MARKETS / FINANCE

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BofA names outsider Charles Noski as CFO

Bank of America Corp named outsider Charles Noski its next chief financial officer, filling a key position that has been vacant for months, the largest U.S. bank by assets said on Wednesday.

Consumer prices rise 0.1 percent in March

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U.S. consumer prices rose 0.1 percent in March, a government report showed on Wednesday, matching economists' expectations for a tame reading and giving the Federal Reserve leeway to maintain ultra-low interest rates.
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Retail sales surge in March

Sales at U.S. retailers rose more strongly than expected in March as consumer stepped up purchases of vehicles and wide range of goods, government data showed on Wednesday, suggesting a broadening of the manufacturing-led economic recovery.
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S&P hits 1,200 on upbeat earnings, data

U.S. stocks rose at the open on Wednesday boosted by stronger-than-expected results from JPMorgan Chase and Intel, and after retail sales data provided fresh evidence of an economic recovery.
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Intel, JP Morgan results lift stock futures

U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and forecast revenue above estimates.
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Wall Street-backed Chinese dairy firm collapses

Chinese dairy products maker Taizinai, which counts Goldman Sachs and Morgan Stanley among its investors and Citigroup among its lenders, has collapsed, leaving around 3 billion yuan ($440 million) in unpaid debt, sources familiar with the matter said on Wednesday.
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Wall Street futures signal gains on upbeat Intel results

Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
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Wall St futures signal gains on upbeat Intel results

Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
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EUR/USD yesterday with a little break ???

Good morning dear traders, do you also feel the spring fever at the moment. I think everybody is feeling this way with this weather. But even the financial markets are susceptible to that. At least this seems to me when I watch the EUR/USD chart. Did the crosspair run out of steam?
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Asian stocks in Intel-led rally, MAS lifts FX

Asian stocks rode the rally in the technology sector triggered by bellwether Intel Corp's street-beating earnings and regional currencies rose after Singapore's aggressive monetary tightening triggered speculation it heralded a yuan revaluation.
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Intel inspires Asian stocks, MAS boosts fx

The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.
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Intel inspires Asian stocks rally, MAS boosts fx

The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.
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Tech propels Asian stocks after solid Intel show

Technology companies drove up stocks in Japan, South Korea and Taiwan on Wednesday after bellwether Intel Corp's street-beating earnings while aggressive monetary tightening in Singapore lifted regional currencies on speculation it heralded a yuan revaluation.
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Morgan Stanley fund may lose $5.4 billion: report

Morgan Stanley has told investors that its $8.8 billion real-estate fund may lose nearly two-thirds of its money due to bad investments, according to The Wall Street Journal, which reviewed fund documents.
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The Truth Behind The Recent Unrest in Kyrgyzstan

The following article is the first of three examining the recent unrest in Kyrgyzstan and its implications. Part 2 tomorrow will deal with the regional fallout from the Tulip Revolution V2.0 and Part 3 will examine in detail Washington's highest priority in Kyrgyzstan - its ongoing access to the Manas Transit Center airbase. The extraordinary events of last week in Kyrgyzstan, which saw the overthrow of President Kurmanbek Bakiyev's administration by a popular uprising and its replacement by a...
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Fed officials see slow U.S. recovery, slack economy

U.S. Federal Reserve officials said on Tuesday the economy is operating well below full capacity and full recovery is a way off, in comments suggesting no urgency to begin tightening financial conditions.
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Shinsei set to post $1 billion loss: sources

Japan's Shinsei Bank , one-third owned by buyout firm JC Flowers, is likely to post a net loss of about 100 billion yen ($1.1 billion) for the year ended in March and its president plans to resign, sources familiar with the matter said on Wednesday.
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Fed's Bernanke stresses need for financial literacy

Federal Reserve Chairman Ben Bernanke said on Tuesday that it was more important than ever for people to become financially knowledgeable so they can make sound decisions after the losses of recent years.
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Twitter chases first revenue with ad service

Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.
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List of possible Palm suitors grows, led by Asians

Palm Inc, may be scooped up by an Asian company with enough cash and manufacturing muscle to turn around the struggling smartphone maker, but analysts warn a deal could prove too rich for any buyer at current prices.
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Web browser that bypasses big brother a Kazakh hit

A browser that bypasses censors has become the most popular way to access the Internet in Kazakhstan, a Central Asian state where sites critical of the government are often blocked, a Web statistics firm said.

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