AS400-NEWS.COM: Top News and Analysis

Top News and Analysis: Markets, Forex

07/22/2019

Hedging complacency adds to corporate FX risk, Citi finds Citi’s latest global corporate benchmarking survey shows that companies are worryingly complacent about their potential exposure to emerging market cu...
17:16, 07/22/2019

BP Boosts Its Biofuels Business with Brazilian Joint Venture Energy giant BP is doubling down on biofuels with a joint venture with agricultural trader Bunge in Brazil, betting that the global movement to reduce...
16:48, 07/22/2019

Budweiser's Australian Beer Sale Leaves Little Bitterness Budweiser’s parent Anheuser-Busch has sold one of its most lucrative subsidiaries in its effort to reduce a $103 billion debt pile. But the prospect o...
16:48, 07/22/2019

Qualcomm Needs a House Divided In seeking to overturn a federal judge’s ruling in a case brought by the Federal Trade Commission, Qualcomm has marshaled the support of other branche...
16:32, 07/22/2019

Oil Prices Jump After Iran's Tanker Seizure Crude prices climbed as investors reacted to the latest escalation in tensions between Iran and the West after Tehran announced the seizure of a Briti...
16:32, 07/22/2019

U.S. Shale Producers Benefit as Oil Disruptions Plague Middle East Oil supply disruptions in hot spots around the world are putting pressure on the cost of buying and shipping crude. But the turmoil is benefiting U.S....
16:32, 07/22/2019

Trade's Derailment Sends Ominous Sign The railroad business has plenty of nontrade related issues, but tariffs aren’t helping matters. Given their broad range of clients, CSX’s and Union P...
16:32, 07/22/2019

New Chinese Tech Exchange a Bright Spot as Global Stocks Waver China’s new market for technology groups opened with a rally, as investors in Europe and the U.S. braced for fresh economic data this week as expectat...
12:16, 07/22/2019

Stocks Surge on China's New Nasdaq-Like Market The country’s new market for homegrown technology companies opened with a bang, with stocks doubling, tripling or more than quadrupling in value on it...
11:00, 07/22/2019

Child Sex-Abuse Claims Are a Growing Risk to Insurance Firms State laws expanding the statute of limitations for child sexual-abuse claims pose a growing financial risk to insurance companies. Seventeen states a...
20:16, 07/21/2019

Investors Look Forward to GDP Data Before Fed Decision Before the Federal Reserve can make its first interest-rate cut in a decade, investors will get a look at reports on new-home sales, durable-goods ord...
20:16, 07/21/2019

Tech Rally Powers Record Gains for Stocks The biggest technology companies are propelling major U.S. indexes’ record run, highlighting investor enthusiasm for the hottest stock sector as econo...
13:32, 07/21/2019

U.S. Investment in African University Fails as China Advances The failure of a university project in Ghana marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence...
13:32, 07/21/2019

Even Passive Giants Aren't Immune From Investors' Changing Tastes The surging popularity of low-cost investment funds has dialed up the pressure on most asset managers—including some of the firms most responsible for...
14:16, 07/20/2019

Supply Surge Sends Overnight Rates Above 10-Year Yields The persistent supply of U.S. government debt flooding the bond market this year has done little to raise bond yields, except in the market for the sh...
04:00, 07/20/2019

JPMorgan Chase, Netflix, Gannett: Stocks That Defined The Week Major stock indexes ended lower this past week as investors weighed signals of an interest-rate cut and mixed earnings results from some of America’s ...
04:00, 07/20/2019

American Inventiveness Strikes Again With Digital Fur Technology A bit from Jerry Seinfeld mocks scientists dedicating years to the development of seedless watermelon. He would have a field day with the innovation b...
20:32, 07/19/2019

Persian Puzzle for Oil Prices On the one hand, the White House has to be pleased about the oil market’s mild reaction to a series of incidents this week involving Iran. On a deeper...
20:32, 07/19/2019

Oil Heads for Worst Week Since May Oil prices edged higher Friday but remained on track for their worst week since May, the latest turn lower for crude in 2019 as fears of excess supply...
18:16, 07/19/2019

Clean Energy Loans Boom in Florida, but So Do Complaints Offered in only three states and waning in their home base of California following a regulatory crackdown, residential property assessed clean energy ...
16:16, 07/19/2019

Soaring Shipping Gauge Doesn't Spell Growth Boom A closely watched index that tracks the cost of shipping commodities around the world is at its highest level since 2014. But analysts warn that the s...
16:16, 07/19/2019

Owl Rock's IPO Boosts Niche Market Asset manager Owl Rock’s business development company, with a valuation of about $6 billion, highlights the growth potential for private debt markets ...
16:16, 07/19/2019

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards program...
16:16, 07/19/2019

The Luxury Car Industry's New-Old Bosses The German luxury car industry has stalled. Getting the engine running again may require fresher thinking than the insiders appointed to run both BMW ...
16:16, 07/19/2019

Stocks Rise Amid Hopes for Rate Cut U.S. stocks rose, brushing off a mixed-bag of earnings reports as investors instead focused on central-bank comments that seemed to strengthen the cas...
16:16, 07/19/2019

Why India’s Essar decision could kill the distressed debt market before it starts The insolvency and bankruptcy code is supposed to do wonderful things for India, but a leftfield decision on creditors this week will have a number of...
11:16, 07/19/2019

Sinclair Completes Largest Junk-Bond Sale Since 2016 A subsidiary of Sinclair Broadcast Group is poised to complete the largest U.S. junk-bond sale in more than three years, drawing substantial demand fr...
04:48, 07/19/2019

Union Pacific Earnings Help Put Rail Stocks Back on Track Shares of U.S. railroad operators were on the mend Thursday following a better-than-expected earnings report from Union Pacific, easing investor fears...
04:48, 07/19/2019

U.S. Stocks Turn Positive After Fed Comments U.S. stocks broke into positive territory late Thursday after a Federal Reserve official urged central banks to lower interest rates swiftly on signs ...
04:48, 07/19/2019

Blackstone's Profit Drops as Private-Equity Portfolio Lags Blackstone’s second-quarter earnings fell as the value of its private-equity portfolio appreciated less than the broader market, but the portion of pr...
17:48, 07/18/2019

Former JPMorgan Banker Pleads Not Guilty in Bribery Case A former executive at JPMorgan pleaded not guilty to bribery charges in a Hong Kong court, after prosecutors alleged she persuaded her colleagues to h...
17:32, 07/18/2019

Digital Banking Startup Overcomes Setbacks to Raise $170 Million A digital bank with operations across Europe which recently launched in the U.S. has raised another $170 million in its latest funding round, pushing ...
17:32, 07/18/2019

The Big Obstacle on the Road to Electric Vehicles The lithium-ion battery is a complex industrial product, not just another component in the consumer electronics supply chain. This inconvenient truth ...
17:32, 07/18/2019

Morgan Stanley Profits Hit By Wall Street Weakness Quarterly profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main Street...
17:32, 07/18/2019

What Christine Lagarde Brings to the ECB: Flexibility The career of the next European Central Bank chief shows the institution is getting a diplomat and negotiator, not a technocrat or economist. ‘She is ...
17:32, 07/18/2019

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts...
01:00, 07/18/2019

Italian, Greek Bonds Rally as Hunt for Yield Expands Investors are buying bonds from once-avoided European countries, spurred by expectations that ongoing easy-money policies from central banks will cont...
01:00, 07/18/2019

IAC to Invest $250 Million in Car-Sharing App Turo IAC/InterActiveCorp will pay $250 million for a stake in Turo Inc. in a deal that values the burgeoning peer-to-peer car-sharing company at more than ...
14:16, 07/17/2019

Chinese Esports Group Backed by Tencent Raises $775 Million in U.S. IPO Chinese video-streaming service DouYu raised $775 million in its IPO, capitalizing on the growing popularity of watching others play games on the inte...
14:16, 07/17/2019

Bank of Canada to Introduce Enhanced Risk-Free Rate Benchmark in 2020 The Bank of Canada said it expects to launch an enhanced version of its overnight risk-free interest rate benchmark next year, part of a global effort...
22:32, 07/16/2019

Fed's Rate Cut Plans Stop Making Sense The facts have changed, but the Federal Reserve sure doesn’t seem like it is changing its mind on leaning toward an interest-rate cut at its policy me...
22:32, 07/16/2019

Why This Pizza Stock Is Going Cold Shares of Domino’s Pizza fell after the chain posted weaker-than-expected sales for the second quarter. Investors homed in on same-store sales, which ...
22:32, 07/16/2019

Blue Apron's Beyond Meat Deal Lacks Substance The meal kit company said it would add plant-based proteins to some of its meals as part of a collaboration with Beyond Meat beginning in August. But ...
22:32, 07/16/2019

Stronger Dollar Looms Large This Earnings Season The dollar has remained steady despite expectations for lower interest rates, posing a challenge for large multinational companies that need to conver...
22:32, 07/16/2019

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market domi...
22:32, 07/16/2019

Natural-Gas Traders Bet Heat Wave Will Fizzle Natural-gas prices declined for the second straight day on signs that producers will continue to push output to new highs, while forecasts that the cu...
22:32, 07/16/2019

Consumer Lending Powers Big-Bank Earnings, Upstaging Wall Street U.S. consumers are taking advantage of low interest rates to borrow and spend, boosting banks that cater to Main Street and leaving behind those that ...
22:32, 07/16/2019

Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation Target Federal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rat...
22:32, 07/16/2019

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted tha...
22:32, 07/16/2019

Trucking Stocks Race Higher on J.B. Hunt's Good News America’s trucking companies are revving up thanks to an upbeat report from J.B. Hunt Transport Services, signaling the transport sector could be turn...
22:32, 07/16/2019

Rio Tinto Faces Delays, Added Costs for Big Copper-Mine Project Rio Tinto said it will take longer and cost more than expected to finish building one of the world’s biggest copper mines in Mongolia’s remote souther...
15:32, 07/16/2019

Wall Street's Answer to Risks in Loan Market: Bundle Lower-Rated Loans A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans, a sign of building ...
15:32, 07/16/2019

