INVESTMENT

Stocks rose on Monday, ending a four-day losing streak as data showed the services sector expanded for the first time since August 2008 and optimism about upcoming earnings took hold.

A guilty plea in a tax case related to the ongoing criminal investigation of U.S. clients of UBS AG is expected later on Monday, a government official told Reuters.

Stocks snapped a four-day losing streak on Monday, after a broker issued a bullish call on big banks and as data showed the services sector expanded for the first time since August 2008.

Stocks rose on Monday as data showed the services sector expanded after about a year of contraction and on positive broker comments on big bank stocks.

Wealth managers around the world have learnt the hard way that they need to become more transparent but this will push up costs, prompting further consolidation in the crisis-hit sector.

Goldman Politics; Impressions Off the Mark; New Buyer for Volvo?

China Real Estate Information Corp, a provider of real estate information and consulting services, is planning to raise up to $248 million in a U.S.-listed initial public offering set for Oct 16.

Goldman Sachs Group Inc, legendary for its clout in Washington, has inexplicably halted its political fund-raising machine.

Stocks were headed for an opening bounce on Monday, with investors scooping up shares beaten down in last week's selloff, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.

Julius Baer Group AG expects an outcome soon on the sale of ING Group NV's Swiss private banking assets and is hopeful the terms of the sale are in its favor, Baer's chief executive said on Monday.

Stock index futures rose on Monday, with investors poised to scoop up shares beaten down in last week's sell-off, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.

Goldman Sachs Group Inc (GS.N) and Vanguard Group Inc are among U.S. companies opposed to rules proposed by U.S. regulators to limit short selling, according to letters filed by the companies.

Japanese government bonds dipped on Monday and 10-year futures pulled back from a six-month high as market players sold to hedge and make room for a 2.1 trillion yen ($23 billion) 10-year auction the next day.

Hong Kong stocks erased earlier losses to close up 0.26 percent on Monday, as investors hunted for bargains after shares fell to three-week lows, but concerns about the state of the U.S. economy capped gains.

U.S. stock index futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average DJc1, the S&P 500 SPc1 and the Nasdaq Composite NDc1 were up 0.5-0.6 percent at 0822 GMT.

Corrects headline and story text to make clear Geithner was speaking in general about banks' warnings on capital rules, not specifically about comments by Deutsche Bank CEO

The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks' so-called toxic assets.

South Korea's No.4 banking group Hana Financial, whose two biggest shareholders are Singapore wealth fund Temasek and Goldman Sachs, said it may raise capital via a new share sale, fuelling talk of financial sector consolidation and knocking Hana's shares down almost 15 percent.

The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks' so-called toxic assets.

Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.

Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.