Prices on Egypt's stock market must stabilise before same-day settlement resumes, the financial regulator said, shrugging off warnings from some traders that the delayed settlement imposed during February's popular uprising was deterring investors.
South Africa will see its budget deficit widen a touch this year to support a weak recovery, but aims to constrain expenditure and keep debt in check and over the following three years.
Egypt's Citadel Capital plans to scale back investments outside its existing projects until the political and economic outlook becomes clearer, its chairman told Reuters.
Delta Air Lines Inc's quarterly profit fell short of Wall Street expectations because of higher fuel costs, and its shares sank more than 6 percent in morning trading.
Gold and silver prices rose more than two percent Tuesday on rising fear that European leaders will be unable to produce a viable rescue plan for the continent's banks, or its staggering southern periphery.
Israeli technology companies, once the darlings of New York's Nasdaq, have turned their backs on the exchange and are looking for suitors to acquire them.
The Eurasian Development Bank, a state-run joint venture between six former Soviet republics, has agreed to lend about $100 million to a Kazakh gold miner to help boost output of the precious metal in the Central Asian country.
Republican presidential candidate Rick Perry rolled out his economic plan Monday, and it calls for allowing Americans to choose between their existing income tax rate and a new flat tax rate of 20 percent.
The Reserve Bank of India (RBI) raised interest rates on Tuesday for the 13th and possibly final time in a tightening cycle that began in early 2010, on expectations that persistently high inflation will finally begin to ease starting in December.
Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday as its core wealth management business performed well.
World no.3 gold producer AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and said prices could easily go higher amid global economic uncertainty.
Stock index futures rose on Tuesday, supported by strong earnings from blue chip companies.
Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday, salvaged by a one-off accounting gain.
Stock index futures pointed to a mixed open on Wall Street on Tuesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures down 0.03 percent and Nasdaq 100 futures down 0.1 percent at 0925 GMT (5:25 a.m. EDT).
The top after-market NASDAQ stock market gainers are: Fortinet, Solta Medical, TD Ameritrade Holding, Cathay General Bancorp and Hologic, Inc. The top after-market NASDAQ stock market losers are: Netflix, Momenta Pharmaceuticals, Saba Software, Ultra Clean Holdings and Healthways.
European shares steadied Tuesday as earnings news offset fresh political uncertainty a day ahead of the euro zone leaders' meeting that many hope will take a big step toward solving the region's two-year-old debt crisis.
When the posh Hotel Bel-Air was re-opened earlier this month by luxury hotel chain the Dorchester Collection, the reviews from the neighbors and press outlets who follow such things was warm and admiring. But from the reported 260-plus union workers who were laid off as a result of the renovation ... not so much.
The top after market NYSE gainers on Monday were: Unisys, Hexcel, Ethan Allen Interiors, Omnicare and Charles Schwab. The top after market NYSE Losers were: ResMed, Aaron's, Inc, Masco Corp, Fortress Investment Group and STMicroelectronics.
Although all members were re-elected to News Corporation's board of directors Friday, many directors received substantial numbers of no votes.
Most Americans, weighed down by the everyday problems triggered by the U.S.'s sluggish economy, probably aren't contemplating the nation's infrastructure; but it's a topic worthy of discussion -- for national asset reasons, and the fact that an infrastructure rebuilding program can boost U.S. GDP growth.
The Suck for Luck sweepstakes to win the first pick in this year's upcoming NFL Draft became incredibly apparent this weekend. While no team would ever admit to purposely tanking a game, it's hard to justify the pitiful performances by the winless Miami Dolphins and Indianapolis Colts on Sunday.
Stocks rose on Monday, adding to three weeks of gains by the S&P 500, after strong earnings from Caterpillar and some proposed acquisitions boosted investor sentiment.
