 U.S. stocks rise modestly after leaders in Greece ratify reformsU.S. stocks were only modestly higher Thursday despite leaders in Greece ratifying reforms that will pave the way for a deal between the debt-laden country, the European Union and the International... | |
| Some investors shun gold stocks: Aphrodite The euro zone debt crisis is deterring some investors from funding small companies in the gold sector, says gold project developer Aphrodite Gold. Aphrodite, which has a market capitalisation of... |
| ANZ hikes interest rates, breaks with OCR Borrowers are bracing for more interest rate hikes after ANZ Banking Group became the first to raise interest rates in defiance of the Reserve Bank of Australia (RBA).ANZ's move on Friday came... |
| Aust bonds firm after Greek austerity deal Australian bond futures prices rose after euro zone ministers raised doubts about the effectiveness of a proposed Greek austerity package to rein in that country's sovereign debt.At 1630 AEDT on... |
| Stocks Close Higher After Greece Deal The stock market finally got a deal in Greece, but it didn't produce much of a rally. U.S. stocks rose Thursday morning after Greece announced an agreement to cut costs and keep from defaulting... |
| ANZ lifting interest rates Westpac has announced it will raise its standard variable home loan rate by 0.1 of a percentage point to 7.46 per cent, following ANZ which earlier announced a raise... |
| "Flash Occupation" staged in L.A. to demand Wall Street pay fair share "Flash Occupation" was staged here at several Wall Street bank branches Thursday in an attempt to escalate pressure on them to pay a fair share and stop foreclosures. More than 200 people... |
| Asian Stocks, Won Fall on Greece Aid Concern; Aussie, Wheat Drop Feb. 10 (Bloomberg) -- Asian stocks fell the most in eight weeks and South Korea’s won weakened as earnings in the region disappointed investors and European leaders held back a rescue package... |
| Bangladesh slams foreign banks for high interest rates A participant in the meeting quoted Rahman as saying the BB will closely monitor the interest rate spread to keep it below 5 percent, except for small and medium enterprises and consumer... |
| ANZ first to move on interest rates Australia ANZ has lifted its variable home loan and small business interest rates by 0.06 per cent despite the Reserve Bank's decision on Tuesday to leave official rates on hold.The move will... |
| Crucial data with bankers open to misuse banking frauds over the last few years. Experts note that detailed report of accounts and other crucial data available with key officials of every branch of a bank lead to scams such as the recent... |
| ECB leaves interest rates at 1pc THE EUROPEAN Central Bank has held interest rates at a record low of 1pc as had been anticipated. But economists believe the ECB may cut rates when it meets again next month. Having hit 1.5pc... |
| RBS Said to Dismiss Bankers as Libor Probe Expands to Brokers Feb. 10 (Bloomberg) -- Royal Bank of Scotland Group Plc, the U.K.’s largest government-owned lender, dismissed at least four employees in connection with a probe of potential interest- rate... |
| Bankers in France Get No Love as Elections Prompts Bashing Feb. 10 (Bloomberg) -- BNP Paribas SA, Societe Generale SA and Credit Agricole SA, France’s biggest banks, are getting no love from the nation’s politicians as elections... |
| Solar Stocks Hit Five-Month High on Demand: China Overnight Feb. 10 (Bloomberg) -- Chinese solar companies surged to the highest level in at least five months, led by Yingli Green Energy Holding Co. and Trina Solar Ltd., after Deutsche Bank AG said major... |
| Simon English: It's about time we called the bankers' bluff It's funny, forthright, and sparkily written.But when it comes to banking, unless the author is the estimable Martin Vander Weyer, you can bet it will make a hash of it.The lead editorial in... |
| ANZ raises interest rates ANZ has bucked the recent trend of mortgage rate cuts, announcing it will increase interest rates for variable rate mortgages and small business lending by 0.06 per cent a... |
| Currencies: U.S. dollar edges higher against euro, sterling SYDNEY (MarketWatch) -- The U.S. dollar edged higher on Friday, with markets shying away from risk after euro-zone ministers held off on approving funding for... |
| Howard Gold's No-Nonsense Investing: Dennis Gartman is ‘wild-eyed bullish’ on stocks NEW YORK (MarketWatch) -- The Dow Jones Industrial Average has added more than 2,000 points since its October 2011 lows, a 21% gain. The Standard & Poor's 500 index is up nearly 250 points... |
| India's industrial-output growth slows sharply HONG KONG (MarketWatch) -- Indian factory activity growth cooled in December, decelerating to about half the average pace of the final three quarters of 2011, according to figures reported Friday.... |
