Shares in Asian companies tumbled on Monday after the massive earthquake and tsunami in Japan that likely killed more than 10,000 people.
Japan's equity futures fell 6 percent on Monday as investors took stock of the economic damage from the massive earthquake and tsunami that devastated the country's northeastern region.
The Bank of Japan is expected to discuss easing monetary policy further at its rate review on Monday, sources familiar with the matter said.
The Bank of Japan offered to pump a record $183 billion into the money market on Monday and may ease its ultra-loose policy further to calm markets after a massive earthquake hit the country's northeast, killing thousands and triggering a nuclear crisis.
The Bank of Japan offered to pump a record $85 billion into the banking system on Monday, its first same-day market operation since the Greek debt crisis, to soothe market jitters after a massive earthquake hit northeastern Japan.
The Treasury Department said Sunday it is monitoring financial markets closely in the wake of the devastating earthquake that struck Japan last week but had assurances that transactions systems were working.
Morgan Stanley's Asia CEO, Owen Thomas, is leaving his current role and returning to the United States, three years after taking the Wall Street bank's reins in the region.
The Bank of Japan injected a record 7 trillion yen ($85 billion) into the money market on Monday, its first same-day market operation since the Greek debt crisis, to soothe market jitters after a massive earthquake hit northeastern Japan.
Anonymous, a hacker group sympathetic to WikiLeaks, plans to release e-mails obtained from Bank of America Corp early Monday morning, according to posts on the group's Twitter feed.
Shaken by the prospect of nuclear meltdown after a devastating earthquake and tsunami, Japanese investors will dump overseas assets on Monday and bring their money home to help finance reconstruction.
The devastation in Japan is set to worsen the negative short-term sentiment gripping a vulnerable U.S. stock market, with companies exposed to Japan and the nuclear energy sector likely to take the biggest hits.
Euro zone finance ministers will discuss the details on Monday of how to strengthen Europe's financial safety net, after their leaders decided on Friday the emergency fund should have more firepower and flexibility.
The world has entered a new economic era that will be more volatile and more dependent on the growth of emerging economies, General Electric Co Chief Executive Jeff Immelt said in a letter to shareholders.
Last week's earthquake in Japan could lead to insured losses of nearly $35 billion, risk modeling company AIR Worldwide said, making it one of the most expensive catastrophes in history -- even without expected additional tsunami losses that are not yet counted.
Ireland expects Europe to cut the interest rate it is charging on some 40 billion euros ($55 billion) worth of loans at a summit at the end of this month and will also seek greater flexibility from Brussels on dealing with its banks.
The board of Zain approved on Sunday an offer worth a total $5 billion including debt by Kingdom <4280.SE> and Bahrain Telecom for the Kuwaiti telco's Saudi assets, sources said.
Earthquake in Japan. Unrest in the oil-producing Arab world. Sovereign-debt strains in Europe. Inflation in China.
The board of Zain approved on Sunday an offer worth a total $5 billion including debt by Kingdom <4280.SE> and Bahrain Telecom for the Kuwaiti telco's Saudi assets, sources said.
Bank of Japan Governor Masaaki Shirakawa said the central bank will provide huge amounts of liquidity to the banking system on Monday, reinforcing the bank's determination to keep markets stable in the wake of the devastating earthquake that struck northeastern Japan.
Ireland's new government is concerned about what fresh stress tests will reveal about the health of the domestic bank sector at the end of this month, Justice Minister Alan Shatter said on Sunday.
The earthquake disaster in Japan looks set to dominate a Group of Eight foreign ministers meeting this week in Paris as members discuss ways to coordinate help for the only Asian country in the group.
Saudi Arabia's Kingdom Holding <4280.SE> and Bahrain Telecommunications , whose bids to buy Zain's Saudi operations were rejected last month, teamed up on Sunday to make a joint bid for the assets.
Japanese shares look set to tumble this week while government bonds and the yen are expected to gain, although market players are still trying to gauge the impact of the country's worst earthquake in modern history.
Recently, a survey conducted by Forensic Psychology found that 31 percent of people lie on their resume. Research culled by Jobacle suggests that the number may be as high as 43 percent.
Saudi billionaire Prince Alwaleed bin Talal is considering buying a controlling stake in Kuwaiti telecom firm Zain at a price of 1.7 dinars ($6.12) per share, a newspaper reported on Sunday.
China Everbright Bank <601818.SS> has mandated 10 banks for its planned about $6 billion Hong Kong listing, IFR reported late on Saturday.
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
Deutsche Boerse will avoid forced layoffs in its planned merger with NYSE Euronext , and employees will choose the merged exchange operator's name, Deutsche Boerse chief executive Reto Francioni has said.
The unprecedented nature of Friday's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses especially challenging, senior executives at two top catastrophe modeling firms said on Saturday.
