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NEW YORK, Oct 8 (Reuters) - The U.S. dollar fell against major currencies on Wednesday, while the yen surged as investors doubted whether coordinated rate cuts by global central banks were sufficie... |
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All Associated Press news NEW YORK (AP) - Keefe, Bruyette & Woods analyst Jefferson Harralson on Wednesday upgraded Bank of America Corp. to "Market Perform" from "Underperform," citing a recent d... |
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BRUSSELS (Reuters) - European Union finance ministers agreed to introduce legislation to oversee credit rating agencies after the U.S. subprime crisis highlighted the industry's failures.
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LONDON (Reuters) - Retailers are in danger of becoming one of the leading victims of the credit crisis, with the cost of insuring their debt against default on the rise due to their exposure to heavily indebted consumers.
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TOYAKO, Japan (Reuters) - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses dependent on what happens to the U.S. housing sector, IMF chief Dominique Strauss-Kahn said on Wednesday.
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LONDON (Reuters) - Here is a round-up of the main stories from the business pages on Wednesday.
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Stock Buzz ), on Tuesday took aim at top Wall Street executives who claim the recent credit crisis and widespread bank loses were mainly due to accounting changes requiring extensive markdowns. |
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TOKYO, July 9 (Reuters) - The dollar held steady on Wednesday after rebounding the previous day on a slide in oil prices and after Federal Reserve Chairman Ben Bernanke assured investors the centra... |
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TOKYO, July 9 (Reuters) - Japan's retail regular gasoline prices jumped to a record high above 180 yen per litre due to soaring crude oil prices, a research body said on Wednesday. |
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HANGZHOU, China, July 9 (Reuters) - China's Hangzhou city plans to set up a 5 billion yuan ($730 million) fund to invest in industrial projects and a 560 million yuan venture capital fund to suppor... |
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Ducharme and other IndyMac customers said they feared it could follow in the footsteps of failed rivals New Century Financial Corp and American Home Mortgage Investment Corp. In Pasadena and at ano... |
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