Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.» Read More
European shares were set to fall on Monday as concerns grew the Egyptian anti-government protests could spark instability elsewhere in the Middle East.
Asian stocks slid on Monday following Friday's sharp drop on Wall Street as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
Leading hedge fund managers have hit back at calls for tougher regulation of their industry made by Gary Cohn, Goldman Sachs president, in Davos. The Financial Times reports.
The US needs to change the way it is spending money if it wants to ensure a sustainable recovery, Joseph Stiglitz, economy professor at Columbia and a Nobel prize laureate, told CNBC Friday from Davos.
Bank of America does not need to raise fresh capital to comply with the new regulations shaping the financial world and the quality of its credit portfolios is getting better, CEO Brian Moynihan told CNBC.
Asian stocks were lower on Friday, as caution pervaded following warnings by the IMF and ratings agencies on United States and Japan.
Royal Dutch Shell is seeking to grow organically and sees demand for oil and gas rising over the next years, CEO Peter Voser told CNBC Friday in an interview from Davos.
European stocks were indicated to open flat to slightly higher, ahead of gross domestic product data from the US which would show how solid is the recovery of the world's biggest economy.
"These costs are serious and they are growing," said Robert Kurtter, managing director of the state and local government finance group at Moody’s, according to the Financial Times.
Asian stocks rose Thursday after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery.
Stock markets in the developed world have risen too much, Robert Shiller, economics professor at Yale, told CNBC Thursday.
European shares were set to edge up on Thursday, tracking gains on Wall Street and in Asian markets after the Fed's meeting.
Stephen Schwarzman, founder and CEO of the Blackstone Group, called the State-of-the-Union speech part of a welcome move to the center following the midterm elections.
Business responses to President Obama’s State of the Union address reflected praise for his rhetorical commitment to “winning the future” and his support for innovation, education and infrastructure, while raising concerns about the details of his policy proposals, reports the Financial Times.
Asian stocks traded mixed on Wednesday after a flat finish on Wall Street.
European shares were set to rise on Wednesday, after US President Barack Obama stressed a need to lower corporate tax rates.
The pullback in Indian stock markets in recent weeks have sparked debate whether the market is headed for a long-term correction. Not yet, it seems, according to the charts.
Asian stocks climbed on Tuesday after a strong session on Wall Street which saw the Dow Jones Industrials finishing 20 points shy of 12,000.
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.