US Stock Futures Point To Lower Open Ahead Of Existing Home Sales Data, FOMC Minutes
Investors are awaiting the July Fed minutes, and will look for clues regarding Asian economic strength.
Chinese Media Investor Plans To Create $500M Private Equity Fund For China-Focused New Media Investments
Bruno Wu's new $500 million PE fund will invest in fast-growing new media companies.
Fresh Leakage Of Water With Dangerously High Levels Of Radiation Detected At Japan’s Fukushima Nuclear Plant
Radiation from the water could make a person seriously sick within hours.
US Stock Futures Point To Lower Open As Investors Tread Cautiously Ahead Of FOMC Minutes Release On Wednesday
The wait for the release of the FOMC meeting minutes could keep U.S. stocks rangebound.
Indian Rupee Hits Fresh Record Low Against Dollar, RBI's Liquidity Control Measures, Uncertainty About US Fed's QE Blamed
The rupee, on Tuesday, hit a fresh record low, worsening the sell-off in local stock markets, and laying bare the economy's weak spots.
Indian Rupee Hits New Record Low Against Dollar, BSE Sensex Losses Over 1.5 Percent
The plunging Indian rupee hit a fresh low, dragging down the country's stock markets while benchmark bond yields hit multi-year highs.
US Stock Futures Signal Mixed Open As Investors Await Release Of FOMC Minutes Wednesday
Investors have taken a cautious stance ahead of the release of the Fed minutes on Wednesday.
EU Asks WTO To Rule On Chinese Anti-Dumping Duties On Steel Tube Imports From Europe
The EU asked the WTO to rule in a dispute over anti-dumping duties imposed by China on imports of steel tubes from Europe.
NY Mayor Bloomberg Proposes Fingerprinting Public Housing Residents To Reduce Crimes; Idea Triggers Outrage
New York Mayor Michael Bloomberg suggests fingerprinting the residents of public housing buildings to make the buildings safer.
Gold Consumer Demand Rose By 53% In Q2, Despite Fall In Demand In Western Countries, Pointing To Geographical Shift In Investment
Future demand for gold will be dominated by eastern markets and big importers like India and China, according to the World Gold Council.
US Stock Futures Point To Higher Open Ahead Of Housing Starts Data, Consumer Sentiment Report, Nonfarm Productivity Report
Stocks could recover from Thursday's fall ahead of housing starts data, a consumer sentiment report and the nonfarm productivity report.
Recession In Euro Zone Ends; UK Reports Upbeat Claimant Count Change While BoE Minutes Dissapoint Markets
A months-long recession has ended, with GDP performance boosted by above-consensus U.K. employment data.
US Stock Futures Point To Lower Open Ahead Of PPI, Despite Upbeat EU GDP Data
The Wednesday sentiment belied flash euro zone GDP data showing it has emerged from a recession.
Utah Rockport 5 WildFire Destroys At Least 12 Houses, 15 Other Structures; Hundreds Evacuated
A quick-moving blaze 45 miles east of Salt Lake City is being battled by hundreds of firefighters assisted by air and ground crew.
ZEW Economic Sentiment Index For Germany, EU Beats Expectations; Inflation Data In Line With Expectation
Upbeat economic data from the euro zone and the U.K. strengthen hopes of a recovery in the region's economies.
US Stock Futures Point To Higher Open Ahead Of Retail Sales Data, Import Price Index, Corporate Earnings
Investors will sift through economic data and chatter that the Fed's stimulus tapering may be accelerated.
Steinway Musical Instruments Receives New Takeover Bid Worth $477M From Unidentified Firm
Steinway received a new and better-priced takeover offer for the company, after an earlier offer was approved by its board.
China's Gold Consumption Soars In H1, Set To Overtake India As World's Largest Gold Consumer
Falling prices spur demand in China, which is set to soon overtake India as the world's top consumer of gold.
US Stock Futures Point To Lower Open Ahead Of Federal Budget Report, Corporate Earnings; Asian Markets Up On China Stimulus Reports
U.S. stocks set to open lower on Monday while most Asian markets soared on media reports of stimulus measures launched in China.
Rockwell Collins to Buy ARINC From Carlyle Group For $1.39B
Rockwell Collins will acquire ARINC from the Carlyle Group, calling the company a "natural fit" to its business.
Biocon Launches Psoriasis Drug In India; To File IND Application With US FDA This Fiscal
India's Biocon has launched a “pathbreaking” treatment for psoriasis and will seek to market it globally.
US Stock Futures Point To Mixed Open Ahead Of Wholesale Inventories, And Following Strong Economic Data From China
Investors are weighing a jobless claims downtrend against the possibility of a Fed stimulus tapering this year.
Violence In Pakistan's Quetta Continues; 9 Killed, 27 Wounded As Gunmen Fire At Devotees Coming Out Of Mosque After Eid Prayers
At least nine people were killed after gunmen opened fire outside a mosque on Friday, which marked the end of Ramadan.
US Orders Staff To Evacuate From Lahore Consulate Citing Specific Terror Threats To Mission; Issues Fresh Travel Alert Against Travelling To Pakistan
The U.S. ordered its non-emergency staff to leave the Lahore consulate and warned American citizens against travelling to Pakistan.
China's Inflation Muted In July, Makes Way For Stimulus, Rate Cut Hopes
Lower-than-expected numbers could pave the way for a rate cut and potential measures to jumpstart a slowing economy.
Explosion At Afghanistan Graveyard Kills At Least 7 Women And 7 Children
Local authorities said that an improvised explosive device planted near the graves caused the explosion in the Ghani Khel district of Nangarhar province.
US Stock Futures Point To Higher Open Ahead Of Jobless Claims, Corporate Earnings, Upbeat China Trade Data
Investors will analyze economic data and the latest Fed board member comments on its stimulus.
AOL Acquires Adap.tv For $405M In Cash And Stock Deal
AOL makes biggest acquisition since buying Huffington Post in 2011.
China Exports, Imports For July Rose Sharply Beating Expectations; Trade Surplus Narrows Significantly More Than Forecast
China's exports and imports beat expectations to rise sharply, while its trade surplus narrowed more than forecast, in July.
US Stock Futures Point To Lower Open Ahead Of Corporate Earnings, Fresh Concerns Over US Fed Policy
Futures point to weak markets as comments by a U.S. Federal Reserve official hint at a quicker end to easy monetary policy than feared.