Thousands of people protested outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Saturday in solidarity with the Occupy Wall Street movement.
Finance ministers and central bankers from the world's top economies are set to back mandatory capital surcharges on big lenders of as much as 2.5 percent to be phased in beginning in 2016.
Russian gold and silver miner Polymetal has secured a $100 million investment from Moscow investment bank VTB Capital as part of its planned listing on the London Stock Exchange, the company's deal prospectus showed on Friday.
Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.
Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and may need to raise some 100 billion euros ($137 billion), banking and regulatory sources said on Tuesday.
Gold prices surged Monday and the dollar plunged as investors piled into stocks in the hope that Europe's sovereign debt crisis may finally be ending and the continent's financial system is beginning to stabilize.
Employment likely grew only modestly in September, with hiring too weak to pull down a lofty jobless rate and dispel recession fears.
U.S. employment likely grew only modestly in September, with hiring too weak to pull down a lofty jobless rate and dispel recession fears.
Gold fell more than 1 percent on Wednesday, extending the previous day's hefty losses, as rising equities diverted some interest from the precious metal, and as investors remained wary of buying into the market after its recent sharp volatility.
Apple Inc.'s Let's talk iPhone event on Tuesday wound up as a Let's Keep Guessing About iPhone 5 event, with Tim Cook showcasing just an improved version of the iPhone 4, dubbed the iPhone 4S, rather than the much talked-about new phone with a revolutionary design and a larger display.
“Europe was, of course, not particularly successful in the last few months.”
The top pre-market NASDAQ Stock Market gainers are: SunPower, SodaStream International, Yahoo, Netflix, and LM Ericsson Telephone. The top pre-market NASDAQ Stock Market losers are: Human Genome Sciences, Savient Pharmaceuticals, ATP Oil & Gas, Century Aluminum, and JDS Uniphase.
Apple Inc. fans has been waiting and expecting the company to showcase the most anticipated smartphone iPhone 5 on Tuesday. The Apple's Let's Talk iPhone event is just hours away.
Apple is set to unveil a new iPhone, presumably called the iPhone 5, within hours at its Cupertino headquarters in California.
Factory activity expanded at a faster pace than expected in September as production and hiring increased, suggesting that manufacturing should help keep the economy out of recession.
Factory activity expanded at a faster pace than expected in September as production and hiring increased, suggesting that manufacturing should help keep the economy out of recession.
European stocks are dropping on reports that the Greek government will not achieve the deficit targets it needs to receive the next tranche of the bailout from the European Union (EU) and International Monetary Fund (IMF).
Greece's admission that it will miss its deficit targets this year and next despite harsh new austerity measures sent stock markets reeling on Monday and raised new doubts over a planned second international bailout.
By now, news of Apple's invitation to a specifically iPhone-related event, on Tuesday at its Cupertino campus in California is old news. However, it is still unclear whether this event will see the release of the highly-anticipated iPhone5.
Russian precious metals miner Polymetal is seeking a premium listing on the London Stock Exchange, raising about $500 million in a move it hopes will catapult it into the FTSE 100 bluechip index and hand it currency for acquisitions.
Cases of iPhone 5 have reportedly appeared in AT&T’s inventory list which is adding more hopes that the next generation Apple smartphone can be a more radically revamped iPhone 5 instead of the minor iPhone 4S upgrade.
New Zealand suffered its second ratings downgrade within hours on Friday as Standard & Poor's cut the country's rating by one notch because of its growing foreign debt, after rival Fitch Ratings' had taken similar action.