Ireland’s cost of borrowing hit a record-low on Tuesday, as investors mulled whether bonds from weaker euro zone countries were overpriced.» Read More
SYDNEY, Aug 22- London copper held steady on Friday but was eyeing its biggest weekly gain since early July on brightening prospects over global growth, but caution over China's stuttering property markets kept traders cautious and capped gains.
TOKYO, Aug 22- Asian shares rose in early trading on Friday, after upbeat U.S. data sparked another record close on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trading, on track for a weekly gain of 0.4 percent.
NEW YORK/ LONDON, Aug 21- The International Swaps and Derivatives Association has set an action date of September 3 to settle Argentina's credit default swaps after including two controversial yen-denominated bonds in the list of deliverable securities.
Bank of America settlement likely to benefit few. WASHINGTON— Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds— $7 billion of it geared for consumer relief— offers a glint of hope for desperate homeowners. NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs.
BERLIN, Aug 22- The German economy's surprise second-quarter contraction was probably due to Russian sanctions and confidence being eroded by the Ukraine crisis as well as the comparison with a bumper first quarter, the finance ministry said on Friday.
Goldman Sachs was one of the first to spot the potential in China for preferred shares, a form of hybrid security which listed companies can sell to raise capital with minimal dilution in the value of shares held by existing stakeholders.
NEW YORK, Aug 21- The dollar surrendered some recent gains on Thursday as central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Federal Reserve Chair Janet Yellen.
NEW YORK, Aug 21- U.S. The highlight of the meeting, starting later Thursday and sponsored by the Kansas City Federal Reserve, is the speech on Friday by Fed Chair Janet Yellen at 10 a.m. EDT, where she is expected talk about labor markets.
SAO PAULO/ BRASILIA, Aug 21- When Brazil's notoriously private President Dilma Rousseff showed up in her kitchen cooking pasta in a campaign TV ad this week, it was one of the clearest signs yet that the country's October election is up for grabs.
NEW YORK/ LONDON, Aug 21- Gold slid 1.4 percent to its lowest in two months on Thursday, extending losses to a fifth session, as fears about an early interest rate hike by the U.S.
NEW YORK/ LONDON, Aug 21- The International Swaps and Derivatives Association will include two yen- denominated bonds in the list of securities used to settle Argentina's credit default swaps, a move that will likely reduce the payout for protection holders.
LONDON, Aug 21- Copper steadied on Thursday after U.S. data signaled a strengthening economy, but sluggish growth elsewhere in the world kept the metal under pressure.
BERLIN— SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify. "This is something we've been wanting to get to ever since we started the company," SoundCloud founder Alexander Ljung told The Associated Press.
Aug 21- When is the best time to book a trip to Walt Disney World? During a Twitter discussion on Aug. 19 hosted by Reuters, a panel of experts fielded questions about travel. The panel comprised Brian Kelly, who runs ThePointsGuy.com; Tim Winship, editor and publisher of FrequentFlier.com, and Jason Cochran, editor of Frommers.com.
an shares ended the day in the green despite some disappointing data from the euro zone, as investors focused on central bank monetary policy.
NEW YORK, Aug 21- U.S. crude rose and Brent futures pared losses on Thursday, lifted by supportive economic data from the United States after a plentiful supply picture and Chinese economic data had earlier pressured prices.
NEW YORK, Aug 21- Global equity markets edged higher on Thursday, with the S&P 500 hitting an all-time high, as U.S. and German data drove confidence on economic growth and helped extend a stock rally.
*Business activity growth slows in China and Europe. LONDON/ BEIJING/ NEW YORK, Aug 21- Business growth in China and across Europe slowed this month, surveys showed on Thursday, but U.S. activity picked up speed, leaving a mixed picture of global economic growth.
NEW YORK, Aug 21- The dollar held onto healthy recent gains to trade little changed on Thursday as central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Federal Reserve Chair Janet Yellen. The euro, which traded in early May a hair under $1.40, was last up 0.20 percent to $1.3283.
French exports exceed those of Britain and Lithuania on the world market, but a wet summer has meant France is set to produce more wheat for animal feed and less higher grade bread-making grain this year.