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Latest News: Markets, Forex

07/19/2019

Sinclair Set to Complete Largest Junk-Bond Sale Since 2016 A subsidiary of Sinclair Broadcast Group is poised to complete the largest U.S. junk-bond sale in more than three years, drawing substantial demand from investors to support its purchase of regional s...
21:24, 07/18/2019

U.S. Stocks Turn Positive After Fed Comments U.S. stocks broke into positive territory late Thursday after a Federal Reserve official urged central banks to lower interest rates swiftly on signs of economic weakening....
21:24, 07/18/2019

Union Pacific Earnings Help Put Rail Stocks Back on Track Shares of U.S. railroad operators were on the mend Thursday following a better-than-expected earnings report from Union Pacific, easing investor fears over a trade-related slump among freight rail gia...
20:00, 07/18/2019

The Big Obstacle on the Road to Electric Vehicles The lithium-ion battery is a complex industrial product, not just another component in the consumer electronics supply chain. This inconvenient truth is a major obstacle on the global auto industry’s ...
19:24, 07/18/2019

What Christine Lagarde Brings to the ECB: Flexibility The career of the next European Central Bank chief shows the institution is getting a diplomat and negotiator, not a technocrat or economist. “She is extremely charming and that is part of her style o...
19:24, 07/18/2019

Blackstone's Profit Drops as Private-Equity Portfolio Lags Blackstone’s second-quarter earnings fell as the value of its private-equity portfolio appreciated less than the broader market, but the portion of profits it could return to shareholders ticked up....
19:24, 07/18/2019

Digital Banking Startup Overcomes Setbacks to Raise $170 Million A digital bank with operations across Europe which recently launched in the U.S. has raised another $170 million in its latest funding round, pushing its valuation to $3.5 billion....
16:00, 07/18/2019

Morgan Stanley Quarterly Profit Falls 10% Quarterly profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main Street banks carried the day....
14:48, 07/18/2019

Former JPMorgan Banker Pleads Not Guilty in Bribery Case A former executive at JPMorgan pleaded not guilty to bribery charges in a Hong Kong court, after prosecutors alleged she persuaded her colleagues to hire the son of a potential client in 2009....
12:36, 07/18/2019

Italian, Greek Bonds Rally as Hunt for Yield Expands Investors are buying bonds from once-avoided European countries, spurred by expectations that ongoing easy-money policies from central banks will continue to fuel demand for debt....
20:24, 07/17/2019

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts....
18:00, 07/17/2019

IAC to Invest $250 Million in Car-Sharing App Turo IAC/InterActiveCorp will pay $250 million for a stake in Turo Inc. in a deal that values the burgeoning peer-to-peer car-sharing company at more than $1 billion....
10:36, 07/17/2019

Bitcoin Loses Almost a Third of Its Value as Libra Hype Fades Facebook’s struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. Regulatory scrutiny of the company’s ambitious plan to release a digital coin, called Libra, ...
10:36, 07/17/2019

Global Stocks Wobble as Earnings Season Gets Underway Asian stocks mostly weakened on Wednesday after President Trump’s comments in a White House cabinet meeting Tuesday signaled enduring tensions with China over trade and technology....
10:36, 07/17/2019

Chinese Esports Group Backed by Tencent Raises $775 Million in U.S. IPO Chinese video-streaming service DouYu raised $775 million in its IPO, capitalizing on the growing popularity of watching others play games on the internet....
10:36, 07/17/2019

Blue Apron's Beyond Meat Deal Lacks Substance The meal kit company said it would add plant-based proteins to some of its meals as part of a collaboration with Beyond Meat beginning in August. But for Blue Apron, this gold is likely to tarnish....
23:24, 07/16/2019

Stronger Dollar Looms Large This Earnings Season The dollar has remained steady despite expectations for lower interest rates, posing a challenge for large multinational companies that need to convert foreign profits into the U.S. currency....
23:24, 07/16/2019

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such as Fannie...
23:24, 07/16/2019

Natural-Gas Traders Bet Heat Wave Will Fizzle Natural-gas prices declined for the second straight day on signs that producers will continue to push output to new highs, while forecasts that the current heat wave will dissipate threatened demand....
23:24, 07/16/2019

Consumer Lending Powers Big-Bank Earnings, Upstaging Wall Street U.S. consumers are taking advantage of low interest rates to borrow and spend, boosting banks that cater to Main Street and leaving behind those that don’t....
23:24, 07/16/2019

Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation Target Federal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rate target to defend its 2% inflation target....
23:24, 07/16/2019

Trucking Stocks Race Higher on J.B. Hunt's Good News America’s trucking companies are revving up thanks to an upbeat report from J.B. Hunt Transport Services, signaling the transport sector could be turning a corner....
23:24, 07/16/2019

KeyCorp Finds Fraudulent Activity Estimated at Up to $90 Million KeyCorp said it discovered fraudulent activity with potential exposure of up to $90 million associated with transactions conducted in the third quarter by a business customer....
18:00, 07/16/2019

A Gigantic Gold Coin Makes Its Way to Wall Street Richard Hayes plans to leave a $45 million coin on the streets of Manhattan all day Tuesday, but he isn’t particularly worried about a thief carting it off....
18:00, 07/16/2019

Goldman Sachs Reports Profits, Revenue Decline Goldman Sachs Group’s quarterly profit slipped 6% as clients, spooked by trade tensions and interest-rate whiplash, kept their money on the sidelines. Revenue also fell....
18:00, 07/16/2019

BHP and the Long Goodbye From Coal Power coal has generated big profits for miners over the years, but these days it mostly generates trouble. That doesn’t mean getting out of the business is easy....
18:00, 07/16/2019

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operations....
18:00, 07/16/2019

Bank of Canada to Introduce Enhanced Risk-Free Rate Benchmark in 2020 The Bank of Canada said it expects to launch an enhanced version of its overnight risk-free interest rate benchmark next year, part of a global effort to transition financial markets away from using r...
18:00, 07/16/2019

