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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: U.S. Congress, Bank of America Corp., Economic Policy, Executive Branch, Petroleum Industry
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U.S. loan funds gain $1.2 billion as Fed sparks fears of rising rates
ReutersNEW YORK (Reuters) - Investors worldwide poured $1.2 billion into corporate loan funds based in the United States in the latest week as signs the Federal Reserve could scale back on stimulus sparked fears of rising U.S. interest rates, according to Bank...Tags: Ben Bernanke, U.S. Congress, Bank of America Corp., Mutual Funds, Money and Monetary Policy
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Japan's top leaders defend 'Abenomics' economic strategies as roiled markets settle
AP Business WriterTOKYO (AP) — Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered...Tags: Prices, Economy, Business and Finance, Financial Markets, Tokyo (Japan), Money and Monetary Policy
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Wall St. bucks global slump
NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe. It all started in Asia. Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy,...
Tags: Ben Bernanke, Stock Market, U.S. Congress, Money and Monetary Policy, Credit Ratings
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GLOBAL MARKETS-Stimulus fears haunt share markets, dollar weak
Reuters* World shares steady but liquidity fears remain * U.S. stocks set to follow European markets lower * German Ifo index seen pushing back ECB rate cut * Dollar index down 0.3 pct, yen resumes rise By Richard Hubbard LONDON, May 24 (Reuters) - World...Tags: Ben Bernanke, Foreign Exchange Market, Credit Ratings, Japan, Market and Exchange
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Derivatives trade booms in wake of Japan stock slide
ReutersBy Helen Bartholomew LONDON, May 24 (IFR) - Investors betting on a continuation of Japan's six-month runaway bull market suffered their biggest scare yet on Thursday as the Nikkei 225 lost more than 7% - its largest one-day loss in more than two years....Tags: Deutsche Bank AG, Foreign Exchange Market, BNP Paribas, Japan, Federal Reserve
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CORRECTED-Derivatives trade booms in wake of Japan stock slide
Reuters(CORRECTS stimulus amount in graf 3) By Helen Bartholomew LONDON, May 24 (IFR) - Investors betting on a continuation of Japan's six-month runaway bull market suffered their biggest scare yet on Thursday as the Nikkei 225 lost more than 7% - its...Tags: Deutsche Bank AG, BNP Paribas, Foreign Exchange Market, Japan, Federal Reserve
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GLOBAL MARKETS-Shares steady but stimulus fears still present
Reuters* World shares attempt tentative recovery * Fed officials try to reassure on stimulus timing * Euro gains as better Ifo makes ECB easing less likely By Richard Hubbard LONDON, May 24 (Reuters) - World share markets looked vulnerable to further falls...Tags: Ben Bernanke, Economy, Business and Finance, Foreign Exchange Market, Credit Ratings, Japan
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GLOBAL MARKETS-Shares end lower in volatile session, dollar falls
Reuters* U.S. shares recover, but growth outlook still uncertain * Japan, Europe tumble after weak data from China, euro zone * Dollar index lower, yen gains against dollar By Ryan Vlastelica NEW YORK, May 23 (Reuters) - Stocks prices worldwide fell on...Tags: Globalization, Ben Bernanke, Money and Monetary Policy, Foreign Exchange Market, Hewlett-Packard Co.
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GLOBAL MARKETS-Asian stocks steadier, Nikkei bounces back
Reuters* Nikkei up 3 pct in early trade, following 7.3 pct fall * Asian stocks outside Japan steadier after drop * Yen softer, reversing Thursday's gains * MSCI ex-Japan edges up By Ian Chua SYDNEY, May 24 (Reuters) - Asian shares opened cautiously higher...Tags: Ben Bernanke, Foreign Exchange Market, BNP Paribas, Hewlett-Packard Co., Japan
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U.S.-based Japanese stock funds up $1.5 billion in record inflow streak: Lipper
ReutersNEW YORK (Reuters) - Investors in funds based in the United States poured $1.51 billion into Japanese stock funds in the latest week, marking the longest streak of weekly inflows into the funds on record, data from Thomson Reuters' Lipper service showed...Tags: Ben Bernanke, U.S. Congress, Mutual Funds, Money and Monetary Policy, Credit Ratings
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FOREX-Dollar recovers from 2-week low vs yen, focus on Nikkei
ReutersBy Hideyuki Sano TOKYO, May 24 (Reuters) - The dollar recovered from two-week lows against the yen on Friday as a safety-bid for the Japanese currency ebbed after the Nikkei share average rebounded from the previous day's 7.3-percent plunge and Wall...Tags: Globalization, China, Foreign Exchange Market, Federal Reserve, Car Safety Tips and Advice
May 24, 2013
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