President Bush on Wednesday dropped a threat to veto a housing rescue bill, clearing the way for measures meant to shore up the worst U.S. home market since the Great Depression.
Investment company Cincinnati Financial Corporation says it sold about half of its stake in Fifth Third Bancorp for about $480 million.
July 23 - A drop in oil prices helped boost Asia stocks on Wednesday. Australia's largest investment bank, Macquarie, also posted a sunny outlook for its first fiscal quarter of the year.
China takes a seat for the first time in the World Trade Organization's most select negotiating group when seven commercial powers meet Wednesday.
Oil prices on Wednesday slid $20 below an all-time high hit two weeks ago, helping to lift Asian stocks and weigh on government bonds as investors cautiously reached for higher returns as well as more risk.
Nationalised British bank Northern Rock announced the appointment of Barclays director Gary Hoffman as its 700,000 sterling-a-year chief executive today.
The rand was on the front foot against major currencies in late trade amid improved global risk appetite and a weaker dollar.
The chairwoman of the Federal Deposit Insurance Corp. said Tuesday more banks are in danger of failing, and that the government agency expects to raise premiums to restore its reserve fund after paying out ...
Mumbai, July 23 : Indian equity markets started a quick climb Wednesday, the morning after the United Progressive Alliance government won the crucial trust vote in parliament, and maintained the upward movement ...
COMMONWEALTH Bank of Australia says it has entered exclusive talks to acquire the local arm of investment bank ABN Amro.
Recent Comments