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Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this year's rally in global markets.
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HONG KONG: Asian markets rose yesterday after slim gains on Wall Street at the end of last week, with G20 finance ministers agreeing at the weekend to keep stimulus measures in place despite signs of global recovery. Asia took its cue from Wall Street which on Friday rose 0.17 per cent despite the disappointing US figures. Investors were also waiting to see how Wall Street will react to earnings ...
The Wall Street Journal has a good scoop on a story showing the connection of Wall Street to the shadier parts of the subprime industry.
Stocks are rising on Wall Street Monday after a weekend meeting of world financial leaders raised hopes for the economy. U.S. stocks are following overseas markets, which are rising after officials from the Group of 20 countries agreed to keep economic stimulus measures in place.
Wall Street surges on recovery measures.
The trial of two former Bear Stearns hedge fund managers went to a jury on Monday, the first high-profile Wall Street executives criminally charged with fraud over subprime mortgage-backed securities that fueled the market meltdown.
LONDON, Nov 9 (Reuters) - Europe shares extended gains on Monday, boosted by a rise on Wall Street, as equities worldwide took heart from the G-20's statement at the weekend that economic stiumulus is set to continue. At 1620 GMT, the FTSEurofirst 300 index of top European shares was up 1.9 percent at 1,011.77 points, and had hit a high of 1,012.71. The Dow Jones, S&P 500 and Nasdaq Composite ...
Stocks have ended higher, boosted by resource and precious metals counters with a positive Wall Street also providing support.
The trial of two former Bear Stearns hedge fund managers went to a jury, the first high-profile Wall Street executives criminally charged with fraud over subprime mortgage-backed securities that fueled the market meltdown.
First criminal case to hit Wall Street amid the housing market meltdown
Stock futures point to lower opening after reaching 13-month high, dollar little changed
Sometimes the stars align and forces collide in a special place at a unique point in history. This was the case last week when New York Mayor Michael Bloomberg hailed the Yankees after their World Series win, writes David Weidner.
* Stock index futures pointed to a lower open for U.S. shares on Tuesday, after they rose to a 13-month high in the previous session, on the G20's indications that economic stimulus would continue. * ...
A jury in Brooklyn will begin deliberating today, in the trial of Ralph Cioffi and Matthew Tannin, the first Wall Street executives to face criminal charges stemming from the financial crisis. Cioffi....
Stocks on Bursa Malaysia started trading on a stronger footing on Tuesday, Nov 10. Investors bought into the market after US stocks ended sharply higher overnight. Sentiment was also broadly positive across key Asian markets.
If you've ever broken a document shredder, like I have, trying to safely dispose of what seems like a million credit-card offers, then you'll agree this is good news: Credit-card issuers are cutting back on their mailings to consumers.
