Latest World Markets News
RSS-
MacBook Air The ultimate road warriors notebook
With the new 11-inch Air, Apple says the battery capacity remains unchanged. The improved battery life actually results from Intel's new energy-conscious Haswell chip. FORTUNE -- With laptops, all-day battery life remains an elusive, almost mythic, thing. Because unless it's an HP ...
-
Big companies launch their own private clouds
embracing cloud computing . But because of security concerns, custom requirements, and in some cases, sheer scale, a number of big organizations are doing it with a twist: They're creating their own private ...
-
High speed trading Paying for an edge
Take a look at any major stock index two seconds before the monthly Thomson Reuters/University of Michigan consumer sentiment survey hits the airwaves, and the trading volume is ...
More World Markets News
RSS-
Fitch Rates Texas Veterans 2010B GO Bank Bonds AAA Outlook Stable
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned an 'AAA' rating to bank bonds corresponding to the following series of State of Texas general obligation (GO) veterans bonds: --$62,485,000 State of Texas GO veterans bonds, series 2010B. The ratings are being assigned in conjunction with the execution of a substitute liquidity agreement in the form of a ...
-
Fed cites MT Bank for money laundering problems
+0.93% has compliance problems with combating money laundering, according to court filings on Tuesday. These problems have impacted the bank's merger with Hudson City Bancorp. Inc., the Federal Reserve Bank of New York said. The Fed concluded in a recent inspection, the firm had deficiencies in its compliance risk management program in conforming to anti-money laundering laws and has ...
-
Peso dips as investors await next move of US Federal Reserve
Photo by Noy Morcoso lll/INQUIRER.net MANILA, Philippines -- The peso closed weaker again on Tuesday in another day of weak trading as investors stayed in the sidelines ahead of the US Federal Reserve meeting this week. The local currency closed at 43.125 to $1 from the previous 42.875: $1 the day before. The peso opened weaker at 42.90: $1 and traded between a high of 42.940 and 43.220. ...
-
Federal Reserve faces pressure to provide clarity in uncertain environment
WASHINGTON - Federal Reserve officials begin a pivotal two-day meeting Tuesday facing a dilemma. The economy is showing enough improvement to justify dialing back some of the Feds life support, yet financial markets are terrified of what might happen and are taking it out on the housing sector. Members of the rate-setting Federal Open Market Committee are expected to announce on Wednesday ...
-
A Guide to the Federal Reserve Meeting
Here's what you need to know ahead of the Federal Reserve's two-day meeting, which starts today. What the Fed says post-meeting is important. Why? A big reason stocks have performed well the past four years is due in large part to the Fed's decision to slash short-term interest rates to roughly zero and buy mortgage-backed bonds and long-term government bonds. The ...
-
Swiss lawmakers nix bank deal with U.S.
Credit Suisse is one of hundreds of Swiss banks facing possible U.S. legal action after the Swiss parliament blocked legislation that would have allowed the sharing of account information with U.S. tax ...
-
Is gold losing its safe haven appeal
12-year bull market has peaked . "We've begun a significant turn in the gold market," said Paresh Upadhyaya, senior market strategist at Pioneer Investments. There are several drivers behind the sell-off, including ...
-
Stocks tread higher as Fed looms large
U.S. stocks finished higher Monday after a choppy day of trading. Investors are likely to remain on edge until they hear more from Fed chairman Ben Bernanke about the central bank's plans for its bond-buying program. Bernanke is set to speak at a news conference Wednesday afternoon. In a PBS interview that aired late Monday, President Obama told Charlie Rose that Bernanke has "already ...
-
Facebook H-P lead techs higher
SAN FRANCISCO (MarketWatch) - Technology stocks were modestly higher Tuesday, lifted by gains in shares of Hewlett-Packard Co. and Facebook Inc. ...
-
Stocks open higher after benign inflation data
NEW YORK (MarketWatch) -- U.S. stocks opened higher on Tuesday after data had U.S. housing starts and the cost of living rising less-than-forecast last month, and as the Federal Open Market Committee readied to start a two-day policy session. The Dow Jones Industrial ...
-
Wall Street Sets Example for Testing Security Defenses
Wall Street plans to hold a simulated cyberattack against equity markets this month that experts hope will set an example of how industries should test their defenses against ...
