Jeffrey Halley, Senior Manager FX Trading of Saxo Capital Markets, says chances of a "Grexit are pretty high now" and explains what that means for the euro.» Read More
TOKYO, Oct 29- Japan's Nikkei share average seen weakening slightly on Monday after gaining 6 percent since Oct. 12 on growing expectations that the Bank of Japan will take substantial easing steps when it meets on Tuesday.
LONDON, Oct 28- British Airways cancelled all flights to New York on Sunday and will suspend most services to and from the U.S. East Coast on Monday as the United States braces for the arrival of Hurricane Sandy. The freak storm, due to come ashore in the United States late on Monday, is forecast to bring thrashing winds, flash flooding and even heavy snowfall.
Take Taiwan's E Ink Holdings Inc, which makes most of the monochrome displays for devices such as Amazon.com Inc's Kindle and Barnes& Noble Inc's Nook. ``The bottom fell out of the market,'' says E Ink Chief Marketing Officer Sriram Peruvemba.
SEOUL, Oct 29- The first payouts from South Korea's state pension fund only started in 2008, but faced with the fastest ageing population among developed nations and one of the lowest birthrates, the country needs to deal with a looming funding crunch.
BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.
*Bank of Japan poised to ease as economy takes a hit. LONDON, Oct 28- The last employment report before the U.S. presidential election is likely to have something for everyone- for those bullish and bearish on the economy and for Barack Obama and Mitt Romney.
*Debt-limit hike could be too much for lame-duck Congress. WASHINGTON, Oct 28- A U.S. debt-ceiling increase could be headed for a Wall Street- rattling s howdown in 2013 if Congress, as expected, shuns a quick and easy fix at the end of this year in favor of another round of last-minute brinkmanship.
ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.
LONDON, Oct 28- A global race for grain trading power is putting more of the world's vital cereals in the hands of fewer companies, with a string of recent acquisitions raising fears that consumers will pay even more for their food, while farmers are squeezed.
BERLIN, Oct 28- With the U.S. presidential election too close to call, hundreds of thousands of Americans living in Europe have been posting their absentee ballots with a sense that they could truly make a difference on Nov. 6.
*BP, Justice Department seek to settle civil, criminal charges.
LONDON, Oct 26- Lakhdar Brahimi's holiday truce may have saved Syrian lives on Friday, as government troops and rebels drew breath on several fronts- though dozens still shed blood on Eid al-Adha, the Muslim Feast of Sacrifice.
Arabica coffee led the losses with a fall of 2 percent in New York, hit by a combination of weak demand, a huge, looming Brazilian crop and technical selling.
LONDON-- Former media mogul Conrad Black has appeared on a British satirical show, defying the program's mockery of his convictions in the U.S. and claiming innocence. Satirists on the show "Have I Got News For You" made constant jokes at the expense of Black, who used to control papers including the Chicago Sun-Times and Britain's Daily Telegraph.
LONDON, Oct 26- Former UBS trader Kweku Adoboli wept on Friday as he told a jury that his ``off-book'' trading was done for the benefit of the bank that meant everything to him.
*Announcements made two weeks before Communist Party congress. BEIJING, Oct 26- China moved quickly on Friday to announce it had formally begun a criminal probe into disgraced former senior politician Bo Xilai, hours after expelling him from the largely rubber stamp parliament and so removing his immunity from prosecution.
*Hurricane Sandy threatens U.S. after slamming Cuba. NEW YORK, Oct 26- Brent oil pushed higher on Friday in choppy trading, recovering from an early decline as supportive U.S. economic data coupled with North Sea and Nigerian production problems yielded some relief from concerns about Spain and tepid global demand.
NEW YORK, Oct 26- Gold rebounded on Friday after data showed U.S. economic growth picked up in the third quarter, but the metal was heading for its first three-week losing streak in over a year on uncertainty over the future of the U.S.
SANTA ANA, Calif.-- A Stern Agee analyst reaffirmed his "Buy" rating on Ingram Micro on Friday, a day after the technology products company reported that its net income more than doubled in the third quarter as sales increased in North America, Latin America and the Asia Pacific region.
NEW YORK-- The price of oil rose slightly Friday as data showed the U.S. economy is muddling along while the East Coast prepares for a potentially damaging storm. On the New York Mercantile Exchange:. Benchmark crude rose 23 cents to finish at $86.28 per barrel.