Asia Follows Wall Street Sell-Off on 'Taper' Fears
COMMERZBANK AG
featured
German lender Commerzbank will shed more than 5,000 jobs as part of its cost cutting program, a person familiar with the negotiations told Reuters on Tuesday.
» Read More
More
-
NEW YORK, Dec 28- The U.S. dollar edged up to a two-week high against major currencies on Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal to avert tax hikes and spending cuts next year. President Barack Obama and Democratic and Republican lawmakers were scheduled to meet on at 3 p.m. EST as the year-end deadline approaches.
-
LONDON, Dec 28- German Bunds rose on Friday as investors sought safe-haven assets before a last-chance round of talks in the United States aimed at averting a fiscal crisis next year. In Italy, government bonds erased minor early losses after a sale of nearly 6 billion euros of five- and 10- year debt went smoothly.
-
NEW YORK, Dec 28- The euro fell against the dollar and yen on Friday as investors locked in recent gains, although it could trim losses if progress is made toward a last-minute deal on U.S. budget talks to avert tax hikes and spending cuts next year. Obama and Vice President Joe Biden will meet congressional leaders from both parties at the White House later on Friday.
-
LONDON, Dec 28- The euro fell against the dollar on Friday, the last full day of trading for the year in Europe, as investors took profit on its recent gains, while investors focused on U.S. budget talks. The euro was down 0.4 percent on the day at $1.3183, having slipped to a session low of $1.3166 when traders said it broke below stop loss sell orders around $1.3170.
-
Euro zone to include CACs on all new bonds from Jan. 1. LONDON, Dec 28- When 10 wealthy countries first demanded legal provisions making it easier to restructure government bonds in a crisis, they never thought this would apply to their own debt.
-
NEW YORK, Dec 28- The euro edged lower against the dollar and yen on Friday as investors locked in recent gains, although it could trim losses if progress is made toward a last-minute deal in U.S. budget talks to avert tax hikes and spending cuts next year.
-
President Barack Obama will try to revive budget crisis talks which stalled last week when he returns to Washington on Thursday after cutting short his Christmas holiday in Hawaii.
-
NEW YORK, Dec 24- The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20- month low after Japan's incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy.
-
*Abe to become Japan's prime minister on Wednesday. LONDON, Dec 24- The yen fell on Monday to trade near a 20- month low against the dollar after incoming prime minister Shinzo Abe heaped fresh pressure on the Bank of Japan to adopt a higher inflation target.
-
LONDON, Dec 24- World stock, commodity and currency markets were steady on Monday, with tensions over the U.S. budget dispute subdued by a holiday lull in Europe.
-
*Abe to become Japan's prime minister on Wednesday. LONDON, Dec 24- The yen fell on Monday to trade near a 20- month low against the dollar after incoming prime minister Shinzo Abe heaped fresh pressure on the Bank of Japan to adopt a higher inflation target.
-
European shares ended mixed Tuesday amid "fiscal cliff" discussions in the U.S., but losses were limited as EU finance ministers met in Brussels to discuss details of a possible banking union.
-
*Divergent views on Greece's euro zone future fuel trade. LONDON, Nov 6- The Greek bond market is springing back to life as hedge funds bet on whether parliament approves more budget cuts to unlock vital foreign aid, or rejects them and threatens a default.
-
Chief Executive Norbert Reithofer said conditions were weakening, after the German company posted a 14 percent rise in third-quarter profit on Tuesday that beat analysts' forecasts.
-
NEW YORK, Nov 5- Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the U.S. presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.
-
LONDON, Nov 5- Oil prices dipped towards $105 a barrel on Monday as investors remained cautious ahead of the U.S. presidential election and eyed demand destruction after Superstorm Sandy, whilst a stronger dollar also weighed.
-
LONDON, Nov 5- Oil prices slipped to around $105 a barrel on Monday, weighed down by a strong dollar and demand destruction after Superstorm Sandy, while investors remained cautious ahead of the U.S. presidential election. Front-month Brent futures were down 65 cents at $105.03 a barrel at 0946 GMT, while U.S. crude was down 34 cents to $84.52 a barrel.
-
LONDON/ FRANKFURT, Nov 2- European banks will dominate the group of lenders required to hold extra capital to protect the global financial system, despite moves to shrink their businesses in response to the region's debt crisis. Eight are from the United States, and four are from Asia.
-
*Alcatel down, Beiersdorf up in mixed earnings season.
-
The FTSEurofirst 300 index of top European shares opened broadly flat at 1109.98 points, with London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX mixed as investors opted for caution ahead of the U.S. data.
Most Popular Video
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."