Securities regulators have sent subpoenas to hedge funds and other trading firms in a probe of possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.
Eric Linton
Sep 20, 2011
Standard and Poor's cut its unsolicited ratings on Italy by one notch, warning of a deteriorating growth outlook and damaging political uncertainty, in a move that took markets by surprise and added to pressure on the debt-stressed euro zone.
IBT Staff Reporter
Sep 20, 2011
A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest.
keep for now
Sep 19, 2011
Managed futures continue to produce opportunities as commodity price volatility persists. In a thinly-traded marketplace such as the Class III Milk Futures contract there is plenty of volatility and plenty of risk.
Sonny Kwon
Sep 19, 2011
Fidelity Investments added five low-cost equity index funds to its lineup on Monday, its latest move to catch the thrifty, back-to-basics mood of investors.
IBT Staff Reporter
Sep 19, 2011
With the U.S. stock market tanking in late 2011 due to a myriad of issues, mainly the stagnant U.S. economy and Europe's sovereign debt, many investors have sold out and ducked for cover.
Hao Li
Sep 19, 2011
Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
Jack Kim
Sep 19, 2011
Gold prices fell Monday as investors looking to diversify their safe-haven investments moved heavily into the U.S. dollar and out of precious metals.
Mike Obel
Sep 19, 2011
Republicans are saying President Barack Obama's unveiling of a $3 trillion long-term deficit reduction plan -- dubbed the Buffett Rule -- that relies upon raising taxes on the wealthiest Americans is political posturing and window dressing.
David Magee
Sep 19, 2011
President Hugo Chavez's government formalized the nationalization of Venezuela's gold industry on Monday with a decree that prohibits exports of the metal and gives the state 55 percent of joint ventures.
Mike Obel
Sep 19, 2011
Billionaire investor George Soros is continuing to overhaul the management team of his Soros Fund Management LLC, which is converting from a hedge fund to a family office.
IBT Staff Reporter
Sep 19, 2011
U.S. stocks fell sharply on Monday as renewed fears of a Greek debt default prompted investors to book some of last week's gains and turn toward the safety of U.S. government debt.
IBT Staff Reporter
Sep 19, 2011
French engineering company Schneider Electric SA (SCHN.PA) has delayed the roughly $1.4 billion auction of its sensors business because of turbulence in financing markets, people familiar with the matter said.
keep for now
Sep 19, 2011
In the second quarter of 2011, the bank lost an astounding $8.8-billion, partially due to the burden of its enormous mortgage/legal liabilities.
Palash Ghosh
Sep 19, 2011
Wall Street stock indexes were set to drop more than 1 percent at the open on Monday as renewed fears of a Greek debt default prompted investors to book some of last week's gains and turn to safer assets such as gold.
IBT Staff Reporter
Sep 19, 2011
Blair was flown to Tripoli on Gaddafi’s private jets at the Colonel’s expense.
Palash Ghosh
Sep 19, 2011
India and China drove the second-quarter's robust demand for gold, the World Gold Council said in its analysis of industry trends during the three-month period.
Mike Obel
Sep 19, 2011
Gold prices rallied on Monday after European policy makers failed to soothe fears of Greek default and contagion to other euro zone countries, prompting investors to seek refuge in the precious metal.
Mike Obel
Sep 19, 2011
The London Bullion Market Association is working out ways for refiners on its Good Delivery List to avoid falling foul of new regulations against conflict gold as a number one priority, LBMA chairman David Gornall told Reuters on Sunday.
Mike Obel
Sep 19, 2011
Foreign investors in mineral-rich Mongolia hope parliament will revoke a controversial law banning mining in the country's river and forest areas when it convenes for its busy autumn session next month.
Mike Obel
Sep 19, 2011
Swiss bank UBS has kicked off an internal investigation into the catastrophic failure of its risk systems after raising the amount it lost on rogue equity trades to $2.3 billion.
IBT Staff Reporter
Sep 19, 2011
China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.
IBT Staff Reporter
Sep 18, 2011
