinese Media Urge Switching To Domestic Products For National Security Reasons In Wake Of NSA Surveillance Leaks

Cisco risks losing revenue from its China operations, as state-run media urge consumers to switch to domestic products for security reasons.

More news

Obama Kenya Birthplace Error: Yahoo News Reporter Tweeting Again Following Hunt By Angry Twitter Mob

Rachel Rose Hartman, a White House reporter for Yahoo News, incorrectly referred to Kenya as the country of President Barack Obama’s birth. Despite a correction, a mob of angry Twitter users think she should be out of a job.

William Dudley: Monetary Policy Hard To Achieve If Financial Instability Sustains

New York Fed President William Dudley said that financial instability, itself, was reducing the effectiveness of monetary policy.

Raj Rajaratnam Insider Trading Conviction Upheld By U.S. Appeals Court in Manhattan

Rajaratnam was convicted in 2011 for massive securities fraud in the biggest-ever U.S. hedge fund insider trading scheme.

China’s Central Bank Orders Country’s Financial Institutions To Reel In Risky Lending

Shanghai stocks tumble after the People's Bank of China tells top banks to improve their balance sheets.

Citigroup To Open New Branches in Iraq, As First American Bank There

Citi is already present in other Middle Eastern countries, like Qatar, Kuwait and Egypt, but would be the first American bank in Iraq.

Gold Declines on Strong Dollar; Expected To Dip Further This Week

Gold prices are expected to drop lower this week as a sell-off in gold ETFs continues and after Goldman Sachs lowered forecasts for 2013 and 2014.

Vodafone Agrees To Buy Kabel Deutschland In A $10.15B Cash Deal After Liberty Global Makes A Bid

Vodafone reached a preliminary deal to buy Germany's Kabel Deutschland in a $10.15 billion all-cash deal, the companies said Monday.

US Stock Futures Signal Lower Open On Monday, As World Markets Worry About Fed's Next Move, Chinese Economy

With Europe and Asia down about 1% Mon., U.S. traders are anticipating a bumpy start to the week.

Swiss Bank UBS AG To Close Its Commercial Banking, Wealth Management Operations In India

Swiss bank UBS AG becomes second bank in two months to exit the wealth management business in India to focus on 'core strengths.'

FIIs Pull Out $5B From India In June While Finance Minister Assures RBI Will Rescue INR

Fears about the US Fed's bond-buying program weaken Indian markets and currency, prompting an exodus of overseas investors in June.

Central Banks Must Now Take Backseat, Governments Should Do More For Economic Recovery, Says Bank for International Settlements

The BIS said the global economic crisis had peaked, and governments should take over from central banks the task of rejuvenating their economies.

Countdown To Obamacare: Enrollment In Its Health Insurance Marketplace Opens In 100 Days

The U.S. Centers for Medicare & Medicaid Services has launched a revamped HealthCare.gov site to answer questions.

Cocaine Worth A Lot, But Gold Worth Five Times More To Colombia’s Armed Groups FARC, ELN And Others: Report

Armed groups in Colombia are booking higher earnings through illegal gold mining than through illegal cocaine production.

Alternatives To Google And Gmail: Private Search And Email Services Promise Online Anonymity In The Wake Of NSA Surveillance

The recent NSA surveillance scandal signals a major downside to online tracking. Could private search engines be the answer?

Global Economic Growth Is Modest, As Emerging Markets Disappoint But Developed Economies Hold Steady: Barclays Economists

China in particular is struggling through a period of transition, with lower growth rates, said Barclays economists.

Federal Reserve Bond Purchases Could Start to Slow or ‘Taper’ in September, Sparking Market Reactions: Barclays Economist

Federal Reserve monetary policy will be the most “immediate risk” to market stability in coming months, Barclays economists say.

New Bank Asset Requirements Leave Five Of The Big Six Banks Trailing Behind

Some banks may have to retain earnings and shareholder dividends to meet the new requirement.

US, Cuba Resuming Talks And Chipping Away At The Decades Of Hostility

The U.S. and Cuba are holding talks about policies and programs both governments want revised.

Fed Tapering Of QE 'Inappropriately Timed,' Says St. Louis Fed President Bullard

The president of the St. Louis Federal Reserve Bank urged the U.S. Federal Reserve not to taper just yet.

EU Finance Ministers Agree To Guidelines For Euro Rescue Fund, Or ESM, Including ‘Bail-In’ Requirements That Would Tap Shareholders, Large Depositors When Banks Seek Help

Struggling banks will be required to meet capital buffer requirements before accessing euro zone rescue funds.

Regional Price Parities And Real Personal Income: In States Like New York, Income Is Not Keeping Up With The Rising Cost Of Living

In New York and New Jersey, income increases are just not keeping up with the rising cost of living.

Global Markets Dive After Bernanke's Speech

US Stock Futures Point To Higher Open Rebounding From Record Lows In Previous Session After Fed Reserve's QE Comments Triggered Broad Sell-off

Wall Street's bulls & bears are likely to battle again Friday, after the Fed signaled a changing monetary policy landscape.

Asian Markets Volatile On Friday Following Sell-off In Previous Trading Sessions Triggered By Federal Reserve Comments

Asian markets moved sharply in either direction Friday as global markets come to grips with a post-QE world in the foreseeable future.

Brazil’s Currency Plunges To 4-Year Low; One Million People Join Ongoing Protests

Protests in Brazil swelled to more than 1 million people amid panic in the country's financial markets and a nose-diving currency.

Verrazano-Narrows Bridge Repaired With Chinese Steel: Chinese Steel Makers Dominate The American Market, Prompting American Steel Manufacturers To Call For Import Restrictions

American steel makers are asking the government to restrict steel imports from China, which is used in many major U.S. construction projects.

IMF to Stop Payments To Greece After Shortfall Is Discovered In Eurozone Bailout Package

The IMF will stop bailout payments to Greece unless a 3 billion-euro gap can be filled.

Bonds Yields to Rise 'Substantially Higher' And Beat Artificial Levels Induced by Central Bank Policy, Reaching 2.75%: Deutsche Bank

Deutsche Bank economists argue that bond yields correlate strongly with GDP growth rates.

MARKETS / FINANCE

Pages