Eric Linton

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Asian Shares Flat As Investors Await Bernanke Testimony

Asian shares paused Tuesday as investors awaited Federal Reserve Chairman Ben Bernanke's view on the U.S. economy later in the day, after weak U.S. retail sales and a lower International Monetary Fund global growth forecast raised hopes of more stimulus from the Fed.

Moody's Downgrades 13 Italian Banks

Moody's Investors Service is downgrading the credit ratings for 13 Italian banks three days after cutting the Italian government's bond rating.

Jesse Jackson Jr. In Treatment For 'Mood Disorder,' Office Says

Rep. Jesse Jackson Jr., D-Ill., whose mysterious monthlong leave of absence has perplexed Chicago and Capitol Hill, is at a residential treatment facility for a mood disorder, his doctor said in a statement released by the congressman's office Wednesday evening.

Asian Shares Flat After Release Of Fed Minutes

Asian shares barely budged Thursday as the U.S. Federal Reserve appeared to put off taking more aggressive stimulus steps until economic conditions worsen, offering investors few reasons to take risks with second-quarter earnings painting a globally gloomy picture.

Iran Announces Missile Tests, Threatens Israel

Iran announced missile tests Sunday and threatened to wipe Israel off the face of the earth if the Jewish state attacked it, brandishing some of its starkest threats on the day Europe began enforcing an oil embargo and harsh new sanctions

US Refuses Issa Request To Observe Asia Trade Talks

U.S. trade officials on Thursday told a Republican lawmaker at the center of a legal fight with the Obama administration he cannot sit in on trade talks next week in San Diego between the United States and other countries in the Asia-Pacific region.

House Vote On Holder Contempt Expected Thursday

The House will decide Thursday whether to hold Attorney General Eric Holder in contempt for refusing to turn over all documents demanded by lawmakers investigating a botched U.S.-Mexico gun running sting, a highly placed staff member said Monday night.

Asian Markets Decline On Bank Downgrades, Factory Data

Asian shares fell Friday and the safe-haven dollar hovered near its highest in a week-and-a-half after weak manufacturing data from the United States, Europe and China heightened fears over the outlook for global growth.

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