Bad Loans in Europe Tumble, but They Are Never Fully Gone European banks have cleared nearly half of the toxic loans off their balance sheets since emerging from a debilitating debt crisis. The only trouble: ...
15:32, 07/16/2019

KeyCorp Finds Fraudulent Activity Estimated at Up to $90 Million KeyCorp said it discovered fraudulent activity with potential exposure of up to $90 million associated with transactions conducted in the third quarte...
15:32, 07/16/2019

A Gigantic Gold Coin Makes Its Way to Wall Street Richard Hayes plans to leave a $45 million coin on the streets of Manhattan all day Tuesday, but he isn’t particularly worried about a thief carting i...
15:32, 07/16/2019

Goldman Sachs Reports Profits, Revenue Decline Goldman Sachs Group’s quarterly profit slipped 6% as clients, spooked by trade tensions and interest-rate whiplash, kept their money on the sidelines....
15:32, 07/16/2019

BHP and the Long Goodbye From Coal Power coal has generated big profits for miners over the years, but these days it mostly generates trouble. That doesn’t mean getting out of the busin...
15:32, 07/16/2019

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operati...
15:32, 07/16/2019

AT1 bonds: Call me maybe A change to the approval regime for early repayment of AT1 debt is not widely expected to hike extension risk, but it's not the only tweak that in...
13:32, 07/16/2019

Facebook Confronts Bipartisan Resistance to Cryptocurrency Plans U.S. officials ranging from Treasury Secretary Steven Mnuchin, a Republican, to Rep. Maxine Waters, the Democratic chairwoman of a powerful House comm...
02:48, 07/16/2019

Putting the Equity Back Into Private Equity Rising stock valuations are forcing private-equity firms to contribute more cash to their leveraged buyouts, likely dragging down performance in the l...
00:32, 07/16/2019

Lies, Damned Lies and Chinese Growth China’s headline growth slowed again in the second quarter, but several other important indicators improved in June. As they learned this spring to th...
18:32, 07/15/2019

Companies Aren't Cheering Lower Interest Rates Last year, U.S. corporate pension funds had one of their better years in recent history, despite the fact that stocks and bonds both did poorly. Highe...
18:32, 07/15/2019

Asian IPO Flop Gives Budweiser Brewer a Hangover Shares in Anheuser-Busch InBev and its potential Asian takeover targets fell Monday as investors digested the failure of a plan to create a new Hong K...
18:32, 07/15/2019

Cellphone Tower Companies Race Higher As the biggest wireless companies in the U.S. prepare to bring 5G to more customers, cellphone-tower operators are shaping up to be big winners in the...
18:32, 07/15/2019

Citigroup Reports Higher Earnings as Bank Results Kick Off Citigroup reported that profit increased 7% and beat analysts’ expectations as the New York lending giant benefited from favorable conditions in the U...
18:32, 07/15/2019

Fed's Williams Calls for More Urgency in Replacing Libor Federal Reserve Bank of New York President John Williams said financial firms need to stop dragging their collective feet and transition to a new refe...
18:32, 07/15/2019

U.S. Stocks Tread Water U.S. stocks drifted between small gains and losses Monday as investors weighed second-quarter earnings from Citigroup and looked ahead to results from...
18:32, 07/15/2019

Citi's Mixed Results Underscore Global Risks Earnings for Citigroup, the most global big U.S. bank, highlights both known trends and the biggest risks to the world economy, according to WSJ’s Hea...
18:32, 07/15/2019

Crack Open a Cold 'Un, Face the Consequences A Japanese teenager is in trouble for selling some very bad beer online, but the offense has nothing to do with hawking inferior goods or even underag...
18:32, 07/15/2019

Charles Schwab in Talks to Buy USAA Wealth-Management, Brokerage Units Charles Schwab is in talks to buy brokerage and wealth-management operations from USAA for roughly $2 billion, a move that would push the discount-bro...
18:32, 07/15/2019

Nomura Securities to Repay Customers $25 million Nomura Securities agreed to pay customers $25 million after the SEC said bond traders at the investment bank inflated its profit in the sale of commer...
18:32, 07/15/2019

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization o...
09:00, 07/15/2019

Second-Quarter Earnings to Test Soaring Market The next test for the highflying stock market begins this week as companies kick off reporting what could be their biggest quarterly profit contractio...
18:32, 07/14/2019

Oxymoron Alert: Some 'High-Yield' Bonds Go Negative In the latest sign of financial markets going into uncharted territory, more than a dozen junk bonds, which usually carry high yields, now trade in Eu...
18:32, 07/14/2019

The Agony of Hope Postponed, by a Value Investor Value investors are known for being a hardy bunch, willing to buy into beaten-down stocks that everyone else thinks are a disaster. But cheap stocks h...
18:32, 07/14/2019

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
18:32, 07/14/2019

Next Big Thing in ETFs: Less Transparency Capital Group, Legg Mason and JPMorgan plan exchange-traded funds that bet on stocks without daily disclosure of investments, drawing on a small New J...
13:16, 07/13/2019

Floor Traders Clash With NYSE The New York Stock Exchange is clamping down on errors among its last remaining floor trading firms, a strict disciplinary push that some traders say ...
13:16, 07/13/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could fu...
13:16, 07/13/2019

U.S. Government Bond Auctions Show Weakness U.S. Treasury prices fell this week after investors submitted fewer bids than usual at a series of government bond auctions, underscoring the centrali...
03:16, 07/13/2019

Schwab Scraps Trip for Top Employees Discount brokerage Charles Schwab says it is scrapping a Hawaii vacation for top employees, citing “reputational risks” associated with award programs...
03:16, 07/13/2019

Life-Science Stocks Look Less Healthy Life-science companies have logged a strong performance this year, but disappointing revenue results from Illumina show they can’t inoculate themselve...
19:32, 07/12/2019

Lesley Jane Seymour on How Women Can Reinvent Their Careers Lesley Jane Seymour, former editor of More magazine and founder of an online community for professional women, tells host Veronica Dagher about the im...
18:32, 07/12/2019

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell t...
18:32, 07/12/2019

Tropical Storm Barry Helps Spark Fuel-Price Rebound The U.S. crude oil benchmark rose 0.2% in Friday trading, while Brent crude oil advanced 0.6% as traders focused on the impact of Tropical Storm Barry...
18:32, 07/12/2019

The Only Thing the Smart Money Is Smart About A number of recent studies show that professional investors—the, ahem, smart money—are prone to the same mistakes that individual investors make. The ...
18:32, 07/12/2019

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold ...
06:48, 07/12/2019

Fed Group Proposes Adjustable-Rate Mortgages Using Libor Replacement A financial industry group is proposing to use a new benchmark designed by the Federal Reserve for adjustable-rate mortgages, replacing the troubled L...
06:48, 07/12/2019

Calpers Fell Short of Its Own Goals in Fiscal 2019 The nation’s largest pension fund fell just short of its investment target in fiscal 2019, underlining the difficulty of earning the kind of returns s...
06:48, 07/12/2019

Illumina Stock Falls as Revenue Outlook Reduced Shares of Illumina drop after the maker of gene-sequencing machines lowers its revenue expectations over problems with its direct-to-consumer business...
06:48, 07/12/2019

Stronger Inflation Data Lift Treasury Yields U.S. government bonds pulled back after new data showed consumer prices rose more than expected in June. The 10-year note’s yield rose to its highest ...
06:48, 07/12/2019

Oil's Rebound Above $60 Increases Focus on Technicals A recent rebound in U.S. crude-oil prices back above $60 is increasing focus on gauges of market momentum, the latest swing in a topsy-turvy year for ...
18:16, 07/11/2019

Paul Singer Is on the Verge of a Big Win in PG&E Clash The California legislature is primed to deliver a preliminary victory to hedge-fund billionaire Paul Singer and other PG&E bondholders in their months...
17:00, 07/11/2019

Income Options Are Coming to 401(k) Plans More employers are exploring ways to help 401(k) participants turn their savings into a sustainable income in retirement, even ahead of Congress passi...
17:00, 07/11/2019

S&P Rating Is Landmark for Chinese Bond Market S&P Global became the first foreign credit-rating company to offer an independent assessment of risk in China’s vast domestic debt market, giving a to...
14:48, 07/11/2019

Bed Bath & Beyond, Sherwin-Williams, PriceSmart and More Companies with shares expected to trade actively in Thursday’s session include Bed Bath & Beyond, Sherwin-Williams, PriceSmart, Simulations Plus and A...
14:48, 07/11/2019

OPEC Maintains World Oil Demand Forecast as Supply Concerns Continue OPEC cut its 2019 oil production growth forecast for its non-cartel peers, a week after the bloc and its allies extended their continuing output cut f...
14:48, 07/11/2019

Fast Times at Uniqlo's Owner Could Continue Uniqlo owner Fast Retailing’s shares have been on a trip to the moon since 2017. With the Bank of Japan providing some of the rocket fuel, the stock c...
14:48, 07/11/2019

Stock Rally Fades After U.S. Record Stocks treaded water after Federal Reserve Chairman Jerome Powell hinted at a possible interest-rate cut in July to support the U.S. economy as global...
14:48, 07/11/2019

A New Chapter for Norwegian Air? Troubled budget airline Norwegian Air is trying to turn the page: Its chief executive is stepping down and flights between the U.S. and Europe are fin...
14:48, 07/11/2019

Bright Spot for Money Managers: ESG A record amount is flowing to investment managers engaged in socially responsible investing, an area of strength for stock pickers who have otherwise ...
14:48, 07/11/2019

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street i...
02:00, 07/11/2019

World's best investment bank in the emerging markets 2019: BTG Pactual The firm has done well at home and in the region. Part of that is down to its ownership structure, and the rest is because growth is part of its DNA....
00:16, 07/11/2019

SEC Clears Blockstack to Hold First Regulated Token Offering The Securities and Exchange Commission on Wednesday cleared blockchain startup Blockstack to sell bitcoin-like digital tokens, a first-of-its-kind off...
23:48, 07/10/2019

GE Bondholders Benefit at Shareholders' Expense General Electric’s bonds are outperforming GE’s stock by one key measure, a sign that the company’s restructuring is benefiting lenders more than shar...
23:32, 07/10/2019

