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Banking official: Watch those asset prices
A top international finance official is warning banks to be cautious about the prices of investments that have gone up sharply because of current low ...
Oil rises above $96; US pump prices avg. $3.31
The price of oil closed at a four-month high Tuesday as global economic reports point to improving conditions. Benchmark oil rose 68 cents to $96.
Financial lobby group warns on emerging markets
A leading lobby group for the world's financial institutions is warning investors not to get caught short in emerging markets if rich-country central ...
Oil prices above $95 a barrel in European trade
The price of oil remained above $95 a barrel on Tuesday, boosted by the Bank of Japan's announcement of more bond purchases next year but tempered by ...
Bank of Japan sets 2 percent inflation target
Japan's Prime Minister Shinzo Abe declared a "monetary regime change" Tuesday as the central bank bowed to government pressure, setting a 2 percent ...
Asia stocks fall before BOJ meeting ends
Asian stock markets fell Tuesday as traders waited for Japan's central bank to announce stimulus measures after wrapping up a two-day policy meeting.
Growth slows, markets feeling good ahead of Davos
The world's financial and political elite will head this week to the Alps for 2013's gathering of the World Economic Forum in Davos, Switzerland, with ...
Markets struggle to hold onto gains
Global stock markets struggled to hold onto gains made Friday, when strong Chinese economic figures and signs of a U.S. recovery buoyed investor ...
Adviser hails 'Abenomics,' says dollar can rise
The expert behind the monetary policies of Japan's new prime minister welcomed the recovering stock market and favorable exchange rate as signs of ...
Asia stocks rise as US, China economies improve
Asian stock markets rose Friday after signs that the U.S. economic recovery is gaining traction and a rebound in China's growth emboldened investors ...
As yen weakens, BOJ gov says easing to persist
The governor of Japan's central bank says it will persist in easing monetary conditions as it tries to pull the country out of a deflationary slump.
Beset by risks, Japan seeks boost from stimulus
A 20 trillion yen ($224 billion) stimulus package announced Friday by Japan's newly installed prime minister Shinzo Abe will likely give the ...
Stocks lower ahead of US 'fiscal cliff' talks
European and U.S. shares traded lower on Friday on waning hopes that U.S. President Barack Obama and key lawmakers would manage to reach an 11th-hour ...
Stocks edge higher as traders return from holiday
Stocks opened modestly higher on Wall Street Wednesday as traders returned from the Christmas holiday. Trading was quiet. Markets in Europe were still ...
Asia stocks rise as Japan gets new government
Asian stock markets rose Wednesday as traders snapped up stocks before the end of the year, while the Tokyo benchmark hit a nine-month high after a ...
Japan stocks rally as yen continues to weaken
Japan's benchmark stock index jumped Tuesday as a softening yen helped boost the country's powerhouse export sector. The Nikkei 225 index in Tokyo ...
Hopes for new leader to pressure Bank of Japan
Hopes are high in Japan Inc. for the new prime minister. Stocks are recovering. The central bank is set to supercharge an already loose monetary ...
Japan survey shows business sentiment darkening
Japanese manufacturers are growing increasingly pessimistic, according to a survey released Friday that added to gloom over the economic outlook ahead ...
Top central banks extend dollar-lending program
Major central banks acted Thursday to try to shore up confidence in the global financial system by extending a program that makes it easier for banks ...
Japan election puts spotlight on reviving economy
It's the $6 trillion question: how to jolt Japan out of its 20-year economic slump. The dozen or so parties vying in a Dec. 16 parliamentary election ...
Japan OKs $10.7B stimulus, aiming to boost growth
Japan unleashed yet another barrage of stimulus at its stagnant economy on Friday as debate over how to revive growth heated up ahead of a general ...
Asia stocks mixed after China PMI improves
Asian stock markets were mixed Thursday, with investors buoyed by solid manufacturing data out of China but wary of weak global demand for electronics ...