February 2nd, 2012
Asian stocks extended a global rally Thursday amid investor optimism that the U.S. economy may grow more than previously expected this year.
Tokyo’s Nikkei 225 rose 0.8 percent to 8,881.27 while Hong Kong’s Hang Seng gained 1.2 percent to 20,585.44 and Seoul’s Kospi added 1.4 percent to 1,985.82.
Signs of an improving U.S. economy have helped bolster […]
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January 31st, 2012
The stock market appeared headed Tuesday for its best January finish since 1997. Stocks climbed because of hopes that Greece was finally close to resolving its debt problem, then lost ground after an unexpected drop in consumer confidence.
The Dow Jones industrial average was down two points at 12,652 just before 10:30 a.m. EST. The Standard […]
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January 30th, 2012
The fragility of the global economy is the greatest threat to the banking industry as a return to recession could mean more losses from bad loans and bank failures, according to an industry survey.
Macro-economic risk rose to become the number-one concern among bankers, the Centre for the Study of Financial Innovation, a forum for […]
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January 23rd, 2012
The Dutch finance minister says Greece’s private creditors may be forced to take losses if they can’t reach a deal to cut the country’s massive debt pile voluntarily _ the first eurozone finance minister to do so.
Jan Kees de Jager said Monday that “we’ve never said it (the debt restructuring) must be voluntary. Our goal […]
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January 18th, 2012
Wall Street futures are rising modestly on hopes the International Monetary Fund will get a cash infusion and ahead of a host of U.S. economic reports.
Dow futures are up 20 points at 12,440. The broader Standard & Poor’s 500 futures are up 3 points to 1,293. The Nasdaq composite is up 9 points at 2,398.
Christine […]
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January 14th, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. economy will expand at a
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January 9th, 2012
There’s a battle afoot to reshape Missouri’s green energy law.
Renewable energy advocates and utilities are squaring off to establish how much of Missouri’s electricity is derived from renewable resources — with the cost to consumers in the balance.
Renew Missouri, the group formed several years ago to advance the state’s existing renewable energy initiative, known as […]
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January 7th, 2012
Ireland, whose financial system came closer to collapse than that of any euro nation, may now entice investors back to its bank bonds.
Bank of Ireland Plc (BKIR)
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December 31st, 2011
Japan
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December 27th, 2011
Fighting to win over unhappy American voters, President Barack Obama and his Republican challengers are seizing on one of the most potent issues this election season: the struggling middle class and the widening gap between rich and poor.
Highlighted by the Occupy movement and fanned by record profits on Wall Street at a time of stubborn […]
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