US stocks snap higher; energy, GE, Twitter are among gainers
U.S. and global stocks rallied Monday after a gloomy jobs report last week led investors to expect that the Federal Reserve will postpone its first interest rate increase since the financial crisis....
View ArticleUS stocks end sharply higher; GE leads gains in industrials
NEW YORK (AP) Stocks rallied in the U.S. and overseas Monday after last week's gloomy jobs report led investors to expect that the Federal Reserve will wait even longer before making its first...
View ArticleMERS Forgotten Amid Korean October Sales Flags End of Bond Rally
South Korean money managers are preparing to sell the nation’s bonds as shoppers return to malls amid October sales dubbed the Korea Black Friday. NH Investment & Securities Co., KB Investment...
View ArticleU.S. Stocks Survive Barrages as Selloff Low Becomes Rally Point
While everything from Glencore Plc to the Labor Department threw punches at U.S. stocks this week, nothing landed the knockout blow. The Standard & Poor’s 500 Index ended the week with a gain of 1...
View ArticleWorld's Central Banks Lose Bond-Market Credibility as Woes Mount
More and more, bond traders are drawing the same conclusion: central bankers globally are coming up short in their attempts to combat the world’s economic woes. Even after hundreds of interest-rate...
View ArticleSpurned India Microlender Sees Bigger Pie as Rivals Become Banks
SKS Microfinance Ltd. says being the sole microlender among India’s top five to be denied a banking permit may help it cut costs. After rivals got approvals last month to become “small finance banks,”...
View ArticleUS stocks move higher; energy, GE, Twitter are among gainers
NEW YORK (AP) U.S. and global stocks rose in midday trading Monday after a gloomy jobs report last week led investors to expect that the Federal Reserve will postpone its first interest rate increase...
View ArticleCFPB Report - October 2, 2015 (CBA - Consumer Bankers Association)
(Source: CBA - Consumer Bankers Association) Director Cordray Testifies Before House Financial Services Committee On Tuesday, September 29, 2015, CFPB Director Richard Cordray appeared before the House...
View ArticlePhilippine Pension Buys Stocks Amid Record Foreign Outflows
For the largest Philippine pension fund, record foreign outflows are making the nation’s equities a more attractive investment. As the Philippine Stock Exchange Index surged to a record in April, the...
View ArticleLess likely US rate hike props up Asian markets
Asian stocks yesterday rose as expectations of the US Federal Reserve hiking interest rates this year faded after weaker-than-expected employment data. Spread betters forecast a higher open for...
View ArticleDollar Deposed as Payrolls Miss Dims Outlook for 2015 Rate Rise
As investors mulled Friday’s disappointing U.S. payrolls data one thing is clear, the dollar is losing out as prospects of the Federal Reserve pulling the trigger on higher interest rates this year...
View ArticleUS stocks open higher; energy, GE are among early gainers
U.S. and global stocks rose in early trading Monday after a gloomy U.S. jobs report last week led investors to expect that the Federal Reserve will postpone its first interest rate increase in nearly a...
View ArticleU.S. Stocks Rise With S&P 500 Extending Rally to Fifth Session
U.S. stocks advanced, with the Standard & Poor’s 500 Index on track for its longest winning streak this year, as investors speculated that the worst has been priced into shares and growth in the...
View ArticleGross, Seeing Stocks Plunging Another 10%, Urges Flight to Cash
Bill Gross, who in January predicted that many asset classes would end the year lower, said U.S. equities have another 10 percent to fall and investors should sit out the current volatility in cash....
View ArticleAt this rate, opportunities still beckon
With influential Americans looking even harder at the US economy in the light of lackluster employment figures last week, it looks more certain we're unlikely to see the first rate hike since 2006...
View ArticleAsian Futures Tip More Stock Gains as Rate Outlook Fuels Rebound
The global stock rally that saw U.S. equities cap their longest advance this year looked set to continue in Asia, with index futures from Japan to Hong Kong signaling further gains. The dollar and the...
View ArticleBernanke recalls Lehman’s ‘surreal’ failure in new memoir
WASHINGTON: Ben Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a “terrible, surreal moment”. “We were...
View ArticleWhy the next recession is set to truly slam New York
The last time the American economy crashed, Gotham powered through it. We didn’t see the massive teacher and police layoffs and service cuts other cities saw. But if the national economy falters again,...
View ArticleRupiah Rises Most in Two Weeks After U.S. Jobs Data Disappoints
Indonesia’s rupiah rose the most in two weeks and government bonds advanced after U.S. jobs data that trailed estimates pushed back expectations for when the Federal Reserve will raise interest rates....
View ArticleHoliday shopping season forecast: consumers fight for deals
NEW YORK, Oct 5 (Reuters) - U.S. retailers enter the holiday season vowing to control discounting that has wreaked havoc on their results in the past, but competition between stores, consumers trained...
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