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted than peers thanks to a diversification drive but, if ...
18:00, 07/16/2019

Fed's Rate Cut Plans Stop Making Sense The facts have changed, but the Federal Reserve sure doesn’t seem like it is changing its mind on leaning toward an interest-rate cut at its policy meeting later this month....
18:00, 07/16/2019

Why This Pizza Stock Is Going Cold Shares of Domino’s Pizza fell after the chain posted weaker-than-expected sales for the second quarter. Investors homed in on same-store sales, which rose 3% in the period....
18:00, 07/16/2019

AT1 bonds: Call me maybe A change to the approval regime for early repayment of AT1 debt is not widely expected to hike extension risk, but it's not the only tweak that investors have to deal with....
13:12, 07/16/2019

Wall Street's Answer to Risks in Loan Market: Bundle Lower-Rated Loans A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans, a sign of building worries about riskier borrowers and the market tha...
12:12, 07/16/2019

Bad Loans in Europe Tumble, but They Are Never Fully Gone European banks have cleared nearly half of the toxic loans off their balance sheets since emerging from a debilitating debt crisis. The only trouble: A chunk of those loans haven’t fully gone away....
12:12, 07/16/2019

Global Stocks Pause Ahead of Major Bank Earnings The British pound fell toward lows for the year after the main candidates to become prime minister pledged to scrap current proposals for managing the Irish border after Brexit, while stock markets pa...
12:12, 07/16/2019

Rio Tinto Faces Delays, Added Costs for Big Copper-Mine Project Rio Tinto said it will take longer and cost more than expected to finish building one of the world’s biggest copper mines in Mongolia’s remote southern Gobi desert....
06:48, 07/16/2019

Putting The Equity Back Into Private Equity Rising stock valuations are forcing private-equity firms to contribute more cash to their leveraged buyouts, likely dragging down performance in the long term even as pensions and other investors incr...
22:24, 07/15/2019

Citi's Mixed Results Underscore Global Risks Earnings for Citigroup, the most global big U.S. bank, highlights both known trends and the biggest risks to the world economy, according to WSJ’s Heard on the Street....
19:00, 07/15/2019

Crack Open a Cold 'Un, Face the Consequences A Japanese teenager is in trouble for selling some very bad beer online, but the offense has nothing to do with hawking inferior goods or even underage drinking....
19:00, 07/15/2019

Charles Schwab in Talks to Buy USAA Wealth-Management, Brokerage Units Charles Schwab is in talks to buy brokerage and wealth-management operations from USAA for roughly $2 billion, a move that would push the discount-brokerage pioneer further into financial advice....
19:00, 07/15/2019

Nomura Securities to Repay Customers $25 Million Nomura Securities agreed to pay customers $25 million after the SEC said bond traders at the investment bank inflated its profit in the sale of commercial and residential mortgage-backed securities....
19:00, 07/15/2019

Facebook Says Libra Cryptocurrency to be Regulated by Swiss Financial Authorities Facebook said its Libra cryptocurrency will be regulated by Switzerland’s financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central ban...
19:00, 07/15/2019

Restaurants Strike Back in Food-Delivery War While the U.S. online food-delivery market continues to burn hot, data suggests growth in restaurants offering the service may be slowing. That could limit the sector’s long-term growth, as restaurant...
16:00, 07/15/2019

Lies, Damned Lies and Chinese Growth China’s headline growth slowed again in the second quarter, but several other important indicators improved in June. As they learned this spring to their chagrin, however, investors should be careful ...
16:00, 07/15/2019

Companies Aren't Cheering Lower Interest Rates Last year, U.S. corporate pension funds had one of their better years in recent history, despite the fact that stocks and bonds both did poorly. Higher interest rates helped, as did a rush to contribu...
16:00, 07/15/2019

Asian IPO Flop Gives Budweiser Brewer a Hangover Shares in Anheuser-Busch InBev and its potential Asian takeover targets fell Monday as investors digested the failure of a plan to create a new Hong Kong acquisition vehicle....
16:00, 07/15/2019

Cellphone Tower Companies Race Higher As the biggest wireless companies in the U.S. prepare to bring 5G to more customers, cellphone-tower operators are shaping up to be big winners in the stock market....
16:00, 07/15/2019

Citigroup Reports Higher Earnings as Bank Results Kick Off Citigroup reported that profit increased 7% and beat analysts’ expectations as the New York lending giant benefited from favorable conditions in the U.S. economy....
16:00, 07/15/2019

Fed's Williams Calls for More Urgency in Replacing Libor Federal Reserve Bank of New York President John Williams said Monday financial firms need to stop dragging their collective feet and transition to a new reference interest-rate system to replace the s...
16:00, 07/15/2019

U.S. Stocks Flat, Chinese Stocks Gain on Hopes for Stimulus Chinese stocks inched higher after new data showed economic growth slowed to its weakest pace since 1992, raising expectations that Beijing would introduce stimulus measures to support the economy....
16:00, 07/15/2019

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization of close to $2 billion....
06:00, 07/15/2019

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
18:12, 07/14/2019

The Agony of Hope Postponed, by a Value Investor Value investors are known for being a hardy bunch, willing to buy into beaten-down stocks that everyone else thinks are a disaster. But cheap stocks have underperformed horribly over the past 12 years...
17:00, 07/14/2019

Oxymoron Alert: Some 'High-Yield' Bonds Go Negative In the latest sign of financial markets going into uncharted territory, more than a dozen junk bonds, which usually carry high yields, now trade in Europe with a negative yield....
14:12, 07/14/2019

Second-Quarter Earnings to Test Soaring Market The next test for the highflying stock market begins this week as companies kick off reporting what could be their biggest quarterly profit contraction in three years....
14:12, 07/14/2019

Investors Balked at Pricing for Canceled Budweiser Listing What would have been the year’s biggest IPO flopped after AB InBev and its banks took a series of gambles that didn’t pay off. The world’s biggest brewer halted a nearly $10 billion listing of its Asi...
18:36, 07/13/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
14:48, 07/13/2019