| Shawn Langlois's London Sketch: London bankers defend vested City interest LONDON (MarketWatch) -- The purple backdrop was reminiscent of a Prince concert in the artist's 1980s prime. Sadly, the nostalgia lasted only as long as it took the first guest speaker to make... |
| Congress finance chair under investigation: report LOS ANGELES (MarketWatch) -- House Financial Services Committee chief Rep. Spencer Bachus is the subject of an insider-trading probe by a congressional watchdog group, the Washington Post reported... |
| Alibaba.com may go private in Yahoo deal: report +1.39% 40% stake in the group, Reuters reported Friday, citing two unnamed sources familiar with the deal. Under a transaction yet to be finalized, Alibaba would borrow money, use internal cash and... |
| Euro-zone ministers see Greek deal next week SYDNEY (MarketWatch) -- Euro-zone finance ministers held off on approving the country's second tranche of aid, saying late Thursday that the Greek parliament needs first to ratify an agreement... |
| Japan stocks waver, with weak yen helping shares LOS ANGELES (MarketWatch) -- Tokyo-listed stocks seesawed between gains and losses in early Friday trading, with a weaker Japanese yen helping support exporters. About 20 minutes into the session,... |
| Australian stocks flat in early trading SYDNEY(MarketWatch)-- Australian shares were little changed early Friday, following modest rise for U.S. stocks after Greece agreed to an austerity deal and U.S. jobless claims eased. The benchmark... |
| ECB and BoE leave interest rates on hold EUR rose to a two month high against the USD and the JPY after ECB President Mario Draghi confirmed that Greece had agreed upon a deal for emergency aid needed to avoid a disastrous default. The ECB... |
| Forex - EUR/USD, EUR/AUD Flows: ECB can do more to buy bonds in secondary markets - Fitch DJ: Fitch's Stringer on the wires saying that the he feels the ECB can do more to buy bonds in secondary markets. He also expects some move towards mutualization of Eurozone debt.Unlike previous... |
| ANZ Bank Hikes Variable Home Loan, Small Business Interest Rates by 0.06% ANZ Bank announced on Friday that it will increase its variable home loan and small business interest rates by 0.06 per cent. The announcement establishes ANZ's independence for the Reserve Bank... |
| Cyanotech Corp. stands out on mixed day for Hawaii stocks reported a quarterly profit that was more than 100 times higher than the net income reported the previous year. Meanwhile, other local stocks finished mixed on a day when the broader markets... |
| Bonds among most dangerous assets: Warren Buffett Berkshire Hathaway , said low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies. "They are among the most dangerous of assets,"... |
| Asia stocks slip as Greek bailout remains in limbo Asian stock markets dropped Friday after Europe's finance ministers demanded more spending cuts from Greece before clearing a (euro) 130 billion ($170 billion) bailout to stave off the... |
| Brokers like HSBC suspend coverage of many cos MUMBAI: Stock brokers are terminating or suspending coverage of more companies than they did in the past many years. Most broking firms, in their reports, attribute this decision to... |
| US stocks close higher after Greece debt deal The US stock market finally got a deal in Greece, but it didn't produce much of a rally. US stocks rose on Thursday morning after Greece announced an agreement to cut costs and keep from... |
| Aust stocks open lower The Australian market opened marginally lower in quiet trade on Friday, with gains in the gold and telecoms sectors offset by weakness among metals and minerals, and materials stocks.At 1028 AEDT,... |
| Stocks rise as Greek leaders agree to cuts NEW YORK -- U.S. stocks opened higher Thursday after Greek leaders agreed to cost-cutting measures that should prevent the country from defaulting on its debt next month. The Dow Jones industrial... |
| Stocks close higher after debt deal in Greece Traders gather near monitors showing the IPO of FXall, a provider of foreign exchange trading solutions, just after the opening bell Thursday, Feb. 9, 2012, on the floor of the New York Stock... |
| Stocks Close Modestly Higher On Latest Greek News 2/9/2012 4:25 PM ET (RTTNews) - While buying interest was relatively subdued, stocks moved modestly higher over the course of the trading day on Thursday. The markets benefited from the latest news... |
| Making The Case For Occupy Wall Street For some, this economy is lots better. We keep hearing that an economic recovery is underway. Yet for those who don’t have lots of money in the stock market, there’s been no economic... |
| Thursday Sector Leaders: Transportation Services, Cigarettes & Tobacco Stocks Forbes.com welcomes reader comments Permission to post reader comments is assumed and we reserve the right to refrain from posting or remove any comments that are deemed inappropriate. Find out more... |
| World markets optimistic over Greece deal despite new delay LONDON/HONG KONG--Markets remained optimistic Thursday that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity... |
