Can gold save Greece from the torrid fiscal mess?
Greek literature boasts three great writers of tragedy: Aeschylus, Sophocles, and Euripides in the olden days. But, now Greek tragedy has nothing to do with literature. It is all about money or rather Euro. In the ancient days, the largest festival for Greek tragedy was the Dionysia held for five days in March or April, for which prominent tragedians usually submitted three tragedies and one satyr play each. In 2010, Greek Tragedy is again performed in March-April with three major players like G...
JPMorgan investment bank powers profit rise
JPMorgan Chase & Co's first-quarter profit topped Wall Street expectations, as revenue from its investment bank transcended losses on consumer loans.
Legal threat, ambiguity cloud Greek aid deal
Investor doubts, a German legal threat and persistent confusion over the terms of aid perforated Greece's euro zone parachute Wednesday, pushing borrowing costs up.
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.
Retail sales surge, inflation pressures muted
Sales at U.S. retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted.
Wall Street set for higher open on earnings, sales data
BY Chuck MikolajczakWall Street was set for a higher open on Wednesday, boosted by solid results from Intel and JP Morgan Chase, while retail sales data provided fresh evidence of an economic recovery.
Subbing 'bad' carbs for 'bad' fats ups heart risk
NEW YORK (Reuters Health) - People who cut out saturated fatty acids while upping their intake of white bread, pasta and other refined carbohydrates that can cause blood sugar to spike aren't doing their heart any favors, new research from Denmark shows.
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.
Stock futures rise after Intel, JP Morgan results
U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and gave a forecast that topped estimates.
Treasury seeks to protect federal benefits: report
The Treasury department will release new rules on Wednesday that would prevent banks from seizing a borrower's social security to recover unpaid debt, the Wall Street Journal said.
What is the best way to take salt?
We all know that too much salt may increase the risk of high blood pressure, hypertension, stroke, heart failure and the list goes on. We maybe eating a healthy balanced diet right now, but chances are these foods may contain too much salt. So, what is the best way to take salt?
UK's Prudential names Devey to lead Asia integration
Britain's Prudential has appointed Rob Devey, currently head of UK and Europe, to lead the integration of its Asian operations and the Asian arm of rival AIG , after the sector's biggest acquisition.
Kids with learning problems labelled 'lazy'
Children labelled as lazy by teachers and parents may have numerous learning difficulties that could underlie their apparent lack of motivation, a study by Queensland University of Technology (QUT) educational psychologist Dr Linda Gilmore has found.
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.
Chilean journalist awarded World Press Freedom Prize 2010
The Chilean journalist, Mónica González Mujica, a heroine of the struggle against dictatorship in her country, has been named laureate of the 2010 UNESCO/Guillermo Cano World Press Freedom Prize.
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.
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.
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?
AIG unit raises $2 billion in aircraft sale to Macquarie
The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.
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.
Daimler keeps 2010 earnings, dividend outlook
German carmaker Daimler reaffirmed it would earn more than 2.3 billion euros ($3.14 billion) of operating profit this year, with all divisions returning to the black, allowing it to pay a dividend again.
Volvo fine if Renault sold stake: CEO
Volvo would have no trouble relying solely on its Swedish investors if Renault decided to sell its stake in the company, the automaker's chairman Louis Schweitzer told a Swedish newspaper on Wednesday.
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.
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.
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.
Intel's knock-out Q2 props up tech sector hopes
Intel Corp's sales and margin forecasts trounced Wall Street expectations, reinforcing hopes for an acceleration in the tech sector's recovery and boosting the chip maker's stock 4 percent.
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.
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...
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.
Intel's knock-out quarter props up tech sector hopes
Intel Corp's sales and margin forecasts trounced Wall Street expectations, reinforcing hopes for an acceleration in the tech sector's recovery and boosting the chip maker's stock 4 percent.