Next Big Thing in ETFs: Less Transparency Capital Group, Legg Mason and JPMorgan plan exchange-traded funds that bet on stocks without daily disclosure of investments, drawing on a small New Jersey firm’s model....
13:00, 07/13/2019

Floor Traders Clash With NYSE The New York Stock Exchange is clamping down on errors among its last remaining floor trading firms, a strict disciplinary push that some traders say could drive them out of business....
13:00, 07/13/2019

Lesley Jane Seymour on How Women Can Reinvent Their Careers Lesley Jane Seymour, former editor of More magazine and founder of an online community for professional women, tells host Veronica Dagher about the importance of having a career cash cushion and being...
03:36, 07/13/2019

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importanc...
03:36, 07/13/2019

The Only Thing the Smart Money Is Smart About A number of recent studies show that professional investors—the, ahem, smart money—are prone to the same mistakes that individual investors make. The difference, our columnist writes, is that the pros...
03:36, 07/13/2019

U.S. Government Bond Auctions Show Weakness U.S. Treasury prices fell this week after investors submitted fewer bids than usual at a series of government bond auctions, underscoring the centrality of their demand for newly issued debt....
03:36, 07/13/2019

Tropical Storm Barry Helps Spark Fuel-Price Rebound The U.S. crude oil benchmark rose 0.2% in Friday trading, while Brent crude oil advanced 0.6% as traders focused on the impact of Tropical Storm Barry on Louisiana refineries....
03:36, 07/13/2019

Life-Science Stocks Look Less Healthy Life-science companies have logged a strong performance this year, but disappointing revenue results from Illumina show they can’t inoculate themselves against slowing growth in the broader market....
03:36, 07/13/2019

Schwab Scraps Trip for Top Employees Discount brokerage Charles Schwab says it is scrapping a Hawaii vacation for top employees, citing “reputational risks” associated with award programs....
03:36, 07/13/2019

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
05:48, 07/12/2019

Fed Group Proposes Adjustable-Rate Mortgages Using Libor Replacement A financial industry group is proposing to use a new benchmark designed by the Federal Reserve for adjustable-rate mortgages, replacing the troubled London interbank offered rate....
05:48, 07/12/2019

Calpers Fell Short of Its Own Goals in Fiscal 2019 The nation’s largest pension fund fell just short of its investment target in fiscal 2019, underlining the difficulty of earning the kind of returns state and local funds need to pay future benefits....
05:48, 07/12/2019

Illumina Stock Falls as Revenue Outlook Reduced Shares of Illumina drop after the maker of gene-sequencing machines lowers its revenue expectations over problems with its direct-to-consumer business....
05:48, 07/12/2019

Stronger Inflation Data Lift Treasury Yields U.S. government bonds pulled back after new data showed consumer prices rose more than expected in June. The 10-year note’s yield rose to its highest in four weeks....
05:48, 07/12/2019

Paul Singer Is on the Verge of a Big Win in PG&E Clash The California legislature is primed to deliver a preliminary victory to hedge-fund billionaire Paul Singer and other PG&E bondholders in their monthslong battle with the utility’s shareholders....
18:36, 07/11/2019

Income Options Are Coming to 401(k) Plans More employers are exploring ways to help 401(k) participants turn their savings into a sustainable income in retirement, even ahead of Congress passing legislation that would make it easier to do so....
18:36, 07/11/2019

Oil's Rebound Above $60 Increases Focus on Technicals A recent rebound in U.S. crude-oil prices back above $60 is increasing focus on gauges of market momentum, the latest swing in a topsy-turvy year for energy markets....
18:36, 07/11/2019

Bed Bath & Beyond, Sherwin-Williams, PriceSmart and More Companies with shares expected to trade actively in Thursday’s session include Bed Bath & Beyond, Sherwin-Williams, PriceSmart, Simulations Plus and AAR....
15:12, 07/11/2019

OPEC Maintains World Oil Demand Forecast as Supply Concerns Continue OPEC cut its 2019 oil production growth forecast for its non-cartel peers, a week after the bloc and its allies extended their continuing output cut for another nine months....
15:12, 07/11/2019

Fast Times at Uniqlo's Owner Could Continue Uniqlo owner Fast Retailing’s shares have been on a trip to the moon since 2017. With the Bank of Japan providing some of the rocket fuel, the stock could stay high....
15:12, 07/11/2019

A New Chapter for Norwegian Air? Troubled budget airline Norwegian Air is trying to turn the page: Its chief executive is stepping down and flights between the U.S. and Europe are finally becoming more profitable. But investors shoul...
15:12, 07/11/2019

Bright Spot for Money Managers: ESG A record amount is flowing to investment managers engaged in socially responsible investing, an area of strength for stock pickers who have otherwise struggled to keep client money....
15:12, 07/11/2019

S&P Rating Is Landmark for Chinese Bond Market S&P Global became the first foreign credit-rating company to offer an independent assessment of risk in China’s vast domestic debt market, giving a top grade to a unit of the country’s largest bank....
12:24, 07/11/2019

Strains Emerge in China's $3 Trillion Financing Market Risky borrowers are running into trouble in China and that is putting pressure on trust companies, an important corner of the country’s shadow-banking system....
12:24, 07/11/2019

Global Stocks Climb After S&P 500 Record Stocks rose after Federal Reserve Chairman Jerome Powell hinted at a possible interest-rate cut later this month to support the U.S. economy as global growth slows....
12:24, 07/11/2019

AB InBev's Asian Unit Damps IPO Price Expectations Anheuser-Busch InBev’s Asian unit has guided investors to expect its IPO to price in the lower half of a previously indicated range, though that would still make it the world’s largest stock-market de...
12:24, 07/11/2019