-
Video Evelyn Stevens Wall Street cubicle-dweller turned pro cyclist
The first woman to win the Fleche Wallone prize, Evelyn Stevens' road racing, pro-cycling success has left her Wall Street career in the dust. Ben Tracy ...
-
Gov’t plans inflation-linked bonds
The Philippine government is planning to issue inflation-linked peso bonds to fund part of its deficit this year, taking advantage of the slow rise in consumer prices to secure cheap funding. National Treasurer Rosalia de Leon on Tuesday said the Philippines might join neighbors like Thailand and South Korea, which have both issued inflation-link bonds. "It's an option for funding, ...
-
Stocks open higher on Wall Street as home construction improves in May investors watch Fed
NEW YORK -- Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market. The Dow Jones industrial average rose 45 points, or 0.3 percent, to 15,229 in the first few minutes of trading Tuesday. The Standard & Poor's 500 index was up four points, or 0.3 percent, at 1,643. Nine of the 10 industry ...
-
UK charges ex-trader over Libor
Libor is a collection of rates set by a panel and used as a benchmark for securities worth trillions of dollars globally. Hayes, 33, was one of three people arrested by officers from the fraud office and City of London police in December 2012. He will appear at Westminster Magistrates' Court in London on June 20, although the case is likely to be referred to a higher court. Hayes ...
-
H-Ps Bradley named EVP focused on China business
-0.02% on Tuesday named Todd Bradley, who had led the company's PC and printer businesses, executive vice president for strategic growth initiatives. The new position will be focused on "enhancing H-P's business in China and extending the company's critical channel partner relationships around the world," H-P said in a statement. Shares of H-P were trading mostly flat in ...
-
Big investors flee emerging markets on China fears
MADRID (MarketWatch) -- Fund managers have been growing increasingly concerned about emerging markets, pulling investments out of that region and putting more cash to work in Europe and U.S. equities. The latest Bank of America Merrill Lynch fund manager survey for June showed investment in global emerging markets fell to the lowest since 2008. Some 25% of managers plan to underweight emerging ...
-
U.S. housing starts up 6.8 to 914000 in May
WASHINGTON (MarketWatch) - Construction on new U.S. houses rebounded 6.8% in May to a seasonally adjusted annual rate of 914,000 after a large drop in the previous month, the Commerce Department estimated Tuesday. The gain was below expectations. Economists polled by MarketWatch had forecast construction starts in May to increase to a rate of 953,000 from a prior April estimate of 853,000. ...
-
U.S. consumer prices edge higher in May
WASHINGTON (MarketWatch) - U.S. consumer prices rose a seasonally adjusted 0.1% in May, mainly because of higher costs of housing, electricity and natural gas, ...
-
Qatar Exchange to start trading government bonds June 20
DUBAI, June 18 | Tue Jun 18, 2013 8:49am EDT DUBAI, June 18 (Reuters) - The Qatar Exchange said it would introduce trading of government bonds issued by the central bank on June 20, as part of measures to deepen the Gulf state's debt market and diversify investment tools for banks and other institutions. The listing of government bonds is a step towards launching a market for ...
-
Wall Street in neutral ahead of Fed meeting
Oil prices fall U.S. stock markets were trading in a narrow range ahead of Tuesday's opening bell on Wall Street.Dow Jones industrial average index stock futures and Standard & Poor's 500 index stock futures added close to 0.1%. Nasdaq 100 index stock futures rose 0.15%.Stocks started the week on an upbeat note. On Monday, the Dow closed up 0.7%, the broader S&P 500 index rose ...
-
Chrysler faces deadline to recall Jeeps
Chrysler Group will formally respond Tuesday to the government's request for a recall of 2.7 million Jeeps that safety officials say pose too great a risk of fire in a rear-end ...
Kyrgyzstan Featured
-
Kyrgyzstan must stick to long-term development plans
While news of the political unrest and government change in early 2010 dominates the world headlines, Kyrgyzstan faces an uncertain future as long-term plans for infrastructure development are thrown into disarray and uncertainty.
Kyrgyzstan is one of the poorest countries in Central Asia and stands to benefit greatly from long-term development plans initiated under the auspices of the Central Asian Regional Economic Cooperation (CAREC) Program, if the interim government can move on from the current political crisis and stabilize the country’s economy and political future. Read more
News from around our Network
