Stock index futures rose on Monday after China held off on raising interest rates over the weekend despite high inflation pressure.
Stock index futures were higher on Monday after China decided to leave interest rates unchanged.
Euro zone countries must consolidate public finances even though this is likely to dampen economic growth in the near term, the Organization for Economic Cooperation and Development said on Monday.
Bank of America Corp has put up for sale at least $1 billion worth of toxic mortgage assets, the New York Post said on Monday, citing sources.
Stock index futures pointed to mixed open on Wall Street on Monday, with futures for the S&P 500 down 0.05 percent, Dow Jones futures up 0.03 percent and Nasdaq 100 futures down 0.06 percent at 0853 GMT.
Selling pressure on 10-year U.S. Treasuries drove yields to fresh six-month highs on Monday as investors threatened to undo this year's bond rally on signs of global economic recovery and deeper U.S. deficits.
Asian stocks chalked up modest gains on Monday, buoyed by upbeat U.S. data, while Chinese shares rose nearly 3 percent as investors reacted with relief that Beijing's policy moves to cool inflation did not include an interest rate rise.
What the Federal Reserve giveth, Obama taketh away.
Billed as polish without pretense, the latest, and likely the last for at least the next decade, new casino-resort will open this week on a Las Vegas Strip still grappling with a weak economy.
Asian stocks chalked up modest gains on Monday, while the benchmark U.S. Treasury yield hit a six-month high in response to upbeat U.S. data, helping shore up the dollar.
Asian stocks rose on Monday as investors took in their stride China's latest attempt to cool inflation and fresh vows to tackle price pressure, while upbeat U.S. economic data helped
General Electric could unveil a 755 million pound-plus ($1.2 billion) takeover of British oilfield services company Wellstream Holdings as early as Monday, the Financial Times said on Sunday.
Wal-Mart Stores Inc is in advanced talks with New York's construction unions to get their backing for its entry into New York City's retail market, The Wall Street Journal reported on Sunday.
Expectations of low U.S. interest rates and one-way bets against the dollar saw it emerge as the new funding currency of choice for FX carry trades, the Bank for International Settlements said in its quarterly review.
Germany and France agreeing to make investors participate in losses in sovereign default was an important factor in the intensification of the euro zone sovereign debt crisis, a Bank for International Settlements report said on Sunday.
Dubai's ruler appointed a new board for Dubai World , the flagship conglomerate which struck a deal to restructure $25 billion in debt earlier, appointing his uncle and key adviser as chairman on Sunday.
Austrian banker Sonja Kohn, accused in a U.S. lawsuit of being Bernard Madoff's criminal soul mate, was instead a victim of the man behind the biggest fraud in financial history, her lawyer in Vienna said.
Germany is open to a discussion over whether countries that share the euro currency should harmonize their fiscal policy, German Finance Minister Wolfgang Schaeuble said.
China has stubbornly refused to cede to U.S demands to let the yuan rise against the dollar. The question is, among the US and China who will gain and who will lose if China ever agreed to appreciate its currency?
Leading OPEC producer Saudi Arabia said on Saturday it still favored a $70-$80 price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer nations worried that rising oil prices may get out of control and hamper global economic recovery.
Cyber activists attacking organizations seen as foes of WikiLeaks briefly blocked a Dutch prosecution website on Friday after a 16-year-old suspected of involvement in the campaign was arrested in the Netherlands.
Governments, not the European Central Bank, have to solve the sovereign debt crisis, one of the bank's top policymakers Juergen Stark was quoted as saying on Saturday.
President Barack Obama will host a summit of corporate chief executives on Wednesday as his administration steps up efforts to mend relations with big business and win their support for his economic policies.
OPEC agreed to maintain current oil production levels at its meeting on Saturday while Saudi Arabia reiterated that $70-$80 a barrel was its favored price for crude.
The trustee seeking to recoup money from Bernard Madoff's Ponzi scheme is suing hundreds of individuals, banks and funds around the world that he asserts benefited improperly from the epic fraud.
A unit of Goldman Sachs Group Inc
has won the auction for UK-based Paternoster , the specialist pensions business, for an undisclosed sum.European Union leaders will agree next week to insert two sentences into the EU treaty to pave the way for the creation of the European Stability Mechanism from 2013, draft conclusions of the summit showed.
Saudi Arabia said on Saturday that it still favored a $70-$80 range for oil, a restatement of a two-year-old policy that will relieve consumer nations worried that Riyadh might let oil prices get out of control and slow global economic recovery.
Europe's single currency is here to stay and those who bet against its survival are making a mistake, German Finance Minister Wolfgang Schaeuble said.
The December rally may be reaching its climax, with just two weeks to go before Santa Claus makes his midnight run. Dwindling volume, excess optimism, and history all point to a stock market that could be running out of steam.
