Thu, 11 Mar 2010 01:29:09 +0530 U.S. Treasury Secretary Timothy Geithner on Wednesday welcomed moves by some big banks to cut overdraft fees and said he hoped all banks will do so.
Thu, 11 Mar 2010 00:15:16 +0530 Shares in several big financial companies bailed out by the U.S. government rose on Wednesday on what analysts said were momentum bets and short-covering on hopes the entities were on the road to recovery.
Thu, 11 Mar 2010 00:00:03 +0530 Lenders to Dubai World will get a range of options including full repayment once Abu Dhabi decides how much additional support it will give its debt-laden neighbour, sources close to the discussions said.
Wed, 10 Mar 2010 23:58:18 +0530 The EU must move swiftly to strengthen oversight of member state budgets and statistics if it wants to restore confidence in the euro and avoid future crises, former German finance minister Theo Waigel said.
Wed, 10 Mar 2010 23:49:22 +0530 The S&P 500 rose on Wednesday as investors snapped up shares of bailed-out financial companies on hopes the sector may be poised for a recovery as the U.S. economy improves, while a drop in oil producer Chevron's stock pushed the Dow slightly lower.
Wed, 10 Mar 2010 22:53:37 +0530 Information is key to making money in commodity markets and that is why investors should choose specialists who live in the hedge fund industry, asset manager Dexion Capital told Reuters on Wednesday.
Wed, 10 Mar 2010 22:33:56 +0530 Lawmakers in the U.S. House of Representatives will no longer be able to direct funds toward for-profit companies through the earmarking process, the House Appropriations Committee said on Wednesday.
Wed, 10 Mar 2010 21:46:57 +0530 Chicago-based CME Group, the world's largest derivatives exchange, said it has entered into a cross-listing pact with India's National Stock Exchange (NSE), a move that would allow Indian investors to trade in U.S. indexes and expand CME's footprint in emerging markets.
Wed, 10 Mar 2010 20:24:55 +0530 Wall Street rose at the open on Wednesday as a slew of new corporate deals and a surge in bailed out U.S. financial stocks boosted investor sentiment.
Wed, 10 Mar 2010 19:26:11 +0530 Around one in two sovereign wealth funds invest in private equity, real estate and infrastructure assets to seek a diversified source of returns, a report showed on Wednesday.
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