Fed's Bullard Leans Toward Rate Cut at July Fed Meeting Federal Reserve Bank of St. Louis President James Bullard said Wednesday that based on where the economy is now he still favors a quarter-percentage-p...
23:32, 07/10/2019

Videogames and Two-Day Delivery Powered the S&P's Rise to 3000 Tech stocks including Amazon.com and Netflix led the pack during the S&P 500’s half-decade march from 2000 to 3000, while oil companies were among the...
23:32, 07/10/2019

Iron-Ore Prices Soar Almost 70% in Hit to Steelmakers Iron-ore prices have soared by more than 68% this year, a resurgence driven by falling supplies that has led to challenging times once again for steel...
14:48, 07/10/2019

Deflation Stalks Chinese Industry Again Right now, it’s a great time to be selling pork into China. It’s a bad time to be selling just about anything else—and a very bad time to be a Chinese...
12:48, 07/10/2019

Europe Stocks Edge Down Ahead of Fed Testimony, Minutes European stocks slipped as investors awaited Federal Reserve Chairman Jerome Powell’s congressional testimony, where he will face questions on the cen...
12:48, 07/10/2019

Once a Miser, Japan Inc. Is Opening Its Wallet to Buy Back Shares A record wave of share buybacks by companies such as Sony, SoftBank and Nomura Holdings has cheered investors who say Japan’s bosses are finally warmi...
12:48, 07/10/2019

Flood of New Jets Will Create Turbulence After years of getting crowded with small planes and big planes, the skies are about to be invaded by medium-sized planes. The shift may delight airli...
12:48, 07/10/2019

Government Bond-Market Measure Says Recession Risk Growing The yield on three-month bills has exceeded that of the benchmark 10-year Treasury note by as much as 0.259 percentage point, the most since May 2007....
20:48, 07/09/2019

World's Coffee Growers Seek to Set Minimum Price to Help Poor Farmers Growers from Brazil, Colombia and more than two dozen other countries will meet in Brazil to talk about how to get more money to farmers suffering fro...
20:48, 07/09/2019

Dow Industrials Edge Lower as Chemical Companies Decline U.S. stocks wavered, pulled by enthusiasm for hot tech stocks, anxiety about trade dispute fallout and speculation that central bankers will do their ...
20:48, 07/09/2019

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restruc...
20:48, 07/09/2019

Philadelphia Fed's Harker Sees No Need for Interest-Rate Changes Philadelphia Fed President Patrick Harker said he doesn’t see a compelling reason to lower interest rates given the apparent strength of the U.S. econ...
16:32, 07/09/2019

India's Bond Market Could Benefit From Some Sin While governments in emerging markets have spent decades developing domestic bond markets, the finance ministry of the world’s second-most populous na...
15:32, 07/09/2019

Markets Are Calm, Then Suddenly Go Crazy. Some Investors Think They Know Why. Investors have noticed a force some call a “gamma trap,” and have been devising tools to estimate its size and direction in order to predict how marke...
15:32, 07/09/2019

Investors Shouldn't Get Used to Good News Hurting Stocks The easy narrative after Friday’s blowout jobs report was that good news on the economy is bad news for stocks, as bond yields jumped and the S&P 500 ...
15:32, 07/09/2019

The Tricky Art of Being a Wellness Entrepreneur In a special Secrets of Wealthy Women podcast, host Veronica Dagher speaks with a panel of women entrepreneurs about delegating tasks and staying moti...
15:32, 07/09/2019

Fire Up the Grill: Propane Prices Have Tumbled If the slide in propane prices holds, households that are heated with the fuel and farmers who use it to dry crops could receive lower bills when they...
15:32, 07/09/2019

Piper Jaffray to Buy Sandler O'Neill for $485 Million Piper Jaffray Cos. is buying Sandler O’Neill & Partners L.P. for $485 million, combining two investment-banking firms and creating Piper Sandler Cos....
15:32, 07/09/2019

Shooting Rich People Into Space Isn't the Final Frontier British billionaire Richard Branson’s dream of shooting people into space may echo Apollo 11’s epic moon landing 50 years ago this month, but for inve...
15:32, 07/09/2019

VW Stalled Bond Probe, SEC Says The auto maker dragged out a probe into whether it defrauded bond investors who weren’t told about its efforts to cheat on diesel-emissions tests, the...
05:00, 07/09/2019

The Impact of TV Ads on Stock Trading New research suggests that commercials can spark investor curiosity, leading to a slight boost in trading activity in the advertiser’s stock the next ...
05:00, 07/09/2019

The Pitfalls of 'Designated Beneficiaries' for Mutual-Fund Accounts “Transfer on death” accounts go directly to beneficiaries upon the owner’s death. But they still need to be carefully coordinated with the owner’s ove...
05:00, 07/09/2019

Short Seller Targets Anta in Another Attack on China's Biggest Sportswear Company Carson Block’s Muddy Waters, a short seller, took aim at Anta Sports Products, becoming the third firm in little more than a year to question the fina...
18:48, 07/08/2019

During Stock Rally, Nervous Investors Buy Bonds, Too Individuals are on track to purchase a majority of the U.S. government’s newly issued longer-term debt this year for the first time since the Treasury...
18:48, 07/08/2019

After a Strong First Half, Stocks Tend to Stay Higher After U.S. stocks notched the strongest first half of a year since 1998, history suggests they are likely to finish off 2019 higher than they started....
18:48, 07/08/2019

Deutsche Bank Shares Fall Sharply on Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for mo...
18:48, 07/08/2019

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough....
18:48, 07/08/2019

Is President Trump Finally Getting a Weaker Dollar? President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to grind higher. Now, analysts say, the U.S. curren...
18:48, 07/08/2019

Fed Expectations Trigger Record Run of Outflows in Leveraged Loans Funds that specialize in buying junk-rated corporate loans have recorded net outflows for 33 consecutive weeks, a record streak that highlights the di...
18:48, 07/08/2019

Turkish Lira Falls After Erdogan Ousts Central Bank Chief The Turkish lira dropped sharply as President Recep Tayyip Erdogan’s decision to fire the governor of the central bank left investors worried about ec...
18:48, 07/08/2019

U.S. Banks Rush In as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling t...
18:48, 07/08/2019

The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. U.S. gas production is at a record high, but the infrastructure needed to move the fuel around the country hasn’t kept up. The result is price spikes,...
01:00, 07/08/2019

Where to Invest When the Fed Cuts Rates Many believe the Federal Reserve is pivoting from raising interest rates to lowering them once again. Investors say rate cuts will spur spending and p...
18:16, 07/07/2019

Copper an Outlier as Most Markets Rebound on Trade A retreat in copper prices is signaling continued investor concern for the global economy, even after a cease-fire in the U.S.-China trade fight boost...
18:16, 07/07/2019

Deutsche Bank to Exit Global Equities, Trading Business Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical o...
18:16, 07/07/2019

Plan on More Pharma Megamergers Tough R&D conditions and backlash over high drug prices have put megamergers back on the agenda for biotech and pharma companies desperate for growth....
16:51, 07/06/2019

Strong Jobs Report Boosts Discount Brokers Shares of discount brokerage firms such as E*Trade and Charles Schwab were among the top gainers in the S&P 500 stock index after the Labor Department...
22:00, 07/05/2019

Mutually Assured Disruption in Silicon Valley With venture-capital funds flowing freely, the competition to be a “disrupter” is brisk. Thing is, the battle for dominance burns lots of cash and hin...
17:00, 07/05/2019

Stocks to Watch: Qualcomm, Kellogg, Novavax, Tyme Technologies, MarketAxess Some of the companies with shares expected to trade actively in today’s session include Qualcomm, following Samsung’s earnings guidance, and Kellogg, ...
17:00, 07/05/2019

Tourism, High Yields Lure Investors to Iceland Investors are buying government debt from Iceland, illustrating how the world-wide bond rally has pushed many beyond traditional havens in pursuit of ...
17:00, 07/05/2019

Deutsche Bank's Investment-Banking Chief to Leave Deutsche Bank’s investment-banking chief, Garth Ritchie, has agreed to leave the embattled German lender, according to a person familiar with the matt...
17:00, 07/05/2019

Stocks Tick Lower After Jobs Report Clouds Expectations of a Rate Cut Major U.S. indexes fell from their records after a better-than-expected June jobs report clouded expectations of an imminent interest-rate cut by the ...
17:00, 07/05/2019

U.S. Government Bond Yields Rise After Jobs Report The yield on the benchmark 10-year U.S. government note pushed back above 2% after a solid jobs report eased some of the pressure on the Federal Reser...
17:00, 07/05/2019

Gold Heads for Worst Day in a Year After Jobs Report Gold prices slid following an upbeat jobs report, heading toward their largest one-day decline in more than a year as traders dialed back bets that th...
17:00, 07/05/2019

Global Bond Party Bypasses China China’s $2.2 trillion government bond market has been noticeably absent from a global rally this year. Some investors are betting Chinese debt catches...
17:48, 07/04/2019

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth an...
17:48, 07/04/2019

Cryptocurrency Derivatives Face U.K. Ban A British regulator proposed a ban on selling derivatives based on bitcoin and other digital currencies to individual investors, calling these product...
17:48, 07/04/2019

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense re...
17:48, 07/04/2019

Emissions Crackdown Fuels Palladium Rally Rising anxiety about the world economy has sent gold on a stellar run. But the haven has been left in the dust by one of its precious-metal peers: pal...
17:48, 07/04/2019

Stocks Muted in Europe, Asia as Crude Slips European markets were subdued, a day after the Dow Jones Industrial Average hit a record high, as investors prepared for quieter trading sessions with...
17:48, 07/04/2019

Washington Offers Companies Facing Enforcement a Package Deal Banks, asset managers and public companies could find it easier to settle regulatory enforcement actions without damaging other parts of their busines...
01:32, 07/04/2019

High-Tech Disruptors of Bond Market Enjoy Stock Surge Investors have richly rewarded a pair of companies that are bringing electronic trading to the bond market, which has long been dominated by Wall Stre...
21:48, 07/03/2019

Dow Industrials Close at Record High The Dow Jones Industrial Average closed at a record on Wednesday, its first new high in nine months, as the index notched its fourth straight session ...
20:00, 07/03/2019