Fed's Bullard Leans Toward Rate Cut at July Fed Meeting Federal Reserve Bank of St. Louis President James Bullard said Wednesday that based on where the economy is now he still favors a quarter-percentage-point rate cut when policy makers meet at the end o...
04:36, 07/11/2019

Videogames and Two-Day Delivery Powered the S&P's Rise to 3000 Tech stocks including Amazon.com and Netflix led the pack during the S&P 500’s half-decade march from 2000 to 3000, while oil companies were among the laggards....
04:36, 07/11/2019

SEC Clears Blockstack to Hold First Regulated Token Offering The Securities and Exchange Commission cleared blockchain startup Blockstack to sell bitcoin-like digital tokens, a first-of-its-kind offering that could give young cryptocurrency businesses a new fun...
04:36, 07/11/2019

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate Germany’s biggest bank....
04:36, 07/11/2019

World's best investment bank in the emerging markets 2019: BTG Pactual The firm has done well at home and in the region. Part of that is down to its ownership structure, and the rest is because growth is part of its DNA....
03:12, 07/11/2019

Shooting Rich People Into Space Isn't the Final Frontier British billionaire Richard Branson’s dream of shooting people into space may echo Apollo 11’s epic moon landing 50 years ago this month, but for investors it could end up looking more like the Apollo...
21:12, 07/10/2019

GE Bondholders Benefit at Shareholders' Expense General Electric’s bonds are outperforming GE’s stock by one key measure, a sign that the company’s restructuring is benefiting lenders more than shareholders....
17:24, 07/10/2019

Iron-Ore Prices Have Surged Almost 70%, Hitting Steelmakers Iron-ore prices have soared by more than 68% this year, a resurgence driven by falling supplies that has led to challenging times once again for steel mills that use the material....
16:24, 07/10/2019

Deflation Stalks Chinese Industry Again Right now, it’s a great time to be selling pork into China. It’s a bad time to be selling just about anything else—and a very bad time to be a Chinese central banker....
12:24, 07/10/2019

Europe Stocks Edge Down Ahead of Fed Testimony, Minutes European stocks slipped as investors awaited Federal Reserve Chairman Jerome Powell’s congressional testimony, where he will face questions on the central bank’s intentions over interest rates....
12:24, 07/10/2019

Once a Miser, Japan Inc. Is Opening Its Wallet to Buy Back Shares A record wave of share buybacks by companies such as Sony, SoftBank and Nomura Holdings has cheered investors who say Japan’s bosses are finally warming to stockholder interests....
12:24, 07/10/2019

Flood of New Jets Will Create Turbulence After years of getting crowded with small planes and big planes, the skies are about to be invaded by medium-sized planes. The shift may delight airlines and flyers, but is starting to create problems...
12:24, 07/10/2019

Piper Jaffray to Buy Sandler O'Neill for $485 Million Piper Jaffray Cos. is buying Sandler O’Neill & Partners L.P. for $485 million, combining two investment-banking firms and creating Piper Sandler Cos....
21:48, 07/09/2019

Philadelphia Fed's Harker Sees No Need for Interest-Rate Changes Philadelphia Fed President Patrick Harker said he doesn’t see a compelling reason to lower interest rates given the apparent strength of the U.S. economy....
21:48, 07/09/2019

Government Bond-Market Measure Says Recession Risk Growing The yield on three-month bills has exceeded that of the benchmark 10-year Treasury note by as much as 0.259 percentage point, the most since May 2007....
21:48, 07/09/2019

World's Coffee Growers Seek to Set Minimum Price to Help Poor Farmers Growers from Brazil, Colombia and more than two dozen other countries will meet in Brazil to talk about how to get more money to farmers suffering from the lowest prices on world markets in more than ...
21:48, 07/09/2019

Dow Industrials Edge Lower as Chemical Companies Decline U.S. stocks wavered, pulled by enthusiasm for hot tech stocks, anxiety about trade dispute fallout and speculation that central bankers will do their best to keep the global economy growing....
21:48, 07/09/2019

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restructuring....
21:48, 07/09/2019

India's Bond Market Could Benefit From Some Sin While governments in emerging markets have spent decades developing domestic bond markets, the finance ministry of the world’s second-most populous nation is turning to foreign-currency debt. Strangel...
14:24, 07/09/2019

Markets Are Calm, Then Suddenly Go Crazy. Some Investors Think They Know Why. Investors have noticed a force some call a “gamma trap,” and have been devising tools to estimate its size and direction in order to predict how markets will move and to trade around it....
14:24, 07/09/2019

Investors Shouldn't Get Used to Good News Hurting Stocks The easy narrative after Friday’s blowout jobs report was that good news on the economy is bad news for stocks, as bond yields jumped and the S&P 500 tumbled. As soon as bond yields stopped going up, ...
14:24, 07/09/2019

Fire Up the Grill: Propane Prices Have Tumbled If the slide in propane prices holds, households that are heated with the fuel and farmers who use it to dry crops could receive lower bills when they fill their tanks this autumn....
14:24, 07/09/2019

The Tricky Art of Being a Wellness Entrepreneur In a special Secrets of Wealthy Women podcast, host Veronica Dagher speaks with a panel of women entrepreneurs about delegating tasks and staying motivated in the wellness industry....
14:24, 07/09/2019

The Impact of TV Ads on Stock Trading New research suggests that commercials can spark investor curiosity, leading to a slight boost in trading activity in the advertiser’s stock the next day....
06:48, 07/09/2019

The Pitfalls of 'Designated Beneficiaries' for Mutual-Fund Accounts “Transfer on death” accounts go directly to beneficiaries upon the owner’s death. But they still need to be carefully coordinated with the owner’s overall estate plan....
06:48, 07/09/2019

VW Stalled Bond Probe, SEC Says The auto maker dragged out a federal investigation into whether it defrauded U.S. bond investors by omitting details about its efforts to cheat on diesel- emissions tests, according to the SEC....
01:24, 07/09/2019

