U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.
UK stocks edged up on Monday, led by mining stocks based on higher commodity prices.
Investors who earned big returns in the wake of Hurricane Katrina may want to reassess their storm-related plays now that new contracts for repair work on the U.S. Gulf Coast have slowed.
Some of America's most prominent investment firms loaded up on shares in dozens of public companies even as the U.S. government stepped up probes into those companies use of option grants.
Wall Street stocks are set for a muted start to Wednesday trade as investors consolidate positions after the push to four-month highs, with crude oil trading at $64 a barrel helping ease inflation concerns.
The Nikkei average hit a one-month closing low on Tuesday, declining 0.48 percent as a fall in commodity prices stoked worries about global demand and hit stocks sensitive to the economic cycle such as steel makers.
Nasdaq International said on Sunday it was focusing on the China market as strong economic growth creates a broad range of companies that are seeking overseas listings.
The government is aggressively investigating the suspicious timing of stock options granted to top executives at scores of companies, federal officials said Wednesday.
How much does terrorism affect stock prices?To find the answer, economists have parsed market reaction to events dating back to the 1915 sinking of the Lusitania, academics have studied how attacks on McDonald's restaurants have affected the company's stock price and researchers in Israel have chronicled what 13 years of suicide bombings did to stocks there.
The dollar slipped against most major currencies Friday even after the latest snapshot of U.S. employment came in better than expected.
Wall Street rallied on Friday following news that employers added 128,000 jobs in August.
Britain's largest shares drifted down on low volumes led by Diageo and with sentiment hit by a survey showing a sharp decline in British consumer confidence and by buoyant sterling following strong house price data.
Signs that the world economy is at a turning point are being reflected by tentative evidence that bonds are moving back into favor after years as an unloved alternative to booming equities.
The U.S. housing slowdown may threaten the biggest providers of loans, not just those catering to subprime borrowers.
U.S. Treasuries slipped slightly in Asia trade on Monday, pulling benchmark yields up from five-month lows, as many investors sat tight before a slew of data and speeches from Federal Reserve officials.
Tax law may need strengthening to curb abuses in executive stock option compensation, the chairman of the U.S. Senate Finance Committee said on Friday.
Government data and forecasts by companies are downbeat, and the sector has had a speculative, bubble-like growth which will take years to unwind, some investors said.
Wall Street's summer comes to a close next week with what could be a toxic mix for stocks: No major earnings, an overload of A-list economic data, a storm headed for the Gulf of Mexico and trading desks staffed with third-string dealers.
U.S. stocks edged higher on Thursday, with the S&P 500 getting a lift from the oil sector, but data showing a slowdown in new home sales hurt the shares of retailers and industrial companies.
Britain's FTSE 100 index edged higher on Friday, led by mining companies as metal prices firmed and by banks on bid talk surrounding the sector.
He was a high-flying investment banker capitalizing on the late 90s technology bubble, setting up deals to launch billion dollar IPOs. Now, after three years of court battles against the government involving charges that he obstructed an investigation, Frank Quattrone is free to pursue his business once again.
A U.S. federal court judge on Tuesday approved a settlement that would let former star technology investment banker Frank Quattrone avoid a third trial for obstructing justice, opening the door for him to resume his career on Wall Street.
People are so obsessed with diamonds in Sierra Leone, they overlook the value and abundance of this gold, Aiah Lebbie, chief of Nimikkor chiefdom in Sierra Leone's eastern province said.
Cisco Systems' buoyant sales outlook helped pull U.S. stock market futures higher on Wednesday, offsetting the last session's downturn after the Federal Reserve signaled a pause rather than end to interest-rate hikes and after another warning in the home building sector.
The good times in the $850 billion U.S. junk bond market may be at risk of winding down as the economy slows, leveraged buyouts get bigger and an increasing amount of bond supply looms.
Shares of oil tanker companies that operate between the U.S. and the Middle East rose sharply on Tuesday after news broke that production out of Alaska's Prudhoe Bay may not normalize until 2007.
Expectations of a halt in the Federal Reserve's two-year campaign of interest rate rises kept the dollar near two-month lows on Tuesday, while auto firms led stocks higher in Asia and Europe.
European shares sank on Monday, pulled lower by BP which began shutting down the biggest oilfield in the United States, with weaker mining and auto stocks adding to the negative tone and trade remaining cautious ahead of Tuesday's Federal Reserve meeting.
Central Banks around the world are tightening credit due to economic growth that could spin out of control. Skeptics say they could be going too far, while other say the banks aren't going far enough.
Treasury Secretary Hank Paulson's public support for a strong dollar on Tuesday failed to fully convince the foreign exchange market, which is now bracing for further weakness in the U.S. currency.