Chuck E. Cheese Mouse Stumbles into Bitcoin Trap When a cryptocurrency fan compared bitcoin favorably to tokens once used for purchases at Chuck E. Cheese, the chain’s official Twitter account was qu...
20:00, 07/03/2019

OPEC's Partnership Concentrates Power in Riyadh and Moscow This week, the 14 members of OPEC extended an agreement with 10 other countries led by Russia to continue oil production cuts into 2020. While on pape...
19:16, 07/03/2019

Lagarde Has Investors Betting on Easy Money for Europe Christine Lagarde’s nomination to lead the European Central Bank sent investors scrambling to buy more government debt in a bet that she will oversee ...
16:48, 07/03/2019

Stocks to Watch: Tesla, Symantec, Alexion Pharmaceuticals, Nordstrom Some of the companies with shares expected to trade actively in today’s session include Tesla, which reported a new record for car deliveries, and EOG...
16:48, 07/03/2019

Unpacking the GIC result: why all that effort gets only 3.4% Should an institution with all that scale and ability be delivering more than this? The problem with long-term numbers is they still reflect issues fr...
16:00, 07/03/2019

Italy Wins Back Debt Investors as Yields Fall Across Europe Italy seems to be winning back investor confidence, bringing its borrowing costs down to levels last seen before two populist parties formed an unlike...
22:00, 07/02/2019

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve selling or transferring parts of its once-prized equities busine...
22:00, 07/02/2019

Global Chip Makers Can't Catch a Break Just when the global semiconductor industry seems to be taking a breather from one geopolitical conflict, another one is rearing its head, as tensions...
17:00, 07/02/2019

OPEC, Russia Formalize Cooperation Pact OPEC sealed a long-term cooperation pact with Russia, extending a partnership set up two years ago to fight a surge of U.S. oil that has upset the car...
17:00, 07/02/2019

FX: Brokers cannot afford an identity crisis The recent withdrawal of Stater Global Markets from the prime-of-prime broker market has underlined the need for providers to continue to prove their ...
13:32, 07/02/2019

Bank of America Cut Off Private Prisons Weeks After Lending to One Bank of America said last week it would stop dealing with private prisons. What it didn’t say: it had recently agreed to lend $90 million to one of th...
13:00, 07/02/2019

China's Deleveraging Is Over Beijing has spent much of the past three years trying to stabilize debt levels in the Chinese economy, with some initial success. It is now apparent t...
13:00, 07/02/2019

Decline in Share Buybacks Deals Blow to Stock Market Share repurchases by companies contracted for the first time in seven quarters for the three months ended in March, and some say the trend may continu...
13:00, 07/02/2019

Trade Progress Hides Undercurrent of Risks for Investors Markets cautiously celebrated President Trump’s moves to diffuse trade tensions with China over the weekend. Investors should be more wary. The type o...
13:00, 07/02/2019

Budweiser's Asia Unit Prepares for 2019's Largest IPO The Asia-Pacific unit of Anheuser-Busch InBev is seeking to raise as much as $9.8 billion in what could be the biggest-ever listing of a food or drink...
11:32, 07/02/2019

Embrace of Blackstone's Change Is Good News for Private-Equity Stocks Investors’ warm welcome for Blackstone Group’s debut as a corporation is an encouraging sign for rivals that are also considering abandoning their par...
02:00, 07/02/2019

Ratepayer Group Sides With PG&E Bondholders on Exclusivity California’s leading advocacy group for electricity ratepayers wants the bankruptcy court overseeing PG&E’s restructuring to let the troubled utility’...
02:00, 07/02/2019

China's Campaign Against Online Reselling Would Be Ugly for Cosmetics China’s campaign to tax online sellers is bad news for daigou practitioners, the middlemen who buy cosmetics or baby formula abroad and resell it back...
19:48, 07/01/2019

Bond Exchange-Traded Funds Pass $1 Trillion in Assets The amount of money in fixed-income exchange-traded funds passed $1 trillion in June, an ascendance that has reshaped the market where countries and c...
19:48, 07/01/2019

Ban Forces Trading Shift for Europe's Biggest Stocks Investors and traders moved quickly to shift trading of Europe’s largest stocks from London to Switzerland after a major diplomatic breakdown threaten...
19:48, 07/01/2019

Square Faces Lawsuit Over Misfired Medical Receipt A California man accused Square of violating privacy laws after the payments company mistakenly forwarded a digital receipt containing details of his ...
19:48, 07/01/2019

Nobody Cares About Your FICO Score in Prison Cyber-incompetence isn’t a crime, and identity thieves rarely get caught. But now a least one senior executive, former Equifax U.S. Information Soluti...
19:48, 07/01/2019

OPEC Agrees to Keep Output-Cut Pact Into 2020 OPEC agreed to roll over its production cuts and extend them into the first quarter of 2020, the cartel’s officials said, but the new pact comes at th...
19:48, 07/01/2019

BitMEX: A bitcoin journey from bags of cash to the Cheung Kong Center Arthur Hayes felt the golden days of finance had gone by the time he got started in investment banking in Hong Kong – until cryptocurrency gave him th...
19:32, 07/01/2019

Oil Leads Commodities' Rally on Trade Truce, OPEC Cuts Commodity prices rose after the U.S. and China agreed to restart trade negotiations, reflecting investors’ cautious relief surrounding relations betwe...
13:00, 07/01/2019

Get a Lift With The Elevator Industry United Technologies and Thyssenkrupp’s plans have put two cornerstones of an attractive capital-goods industry in play for the first time in years, li...
13:00, 07/01/2019

Stocks, Oil, Yuan Rally on Relief at Trade Truce Stocks, oil and the Chinese yuan rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington. Traders and analysts called t...
06:48, 07/01/2019

U.S. Deals Lead the Way as Rest of the World Lags Behind A flurry of mergers and big initial public offerings in the U.S. make it the runaway success story in global deal making, standing in contrast to slug...
23:32, 06/30/2019

Even $1 Trillion Can't Make the World a Better Place Norway’s large sovereign-wealth fund reversed its ethical ban on owning shares in five companies after they changed their ways. But the cause and effe...
23:32, 06/30/2019

This Fund Is Riding Bitcoin to Top Bitcoin is booming again. One of the biggest beneficiaries is Grayscale Bitcoin Trust, a fund that provides everyday investors with access to the worl...
16:48, 06/30/2019

Bitcoin's Surge Leaves Smaller Digital Currencies in the Dust One key difference between this year’s bitcoin climb and the last big rally is what has happened to other cryptocurrencies: they haven’t done as well....
16:48, 06/30/2019

Tesla's Big Quarter Won't Be Cause for Celebration The next catalyst for the electric-car pioneer will be its second-quarter vehicle-deliveries report this week. Even a strong number won’t put concerns...
17:16, 06/29/2019

Market High from Trump-Xi Trade Truce May Not Last A number of assets are likely to react positively to the outcome of this weekend’s trade talks between the U.S and China, but financial markets may no...
14:48, 06/29/2019

Trade Truce a Relief to Markets---For Now Stocks and other risky assets are likely to enjoy a brief rally after the emergence of what appears to be a U.S.-China trade truce, analysts said. How...
14:48, 06/29/2019

Big Corn Crop Estimate Startles Markets The Department of Agriculture projected more corn acreage was planted this spring than last year despite record wet weather, sending corn futures shar...
04:32, 06/29/2019

Treasury Yields Decline for Third Quarter in a Row U.S. government-bond yields fell for a third consecutive quarter, reflecting how worries over slowing growth and global trade have boosted investor de...
04:32, 06/29/2019

The OPEC Head Who Wants to Talk to Everybody Mohammad Barkindo has transformed what had been a largely technical position, envisioning the cartel as a kind of U.N. of oil producers that doesn’t s...
19:48, 06/28/2019

Investors Are Too Thirsty for Utility Stocks It is hard to know whether to like the stock market when economic data remain decent but geopolitical tensions flare up, so investors have found a com...
19:48, 06/28/2019

Troubled Boeing Is Still a World-Beater Big menus may have fallen out of favor in restaurants, which now tend to rely on a few crowd-pleasers. But they are still the likely path to success f...
19:48, 06/28/2019

Star Manager Woodford Pledges to Cut Borrowing A fund run by star investor Neil Woodford is aiming to slash its debt and pledged to recruit more independent directors to its board while it attempts...
19:48, 06/28/2019

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-migh...
19:48, 06/28/2019

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks i...
19:48, 06/28/2019

Natural Gas on Track for Best Week Since January Natural-gas prices climbed for the fifth time in six sessions, heading for their largest weekly advance since January as traders position for warm sum...
19:48, 06/28/2019

Goldman Sachs, Ally Financial Beat the Fed to a Rate Cut Goldman is cutting the rate on its Marcus high-yield savings account to 2.15% from 2.25%, following Ally’s decision to lower its online-savings rate t...
19:48, 06/28/2019

Apple Shares Fall as Design Chief Jony Ive Plans Exit Apple Inc. shares ticked lower after the iPhone maker said its design chief Jony Ive is leaving the company later this year to form his own independen...
19:48, 06/28/2019

Once a Lonely Bond Bull, HSBC's Steven Major Takes Stock of This Year's Rally Steven Major’s contention that longer-term structural issues would suppress yields has made him one of the most-bullish analysts in the U.S. Treasury ...
19:48, 06/28/2019

RealReal Climbs in Trading Debut Online marketplace RealReal’s shares soared in its first day of trading, following a wave of technology companies entering the public markets this yea...
19:48, 06/28/2019

Saba Can Nominate Slate to BlackRock Fund Boards, Delaware Court Says Saba Capital Management LP, a $1.7 billion hedge fund, will be allowed to nominate outsiders to the boards of two BlackRock Inc. closed-end funds, a D...
19:48, 06/28/2019

Rice Brothers Get Boost From Proxy Adviser in EQT Fight Natural-gas producer EQT was dealt a blow in its attempt to fend off a pair of brothers seeking control of its board, as an influential proxy adviser ...
19:48, 06/28/2019