Piper Jaffray Nearing Deal to Buy Sandler O'Neill for $485 Million Piper Jaffray is nearing a deal to buy Sandler O’Neill + Partners for $485 million in cash and stock, in a deal that could be announced as early as Tuesday....
23:12, 07/08/2019

Fed Expectations Trigger Record Run of Outflows in Leveraged Loans Funds that specialize in buying junk-rated corporate loans have recorded net outflows for 33 consecutive weeks, a record streak that highlights the diminished appeal of floating-rate debt when the Fed...
19:48, 07/08/2019

Citigroup Veteran to Take Over HSBC's U.S. Business The head of HSBC Holdings PLC’s U.S. operations is retiring and will be replaced by Citigroup Inc. veteran Michael Roberts, the London-based company said Monday....
19:48, 07/08/2019

Whiplash ETF Flows Follow Russell Rebalance The Russell ETFs raised $14 billion in the week leading up to the reshuffling of the underlying indexes, only to see it all come back out days later....
19:48, 07/08/2019

Are Auto Makers the New Value Stocks? Ford and General Motors possess an unusual pairing of superlatives: They boast two of the highest dividend yields in the S&P 500 while also having two of the lowest price-to-earnings ratios on a forwa...
19:48, 07/08/2019

After a Strong First Half, Stocks Tend to Stay Higher After U.S. stocks notched the strongest first half of a year since 1998, history suggests they are likely to finish off 2019 higher than they started....
17:48, 07/08/2019

U.S. Banks Rush in as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling the void, strengthening their stranglehold on the r...
17:48, 07/08/2019

Deutsche Bank Shares Fall Sharply on Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for more capital to help pay for staff cuts and losses....
17:48, 07/08/2019

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough....
17:48, 07/08/2019

Is President Trump Finally Getting a Weaker Dollar? President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to grind higher. Now, analysts say, the U.S. currency may finally be primed for a decline, albeit a s...
17:48, 07/08/2019

Turkish Lira Falls After Erdogan Ousts Central Bank Chief The Turkish lira dropped sharply as President Recep Tayyip Erdogan’s decision to fire the governor of the central bank left investors worried about economic mismanagement in a country dealing with hig...
11:48, 07/08/2019

During Stock Rally, Nervous Investors Buy Bonds Too Individuals are on track to purchase a majority of the U.S. government’s newly issued longer-term debt this year for the first time since the Treasury Department began publishing data....
11:48, 07/08/2019

Short Seller Targets Anta in Another Attack on China's Biggest Sportswear Company Carson Block’s Muddy Waters, a short seller, took aim at Anta Sports Products, becoming the third firm in little more than a year to question the financials of China’s most valuable sportswear company...
10:00, 07/08/2019

Global Stocks Fall as U.S. Rate-Cut Prospects Recede Share indexes fell on Monday, as the strength of the U.S. labor market prompted investors to reconsider how far and how fast the Federal Reserve might cut interest rates....
10:00, 07/08/2019

Deutsche Bank to Exit Global Equities, Trading Business Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decli...
19:24, 07/07/2019

The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. U.S. gas production is at a record high, but the infrastructure needed to move the fuel around the country hasn’t kept up. The result is price spikes, uneven distribution and fears of stifled economic...
19:24, 07/07/2019

Where to Invest When the Fed Cuts Rates Many believe the Federal Reserve is pivoting from raising interest rates to lowering them once again. Investors say rate cuts will spur spending and potentially prolong the bull market, but that is no...
15:00, 07/07/2019

Copper an Outlier as Most Markets Rebound on Trade A retreat in copper prices is signaling continued investor concern for the global economy, even after a cease-fire in the U.S.-China trade fight boosted stocks and other risky assets recently....
15:00, 07/07/2019

Plan on More Pharma Megamergers Tough R&D conditions and backlash over high drug prices have put megamergers back on the agenda for biotech and pharma companies desperate for growth....
00:00, 07/07/2019

Strong Jobs Report Boosts Discount Brokers Shares of discount brokerage firms such as E*Trade and Charles Schwab were among the top gainers in the S&P 500 stock index after the Labor Department released stronger-than-expected U.S. employment d...
20:12, 07/05/2019

U.S. Government Bond Yields Rise After Jobs Report The yield on the benchmark 10-year U.S. government note pushed back above 2% after a solid jobs report eased some of the pressure on the Federal Reserve to move aggressively to cut interest rates....
16:36, 07/05/2019

Gold Heads for Worst Day in a Year After Jobs Report Gold prices slid following an upbeat jobs report, heading toward their largest one-day decline in more than a year as traders dialed back bets that the Federal Reserve will lower interest rates....
16:36, 07/05/2019

Mutually Assured Disruption in Silicon Valley With venture-capital funds flowing freely, the competition to be a “disrupter” is brisk. Thing is, the battle for dominance burns lots of cash and hinders profitability while not disrupting much besid...
15:48, 07/05/2019

Stocks to Watch: Qualcomm, Kellogg, Novavax, Tyme Technologies, MarketAxess Some of the companies with shares expected to trade actively in today’s session include Qualcomm, following Samsung’s earnings guidance, and Kellogg, whose shares soared Wednesday....
15:48, 07/05/2019

Tourism, High Yields Lure Investors to Iceland Investors are buying government debt from Iceland, illustrating how the world-wide bond rally has pushed many beyond traditional havens in pursuit of higher yields....
15:48, 07/05/2019

Deutsche Bank's Investment-Banking Chief to Leave Deutsche Bank’s investment-banking chief, Garth Ritchie, has agreed to leave the embattled German lender, according to a person familiar with the matter....
15:48, 07/05/2019

Global Stocks Waver Ahead of U.S. Jobs Report European stocks were muted after a mixed session in Asia, as U.S. markets prepared to return from a public holiday and the U.S. jobs report was on tap for June later in the day....
10:36, 07/05/2019

Group That Includes TPG Is on Shortlist of Bidders for Group of Asian Hospitals A consortium that includes American private-equity firm TPG Capital is one of three shortlisted bidders for a $2 billion collection of Asian hospitals owned by Columbia Pacific Management....
07:36, 07/05/2019

