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  • They said their countries would cooperate on security and to fight terrorism and would back a "rules based" global order in which India assumes greater multilateral responsibility, including a reformed U.N. Security Council. "We have a vision that the United States and India will have a transformative relationship as trusted partners in the 21st century.

  • NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • Sick of huge fees? Here's some good news Friday, 26 Sep 2014 | 9:46 AM ET
    The offices of the California Public Employees' Retirement System (Calpers) are shown in Sacramento, Calif.

    A recent move by CalPERS was seen as a victory for critics of hedge funds' high fees and low transparency and liquidity.

  • 'Bond King' Bill Gross leaves Pimco, joins Janus Friday, 26 Sep 2014 | 9:05 AM ET

    Bill Gross, who co-founded the investment giant Pimco in 1971 and runs its $222 billion Total Return Fund, said he would join Janus Capital Group. "Many people invested in Pimco's Total Return know Bill Gross, and they want his expertise," said Todd Rosenbluth, director of fund research at S&P Capital IQ.

  • US stocks end rocky week with a surge; Nike gains Friday, 26 Sep 2014 | 5:16 AM ET

    NEW YORK— Good economic and corporate news helped the stock market stage a rebound at the end of a turbulent week of trading. Nike jumped after turning in higher profits, leading the Dow Jones industrial average higher.

  • U.S. companies offer more political spending detail -study Wednesday, 24 Sep 2014 | 12:01 AM ET

    BOSTON, Sept 24- Top U.S. companies are reporting more detail about their political contributions, according to a survey by the Center for Political Accountability, a trend that won praise from the group, which pushes for greater transparency.

  • Goldman Sachs is joining hot Wall Street bank trend Tuesday, 23 Sep 2014 | 6:28 AM ET
    Goldman Sachs signage on the floor of the New York Stock Exchange.

    Goldman Sachs has laid the groundwork to launch actively managed exchange-traded funds, the latest Wall Street bank to set its sights on the market.

  • Bond liquidity has all but dried up for corporate issues after new regulations and capital requirements forced Wall Street banks to slash their inventories of fixed-income products following the financial crisis.

  • NEW YORK, Sept 22- Goldman Sachs Group Inc has laid the groundwork to launch actively managed exchange-traded funds, becoming the latest Wall Street bank to set its sights on the fast-growing market.

  • Businesses and investors pressing for green policy Monday, 22 Sep 2014 | 4:46 PM ET

    NEW YORK— Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute.

  • Draghi gets a grilling, defends cheap loan program Monday, 22 Sep 2014 | 12:19 PM ET
    Mario Draghi, President of the European Central Bank

    The President of the ECB is back in the spotlight as he testifies in front of policymakers amid and questions over the effectiveness of his policies.

  • Bonds are great—in emerging markets Sunday, 21 Sep 2014 | 11:08 AM ET
    A car drives past a BlackRock billboard ad in Hong Kong.

    Bonds may be out of favor, but experts say emerging markets fixed income still offers plenty of value.

  • Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.

  • Sept 18- Major institutional investors such as BlackRock will likely receive the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.

  • Sept 18- Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.

  • Alibaba, which handles more transactions than Amazon.com Inc and eBay Inc combined, is expected to price within the $66 to $68 per American depository share range, according to CNBC and an investor source.

  • It's time to be 'very selective': BlackRock pro Thursday, 18 Sep 2014 | 10:03 AM ET
    Russ Koesterich, BlackRock

    A top Wall Street investment expert doesn't see a stock or corporate bond crash coming anytime soon—even if it's tough to spot cheap assets.

  • Among the charged firms settling the case are BlackRock's BlackRock Institutional Trust Company and New York- based Advent Capital Management. A spokesman for BlackRock said Tuesday that the SEC's case stems from three "inadvertent" violations dating to 2010 and 2011.. Advent Capital did not have an immediate comment on the SEC's case.