The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.» Read More
Sept 9- Food distributor Performance Food Group Co filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of common stock. Credit Suisse and Barclays are the lead underwriters of the offering, the Richmond, Virginia- based company told the U. S Securities and Exchange Commission in a preliminary filing.
NEW YORK, Sept 9- Index provider Standard& Poor's and financial information services provider Markit Ltd have emerged as final bidders for Barclays Plc's index business, which could fetch more than $1 billion, according to people familiar with the matter.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
LONDON, Sept 8- With returns on government bonds at rock-bottom prices, sovereign wealth funds are muscling into stock markets and other higher-yielding assets like real estate at a rate that private investors warn could destabilise the world economy.
European shares closed lower on Monday, with the decline led by the U.K.'s FTSE 100 after weak trade data from China.
A' yes' vote could easily derail the UK economic recovery. In the long run, "little reason why an independent Scotland could not prosper: there is no evidence to suggest that smaller countries are richer or poorer, on average.
LONDON, Sept 8- Banks use of so-called allowances to soften a European Union cap on bonuses could face a "coordinated policy response", the EU's financial services chief Michel Barnier has warned, prompting bankers to argue politicians should steer clear of pay.
*Rakuten shares fall 4.2 pct on concerns about acquisition. *Follows string of overseas purchases for Rakuten.
LONDON, Sept 8- Sterling dived to its lowest in nearly 10 months against the dollar on Monday after an opinion poll for the first time showed Scotland was ready to vote to break up its three-century-old union with the rest of the United Kingdom.
SYDNEY/ SINGAPORE, Sept 8- Sterling weakened to its lowest in nearly 10 months on Monday amid worries about political uncertainty after an opinion poll showed supporters of Scottish independence from Britain taking the lead for the first time since the referendum campaign began.
SYDNEY, Sept 8- Sterling slumped to its lowest in nearly 10 months on Monday amid worries about political uncertainty after an opinion poll showed supporters of Scottish independence from Britain taking the lead for the first time since the referendum campaign began. It skidded nearly 1 percent to around $1.6165, reaching lows not seen since Nov. 26.
While data from China may give clarity on a pattern of uneven growth there, it is in Europe that the prospects for the economy are most uncertain, although a ceasefire in Ukraine could lift the mood and avoid new EU sanctions on Russia this week.
NEW YORK— Instead of lending to just the government or some faceless corporation, what if your bond mutual fund also helped to vaccinate kids around the world? Or helped finance a clean-water project or solar-energy farm?
Chinese e-commerce giant Alibaba on Friday filed to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.
Chinese e-commerce giant Alibaba plans to offer a so-called friends and family share program to its employees and others, The Wall Street Journal said.
The euro rose to session highs against the dollar after U.S. hiring in August fell far short of forecasts.
*New costs could encourage BP to reduce Russia exposure. LONDON, Sept 5- The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests, which already look at risk of being dragged into a political standoff between Moscow and the West.
SYDNEY/ SINGAPORE, Sept 5- The euro languished near a 14- month low versus the dollar on Friday, struggling to regain its footing after the European Central Bank delivered a fresh round of stimulus and promised even more if needed.
SYDNEY, Sept 5- The euro nursed hefty losses early on Friday, having suffered its biggest one-day fall in nearly three years against the greenback after the European Central Bank delivered a fresh round of stimulus and promised even more if needed.
The defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, Nomura Holdings Inc., Royal Bank of Scotland Group Plc, UBS AG and Wells Fargo& Co..