US Markets News
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Need more positive signs before scaling back stimulus, says Bernanke
WASHINGTON - Chairman of the Federal Reserve, Ben Bernanke Wednesday said it was too soon to scale back the monetary stimulus and the central bank needs to see further signs of traction before taking a decision. A decision to scale back the $85 billion in bonds the Fed is buying each month could come at one of the central bank's "next few meetings" if the economy looked set to maintain ...
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U.S. dollar slips against euro after Fed official remarks
Beijing, May 22 (Xinhua-ANI): The U.S. dollar advanced against most major currencies on Tuesday, but weakened against the euro after a U.S. Federal Reserve official indicated that the central bank may not taper its bond-purchasing program soon. St. Louis Federal Reserve Bank President James Bullard said at an event in Frankfurt that the Fed should continue with the quantitative easing to boost ...
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Futures Movers Oil drops below $94 on weak China data
LOS ANGELES (MarketWatch) -- Weak Chinese manufacturing data and a drop in Asian stocks helped send oil futures lower in electronic trade ...
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Developer miner to market dollar-denominated bonds
/enpproperty--> Central China Real Estate Ltd and Vedanta Resources PLC are marketing US dollar-denominated bonds to end a one-week pause in sales of debt in the currency by Asian issuers, the longest hiatus in six weeks. ...
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AIG eyes new director with regulatory experience
AIG.N ) board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the ...
Movie Review
Taken
On the narrative level, Taken is a fairly routine action thriller about a retired CIA operative who is forced to break out his tools and flex his old skills when his virginal teenage daughter is kidnapped abroad by human traffickers. There is little to distinguish it from dozens of interchang ... ...
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Nissan to recall 841000 vehicles due to steering wheel glitch
7201.T ) will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on ...
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Nasdaq 100 futures down 29.25 pts 1 to 2971.50
NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is at least 60-minutes delayed. All quotes are in local exchange ...
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Nikkei dives 7.3 pct China worries spark worst rout in 2 years
TOKYO | Thu May 23, 2013 2:24am EDT TOKYO May 23 (Reuters) - The Nikkei share average plunged 7.3 percent on Thursday, its biggest one-day percentage drop in two years after weak Chinese factory data rattled investors, prompting them to take profits from a recent rally buoyed by massive Bank of Japan stimulus measures. The Nikkei ended 1,143.28 points lower at 14,483.98, a two-week ...
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EURO GOVT-Bunds rise as stocks fall on U.S. stimulus concerns
LONDON | Thu May 23, 2013 2:17am EDT LONDON May 23 (Reuters) - German Bund futures rose at the open on Thursday as concerns the Federal Reserve could reduce its economic stimulus in the next few policy meetings hammered riskier assets. Traders were bracing for a volatile session after Fed Chairman Ben Bernanke told a congressional committee on Wednesday that the central bank could ...
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BRIEF-BTG to buy targeted therapies arm of Nordion
LONDON | Thu May 23, 2013 2:14am EDT LONDON May 23 (Reuters) - BTG PLC : * Proposed acquisition of therasphere * To buy the targeted therapies division of nordion, for approximately US$200 million (133 million) * Balance funded by part of the net proceeds of a placing of up to 32.8 million new ordinary shares * Deal creates a leader in interventional ...