Emissions Crackdown Fuels Palladium Rally Rising anxiety about the world economy has sent gold on a stellar run. But the haven has been left in the dust by one of its precious-metal peers: palladium....
18:00, 07/04/2019

Global Bond Party Bypasses China China’s $2.2 trillion government bond market has been noticeably absent from a global rally this year. Some investors are betting Chinese debt catches up to the trend in the months ahead....
13:00, 07/04/2019

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth and prompting calls for tighter regulation....
13:00, 07/04/2019

China Wants Troubled Anbang Insurance to Shrink Faster Chinese authorities are directing Anbang Insurance to sell off assets more quickly, with the goal of shrinking the troubled company to roughly half its previous size....
13:00, 07/04/2019

Cryptocurrency Derivatives Face U.K. Ban A British regulator proposed a ban on selling derivatives based on bitcoin and other digital currencies to individual investors, calling these products “unsuitable investments” for nonprofessionals....
13:00, 07/04/2019

Stocks Muted in Europe, Asia as Crude Slips European markets were subdued, a day after the Dow Jones Industrial Average hit a record high, as investors prepared for quieter trading sessions with the U.S. closed for Independence Day....
13:00, 07/04/2019

Washington Offers Companies Facing Enforcement a Package Deal Banks, asset managers and public companies could find it easier to settle regulatory enforcement actions without damaging other parts of their business....
02:36, 07/04/2019

OPEC's Partnership Concentrates Power in Riyadh and Moscow This week, the 14 members of OPEC extended an agreement with 10 other countries led by Russia to continue oil production cuts into 2020. While on paper the cartel trying to corral prices has widened c...
23:48, 07/03/2019

Chuck E. Cheese Mouse Stumbles into Bitcoin Trap When a cryptocurrency fan compared bitcoin favorably to tokens once used for purchases at Chuck E. Cheese, the chain’s official Twitter account was quick to defend its honor....
23:48, 07/03/2019

High-Tech Disruptors of Bond Market Enjoy Stock Surge Investors have richly rewarded a pair of companies that are bringing electronic trading to the bond market, which has long been dominated by Wall Street banks making deals by phone, email and instant ...
23:48, 07/03/2019

Trade Worries Have Eased, But Chip Stocks Aren't Out of the Woods Hopes of a U.S.-China trade truce have boosted chip-maker stocks, but the gains have started to erode as the semiconductor sector faces a weak second-half outlook....
23:48, 07/03/2019

Lagarde Has Investors Betting on Easy Money for Europe Christine Lagarde’s nomination to lead the European Central Bank sent investors scrambling to buy more government debt in a bet that she will oversee an easing of monetary policy to support the econom...
15:36, 07/03/2019

Unpacking the GIC result: why all that effort gets only 3.4% Should an institution with all that scale and ability be delivering more than this? The problem with long-term numbers is they still reflect issues from 20 years ago....
14:00, 07/03/2019

Stocks to Watch: Tesla, EOG Resources, Dish Network Some of the companies with shares expected to trade actively in today’s session include Tesla, which reported a new record for car deliveries, and EOG Resources, whose shares slid on fears of soft oil...
13:24, 07/03/2019

European Stocks Shrug Off Asian Losses to Rise German 10-year government bonds slid to a record low Wednesday on expectations that the European Central Bank’s likely new president, Christine Lagarde, will pursue more easy-money policies....
10:12, 07/03/2019

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve transferring parts of its once-prized equities business, including operations that serve hedge funds and other big...
20:00, 07/02/2019

Italy Wins Back Debt Investors as Yields Fall Across Europe Italy seems to be winning back investor confidence, bringing its borrowing costs down to levels last seen before two populist parties formed an unlikely coalition government last year....
17:48, 07/02/2019

Bank of America Cut Off Private Prisons Weeks After Lending to One Bank of America said last week it would stop dealing with private prisons. What it didn’t say: it had recently agreed to lend $90 million to one of the largest companies in the business through 2024....
17:00, 07/02/2019

China's Deleveraging Is Over Beijing has spent much of the past three years trying to stabilize debt levels in the Chinese economy, with some initial success. It is now apparent that the campaign is effectively at an end....
17:00, 07/02/2019

Trade Progress Hides Undercurrent of Risks for Investors Markets cautiously celebrated President Trump’s moves to defuse trade tensions with China over the weekend. Investors should be more wary. The type of deal on display reflects a worrisome trend that o...
17:00, 07/02/2019

Global Chip Makers Can't Catch a Break Just when the global semiconductor industry seems to be taking a breather from one geopolitical conflict, another one is rearing its head, as tensions between Japan and South Korea worsen....
17:00, 07/02/2019

Decline in Share Buybacks Poses a Hurdle for Stock Market Share repurchases by companies contracted for the first time in seven quarters for the three months ended in March, and some say the trend may continue....
17:00, 07/02/2019

FX: Brokers cannot afford an identity crisis The recent withdrawal of Stater Global Markets from the prime-of-prime broker market has underlined the need for providers to continue to prove their value to clients....
15:36, 07/02/2019

Budweiser Asia Unit Cracks Open 2019's Biggest IPO The Asia-Pacific unit of Anheuser-Busch InBev is seeking to raise as much as $9.8 billion in what could be the biggest-ever listing of a food or drink company....
09:36, 07/02/2019

Ban Forces Trading Shift for Europe's Biggest Stocks Investors and traders moved quickly to shift trading of Europe’s largest stocks from London to Switzerland after a major diplomatic breakdown threatened to reverse decades of financial market integrat...
22:48, 07/01/2019

Nobody Cares About Your FICO Score in Prison Cyber-incompetence isn’t a crime, and identity thieves rarely get caught. But now a least one senior executive, former Equifax U.S. Information Solutions Chief Information Officer Jun Ying, will do so...
22:48, 07/01/2019

