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Fri, 3 Jul 2009 03:32:00 GMT
Unauthorized Trades Cost London Oil Broker Millions
LONDON Unauthorized trades cost a London oil broker, PVM Oil Futures, almost $10 million and are being blamed for a spike in oil prices on Tuesday. PVM, a unit of the worlds largest independent broker of oil derivatives, said on Thursday it was
| Fri, 3 Jul 2009 02:29:00 GMT
Japan official: U.S. economy has yet to hit bottom
Newly appointed Japanese Economy Minister Yoshimasa Hayashi said the U.S. economy is still worsening, according to reports Friday. 'The overnight result from the U.S. jobs data suggest the U.S. economy hasn't hit bottom yet,' Hayashi was quoted as saying
| Fri, 3 Jul 2009 02:04:00 GMT
OPEC and IEA agree not to disagree -- a good omen for the industry [Arab News, Jeddah, Saudi Arabia]
PM ET 07/02/2009 3:02 PM ET Jul. 3--The IEA and OPEC are different organizations. Their briefs are different. They represent two worlds, two distinct interest groups and two schools of thought. They diverge rather than concur on major issues, but
| Fri, 3 Jul 2009 01:51:00 GMT
S.E.C. May Reinstate Rules for Short-Selling Stocks
They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it.
| Fri, 3 Jul 2009 01:51:00 GMT
Markets in China Fly High Once More
In a rise reminiscent of an earlier expansion, before the bubble burst in 2008, the Shanghai composite index is up 68 percent so far this year. Member ID orE-Mail Address: Password: Remember me on this computer.
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Fri, 3 Jul 2009 00:30:00 GMT
Nikkei Falls at Open After Bleak US Jobs Report
Japan's Nikkei stock average fell 1.3 percent on Friday after data showed U.S. employers cut far more jobs than expected in June, and revived caution about the outlook for the global economy. Nikkei 225 Average fell 124.46 points to 9,751.69. The broader
| Fri, 3 Jul 2009 00:28:00 GMT
7 More Banks Fail as FDIC Mulls Rules for Sales
Three Illinois banks were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take over failed banks. Regulators shut down John Warner Bank of Clinton, Ill.; First State Bank of Winchester in Winchester,
| Fri, 3 Jul 2009 00:27:00 GMT
Feds Intervene in Suit Over $3B Computer Contract
The U.S. Justice Department has intervened in a so-called 'whistleblower' lawsuit that accuses several companies and former government employees of rigging a winning bid on a $3.2 billion computer contract at Stennis Space Center in Mississippi. The
| Fri, 3 Jul 2009 00:27:00 GMT
Treasurys Move Higher on Disappointing Jobs Report
Treasury prices moved higher Wednesday as investors sought safety in the wake of a discouraging labor market report. The rise in prices pushed yields lower, which is good news for consumers. Yields on long-term Treasurys are closely tied to interest
| Fri, 3 Jul 2009 00:18:00 GMT
Nikkei falls 1.3 pct after bleak U.S. jobs data
TOKYO, July 3 (Reuters) - Japan's Nikkei stock average fell 1.3 percent on Friday after data showed U.S. employers cut far more jobs than expected in June, and revived caution about the outlook for the global economy. The Nikkei .N225 fell 124.46 points
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Fri, 3 Jul 2009 03:54:38 GMT
US Dollar Range to Yield to Bullish Momentum Against Major Currencies
Jul 02 - Jul 02 - Forex Sentiment Indicator Forecasts EURUSD Losses Following NFP's Jul 02 - US Dollar, Japanese Yen Up as Disappointing NFPs Add to Risk Aversion Jul 01 - Trading the Change in U.S. Non-Farm Payrolls Jun 30 - Forex Options Weekly
| Fri, 3 Jul 2009 03:54:23 GMT
JP Morgan or Stan Chart: which is the better employer?
In the battle to become Asia?s best bank, J.P Morgan and Standard Chartered are emerging from the rubble as clear favourites. But which firm would you rather work for? The global powerhouse or the Asian champion?
| Fri, 3 Jul 2009 03:54:16 GMT
European Markets Fall On U.S., Eurozone Unemployment - European Commentary
(RTTNews) - The European markets fell on Thursday, as disappointing data on unemployment in the Eurozone as well as in the United States dampened optimism about the pace of economic recovery.
| Fri, 3 Jul 2009 03:54:15 GMT
The PrivateBank Acquires All Deposits and Certain Assets of Founders Bank
CHICAGO, July 2 /PRNewswire-FirstCall/ -- PrivateBancorp, Inc.
| Fri, 3 Jul 2009 03:54:12 GMT
Rabobank, N.A. Will Accept Registered Warrants Issued by the State of California
ROSEVILLE, Calif., July 2 /PRNewswire/ -- Rabobank, N.A. announced today that it will accept registered warrants issued by the State of California from its existing customers until further notice.
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