U.S. stock index futures pointed to a nearly 1 percent rise at the open on Monday after comments by a Fed official reassured investors the government is committed to helping the economy recover from a deep recession.
Indonesian coal miner PT Bumi Resources Tbk said on Monday it plans to raise $300 million from the sale of seven-year convertible bonds.
Japan Airlines Corp asked retirees and employees on Monday to accept an average 40 percent cut to their pension payouts and warned the struggling airline could face bankruptcy if an agreement could not be reached.
U.S. stock index futures rose about 1 percent on Monday, looking to snap a three-session losing streak as commodity and natural resource stocks gained on a falling U.S. dollar.
U.S. stock index futures rose about 1 percent on Monday, looking to snap a three-session losing streak as commodity and natural resource stocks gained on a falling U.S. dollar.
Gold hit a record high at $1,167.45 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum buying after the metal's sharp run higher earlier this month.
Several U.S. policy makers consider JPMorgan Chase & Co Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.
U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.8 to 1 percent.
Gold powered to another record high on Monday as the dollar sank, while higher commodity prices lifted world equities.
Chieftain Capital Management, an investment firm with about $3 billion in assets, is breaking up following a rift among its managers, the Wall Street Journal reported on its website on Sunday.
Challenges for Healthcare Reform; Internet Pay for Play;CEO Delay at BofA?
A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.
Sands China Ltd raised US$2.5 billion when it priced its Hong Kong initial public offering at the bottom of an indicated range, a source familiar with the deal said on Saturday.
U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc in an effort to outstrip a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.
Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all.
Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of losses.
Worst-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday in the third straight negative session for Wall Street.
Nomura Asset Management said on Friday it will suspend new subscriptions of a popular U.S. REIT investment trust fund as heavy inflows from retail investors boosted its size beyond the appropriate level to manage the fund.
Shares of Chinese discount hotel chain 7 Days Group Holdings Ltd jumped as much as 28.6 percent in their New York Stock Exchange debut on Friday.
