MARKETS / FINANCE

Stock index futures edged lower on Tuesday after a report Greece wants to renegotiate a deal it struck for financial aid reignited concerns about the stability of the debt-ridden country.

The euro fell against both the dollar and yen on Tuesday on renewed worries about Greek debt but European equities hit fresh 18-month highs, outperforming flat global share markets.

U.S. stock index futures dipped on Tuesday ahead of the release of minutes from the U.S. Federal Reserve, likely to provide clues to the Fed's thinking on interest rates, while the Dow approached the 11,000 mark for the first time since September 2008.

The euro fell against both the dollar and yen on Tuesday on renewed worries about Greek debt while world shares were flat with Europe higher.

U.S. stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.29 percent, Dow Jones futures down 0.16 percent and Nasdaq 100 futures down 0.16 percent at 3:30 a.m. EDT.

Greece will launch a multi-billion dollar bond in the United States this month, selling itself for the first time as an emerging market as demand for its debt dwindles in Europe, the Financial Times reported.

Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.

Greece's government, concerned that the IMF would impose tough conditions in exchange for aid, wants to amend a deal struck at an EU summit last month to bypass an IMF financial contribution, senior government sources in Athens told Market News International.

Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.

The administrators of Lehman Brothers' U.K. unit are objecting to a plan by the collapsed U.S. investment bank to create an asset manager that would continue to oversee its illiquid assets post-bankruptcy.

For over a decade, New York state has papered over budget deficits and over-spending by shuffling money among accounts, siphoning cash from dedicated funds and abusing temporary loans, according to a report released on Monday.

Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud over the $1.4 billion auction in 2003 of the General Motors Building in midtown Manhattan.

The Aussie dollar opens this morning slightly above the 92 cent level buoyed by optimism of a continued recovery in global economic growth following upbeat U.S economic data in the form of increasing employment.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

The services sector grew at its fastest pace in nearly four years in March and future home sales unexpectedly rose in February bolstering hopes for sustainable economic recovery and job growth.

Banning traders from placing their servers close to an exchange's trading system would not solve anything, a top securities regulator said on Monday.

U.S. stocks rose on Monday, pushing the Dow up near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

U.S. stocks rose on Monday, pushing the Dow near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.

(Corrects number of Quora co-founders from four to two)

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

As 2009 came to a close, Fifth Third Bancorp was preparing to report its sixth loss in seven quarters.

The drop in U.S. inflation since mid-2008 is not just a narrow reflection of housing market weakness but is rather a sign of broad economic slack, economists at the Federal Reserve Bank of San Francisco said Monday.

(In paragraph 35, corrects name of Regions Financial spokesman. Error appeared in previous version of story.)

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan. The president has spoken repeatedly and recently that China's currency must be market-based, White House spokesman Robert Gibbs told reporters. With China on holiday there was no official response from Beijing to a weekend announcement that U.S. Treasury Secretary Timothy Geithner would postpone a report due out...

The dollar retreated from a seven-month high against the yen on Monday as investors booked profits following four days of gains for the U.S. currency. Higher oil and metals prices helped propel the Canadian dollar to a 20-month high against its U.S. counterpart, leaving it within striking distance of parity, while the euro slipped. A holiday-thinned market kept trading volume light, with the UK, most euro zone countries and parts of Asia closed.

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

A Democratic lawmaker and top bank regulator on Monday defended legislative efforts that they say would end the perception that some firms are too big to fail, challenging Republican complaints about the financial reform bills.

The U.S. services sector grew in March at its fastest pace in nearly four years, according to an industry report released on Monday.

Energy shares led stocks higher on Monday as economic data gave support to investors' bets the economy is improving.