Former Abraaj Private-Equity Executive Pleads Guilty to Fraud A former Abraaj Group executive pleaded guilty in New York to engaging in racketeering and fraud at what was once the world’s largest emerging-markets...
19:48, 06/28/2019

Stocks Set to End a Volatile Quarter Higher Stocks are on track to notch solid gains in a second quarter defined by an escalation in the U.S.-China trade fight and a perceived shift in the Feder...
19:48, 06/28/2019

Asia: Three decades of corporate achievement Asiamoney has recognized the most impressive companies across Asia-Pacific for the last three decades, publishing the Best Managed Companies Awards, t...
11:16, 06/28/2019

30 years of capital market progress Asia Pacific used to be an afterthought for global banks, but thanks to China, it is now one of the world’s most important financial regions. Where on...
11:16, 06/28/2019

Financial markets: What's next for China? In 30 years, China has gone from a backward command economy to a global superpower, but what will the next 30 hold? Asiamoney picks 10 factors to watc...
11:00, 06/28/2019

Capital markets: Nepal seeks the right rating Chaos and upheaval in Nepal have given way to growth and stability, and investors have taken note. Capital is flowing in from India and China, while t...
11:00, 06/28/2019

Taiwan's finance system: Not-so-crazy, rich and regulated Over the last 30 years, Taiwan has become very wealthy – is that in spite of, or because of, the pariah island’s tightly restricted financial system? ...
11:00, 06/28/2019

China: Three decades, six leaders As part of Asiamoney’s 30th anniversary coverage, we have selected six key individuals who have contributed more than most to the development of banki...
11:00, 06/28/2019

A fintech experiment succeeds in Hong Kong Ex-Citibanker Simon Loong is playing a long game – he has assembled some powerful backers for his Hong Kong fintech and now, armed with a new virtual ...
11:00, 06/28/2019

Nepal financial inclusion: Banking on top of the world Nepal’s government wants everyone to have access to a bank and has ordered a branch in each of the country’s 753 districts. Asiamoney journeys to one ...
11:00, 06/28/2019

Asiamoney China gold awards 2019 The inaugural Asiamoney China Gold Awards seek to recognise Chinese banks that have excelled in serving corporate and retail clients in the gold marke...
07:48, 06/28/2019

IPO Buyers Think Big With Addressable Markets Today Fido’s gluten-free dog biscuits, tomorrow the world! Investors in recent initial public offerings are being charmed by claims to potential addre...
06:32, 06/28/2019

State Street to Pay $88 Million Settlement for Overcharging Clients State Street Corp. agreed to pay $88 million to settle the top U.S. securities regulator’s allegations that the custody bank overcharged its investmen...
06:32, 06/28/2019

Gold Loses Some Luster Ahead of Summit Gold prices retreated from multiyear highs Thursday, as investors awaited the outcome of trade discussions between U.S. and Chinese leaders at the Gro...
06:32, 06/28/2019

Inflation Bonds Rally Without Inflation, Signaling Fed Bets Demand is surging for U.S. government bonds that have returns adjusted for the rate of inflation, even as investors have grown increasingly skeptical ...
06:32, 06/28/2019

Democrats' Comments Give Health-Care Stocks a Stronger Pulse Beaten-down health-care stocks are seeing some relief after most Democratic presidential candidates shied away from forcefully endorsing plans to nati...
06:32, 06/28/2019

Sapphire Reserve Strains JPMorgan's Ties With United Airlines JPMorgan’s Sapphire Reserve has been a hit with frequent travelers and big spenders since its launch nearly three years ago. That is a problem for Uni...
06:32, 06/28/2019

Bank of Mexico Maintains Interest Rates in Split Vote The Bank of Mexico kept interest rates unchanged Thursday in a split decision, citing risks for inflation from both domestic and external sources and ...
06:32, 06/28/2019

North Carolina Regulators Seize Control of Life Insurers Owned by Greg Lindberg North Carolina’s insurance department seized control of a group of troubled life insurers owned by Greg Lindberg, who was arrested in April on federal...
06:32, 06/28/2019

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build gra...
15:32, 06/27/2019

Cannabis Investors Are Zoning Out About Supply Cannabis can’t cross state lines today, but should federal laws change, high-cost growers and areas with less favorable climates for cannabis growing ...
15:32, 06/27/2019

Bond Fight Pits Main Street Against Wall Street A rebellion is brewing in the $9 trillion corporate-bond market, as an unlikely alliance of municipal treasurers, algorithmic-trading specialists and ...
15:32, 06/27/2019

Former Hong Kong Exchange Official Arrested in Graft Probe Hong Kong’s anticorruption watchdog arrested a former high-ranking official at the city’s stock exchange for allegedly rigging the approval system for...
15:32, 06/27/2019

Russell Rebalancing Promises Trading Frenzy A surge in trading is expected Friday as stocks are added to and dropped from FTSE Russell’s U.S. benchmarks. During last year’s rebalancing, about $1...
15:32, 06/27/2019

Trump and Xi Have Reason to Step Back From the Brink Both the U.S. and China are heading into the G-20 loudly proclaiming they don’t need a deal. The reality is that both economies have already suffered ...
15:32, 06/27/2019

European Stocks Edge Lower Amid Weak Data U.S. stock-index futures were mixed, while aircraft maker Boeing tumbled in premarket trading after news that regulators identified a new software pro...
15:32, 06/27/2019

Oil Jumps on Supply Concerns, as Stockpiles Fall by Most Since 2016 Oil prices extended their gains Wednesday after U.S. oil inventories had their biggest one-week drop since 2016 and investors shifted their focus to s...
00:16, 06/27/2019

Philadelphia Refinery, Largest on East Coast, Closing Its Doors The Philadelphia Energy Solution refinery, the largest and oldest refinery on the East Coast, is shutting down and will be put up for sale, less than ...
22:00, 06/26/2019

Why This Time Is Different for CBS and Viacom The media companies have previously faced obstacles to merging, but conditions have changed. Just because a merger hasn’t worked out before doesn’t me...
19:16, 06/26/2019

China's Inward Tilt Could Cripple It China’s leaders say they don’t need rapid export growth—or a trade deal—to keep the economy humming. If the nation wants to solve its debt problem and...
19:16, 06/26/2019

Key Chinese Lending Rate Hits Lowest Since 2009 Short-term borrowing costs between Chinese banks dropped to their lowest levels in a decade, as regulators sought to reassure markets that were spooke...
19:16, 06/26/2019

Japan's Banks Squeezed by Zero-Yield Experiment A few years after the Bank of Japan fixed the yield of the 10-year government bond to around zero to encourage economic investment, market demand has ...
19:16, 06/26/2019

Giant Investors Are Coming After One of Wall Street's Cash Cows Wall Street’s role as matchmaker between big money managers and corporate executives is under threat as several large investing firms are banding toge...
19:16, 06/26/2019

Treasury Yields Rebound on Trade Hopes U.S. government-bond yields rebounded from a recent slide, boosted by bets that a potential trade agreement between Beijing and Washington could lift ...
19:16, 06/26/2019

Backer of Well-Known Hedge Funds Shuts Down Boston-based Adamas Partners, a $1.7 billion investment firm that invested in hedge funds including Baupost Group and Farallon Capital Management, is ...
19:16, 06/26/2019

China debt: Baoshang bailout rattles lenders The move prompts questions about which other banks could be at risk, and forces the central bank to guarantee Bank of Jinzhou’s issuance of short-term...
11:48, 06/26/2019

China bond market: Dodgy numbers undermine ratings China has made great strides in developing its bond market, but bankers and credit analysts admit there are still big problems with the accuracy of fi...
11:48, 06/26/2019

Is Cryptocurrency Ready for Stephen Moore? Pundit Stephen Moore didn’t get onto the Federal Reserve Board, but he has joined a “decentralized central bank” that hopes to tame cryptocurrencies l...
01:00, 06/26/2019

Gold Rally Picks Up Steam as Investors Pile In The most-active gold futures contract rose more than 1% Tuesday to $1,435 a troy ounce, heading for a fresh six-year high as investors anticipate lowe...
01:00, 06/26/2019

Treasury Yields Decline Following Weak Economic Data The yield on the 10-year Treasury note fell to its lowest level in more than 2½ years Tuesday after weak U.S. economic data bolstered the case for the...
01:00, 06/26/2019

Nestlé, Novartis Among Companies at Risk of London Trading Ban Switzerland and the EU are at loggerheads over an overhaul of the complex ties that have guided the relationship for decades. The ability of some inve...
01:00, 06/26/2019

Energy Stocks Diverge From Oil Prices Energy shares are sliding this week despite oil’s climb—a divergence some analysts say could last if geopolitical tensions in the Middle East continue...
01:00, 06/26/2019

Deutsche Bank's Equities Chief Expected to Leave Deutsche Bank’s global head of equities is expected to leave the bank, the latest move in a planned downsizing of the German lender’s investment bank,...
15:32, 06/25/2019

Argentina: It’s time to take money off the table Argentina’s politicians have played their cards for the coming presidential election – Cristina Kirchner surprised everyone by lining up behind Albert...
15:16, 06/25/2019

Facebook's Pricey Ad Spend May Not Impress Facebook plans to spend big to revamp its image with users. But while the social media giant has made its fortune selling other companies’ ads, its ow...
14:16, 06/25/2019

The Loan That Fueled a Star Investor's Risky 'Illiquid' Bets U.S. financial giant Northern Trust could be on the hook for losses related to the unraveling of a star U.K. fund manager, in a case that is drawing a...
14:16, 06/25/2019

Is There a Big Short in Bitcoin? Hedge funds and other big traders are betting that bitcoin will fall, even as the digital currency has risen above $10,000 on a new wave of crypto-opt...
14:16, 06/25/2019

Stock Exchanges Accuse Government of Ethics Lapse in Market-Data Fight The New York Stock Exchange and Nasdaq accused a senior regulator who supervises them of having ethical conflicts, raising the ante in a battle with W...
12:48, 06/25/2019

Olympic Games Are Getting More Competitive for Advertisers The Olympic Games remain advertising gold—so much so that exclusive sponsorship deals are becoming much costlier for the world’s most powerful compani...
12:48, 06/25/2019

