Stocks Meander As US Jobs Dry Up, Kiwi Jumps On RBNZ Surprise
By Tom Westbrook SINGAPORE (Reuters) – Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung…
Headlines
UBS Faces Investors After Shotgun Credit Suisse Merger
By Noele Illien ZURICH (Reuters) – UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival…
Philippine Inflation Eases For 2nd Month, Backs Case For Rate Hike Pause
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation eased for a second consecutive month…
New Zealand Central Bank Surprises With 50 Basis Point Hike, Kiwi Soars
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank unexpectedly raised its cash rate by 50 basis points to…
Marketmind: Markets Get A JOLT From The Blue
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A smattering of…
Japan’s March Service-sector Grows At Fastest Rate In Over Nine Years – PMI
(Reuters) – Japan’s services sector activity at the fastest pace in over nine years in March, a private sector survey…
Fed’s Mester Sees More Rate Rises Ahead
(Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday that while the economy appears on a path…
J&J Unit Files For Second Bankruptcy To Pursue $8.9 Billion Talc Settlement
By Dietrich Knauth and Mike Spector (Reuters) -Johnson & Johnson has agreed to pay $8.9 billion to settle tens of…
Yellen Urges IMF To Press Creditors To Finalize Debt Restructurings
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday called for quicker action to resolve several outstanding sovereign debt restructuring…
Stocks, Yields Fall; Data Suggests U.S. Economy Cooling
By Caroline Valetkevitch NEW YORK (Reuters) – World stock indexes declined on Tuesday, with Wall Street well into negative territory…