MARKETS / FINANCE

U.S. regulators did not properly supervise Washington Mutual Inc, even as the savings and loan began to crumble because of the subprime mortgage crisis, a federal investigation concluded, the New York Times reported.

U.S. stock index futures pointed to a slightly higher open on Monday, aided by easing sovereign debt concerns after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece.

U.S. stock index futures rose on Monday, aided by easing sovereign debt concerns after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece.

Global IT spending will increase 5.3 percent this year to $3.39 trillion, boosted by strong consumer demand for PCs, and a weakening U.S. dollar, research firm Gartner said on Monday.

UBS delivered its highest pretax profit since the credit crisis began, just ahead of a likely tense shareholder meeting, and said withdrawals had slowed substantially as the bank rebuilds client trust.

Good morning dear traders, I hope you had a fine weekend and your trading was great last Friday.

Stock index futures pointed to a higher open on Wall Street on Monday, helped in part by easing worries over sovereign debt after euro zone finance ministers approved a massive aid plan for debt-stricken Greece.

UBS AG delivered its highest pretax profit since the start of the credit crisis ahead of a likely tense shareholder meeting and said withdrawals were substantially lower at all divisions.

New York state could glean considerable sums from UBS clients who have evaded taxes by hiding money in offshore accounts once the federal government starts handing over its data to the states, a New York state tax official said.

The euro posted its sharpest daily gain in two months on Monday and Asian stocks hit 22-month highs after a giant emergency aid plan for Greece boosted demand for riskier assets across the board.

American International Group Inc realized a loss of up to $2 billion last year as its Financial Products unit ended most of its remaining trades with Goldman Sachs Group Inc , a source familiar with the matter said on Sunday.

The government's bailout of the financial system is expected to cost $89 billion, much lower than earlier projections, the Wall Street Journal reported on Sunday, citing Treasury Department officials.

China recorded its first monthly trade deficit in six years, but a customs official called the shortfall a blip and economists doubted it would stand in the way of a resumption in the yuan's rise before long.

U.S. tax authorities are doing fewer audits of big corporations than in the past, a research group charged, though the government said the report shines a light on the wrong metrics.

Euro zone finance ministers approved a giant 30-billion-euro ($40 billion) emergency aid mechanism for debt-plagued Greece on Sunday, but stressed Athens had not requested the plan be activated yet.

The International Monetary Fund is ready to contribute financing for Greece through a multi-year stand-by loan arrangement and will hold talks on the matter in Brussels on April 12, IMF Managing Director Dominique Strauss-Kahn said on Sunday.

U.S. stock investors will watch the earnings numbers flow in this week to see how much momentum the rally can get from early profit reports.

Two funds have taken stakes in British defense technology firm Qinetiq , underlying hopes of a significant shake-up of the group under new CEO Leo Quinn, according to a report in the Sunday Times.

Euro zone finance ministers unanimously approved a detailed 30 billion euro ($40.5 billion) emergency aid mechanism for debt-plagued Greece on Sunday but stressed it had not requested that the plan be activated now.

U.S. stock investors will watch the earnings numbers flow in this week to see how much momentum the rally can get from early profit reports.

Euro zone finance ministers agreed unanimously at a Eurogroup teleconference on Sunday on how to help Greece if needed, Cyprus' finance minister told reporters.

Crude oil prices ended the week virtually unchanged from a week ago as optimism about demand warred with trepidation about historically high inventories in both crude oil and gasoline. The benchmark West Texas Intermediate contract settled at $84.92 a barrel on Friday, only 5 cents ahead of the previous week's Thursday close after surging above $87 a barrel early in the week and then declining for three straight sessions.

Euro zone finance ministers will hold talks on Sunday to detail how a safety net for Greece would work, European officials said on Saturday, as Greece's prime minister indicated Athens may use the mechanism if necessary.

Euro zone finance ministers will hold talks on Sunday to detail how a safety net for Greece would work, European officials said on Saturday, as Greece's prime minister indicated Athens may use the mechanism if necessary.

Greece may use an EU/IMF safety net if needed, Prime Minister George Papandreou said in an interview with a Greek newspaper to be published on Sunday.

IMF chief Dominique Strauss-Kahn said on Saturday that public debt in the advanced economies is set to increase significantly and reversing the rise would be a tremendous challenge.

IMF chief Dominique Strauss-Kahn said on Saturday that public debt in the advanced economies is set to increase significantly and reversing the rise would be a tremendous challenge.

Euro zone finance ministers, the European Central Bank and the European Commission will hold a teleconference on Greece on Sunday, a spokesman for Eurogroup President Jean-Claude Juncker said on Saturday.

Halliburton said on Friday it agreed to buy Boots & Coots , a company that provides pressure control services for oil and gas wells, in a stock and cash deal worth about $240 million.