OPEC Agrees to Keep Output-Cut Pact Into 2020 OPEC agreed to roll over its production cuts and extend them into the first quarter of 2020, the cartel’s officials said, but the new pact comes at the expense of deepening geopolitical fractures betw...
22:48, 07/01/2019

Embrace of Blackstone's Change Is Good News for Private-Equity Stocks Investor’s warm welcome for Blackstone Group’s debut as a corporation is an encouraging sign for rivals that are also considering abandoning their partnership structures....
22:48, 07/01/2019

Ratepayer Group Sides With PG&E Bondholders on Exclusivity California’s leading advocacy group for electricity ratepayers wants the bankruptcy court overseeing PG&E Corp.’s restructuring to let the troubled utility’s various stakeholders chime in on how it sh...
22:48, 07/01/2019

BitMEX: A bitcoin journey from bags of cash to the Cheung Kong Center Arthur Hayes felt the golden days of finance had gone by the time he got started in investment banking in Hong Kong – until cryptocurrency gave him the opportunity to establish platform BitMEX, now on...
20:36, 07/01/2019

Bond Exchange-Traded Funds Pass $1 Trillion in Assets The amount of money in fixed-income exchange-traded funds passed $1 trillion in June, an ascendance that has reshaped the market where countries and companies raise money to pay their bills....
15:24, 07/01/2019

Oil Leads Commodities' Rally on Trade Truce, OPEC Cuts Commodity prices rose after the U.S. and China agreed to restart trade negotiations, reflecting investors’ cautious relief surrounding relations between the world’s two largest economies....
14:00, 07/01/2019

Get a Lift With the Elevator Industry United Technologies and Thyssenkrupp’s plans have put two cornerstones of an attractive capital-goods industry in play for the first time in years, likely opening the door to a deal....
14:00, 07/01/2019

China's Campaign Against Online Reselling Would Be Ugly for Cosmetics China’s campaign to tax online sellers is bad news for daigou practitioners, the middlemen who buy cosmetics or baby formula abroad and resell it back home—and for companies that rely on selling to th...
14:00, 07/01/2019

Trade Truce Prompts Relief Rally for Stocks, Oil, Yuan Stocks, oil and the Chinese yuan rose Monday, boosted by a temporary cease-fire on trade between Beijing and Washington. Traders and analysts called the moves a relief rally, and cautioned that fricti...
09:36, 07/01/2019

Bitcoin's Surge Leaves Smaller Digital Currencies in the Dust One key difference between this year’s bitcoin climb and the last big rally is what has happened to other cryptocurrencies: they haven’t done as well....
19:12, 06/30/2019

This Fund Is Riding Bitcoin to Top Bitcoin is booming again. One of the biggest beneficiaries is Grayscale Bitcoin Trust, a fund that provides everyday investors with access to the world’s most popular cryptocurrency....
19:12, 06/30/2019

U.S. Deals Lead the Way as Rest of the World Lags Behind A flurry of mergers and big initial public offerings in the U.S. make it the runaway success story in global deal making, standing in contrast to sluggish activity in Europe and Asia....
19:12, 06/30/2019

Even $1 Trillion Can't Make the World a Better Place Norway’s large sovereign-wealth fund reversed its ethical ban on owning shares in five companies after they changed their ways. But the cause and effect is hard to discern....
19:12, 06/30/2019

Tesla's Big Quarter Won't Be Cause for Celebration The next catalyst for the electric-car pioneer will be its second-quarter vehicle-deliveries report this week. Even a strong number won’t put concerns about demand for its cars to rest though....
18:36, 06/29/2019

Market High from Trump-Xi Trade Truce May Not Last A number of assets are likely to react positively to the outcome of this weekend’s trade talks between the U.S and China, but financial markets may not be quite as exuberant as investors digest the lo...
15:00, 06/29/2019

Trade Truce a Relief to Markets---For Now Stocks and other risky assets are likely to enjoy a brief rally after the emergence of what appears to be a U.S.-China trade truce, analysts said. However, the longer-term outlook depends on what kind...
15:00, 06/29/2019

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mighty bank’s retreat from global prominence....
08:12, 06/29/2019

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
08:12, 06/29/2019

Once a Lonely Bond Bull, HSBC's Steven Major Takes Stock of This Year's Rally Steven Major’s contention that longer-term structural issues would suppress yields has made him one of the most-bullish analysts in the U.S. Treasury market....
08:12, 06/29/2019

Saba Can Nominate Slate to BlackRock Fund Boards, Delaware Court Says Saba Capital Management LP, a $1.7 billion hedge fund, will be allowed to nominate outsiders to the boards of two BlackRock Inc. closed-end funds, a Delaware court has found....
08:12, 06/29/2019

Former Abraaj Private-Equity Executive Pleads Guilty to Fraud A former Abraaj Group executive pleaded guilty in New York to engaging in racketeering and fraud at what was once the world’s largest emerging-markets private-equity firm....
08:12, 06/29/2019

Big Corn Crop Estimate Startles Markets The Department of Agriculture projected more corn acreage was planted this spring than last year despite record wet weather, sending corn futures sharply lower....
08:12, 06/29/2019

Heat Wave Powers Natural Gas to Best Week Since January Natural-gas prices edged lower Friday but still closed out their best week since January, a sign some traders are positioning for warm summer weather that could lift demand....
08:12, 06/29/2019

RealReal Shares Leap 45% in Trading Debut Shares of online marketplace The RealReal soared 45% in their first day of trading Friday, the latest in a wave of technology companies entering the public markets this year to a jubilant reception fr...
08:12, 06/29/2019

Treasury Yields Decline for Third Quarter in a Row U.S. government-bond yields fell for a third consecutive quarter, reflecting how worries over slowing growth and global trade have boosted investor demand for haven assets....
08:12, 06/29/2019

Proxy Advisers Split on EQT's Fight With Rice Brothers The two most influential proxy advisers reached opposite conclusions on whether natural-gas producer EQT’s shareholders should hand over control of the company to brothers who say they could run it be...
08:12, 06/29/2019