Shelly Porges on Creating a Business Worthy of Investment Shelly Porges—co-founder of The Billion Dollar Fund for Women, a global consortium of venture funds for women-founded firms—explains what separates a ...
02:00, 06/25/2019

Bigger Is Better in U.S. Stock Market In the past 12 months, the Russell 2000 index of small-cap stocks has lost 8.5%, compared with the S&P 500, whose 7.2% rise has been driven by Faceboo...
22:32, 06/24/2019

PG&E Bond Prices Jump, While Shares Dip PG&E bond prices surged in heavy trading even as shares slipped, a divergence that some analysts said reflects uncertainty about how much new equity t...
22:32, 06/24/2019

Investors Play Offense With Defense-Focused Stocks The U.S. may have held off on an airstrike against Iran in favor of sanctions, but U.S. stock investors are decidedly choosing aerospace and defense....
22:32, 06/24/2019

Investors Are Glum, Even With Stocks at All-Time Highs The share of individuals who say they expect U.S. stocks to rise over the next six months has held below 30% for six consecutive weeks. Some analysts ...
19:16, 06/24/2019

Mortgage Bond That Vanished Is Back A unit of private-equity firm Cerberus has issued debt secured by home-equity lines of credit. The securities received a triple-A rating from four age...
19:16, 06/24/2019

One of the Best Investments in History Becomes a Headache One of the best investments of all time has become a big financial headache. Tencent’s anchor shareholder has a curiously incomplete plan to manage th...
19:16, 06/24/2019

Stocks to Watch: Caesars, Bristol-Myers, Carnival, and More Caesars Entertainment, Bristol-Myers Squibb, Carnival, and FedEx are some of the companies with shares expected to trade actively in Monday’s session....
19:16, 06/24/2019

China's Money-Markets Strains Ease, but System Is Still Vulnerable to Shocks Signs of funding stress in China’s money markets have abated after the country’s financial regulators urged banks and brokerages to restore calm, but ...
19:16, 06/24/2019

Bristol-Myers' Celgene Deal Can Still Be a Winner Bristol-Myers Squibb faces a new obstacle in closing the acquisition of rival Celgene: It will divest itself of psoriasis treatment Otezla to satisfy ...
19:16, 06/24/2019

Stock Market's Record Isn't a Reason to Worry With the S&P 500 reaching a fresh high again last week the obvious worry is that investors are getting overenthusiastic. But glance at the stocks that...
19:16, 06/24/2019

Slack: Direct listings are a bit more like IPOs than you think A lack of underwriting or stabilization certainly makes Slack’s route to market different to the norm, but don’t be fooled into thinking there’s no ol...
17:00, 06/24/2019

World Economy Comes to Grips With Bond-Yield Plunge Investors, companies and central banks are adjusting to the sudden drop in bond yields, which many see as a sign of imminent recession or a long perio...
22:00, 06/23/2019

Indexing Giant Vanguard Examining a Push Into Private Equity Vanguard Group has had exploratory discussions with a handful of private-equity firms as the indexing giant considers whether to push further into alt...
18:48, 06/23/2019

Facebook's Libra is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions abou...
12:16, 06/23/2019

Global Central Bank Shift Eases Drag on Chinese Currency Shifts toward easier monetary policy by central banks in the U.S. and Europe have reduced some of the downward pressure building on China’s currency....
19:48, 06/22/2019

It's Not Too Late for Bayer to Heal Shares of chemicals and pharmaceuticals giant Bayer have been laid low by legal liabilities from its deal for Monsanto, but the situation is likely to...
19:48, 06/22/2019

For Ponzi Victims, the Aftermath Is Long When frauds collapse, trustees sweep in to help investors get back some of what they lost; in some cases, investors wait almost a decade for their fir...
06:32, 06/22/2019

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of...
00:32, 06/22/2019

Stocks to Watch: UnitedHealth, PayPal, Sprouts Farmers Market, and More Companies with shares expected to trade actively in Friday’s session include UnitedHealth, PayPal, Sprouts Farmers Market, Walmart, and LSC Communicat...
21:00, 06/21/2019

Philadelphia Refinery Rocked by Large Explosion, Fire A large explosion and fire erupted at an oil refinery in south Philadelphia on Friday, officials said, adding there were no significant injuries and t...
21:00, 06/21/2019

The World Doesn't Need Trouble in Chinese Steel The world’s largest steel industry is being squeezed between rising iron-ore costs and falling steel prices. More trouble for global steelmakers and C...
13:48, 06/21/2019

Global Stocks Tread Water After S&P Record European stocks were largely flat as geopolitical risks prompted a return to safer assets for some investors and profit-taking for others after a run ...
12:16, 06/21/2019

Stocks Are Sitting Pretty Heading Into Summer Stocks are on pace for their best June in more than a half-century. Despite lingering trade tensions and questions over Federal Reserve policy, the S&...
12:16, 06/21/2019

Hating the Fed Is as American as Apple Pie When President Trump complains about the Federal Reserve, he’s taking part in a tradition of central-bank bashing that stretches back to America’s fou...
12:16, 06/21/2019

Former UBS Banker in China Convicted in Cross-Border Insider Trading Case A former banker from UBS’s Shanghai office was sentenced to nine years in prison in a case involving leaks about a $6.3 billion takeover by Cosco Ship...
12:16, 06/21/2019

Art Looks Better in Private Collections The sale of Sotheby’s this week to a French billionaire takes one of the few listed art companies off the market. But such stocks haven’t lived up to ...
12:16, 06/21/2019

Quadriga Founder Spent Client Money, Bankruptcy Monitor Says The court-appointed monitor for bankrupt QuadrigaCX said the Canadian cryptocurrency exchange’s late founder took most of the money entrusted to him b...
05:00, 06/21/2019

OYO Plans to Dominate the Hotel Industry---on a Budget Indian hotel chain OYO has expanded to 74 countries since it opened in 2013, touting its ‘comfort design’ and ‘hard-to-ignore prices.’ Customer review...
22:00, 06/20/2019

Gold's Run Signals Worrying Future Gold has hit an almost six-year high after the Federal Reserve signaled that it was willing to lower interest rates. If rates continue to fall, expect...
22:00, 06/20/2019

Blame Brexit for Carnival's Sinking Shares Cruise operator Carnival Corp. was the worst performer in the S&P 500 on Thursday as the company’s financial results were hit by Brexit and other poli...
22:00, 06/20/2019

Slack Set for Its Trading Debut Slack Technologies is set to begin trading on the New York Stock Exchange Thursday, jumping into an initial-public-offering market that has been hot f...
16:48, 06/20/2019

China's Dalian Wanda Plans Singapore REIT Listing Chinese conglomerate Dalian Wanda is planning to list a real-estate business in Singapore, in a deal that could value that collection of properties at...
15:16, 06/20/2019

Beware of Tremors in China's Commercial Property Market Things are getting worse in the Chinese commercial property market. Given the fragility of China’s opaque financial system, investors would be wise to...
15:16, 06/20/2019

Fannie and Freddie's Latest Push: Factory-Built Homes The gatekeepers of America’s housing market, Fannie Mae and Freddie Mac, want to make it more affordable to buy a manufactured home. So far, they have...
15:16, 06/20/2019

A 10-Year Treasury Yield Below 2% Is Something Almost Nobody Saw Coming Yields that have hit multiyear lows reflect the difficulties central bankers face in normalizing monetary policy after a decade of unusually easy mone...
15:16, 06/20/2019

UBS 'Chinese Pig' Apology Doesn't Fly A week after a UBS economist’s offhand comment about pigs in China morphed into an online scandal, the bank is still feeling the pain in one of its mo...
15:16, 06/20/2019

Investors Dodge Global Worries in Currencies of Egypt, Ukraine Investors are snapping up exotic currencies like the Egyptian pound and Ukrainian hryvnia as they seek assets with little correlation to global market...
15:16, 06/20/2019

Stocks Extend Gains After the Fed Hints of Interest Rate Cut Global stocks and commodities rallied while Treasury yields dipped after the Federal Reserve suggested it would cut interest rates if the economic out...
15:16, 06/20/2019

ESG: green bonds have a chicken and egg problem Everyone wants to buy green bonds but many issuers, concerned about cost and complexity, don’t want to sell them. Non-green issuers could be all too r...
13:00, 06/20/2019

Fed, Congress Promise Scrutiny of Facebook Cryptocurrency The social network began to learn how Washington will check its push into digital currencies, with leaders of the Federal Reserve and an influential S...
02:48, 06/20/2019

Do Investors Really Want This Fed Rate Cut? Investors betting that the Fed will almost certainly cut rates next month and twice more in 2019 following Wednesday’s meeting should consider what so...
00:16, 06/20/2019

Will the June Fed Meeting Buck the Trend for Stocks? Markets are on tenterhooks ahead of Wednesday’s Federal Reserve policy decision, and it is not hard to see why. Fed days haven’t been good for stocks ...
20:48, 06/19/2019

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role respon...
20:48, 06/19/2019

Thank Boeing for the Dow's Latest Rise The Dow Jones Industrial Average is within striking distance of a record, thanks to a stock that had been one of its biggest laggards earlier this yea...
20:48, 06/19/2019

Oil Wavers As Oversupply Concerns Ease Oil prices wavered between gains and losses on Wednesday as concerns about oversupply were mitigated by government data showing a decline in U.S. prod...
20:48, 06/19/2019

Treasury Yields Fall After Fed Decision U.S. government bond yields dropped Wednesday after the Federal Reserve held interest rates steady but hinted it would cut rates in the months ahead i...
20:48, 06/19/2019

Green bonds have a chicken and egg problem Everyone wants to buy green bonds but many issuers, concerned about cost and complexity, don’t want to sell them. Non-green issuers could be all too r...
19:16, 06/19/2019

Facebook's Crypto Plan Borrows From China The Chinese precedents suggest the social-media giant needs to focus less on crypto engineering and more on improving the use case for its new currenc...
16:00, 06/19/2019

Bond Investors Get New Tools to Speed Up Trading Electronic bond-trading platforms are racing to expand their offerings as traders demand greater integration of the technology that is transforming ho...
16:00, 06/19/2019

