The Bank of Japan is leaning towards scrapping some corporate finance support programmes in December, sources with knowledge of the bank's thinking said, rebuffing government pressure to delay an exit from credit markets.
Britain's top share index shed 1 percent by midday on Thursday, suffering a broad-based sell-off after disappointing earnings news from the U.S., with energy stocks the biggest laggards as crude fell.
Disappointing results from telecom equipment heavyweight Ericsson (ERICb.ST) and profit-taking after a recent strong run helped send European shares lower around midday on Thursday.
The Aussie dollar held on to 0.9190 during European exchange with this level becoming somewhat of a key short term technical support as it was the third time in 24 hours the AUD bounced from there.
China on Wednesday voiced confidence that the economy has recovered from the global financial crisis, sending its clearest signal yet that it might gradually unwind its ultra-loose pro-growth policies.
Media General Inc (MEG.N) reported a quarterly loss on Wednesday because of a writedown and said revenue fell 18 percent, but the newspaper publisher also said it sees signs that ad spending is improving.
Plains Capital Corp, a Dallas-based bank holding company and mortgage lender, said it expects its initial public offering of 15 million shares to be priced at $14 to $16 a share, in what could be the first IPO by a bank in more than two years.
For two decades, Aron Aronov has transported embroidered garments, oil portraits of rabbis and other examples of traditional Bukharian Jewish culture from his native Uzbekistan to a small museum in New York.
Canada's currency fell againstthe U.S. dollar on Wednesday as traders overseas got a chanceto react to the Bank of Canada warning that a strong domesticcurrency was undermining economic recovery.
A U.S. congressional committee is likely on Wednesday to endorse the creation of a financial watchdog agency to protect consumers, with large banks likely to feel its bite worst.
Britain's top share index was 1 percent lower in midday trade on Wednesday, as miners and energy stocks fell on weakness in commodity prices while banks fell after the BoE Governor said regulation would be tightened.
News, details on bond issues in the European markets on Wednesday:
European shares fell for a second day on Wednesday, with financial stocks taking most points off the leading index after Deutsche Bank unexpectedly released quarterly figures that knocked its stock.
The dollar bounced back from a 14-month low against a basket of currencies in volatile trading on Tuesday as policymakers in Europe and Asia commented on the greenback's decline and options-related buying kept it from pushing though key levels.
The Aussie dollar continued to press higher in Asia yesterday trading marginally above the 93 cent handle following the release of the RBA board minutes with the central bank continuing to send the same bullish signals on interest rates. Support for the high yielding AUD continued throughout European trade with buyers lining up ahead of 0.9250 that was until North American investors entered. Disappointing housing data out of the U.S triggered a flight back into the Greenback and subsequently pus...
European shares fell in afternoon trading on Tuesday after data showed new construction of U.S. homes rose by less than expected in September.
Brazil's currency tumbled 1.4 percent on Tuesday, one day after the government announced it would charge a financial tax on capital inflows.
Bank of New York Mellon Corp (BK.N) reported a third-quarter net loss after a charge to restructure its investment portfolio, but earnings excluding one-time items topped expectations and its shares climbed almost 3 percent.
Foreman Danny Miranda remembers the days when the Los Angeles and Long Beach, California, ports were so jammed that ships waited in line to unload. Now the lingering recession has longshoremen waiting in line for work.
Mexico's lower house finance committee approved on Tuesday raising value-added tax and high-earner income tax rates as part of a government plan to reduce the country's dependence on waning oil revenues.
News, details on bond issues in the European markets on Tuesday:
Adecco (ADEN.VX), the world's largest staffing company, is buying American rival MPS Group (MPS.N) for $1.3 billion, boosting its high-margin and more recession-resilient professional staffing business.
U.S. stock index futures rose on Tuesday after strong quarterly results from bellwethers Caterpillar Inc (CAT.N) and Apple Inc (AAPL.O) pointed to a solid earnings season.
European shares were lower at midday on Tuesday, with banks the major losers after Qatar cut its stake in British bank Barclays (BARC.L).
A sale of Barclays shares by the Qatari Investment Authority (QIA) dented banking stocks, pulling Britain's FTSE 100 index slightly lower by midday on Tuesday, but the move lifted Sainsbury shares by reviving bid talk.
* U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, after strong quarterly results from bellwethers Apple (AAPL.O) and Texas Instruments (TXN.N) pleased investors.
The Aussie dollar opened Monday a nervous note with local investors unsure if the week ahead could see the beginning of a reversal of the recent strong run higher.
The dollar remained near a 14-month low against the euro on Monday as investors bet the Federal Reserve will hold U.S. interest rates near zero well into next year. The euro traded within half a cent of $1.50, a level not seen since August 2008, though analysts said investors would be on alert for any comments about excessive euro strength from a euro zone finance ministers' meeting later in the day.
U.S. stock index futures pointed to a higher open on Monday, as the outlook for corporate earnings lifted investor optimism about the potency of an economic recovery.
Canadians dumped C$2.71 billion ($2.61 billion) of foreign bonds in August, mostly two-year U.S. government issues, and bought the same amount in foreign stocks, Statistics Canada said on Monday.
