Tag Archives: avoided
Yen Down As G7 Backs Japan’s Stimulus Measures
CANBERA (dpa-AFX) – The Japanese yen came under pressure on Monday, as Group of Seven finance officials once again avoided censuring Japan’s stimulus measures that are mainly oriented for an econo… Continue reading
SALT 2013: Why We Remain in Bull Market Territory
LAS VEGAS (TheStreet) — The Skybridge Alternatives (SALT) Conference kicked off on an optimistic note on Wednesday, with a presentation by David Darst, managing director & chief investment strategist of Morgan Stanley Wealth Management, who delivered an impassioned speech on the markets and the global environment. Continue reading
Thousands Protest Hollande’s First Year as French President
By Sarah DiLorenzo PARIS — Tens of thousands of supporters of leftist parties marched through central Paris on Sunday to express disappointment with President Francois Hollande’s first year in power, criticizing the leader for reneging on his promises to rein in the world of finance and enact economic stimulus. Hollande, a Socialist, rose to the presidency last May, promising to spare France the austerity measures imposed elsewhere in Europe Continue reading
Europe Stocks Mixed, Japan’s Nikkei Rises on Yen
By Jamey Keaten PARIS — After starting the day in negative territory, Europe’s main indexes were mixed around midday as investors cautiously contemplated a further fall in value for the Japanese yen — which sent the benchmark Nikkei index surging more than 2%. Analysts predicted a subdued start to Europe’s trading week with voters in Italy and Cyprus to cast ballots next weekend and Wall Street’s closure for Presidents Day. Traders also had to digest news from the weekend meeting of Group of 20 finance ministers, which avoided upbraiding the government of Japanese Prime Minister Shinzo Abe for introducing measures that would have the knock-on effect of driving down the yen in a bid to help manufacturers… Continue reading
Analysis: Big flows into U.S. stocks may be sign of things to come
The biggest weekly inflow into U.S.-based equities mutual funds in more than 11 years could be a sign that stocks are coming back into favor for a broad swath of investors after lawmakers avoided the fiscal cliff, some top money managers said. Continue reading
Sudanese police block protest at human rights commission
KHARTOUM (Reuters) – Sudanese security forces on Sunday blocked activists trying to deliver a petition criticizing the government to the country’s human rights commission, drawing a rare rebuke from the state-appointed body. Continue reading
Last-minute deal averts East Coast port strike
A strike that could have crippled 15 major ports on the East Coast and the Gulf and put a crimp in the nation’s commerce has been avoided after dock workers, port operators and shippers agreed to a deal that extends the workers’ contract, a federal mediator said Friday. Continue reading
Japan utility admits nuclear crisis avoidable
The utility behind Japan’s nuclear disaster is acknowledging for the first time that it could have avoided the crisis. Continue reading
AP Interview: Japan nuke probe head defends report
The head of a major investigation into Japan’s nuclear disaster is defending his report against criticism that his panel avoided blaming individuals and instead blamed elements of the nation’s culture. Continue reading
First Person: Why I Didn’t Buy Into the Facebook IPO Hype
COMMENTARY | “Buy Facebook,” brokers cried. Wall Street experts and talking heads touted the mega million dollar to be the hottest IPO since Google Continue reading