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platfo...
11:16, 06/19/2019

European Stocks Waver Ahead of the Fed European stocks edged lower Wednesday after a positive session in Asia where markets welcomed upbeat comments on trade from President Trump and the pr...
10:00, 06/19/2019

Markets Bet on Fed Rate Cut---but Goldman, UBS Don't Agree Despite the market’s conviction, analysts from Goldman Sachs to Bank of America doubt the Fed will cut rates this summer. As the central bank kicks of...
00:32, 06/19/2019

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh cent...
00:32, 06/19/2019

Warning Lights Are Flashing In China's Money Market Risk aversion in China’s money markets appears to be spreading following defaults on short-term bond repurchase agreements and worries about bank cred...
00:32, 06/19/2019

GM Terminated the Hummer. Will it Be Back? Arnold Schwarzenegger helped to popularize GM’s Hummer before the model was discontinued when the auto maker exited bankruptcy nearly a decade ago. No...
00:32, 06/19/2019

Moj Mahdara on Putting Finances Before Beauty It’s time for women to speak freely about their finances, says Moj Mahdara, an entrepreneur and chief executive of BeautyCon Media Inc., in WSJ’s Secr...
00:32, 06/19/2019

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
00:32, 06/19/2019

Markets Weigh Up Draghi Versus Trump European monetary policy erupted into a war of words. For now, markets seem to be listening most closely to European Central Bank chief Mario Draghi....
00:32, 06/19/2019

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment ba...
00:32, 06/19/2019

Lumber Prices Climb on Cutbacks at Canadian Sawmills Lumber prices continued their sharp climb in June after North America’s largest producer said it would close one mill in British Columbia and eliminat...
00:32, 06/19/2019

Government Bonds Rally as ECB Signals Easing Soon Government-bond yields around the world fell to fresh lows for the year after European Central Bank President Mario Draghi said the bank could soon ad...
00:32, 06/19/2019

Energy Stocks and Bonds Follow Oil Lower The recent slide in oil prices has prompted investors to scale back on shares and bonds of energy companies when markets broadly remain strong—a diver...
00:32, 06/19/2019

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at lea...
00:32, 06/19/2019

China Cracks Down on Canadian Pork Canada said China has banned imports from a Canadian pork company, weeks after Canadian officials warned the meat industry of heightened Chinese scrut...
00:32, 06/19/2019

Fed Stimulus Just Ain't What It Used to Be Unnerved by mounting risks to the U.S. economy, the Federal Reserve is considering lowering interest rates. Rate cuts might not provide the economy wi...
01:16, 06/18/2019

Chinese Regulators Try to Calm Fears of a Funding Squeeze Chinese regulators made fresh attempts to calm frayed nerves in the country’s financial sector, as bank liquidity remained tight by some measures thre...
01:16, 06/18/2019

Bitter Reality Is Setting in for Europe's Airlines So much for hopes that European airlines will finally put their house in order and rival the profitability of U.S. peers. A big profit warning from Lu...
01:16, 06/18/2019

Bitcoin Tops $9,000 as Crypto Rally Trounces Stocks, Bonds, Gold and Oil The price of bitcoin rose above $9,000 to a 13-month high, extending a rebound that has made cryptocurrencies far outperform traditional asset classes...
01:16, 06/18/2019

KPMG Agrees to Pay $50 Million Penalty Tied to Misconduct Allegations KPMG agreed to pay $50 million to settle allegations that former employees got an unlawful sneak peek at regulators’ plans to inspect its work and aud...
01:16, 06/18/2019

Growth Fears Override Supply Squeeze for Beaten-Down Copper A work stoppage at a huge Chilean mine has failed to boost copper prices, indicating that investors are wary of betting on growth-sensitive commoditie...
01:16, 06/18/2019

Meat Producers Hit on Flooding Concerns U.S. meat producers’ pain worsened Monday, as their shares were hurt by fears about how persistent flooding is affecting crops they rely on for feed....
01:16, 06/18/2019

Ripple to Invest Up to $50 Million in MoneyGram Ripple, a startup behind the XRP cryptocurrency, agreed to invest up to $50 million in MoneyGram International in a deal that stands to rank among the...
01:16, 06/18/2019

Stocks Climb Ahead of Central-Bank Meetings U.S. indexes edged higher ahead of central bank policy meetings around the world as investors continue to bet the Federal Reserve will slash interest ...
01:16, 06/18/2019

Blank-Check Boom Hits Snag The Securities and Exchange Commission is cooling off the race to bring more blank-check companies to U.S. investors, after a string of controversial ...
01:16, 06/18/2019

New Fundraising Channel for China Inc. Opens in London Share-backed instruments from one of China’s biggest brokerages began trading in Britain, under a just-launched program linking markets in Shanghai an...
01:16, 06/18/2019

Loan Market Splits Between 'Haves and Have-Nots' Some lower-rated businesses are being forced to pay up to complete new debt offerings even as others attract robust demand for their bonds and loans, ...
01:16, 06/18/2019

Lost in translation: Has a comment on pigs cost UBS a bond deal? A UBS economist made an innocuous comment about swine flu in China, and five days later a belief among Chinese speakers that he used a racist term has...
12:48, 06/17/2019

Oil's Slide Highlights Global-Growth Fears Oil prices have remained soft this month despite rising geopolitical tensions and threats of supply disruptions, the latest sign that investors fear t...
08:00, 06/17/2019

Corporate Bonds Give Reassuring Signals Amid Market Jitters Solid demand for U.S. corporate bonds is signaling a reasonable amount of optimism from a group of investors known for their caution—a development tha...
08:00, 06/17/2019

ArisGlobal Sells Majority Stake to Europe's Nordic Capital European buyout firm Nordic Capital has agreed to acquire a majority stake of U.S.-based ArisGlobal, in a deal that values the life-sciences software ...
23:16, 06/16/2019

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings an...
21:00, 06/16/2019

Markets Send Mixed Signals on Trade Battle Markets are sending conflicting signals about how big a threat the global trade rift presents, underscoring the difficulty investors face in sizing up...
20:00, 06/16/2019

Calpers' Dilemma: Save the World or Make Money? The California Public Employees’ Retirement System was one of the first public pensions to tie its investments to social activism. Now it is having se...
20:00, 06/16/2019

Alleged 1MDB Co-Conspirators Sentenced to Prison Two prominent figures in a global Malaysian sovereign-wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, acc...
12:00, 06/16/2019

Auto Consolidation Is Vital but Needs a Crisis Most successful auto mergers are born of crisis. Even if Fiat Chrysler finds a deal with Renault, investors shouldn’t expect a broader consolidation w...
16:48, 06/15/2019

FX Survey 2019: Results index Euromoney magazine has released the results of its 41st annual foreign exchange ranking, the most comprehensive quantitative and qualitative annual st...
03:16, 06/15/2019

High-Speed Traders Back Exchanges in Fight With SEC Three big high-speed trading firms asked a federal court to halt a SEC initiative that would limit the rebates that stock exchanges pay to attract inv...
23:00, 06/14/2019

London Metal Exchange Bans Daytime Drinking by Traders The London Metal Exchange, a 142-year-old trading venue where traders set prices for metals by shouting orders across a ring of red sofas, has banned ...
23:00, 06/14/2019

Dueling Bond Markets Send Mixed Message on Risk U.S. bond markets sent mixed signals about risk as investors jumped back into funds that buy risky corporate debt, while Treasury bond yields hovered ...
23:00, 06/14/2019

Record Low Inflation Expectations Bolster U.S. Government Bonds Treasury prices are rising again Friday, with the 10-year yield briefly falling below 2.08% amid an inflation sentiment reading that touched a record ...
23:00, 06/14/2019

Investors Find Blue Apron Split Hard to Digest A reverse stock split may not be the right recipe for beleaguered meal-kit company Blue Apron Holdings. Its shares dropped more than 10% cents a day a...
23:00, 06/14/2019

Stocks Slip as Middle East Tensions Boost Haven Assets Global stocks fell and investors rushed into bonds, gold and other haven assets as rising tensions in the Middle East added to concerns over growth an...
14:48, 06/14/2019

Gold Jumps to 14-Month High Prices of the precious metal climbed as concerns about the health of China’s economy hit riskier commodities and tensions in the Middle East boosted h...
13:16, 06/14/2019

The Market's Inflation Expectations Aren't Making Sense Inflation expectations implied by the price of financial assets are a key guide for central bankers and investors alike. Seeing how they have behaved ...
13:16, 06/14/2019

Analysts sound warnings on South Korea’s risks Economic deterioration and foreign-policy obstacles present tough political challenges for the president and DPK ahead of legislative elections next y...
12:16, 06/14/2019

Oil Demand Takes a Hit From Cooling Economic Growth A cooling global economy could mean slower oil demand growth in 2019 even while oil producers maintain plentiful supply, the International Energy Agen...
10:48, 06/14/2019

KPMG to Pay as Much as $50 Million to Settle SEC Probe KPMG is preparing to pay as much as $50 million to settle civil claims related to the conduct of former partners who learned which of their audits wou...
04:32, 06/14/2019

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media gi...
04:32, 06/14/2019

New Fund for Southeast Asia Tech Hits First Close A new Southeast Asia-focused private-equity firm launched by a group of seasoned technology executives has hit the first close of its debut fund, the ...
03:16, 06/14/2019

Former Fidelity Manager, Accused of Harassment in 2017, Plots a Comeback One of Fidelity Investments’ star stock pickers left the firm in 2017 following allegations of sexual harassment. Nearly two years later, he’s attempt...
01:16, 06/14/2019

Abraaj Founder Accused of Misappropriating More Than $250 Million as Probe Widens U.S. prosecutors accused Abraaj Group founder Arif Naqvi of misappropriating more than $250 million in a widening investigation into the world’s bigge...
01:16, 06/14/2019

CrowdStrike Joins Cybersecurity Winning Streak All the fretting about online privacy and security is paying off for some investors. Shares of cybersecurity company CrowdStrike jumped on their secon...
01:16, 06/14/2019

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold ...
20:00, 06/13/2019

BlackRock Splits Leadership Roles at European Stock-Picking Unit BlackRock is installing a new boss at its European stock-picking arm as the Wall Street behemoth looks to boost returns and assets in that part of its...
20:00, 06/13/2019

