MARKETS / FINANCE

Wall Street climbs as Fed sees signs of strength

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Stocks rallied on Tuesday, with banks and technology shares leading the way higher as stronger-than-expected retail sales and signs of easing in the euro zone were signals the global economy was gaining momentum.
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Fed says market strains have eased, policy on hold

The Federal Reserve on Tuesday acknowledged recent signs of strength in the economy and said recent financial market strains have eased, offering few clues on the chances for further monetary easing.
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Harmony Gold May List On Hong Kong Exchange

Harmony Gold, South Africa's third-largest bullion miner, said on Tuesday it would consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around 5 years time.
A Zimbabwean miner works underground

Impala Platinum Tells Zimbabwe To Show It The Money

South Africa's Impala Platinum said on Wednesday that the Zimbabwean government would have to find the money to buy the 31 percent stake it wanted in its local unit Zimplats or the stake would not be transferred.
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S&P 500 at 4-year high on economy bets

The S&P 500 and Nasdaq hit multi-year highs on Tuesday as U.S. retail sales rose more than forecast last month and as concerns eased about the euro zone's crisis.
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Okada video rebuts casino mogul Wynn in legal fight

Japanese billionaire Kazuo Okada, embroiled in a legal fight with former partner Steve Wynn, the chairman of casino operator Wynn Resorts, used a video on Tuesday to deny claims by the Las Vegas mogul that he was unsuitable to be a company director.
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Credit Suisse banker fined $327,900 over bond issue

Britain's Financial Services Authority has fined Nicholas Kyprios, head of Credit Suisse's European Credit Sales business in London, 210,000 pounds ($327,900), alleging that he gave away confidential client information.
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WTO upholds ruling on Boeing subsidies

The World Trade Organization said on Monday it had upheld the bulk of a ruling that Boeing received billions of dollars of subsidies to compete with Europe's Airbus , as both sides once again claimed victory in a long-running trade row.
Platinum ingot

Platinum Rallies For Fifth Day, Gold Slips

Platinum rallied for a fifth day in a row on Tuesday, its longest streak of gains since October that took the price above that of gold for the first time in six months, while gold itself fell below $1,700 an ounce ahead of a U.S. rate decision later.
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Futures gain on euro-area optimism, Fed eyed

Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
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Economic growth hopes lift shares, buoy dollar

European shares rose and the dollar held near highs on Tuesday on hopes German and U.S. data will fuel expectations of an economic recovery and of no fresh stimulus moves from the Federal Reserve later in the day.
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BOJ refrains from easing, overrules lone stimulus proposal

The Bank of Japan kept monetary policy on hold on Tuesday, overruling a lone proposal for more stimulus and disappointing some in markets who thought the central bank could follow up last month's easing with another move to amplify its impact.
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Economic recovery hopes lift shares

European shares gained on Tuesday on hopes German and U.S. data will support rising hopes of an economic recovery ahead of a monetary policy statement by the Federal Reserve.
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MF Global customers get offers for claims: paper

Some big financial firms have offered to buy the claims of thousands of MF Global customers, whose money went missing after the brokerage firm collapsed last year, the New York Times said, citing people involved in the negotiations.
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BOJ keeps monetary policy steady, Miyao proposes easing

The Bank of Japan held off on easing monetary policy on Tuesday after last month's surprise loosening, but board member Ryuzo Miyao unsuccessfully proposed a further easing by increasing the bank's asset-buying and loan scheme by 5 trillion yen ($61 billion).
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Fed seen biding time, assessing jobs gains

The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table.
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No decision yet on bonuses: MF Global trustee

The trustee managing MF Global Holdings Ltd's assets in bankruptcy told a lawmaker he has made no decision on whether to seek bonuses for the top executives of the collapsed commodities firm.
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Defensives rally on flat day for Wall Street

Defensive names rallied in an otherwise flat day for Wall Street on Monday as investors paused after recent gains and looked ahead to the Federal Reserve's monetary policy statement.
Afghanistan Shooting Timeline: What's Really Happening At Joint Base Lewis-McChord?

Afghanistan Shooting Timeline: What's Really Happening At Joint Base Lewis-McChord?

Joint Base Lewis-McChord has once again come under media and military scrutiny after a rogue soldier from that base murdered 16 civilians in southern Afghanistan on Sunday. With some of the most notorious cases in recent military history all centered on this base and its veterans, officials would do well to look closer at what really goes on inside the military base.
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Diller-backed Aereo countersues broadcasters

Aereo Inc, an online television service backed by billionaire Barry Diller that is preparing to launch on Wednesday, filed a countersuit against broadcasters seeking to stop the retransmission of their programming.

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