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Bank of Israel may cut rates for second time in a month
ReutersJERUSALEM (Reuters) - The Bank of Israel could lower short-term interest rates for the second time this month next week to further weaken the shekel and support exports, although it's a close call, according to a Reuters poll. Of 13 economists surveyed,...Tags: Inflation and Deflation, Central Bank, Money and Monetary Policy, Energy Resources, Petroleum Industry
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Market turbulence poses first serious test for Abenomics
ReutersBy William Mallard TOKYO May 24 (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may...Tags: Central Bank, Bonds, Japan Earthquake and Tsunami (2011), Federal Reserve, Money and Monetary Policy
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Hong Kong shares post worst loss in 7 weeks on China slowdown fears
ReutersHONG KONG, May 23 (Reuters) - Hong Kong shares suffered their worst daily loss in seven weeks on Thursday after a preliminary private survey suggested manufacturing activity in China contracted in May for the first time since October. The Hang Seng Index...Tags: HSBC Holdings plc, China Enterprises, China, Hong Kong
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Mexicano Hoteles City prepara oferta de acciones
ReutersMEXICO DF, 23 mayo (Reuters) - La cadena mexicana Hoteles City Express planea llevar a cabo en junio una oferta global mixta de acciones en México y el extranjero para financiar su expansión, de acuerdo con un prospecto preliminar enviado a la bolsa...Tags: Citigroup Incorporated
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U.S. RESEARCH ROUNDUP: HP, Bank Of America, Target, Dupont
ReutersMay 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including HP, Dupont and Target, on Thursday. HIGHLIGHTS * HP : Jefferies raises to hold from underperform * Banks: Guggenheim...Tags: Fifth Third Bancorp, Huntington Bancshares Incorporated, TASER International Incorporated, Dover Corporation, Cirrus Logic Incorporated
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Morgan Stanley fixed-income head deRegt retires
Reuters(Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters, after the company sustained a more than 40 percent decline in bond trading revenue in the first quarter. The...Tags: JPMorgan Chase & Co., Bonds, Goldman Sachs Group, Inc., Barclays PLC, Deutsche Bank AG
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Fed's mixed messages roil markets
WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...
Tags: Central Bank, Employment Opportunities, Federal Reserve, Money and Monetary Policy, Financial Markets
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ON THE MOVE-Merrill nabs high-tier brokers from Morgan, Wells
ReutersNEW YORK, May 23 (Reuters) - Merrill Lynch's wealth management unit said it hired four teams of advisers from rivals Morgan Stanley and Wells Fargo Advisors since late April. Ranked by total revenue produced over the previous 12 months, the biggest is...Tags: Winter Park, Wells Fargo & Co., Bank of America Corp.
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SHORT MONEY MARKET FUNDS
Money Fund - ShortMoney funds with assets of $500 million or more that are available to individual investors. For period ended May 21, 2013. 7-Day 7-Day Assets Average Average Compound Fund ($Mil) Maturity Yield(%) Yield(%) AZL Money Market Fund 821.6 55 0.00 0.00 Amer...Tags: JPMorgan Chase & Co., HSBC Holdings plc, Mutual Funds, Financial Markets, ING Group
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Tesla Motors pays off Department of Energy advanced technology loan
Upstart electric car maker Tesla Motors on Wednesday paid off a Department Energy loan that had become a political hot potato. Tesla owed the federal government $451.8 million on a loan that was part of a special program to develop alternative fuel...
Tags: Tesla Motors, Inc., Alternative Energy, Nissan, SUVs and Crossovers, Fuel-efficient Vehicles
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Russian banker has his eye on Europe
ReutersMOSCOW (Reuters) - Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged with his partners as an asset consolidator after the global crash of 2008 forced Western...Tags: European Union, Global Expansion, Cyprus, Russia, Financial Markets
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Insight: No more easy pickings in Russia's banking market
ReutersMOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found...Tags: Online Advertising, Austria, France, Credit and Debt, World Bank Group
May 23, 2013
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May 24, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 22, 2013
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May 23, 2013
|Story| Los Angeles Times
May 23, 2013
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May 23, 2013
|Story| Tribune Media Services
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
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