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Housing data weighs on Wall Street (173) |
| Wall Street stocks were set to resume their punishing decline on Friday after more gloomy data from the housing sector outweighed some relatively upbeat earnings elsewhere. |
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Emerging market currencies regain some poise (160) |
| Currency markets took a break on Friday from the turbulence of recent sessions as some semblance of calm returned to global equity markets. |
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Asian shares stage cautious rebound (157) |
| Japanese stocks rebounded mildly on Friday, following its biggest one-day decline since 1987, as exporters rose on the back of the weaker yen and as defensive stocks rose. |
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European shares rebound on techs and banks (155) |
| European shares bounced higher on Friday as a rebound in crude prices bolstered oil stocks and investors snapped up technology stocks. |
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Oil climbs on Opec output cut speculation (153) |
| Oil prices climbed back above $70 a barrel on Friday thanks to gains on equity markets and news that exporting countries were bringing forward a meeting that is expected to result in a cut i... |
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US prepares $250bn banks push (152) |
| Global stock markets staged a historic rally yesterday as European governments pledged a total of €1,873bn ($2,546bn) to shore up their financial sector and the US prepared to unveil its o... |
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Malone eyes up attractive debt purchases (151) |
| John Malone is eyeing the "wild" yields offered by the debt of other media and communications companies, echoing the tactics through which the Liberty Media L chairman built his cable empire... |
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Bargain hunting lifts London equities (149) |
| London equity markets regained some ground, bouncing from a five-and-a-half-year low on Friday after overnight gains on Wall Street. |
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Japan shares buck trend with small gains (149) |
| Japanese stocks bucked a regional downward trend on Friday as exporters rose on the back of the weaker yen and defensive stocks made gains. |
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Fortress fights to save value of ski resort (143) |
| Fortress Investment Group, a listed alternative investor with $40bn under management, is taking action aimed at keeping two of the companies it owns afloat, according to people familiar with... |
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