A Tanker War Would Rock the Oil Market Oil prices briefly surged following attacks attributed to Iran near the Strait of Hormuz, and comparisons to the ineffective Tanker War of the 1980s s...
20:00, 06/13/2019

Some Restaurants Get Served in Delivery Boom Food-delivery companies like DoorDash, Grubhub and Uber Eats continue to grow their business and gain market share, but not all restaurants are benefi...
16:32, 06/13/2019

The World Cries Out for Onion Derivatives The cost of onions is causing tears in India. An onion futures market, which would damp volatility in the price of the aromatic bulb, might help dry t...
16:32, 06/13/2019

HSBC Carves Special Role as Banker to the Saudis When Saudi Arabia wanted to demonstrate it was open again for global investors after the killing of journalist Jamal Khashoggi, officials turned to a ...
16:32, 06/13/2019

If the Fed Cuts, History Provides Guide to Market Impact The consensus view is that the Federal Reserve will cut interest rates soon as a form of insurance against persistently low inflation. Fed behavior pa...
16:32, 06/13/2019

Utilities, Other 'Safety' Stocks Rise Alongside Market Uncertainty The latest rise in the stock market has been helped along by so-called safety stocks, signaling a shift among investors toward seeking certainty as tr...
16:32, 06/13/2019

Oil Jumps After Tanker Attacks in Middle East Crude prices climbed sharply after an attack on two oil tankers in the Gulf of Oman, close to the Strait of Hormuz, where over a third of the world’s ...
16:32, 06/13/2019

Hong Kong Interbank Rates Hit Highest Since 2008 The rates at which Hong Kong’s banks lend to one another surged to levels last seen during the global financial crisis, but economists said seasonal s...
12:00, 06/13/2019

Global Stocks Edge Up Amid Questions on Fed Policy Stocks mostly rose as investors weighed the chances of a U.S. interest-rate cut after data showed the nation’s inflation was weaker than expected. Cru...
12:00, 06/13/2019

Employers Help Workers Set Up Emergency Savings Accounts Levi Strauss, SunTrust and Kroger are among firms encouraging workers to set aside funds as financial stress hurts productivity and diverts retirement...
12:00, 06/13/2019

Jerry Jones Is Betting on Natural Gas. Should You? U.S. natural gas prices have fallen to three-year lows at a time of year when they should be rising, but the billionaire owner of the Dallas Cowboys h...
21:32, 06/12/2019

Muted Inflation Data Provides Further Boost to Treasurys Yields on short-term U.S. government bonds fell Wednesday after another set of tame inflation data bolstered investors’ expectations that the Federal ...
21:32, 06/12/2019

Norway Fund Boosts Renewable Energy, Divests Fossil Fuels Norway’s parliament steered its $1 trillion sovereign-wealth fund to pull an estimated more than $13 billion from oil, gas and coal extracting compani...
21:32, 06/12/2019

KKR Doubles Down on House Flippers The investment house has agreed to pump another $250 million into Toorak Capital Partners, which buys short-term loans made to real-estate investors w...
15:48, 06/12/2019

Busy IPO Market Offers Lifeline to Troubled Retailers A thriving market for IPOs is helping ease tensions between a pair of struggling retailers and their lenders, as Neiman Marcus and PetSmart explore se...
15:48, 06/12/2019

Stocks to Watch: United Technologies, Beyond Meat, Sprint, and More United Technologies, Beyond Meat, Dave & Buster’s, TransMedics, Medidata Solutions, Alphabet, Sprint, and Tesla are among Wednesday’s stocks to watch....
15:48, 06/12/2019

U.S. Stocks Open Lower, Extending Losses U.S. stocks opened lower, a day after breaking a weeklong winning streak amid lingering trade tensions and questions over the direction of Federal Res...
15:48, 06/12/2019

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in ...
10:00, 06/12/2019

Cybersecurity Firm CrowdStrike Prices IPO Above Expected Range The company priced its initial public offering above its expected price range, raising $612 million and valuing the company at $6.8 billion, if underw...
10:00, 06/12/2019

China Brokerage's $2 Billion Offering Kick-Starts London Stock Link Chinese brokerage Huatai Securities plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving the postpo...
10:00, 06/12/2019

USDA Cuts Projections for Corn Production to Four-Year Low After Wet Planting Season A key monthly report by the Agriculture Department confirmed the damage done by heavy rainfall in the Corn Belt, reducing expected corn production to ...
01:16, 06/12/2019

Inflation Fears Fade Amid Bond Rally, Rise in Rate Cut Bets Investors’ expectations for inflation have fallen to their lowest levels since the start of the year. The decline has coincided with a sharp rise in t...
01:16, 06/12/2019

Stocks Slip as Investors Weigh Trade Against Monetary Policy U.S. equity markets ticked slightly lower as investors wavered between fears of rising trade tensions and hopes that policy makers will bolster market...
01:16, 06/12/2019

Beyond Meat Shares Lose Some Sizzle Some investors appear to be losing their taste for market darling Beyond Meat. The company’s shares, which have soared more than 400% from their IPO p...
01:16, 06/12/2019

U.S. Oil, Gas Hit Record Production Levels in 2018 The shale revolution powered U.S. oil and gas production in 2018 to the largest annual increases ever recorded by any country, according to energy gia...
17:48, 06/11/2019

Copper Rallies on Chinese Infrastructure Hopes Copper prices rose after Beijing announced new measures to stimulate economic activity in the world’s second-largest economy, extending the metal’s ga...
17:48, 06/11/2019

Beijing Meddles With Hong Kong at Its Own Peril The possibility that residents or visitors could be exposed to the mainland’s opaque judicial system is likely to haunt investors and businesspeople i...
16:48, 06/11/2019

The inside story: The global financial crisis 2008: While the GFC raged, Euromoney had an inside view as politicians on both sides of the Atlantic tried to save the banking system (from the imagin...
11:48, 06/11/2019

The inside story: Going digital – Goldman, AI and the future of bank leadership 2018: Euromoney was involved in the succession planning at Goldman Sachs and proposed a bold experiment in digital banking recruitment (from the imagi...
11:48, 06/11/2019

The inside story: Decoding the CDO black box 2006: In the approach to the 2008 global financial crisis, Euromoney became concerned about hidden risks and complications in the structured credit ma...
04:00, 06/11/2019

Financial markets' inside stories: 50th anniversary special For 50 years Euromoney has provided unique stories on the biggest events in financial markets, and now we can reveal our secret – we were in the room ...
04:00, 06/11/2019

Bank Stocks Climb on Mexico Tariff Delay Stocks of large commercial lenders rose after the U.S.’s decision to hold off implementing trade tariffs on Mexican imports brightened investors’ econ...
21:16, 06/10/2019

Stocks to Watch: Salesforce.com, Insys, United Technologies, and More Salesforce.com, Insys Therapeutics, United Technologies, Barnes & Noble, Dunkin’ Brands, and GameStop are some of the companies with shares expected t...
20:16, 06/10/2019

U.S. Crude Edges Higher After U.S.-Mexico Deal to Avoid Tariffs Oil prices extended a recent rebound, climbing after the U.S. and Mexico reached an agreement to avoid a potentially devastating trade fight that woul...
20:16, 06/10/2019

United Technologies-Raytheon Merger Builds Scale for Scale's Sake The proposed merger between United Technologies and Raytheon to create the U.S.’s second-biggest aerospace-and-defense company should be easy for regu...
20:16, 06/10/2019

Tale of a Bankruptcy Foretold Insys Therapeutics shares fell around 45% on Monday morning after the specialty drug company announced it filed for chapter 11 bankruptcy as it grappl...
20:16, 06/10/2019

Exchanges Shy Away From Mini-IPOs After Fraud Concerns Nasdaq Inc. and the New York Stock Exchange are pulling back from a fast-track IPO process for small companies known as Reg A+, following a spate of e...
20:16, 06/10/2019

Ukraine Plans Euro-Denominated Bond Issue This Week Ukraine is preparing to issue its first international bond under the administration of President Volodymyr Zelensky, a former comedian who was elected...
20:16, 06/10/2019

GameStop Rises but Struggles to Score Shares of the videogame retailer jumped more than 8% on Monday, on track for its best daily performance since January, after saying it would buy back ...
20:16, 06/10/2019

Salesforce Will Have to Keep Paying Up It is no Twitter, but Salesforce.com’s largest deal to date also represents the furthest the cloud software company has ventured out of its comfort zo...
20:16, 06/10/2019

FX: It's co-location, but not as we know it Space constraints in data centres, coupled with cost considerations, have encouraged firms to seek creative solutions to the challenge of getting acce...
15:32, 06/10/2019

Rewrite of Bank Rules Makes Little Progress, Frustrating Republicans Trump-appointed regulators came into office vowing to pare back Wall Street’s postcrisis rulebook. More than two years into the administration, most o...
14:16, 06/10/2019

Millennials Prize Experiences. Now So Do Travel Companies. Forget the thread count, plush bathrobes and white goose-down pillows. A vacation is no longer defined by where you stay, but what you do—at least for...
14:16, 06/10/2019

Global Stocks Gain on U.S.-Mexico Deal Global equity markets ticked up on Monday as investors cheered an immigration deal between the U.S. and Mexico, struck late Friday, which lifted the t...
14:16, 06/10/2019

What Does It Mean When Investors Say, 'Sell the Profit'? In Translation: The term refers to selling stocks in the anticipation that corporate earnings growth is about to slow. Some say it is especially relev...
08:48, 06/10/2019

An ETF Counts on Investors Overreacting Spotlight: Vesper US Large Cap Short-Term Reversal Strategy ETF invests in stocks that have experienced a selloff, but are expected to bounce back qui...
08:48, 06/10/2019

Tough Month Cuts U.S.-Stock Funds' 2019 Gain to 10% In May, all three things that had been boosting stocks in April—positive market outlooks, Treasury yields and optimism about a U.S.-China trade deal, ...
08:48, 06/10/2019

Warren Buffett Likes 'Wide Moat' Stocks. Should You? Investors love the idea of investing in companies with the best brands, reputations and competitive advantages. That has a downside, research suggests...
08:48, 06/10/2019