Financial News

Financial News
Financial News

Latest Financial News

Aoyama Trading Continues Higher On Strong Wall St

Fri, 12 Mar 2010 06:26:00 GMT

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Janet Yellen Is Said to Be Picked for a Fed Seat

Fri, 12 Mar 2010 06:26:00 GMT

WASHINGTON The Obama administration has settled on Janet L. Yellen, president of the Federal Reserve Bank of San Francisco, to serve as vice chairwoman of the Federal Reserve, a senior administration official said on Thursday night. Ms. Yellen, 63, who (read full story)

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Yellen Seen as Top Pick as Fed's No. 2

Fri, 12 Mar 2010 06:24:00 GMT

WASHINGTON (TheStreet) -- Janet Yellen will be nominated by President Obama to serve as vice chairwoman of the Federal Reserve, reports say. Yellen, president of the Federal Reserve Bank of San Francisco since 2004, would serve as Fed Chairman Ben (read full story)

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MEPs call for EU to reject troubled hedge fund directive

Fri, 12 Mar 2010 06:13:00 GMT

The Alternative Investment Fund Managers Directive, hastily drawn up under political pressure after the financial crisis, has already been the subject of 1,670 amendments a record according to law firm SJ Berwin. The 1,670th proposes that the European (read full story)

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Fed's Low Rate Pledge Tames Treasury Volatility

Fri, 12 Mar 2010 06:03:00 GMT

Price swings in the Treasury market have steadily fallen from their peak in 2008 in a sign that investor confidence in the health of the financial system and the broader economic recovery is being restored. That confidence is tied to the Federal (read full story)

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Japanese Stocks Gain Slightly on Weaker Yen

Fri, 12 Mar 2010 05:34:00 GMT

TOKYO The Nikkei 225 stock average in Tokyo hit a seven-week high on Friday, with investors encouraged by a weaker yen amid speculation that the Bank of Japan may take additional steps to ease monetary policy. Elsewhere, stocks were mixed in early (read full story)

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Easing China ‘Fear’ Gauges Signal Bullish Outlook for Stocks

Fri, 12 Mar 2010 05:28:00 GMT

March 12 (Bloomberg) -- Chinese stocks may rise as a gauge of implied volatility shows the spread between China and U.S. shares keeping near a three-year low, according to Macro Risk Advisors LLC, which advises institutions on equity derivatives. The (read full story)

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Obama to Tap Yellen for Fed Post

Fri, 12 Mar 2010 05:03:00 GMT

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Five Dumbest Things on Wall Street: March 12

Fri, 12 Mar 2010 05:03:00 GMT

ETFC) for $100 million in pain and suffering damages caused by the brokerage company's Super Bowl commercial. Lohan is alleging the so-called 'milkaholic' boyfriend-stealing baby named Lindsay featured in the ad is a reference to her tabloid-chronicled (read full story)

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Obama Plans to Tap Yellen for Fed

Fri, 12 Mar 2010 04:28:00 GMT

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Asian Stocks Rise, Head to Third Weekly Gain; Takeda Advances

Fri, 12 Mar 2010 04:28:00 GMT

March 12 (Bloomberg) -- Asian stocks rose, sending the MSCI Asia Pacific toward its third weekly advance, on speculation the Bank of Japan will add funds to the financial system and as drugmakers gained on the outlook for their U.S. earnings. Nissan (read full story)

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Asia Stocks Are More Attractive Than Brazil’s, CLSA’s Wood Says

Fri, 12 Mar 2010 04:17:00 GMT

March 12 (Bloomberg) -- Asian stocks are more attractive than those in Brazil amid a “pause” in the emerging-markets rally, CLSA Asia-Pacific Markets said. The prospect of higher interest rates poses “negative headwinds” for Brazil, similar to (read full story)

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S&P 500 hits 17-month high as banks lift Wall Street

Fri, 12 Mar 2010 04:05:00 GMT

A trader works on the floor of the New York Stock Exchange, March 8, 2010. Credit: Reuters/Brendan McDermid NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than (read full story)

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Stocks: Open Higher On Monetary Easing Hopes, Wall Street Rise

Fri, 12 Mar 2010 03:52:00 GMT

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Stocks: Extend Gains On Optimism Over Japan Economy, Weaker Yen

Fri, 12 Mar 2010 03:52:00 GMT

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