Business

About new, fed, volcker

NEW YORK (MarketWatch) -- Former Federal Reserve Chairman Paul Volcker on Thursday defended President Barack Obama's proposed tax on large financial institutions, saying the White House was offering "a reasonable response to ...http://www.marketwatch.com/story/volcker-white-house-bank-tax-idea-is-reasonableNEW YORK, Jan 14 (Reuters) - The US central bank must have a "strong voice and authority" on regulatory matters, Paul Volcker, an economic adviser to President Barack Obama, sai...

About nikkei, japan’s, japan shares, japanese stocks

Japanese stocks retreated Wednesday, hit by worries that growth in China may cool and another dizzying nosedive by Japan Airlines. The benchmark Nikkei 225 stock average lost 144.11 points, or 1.3 percent, to 10735.03. ...http://www.businessweek.com/ap/financialnews/D9D6NTGO4.htm(RTTNews) - A mixed to higher open is expected Friday for Japan stocks. Traders get a positive lead from Wall Street, plus a better-than-expected earnings report from chip making giant Intel Japan's market posted a solid...

About house aig, aig bailout, treasury, geithner aig, new, bank

Treasury Secretary Timothy Geithner on Thursday agreed to testify at a congressional hearing about the federal bailout of American International Group, Inc. The hearing, now scheduled for Jan. 27, is looking in particular at how and why AIG paid 100 ...http://www.law.com/jsp/cc/PubArticleCC.jsp?id=1202438207245&hubType=Top%20Story&WASHINGTON—A House government oversight panel ordered the Federal Reserve Bank of New York to produce documents related to its role in American International G...

About december, new foreclosure record, foreclosures filings, properties

Foreclosures dropped in every county except Sarasota in December in what could be a sign of stabilization in the key housing market sector. Hillsborough County had the highest number of foreclosure filings in December, according to a new report from ...http://www.bizjournals.com/tampabay/stories/2010/01/11/daily41.htmlForeclosure data tracker RealtyTrac released its final 2009 foreclosure statistics today. The results, as you can probably imagine, are ugly. The US had 2824674 foreclosed properti...

About dodge super bowl, automaker, chrysler

Chrysler Group said it is returning to the Super Bowl after a six-year-hiatus. The car maker, which is now managed by Fiat SpA of Italy, will air a 60-second commercial during Super Bowl XLIV that will plug its Dodge brand. ...http://online.wsj.com/article/SB10001424052748704363504575003324277536554.html?mDETROIT — Chrysler is advertising during the Super Bowl for the first time since 2004, making it the first US automaker in the world's most expensive advertising showcase in two years. Chrysler...

About crude oil futures, data, oil inventories

By Nick Godt & Polya Lesova, MarketWatch NEW YORK (MarketWatch) -- Crude-oil futures ended lower on Wednesday, slumping for a third consecutive session, after the Energy Information Administration reported bigger-than-expected increases in US supplies ...http://www.marketwatch.com/story/oil-prices-drop-below-80brl-as-supplies-rise-20SINGAPORE: Oil prices extended losses in Asian trade today on weak energy demand and news the US commodity and options regulator was looking to tighten controls ...

About chinese, china, hong kong dollar, hong kong shares, hk stocks

HONG KONG–The Panel on Security of the Hong Kong Legislative Council held a special meeting to discuss the recent illegal cross-border arrests of Hong Kong citizens by mainland police. At the meeting on Jan. ...http://www.theepochtimes.com/n2/content/view/27858/HONG KONG, Jan 14 (Reuters) - Hong Kong shares trimmed gains in volatile trade on Thursday, falling 0.15 percent as losses by banks amid fears that Beijing will rein in lending offset gains by airlines and consumer stocks. The benchmark H...

About gold steady, gold futures, dollar, gold prices, data

MUMBAI: India gold futures edged higher on Thursday helped by a weaker dollar overseas and investors awaited the European Central Bank's policy decision along with US retail sales and jobless claims for direction. The most-traded February gold contract ...http://economictimes.indiatimes.com/markets/bullion/Gold-edges-higher-ECB-decisiLONDON—Spot gold gave back some of its earlier gains Thursday, tracking a move lower by the euro slipped against the dollar ahead of a European Central Bank interes...

About billion, tokyo, jal bankruptcy, japan airlines, restructuring, carrier

TOKYO (Reuters) - Japan Airlines Corp moved a step closer to bankruptcy on Friday by drawing down $1.6 billion in emergency funding and with the Prime Minster set to decide on when the carrier will start a state-led restructuring. ...http://www.reuters.com/article/idUSTRE60E02L20100115Skymark Airlines isn't a household name, even in Japan. But taking cues from its low-cost counterparts around the world, it will do what the big Japanese carriers -- Japan Airlines and All Nippon Airways -- won't t...

About placement agents, calpers, $125 million, pension, public

Jan. 14 (Bloomberg) -- The California Public Employees' Retirement System, the largest US publicpension, said private investment firms paid at least $125 million to placement agents for help winning contracts to manage the fund's ...http://www.businessweek.com/news/2010-01-14/calpers-says-middlemen-received-at-lSAN FRANCISCO/NEW YORK, Jan 14 (Reuters) - Investment firms paid placement agents more than $125 million in fees to win business at Calpers, including nearly $59 million to a firm led by ...