Financial markets news and stories by mail.com

Financial markets

Lew visit marks US-China re-engagement
The U.S. and China have begun to re-engage on knotty issues ranging from economic frictions to North Korea's nuclear program following a months-long ...
Cyprus in limbo after rejecting bank seizures plan
Lawmakers in Cyprus decisively rejected a plan on Tuesday to seize up to 10 percent of people's bank deposits in order to secure an international ...
Wall Street holds its own after Cyprus 'no' vote
The latest twists in Europe's debt drama weighed down the stock market Tuesday, offsetting more good news on the U.S. housing market. The Dow Jones ...
Oil near $92 as Cyprus rejects bailout measure
The price of oil fell Tuesday as Cyprus lawmakers rejected a measure to tax bank accounts as part of a bailout plan for its shriveled economy and ...
Wall Street takes Cyprus bailout vote in stride
Investors are taking the latest turn in Europe's financial drama in stride. U.S. stocks recovered most of an early loss Tuesday and ended little ...
Give Cyprus more time, Greece tells EU
Banking stocks in Greece were hammered Tuesday before Cypriot lawmakers rejected a bailout plan, while government officials here urged eurozone ...
EU makes important step toward banking union
The European Union on Tuesday cleared a major legal hurdle toward establishing a full banking union to stabilize its financial system, just as ...
BBC sells Lonely Planet guide business to US firm
The Lonely Planet guide started out in 1973 on the kitchen table of Tony and Maureen Wheeler, who turned their adventures traveling on the cheap into ...
Stocks edge lower ahead of vote in Cyprus
Stocks are edging lower on Wall Street in midday trading before a vote on an unpopular bailout plan in the European nation of Cyprus. The Dow Jones ...
Stocks slip as Cyprus considers raid on deposits
Stocks are edging lower on Wall Street as worries about an unpopular bailout plan in the European nation of Cyprus cast a pall over financial markets.
How do House and Senate budget proposals compare?
How the budget proposals by Senate Democrats and House Republicans stack up over the next decade: ___ Total spending Senate Democrats: $46.5 trillion.
A look at Cyprus' move to seize bank deposits
Lawmakers in Cyprus are still scrambling for a way to raise €5.8 billion ($7.5 billion) to help pay for an international bailout of the country's ...
Spain bad loan ratio resumes upward spiral
The level of bad debt in Spain' banks resumed its upward spiral in January, rising to 10.78 percent, the central bank said Tuesday. Bank data showed ...
Upturn in home construction sends stocks higher
A surprisingly strong increase in new home construction is sending stocks higher in early trading on Wall Street. The Dow Jones industrial average ...
US futures edge higher as Fed meets in Washington
U.S. stock futures rose with the Federal Reserve expected to maintain record-low interest rates and other measures to keep the economy tracking toward ...
Oil near $94 as traders eye US data, Cyprus vote
The price of oil inched up to near $94 a barrel Tuesday ahead of a vote by lawmakers in Cyprus on an unpopular proposal to impose a tax on bank ...
German investor confidence rises unexpectedly
Investor confidence in Germany unexpectedly edged higher this month as hopes held up that growth in Europe's biggest economy will return, a closely ...
Asia stocks bounce back after Cyprus scare
Asian stock markets rose Tuesday, shaking off jitters sparked by a plan to give bank deposits in Cyprus a haircut to help fund the European country's ...
Venezuela to create new foreign exchange system
Venezuela will launch a "complementary" foreign exchange system to facilitate the supply of U.S. dollars to priority sectors of the economy, acting ...
Savings account seizure plan draws fury in Cyprus
A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a €15.8 billion financial bailout was met with fury Monday, and the ...
Stocks falter following Cyprus's bailout plan
Stocks closed lower on Wall Street as investors worried that a controversial proposal to seize money from depositors in Cyprus could set off another ...
Oil rises as Cyprus worries ease
The price of oil reversed sharp early losses and finished higher Monday as nervousness over a bailout plan in Cyprus abated. Benchmark oil for April ...
Oil falls as Cyprus bailout details rattle markets
The price of oil slid to near $92 a barrel Monday as investors grew worried about possible fallout from a plan to pay for a bailout for cash-strapped ...