Stocks Citigroup Inc

More

  • *China injects $20 billion after Monday's selloff. LONDON, Jan 5- World stocks inched up from 2-1/ 2- month lows on Tuesday as China pumped in an estimated $20 billion to stabilise its equity and currency markets, which recorded the worst opening day's trade in years in the previous session. "China's actions are certainly positive at the margin... but overall the risk...

  • *China stocks steady from shaky start, sentiment fragile. SYDNEY/ SINGAPORE, Jan 5- Asian shares retreated in choppy trade on Tuesday, led by Chinese stocks, whose early rebound fizzled out as investors remained unconvinced by Beijing's moves to restore market confidence following a disasterous start to the new year. Prospects were brighter for European shares,...

  • *China stocks steady from shaky start, sentiment fragile. After plunging almost 7 percent on Monday, the CSI300 index of the largest listed companies in Shanghai and Shenzhen eked out a 0.8 percent gain in choppy trade. MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to be all but flat.

  • *China stocks steady from shaky start, sentiment fragile. The central bank also set the value of its yuan currency a little firmer than many had expected, countering concerns China was seeking an aggressive devaluation to aid exports. After an opening skid, the CSI300 index of the largest listed companies in Shanghai and Shenzhen rebounded to be 0.7 percent...

  • *All eyes on China to see if Beijing can calm markets. SYDNEY, Jan 5- Asian share markets were on the ropes for a second straight session on Tuesday as investors waited anxiously to see if Beijing can head off the latest selling stampede in Chinese stocks. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, while Australia's market shed...

  • FOREX-China sell-off sends yen, Swiss franc soaring Monday, 4 Jan 2016 | 4:14 AM ET

    *China selloff hits Aussie, other commodity-linked currencies. LONDON, Jan 4- The dollar sank to an 11- week low against the yen on Monday, hit by a renewed stock market selloff in China that sent currency traders running for the traditional security of the Japanese currency and the Swiss franc. "All about China really," said the head of foreign exchange at one large...

  • LONDON, Jan 3- Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made for banks last year. Citigroup and Credit Suisse disclosed in the past fortnight that their main UK subsidiaries paid no corporate income tax in 2014, the most recent year for which...

  • SINGAPORE, Dec 31- A year ago, after oil prices had halved in six months, analysts were forecasting a price recovery in 2015 while many traders were busy shorting the market. Many analysts expect a price recovery towards the end of 2016 to pull up the average for the full year, with production- especially in the United States- falling as drillers succumb to debt and low...

  • NEW YORK, Dec 29- Creditors suing Argentina over billions of dollars in defaulted bonds have subpoenaed HSBC Holdings Plc for information about the country's effort to raise money abroad, a person familiar with the matter said on Tuesday. Creditors, including hedge funds Elliott Management's NML Capital Ltd and Aurelius Capital Management LP, are seeking...

  • JPMorgan star's hot start-up stumbles Tuesday, 29 Dec 2015 | 11:14 AM ET
    Blythe Masters, chief executive officer of Digital Asset Holdings LLC.

    Financial firms have expressed doubts about the actual software solutions Blythe Masters's start-up is working on, the NYT reports.

  • JPMorgan to increase some deposit rates Monday, 28 Dec 2015 | 9:43 PM ET
    People inside JP Morgan headquarters in New York.

    JPMorgan Chase plans to raise deposit rates for some large clients next month, although by how much is not yet clear.

  • Dec 28- JPMorgan Chase& Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. JPMorgan did not immediately respond to a request for comment. Spokesmen for Bank of America Corp, Citigroup Inc and Wells Fargo& Co said the banks had not raised deposit rates.

  • TOKYO, Dec 25- Sumitomo Mitsui Financial Group is seeking to buy into the rapidly growing financial technology sector ahead of the lifting of a ban on such investments next year, the president of Japan's third-largest bank said. Larger rivals Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc have also said they are seeking out similar ventures.

  • BOSTON, Dec 23- In the months before the blowup of Third Avenue's junk bond fund in early December, investors and financial advisors called the New York- based investment company to voice their concerns about the growing percentage of hard-to-trade, illiquid assets in the fund's portfolio. "I would call up and they would say,' We're under control, we have plenty of...

  • *Tin gains as China imports rise 21 percent so far this year. LONDON, Dec 22- Copper fell on Tuesday as traders were reluctant to try to push the metal above Monday's five-week peak given slowing economic growth in China. Losses were limited, however, by signs of shrinking supply and as China pledged new policy support for 2016..

  • *Tin gains as China imports rise 21 percent so far this year. LONDON, Dec 22- Copper fell on Tuesday as traders were reluctant to try to push the metal above Monday's five-week peak given slowing growth in China. Losses were limited, however, by signs of shrinking supply and as China pledged new policy support for 2016..

  • *Tin gains as China imports rise 21 percent so far this year. LONDON, Dec 22- Copper fell on Tuesday as traders were reluctant to try to push the metal above Monday's five-week peak given slowing growth in China, though losses were limited by signs of shrinking supply and as China pledged new policy support for 2016.. China are talking about cutting production, the...

  • *S&P, Dow on track for worst 2- day run since Nov. 1. The Dow and the S&P 500 were on track for their worst two-day run since Nov. 1, and the Nasdaq since mid-November, almost erasing gains from the three-day rally up to the Federal Reserve's interest rate hike on Wednesday. There's no new news that's any kind of substance that's driving this, "said Jeff Powell, managing...

  • *Dollar index retreats from two-week highs set last week. NEW YORK, Dec 21- The dollar weakened against a basket of currencies in thin trading on Monday as the euro strengthened in the wake of an inconclusive election result that may increase unease over Spain's financial stability. It should be dollar positive over time, "said Alan Ruskin, global head of G10...

  • LONDON, Dec 21- The Court of Appeal in London on Monday cut the sentence of Tom Hayes, a former trader jailed for conspiracy to rig global Libor interest rates, to 11 years from 14 after considering mitigating factors such as his Asperger's syndrome diagnosis. John Thomas, the head of the judiciary in England and Wales, and senior judges Brian Leveson and Elizabeth...