Vietnam's Moment Is Here The developing economy is benefiting from trade liberalization and its increasingly competitive position as a production base, but investors can still lose money betting on the boom....
12:48, 06/28/2019

Goldman Sachs, Ally Financial Beat the Fed to a Rate Cut Goldman is cutting the rate on its Marcus high-yield savings account to 2.15% from 2.25%, following Ally’s decision to lower its online-savings rate to 2.1% from 2.2%....
12:48, 06/28/2019

Some Hedge Against Renewed Trade Tension An Australian dollar short and bearish put options on a China stock ETF are among strategies protecting against a potentially disappointing meeting between President Trump and China’s Xi Jinping....
12:48, 06/28/2019

The OPEC Head Who Wants to Talk to Everybody Mohammad Barkindo has transformed what had been a largely technical position, envisioning the cartel as a kind of U.N. of oil producers that doesn’t shy away from geopolitics....
12:48, 06/28/2019

Troubled Boeing Is Still a World-Beater Big menus may have fallen out of favor in restaurants, which now tend to rely on a few crowd-pleasers. But they are still the likely path to success for troubled plane maker Boeing....
12:48, 06/28/2019

WeLab: A fintech experiment succeeds in Hong Kong Ex-Citibanker Simon Loong is playing a long game – he has assembled some powerful backers for his Hong Kong fintech and now, armed with a new virtual banking licence, he wants WeLab to take on the ter...
12:12, 06/28/2019

Nepal financial inclusion: Banking on top of the world Nepal’s government wants everyone to have access to a bank and has ordered a branch in each of the country’s 753 districts. Asiamoney journeys to one of the poorest and most remote parts of Asia, high...
12:12, 06/28/2019

Asia: Three decades of corporate achievement Asiamoney has recognized the most impressive companies across Asia-Pacific for the last three decades, publishing the Best Managed Companies Awards, the Corporate Governance Poll and Asia’s Outstandin...
11:24, 06/28/2019

30 years of capital market progress Asia Pacific used to be an afterthought for global banks, but thanks to China, it is now one of the world’s most important financial regions. Where once bond and loan bankers might do 20 deals a year,...
11:24, 06/28/2019

Financial markets: What's next for China? In 30 years, China has gone from a backward command economy to a global superpower, but what will the next 30 hold? Asiamoney picks 10 factors to watch, from the renminbi to bonds to wealth management...
11:24, 06/28/2019

Capital markets: Nepal seeks the right rating Chaos and upheaval in Nepal have given way to growth and stability, and investors have taken note. Capital is flowing in from India and China, while the government pushes ahead with securing its inaug...
11:24, 06/28/2019

Taiwan's finance system: Not-so-crazy, rich and regulated Over the last 30 years, Taiwan has become very wealthy – is that in spite of, or because of, the pariah island’s tightly restricted financial system? New finance minister, Su Jain-rong, gives Asiamone...
11:24, 06/28/2019

China: Three decades, six leaders As part of Asiamoney’s 30th anniversary coverage, we have selected six key individuals who have contributed more than most to the development of banking and capital markets in China. Their stories ill...
11:24, 06/28/2019

Burner Phones, Leaks to Journalists: Regulators Probe Suspected Insider-Trading Scheme A former Citigroup employee was the alleged middleman in what authorities believe may be an insider trading scheme, according to people familiar with the matter and disclosures in a U.K. court case....
11:00, 06/28/2019

Asian Stocks Slip as G-20 Begins Asian stocks slipped on Friday as investors awaited a meeting between Presidents Donald Trump and Xi Jinping at the Group of 20 summit, where trade negotiations will be top of the agenda....
10:36, 06/28/2019

Asiamoney China gold awards 2019 The inaugural Asiamoney China Gold Awards seek to recognise Chinese banks that have excelled in serving corporate and retail clients in the gold market. In making our decisions, banks were asked to pr...
09:00, 06/28/2019

IPO Buyers Think Big With Addressable Markets Today Fido’s gluten-free dog biscuits, tomorrow the world! Investors in recent initial public offerings are being charmed by claims to potential addressable markets....
00:36, 06/28/2019

State Street to Pay $88 Million Settlement for Overcharging Clients State Street Corp. agreed to pay $88 million to settle the top U.S. securities regulator’s allegations that the custody bank overcharged its investment-firm clients....
00:36, 06/28/2019

Gold Loses Some Luster Ahead of Summit Gold prices retreated from multiyear highs Thursday, as investors awaited the outcome of trade discussions between U.S. and Chinese leaders at the Group of 20 summit at the end of the week....
00:36, 06/28/2019

Inflation Bonds Rally Without Inflation, Signaling Fed Bets Demand is surging for U.S. government bonds that have returns adjusted for the rate of inflation, even as investors have grown increasingly skeptical about the potential for prices to rise....
00:36, 06/28/2019

Democrats' Comments Give Health-Care Stocks a Stronger Pulse Beaten-down health-care stocks are seeing some relief after most Democratic presidential candidates shied away from forcefully endorsing plans to nationalize the U.S. health insurance industry...
00:36, 06/28/2019

Sapphire Reserve Strains JPMorgan's Ties With United Airlines JPMorgan’s Sapphire Reserve has been a hit with frequent travelers and big spenders since its launch nearly three years ago. That is a problem for United, which wants those same customers to sign up f...
00:36, 06/28/2019

Bank of Mexico Maintains Interest Rates in Split Vote The Bank of Mexico kept interest rates unchanged Thursday in a split decision, citing risks for inflation from both domestic and external sources and a worsening outlook for economic growth....
00:36, 06/28/2019

North Carolina Regulators Seize Control of Life Insurers Owned by Greg Lindberg North Carolina’s insurance department seized control of a group of troubled life insurers owned by Greg Lindberg, who was arrested in April on federal criminal charges of conspiring to bribe the state...
00:36, 06/28/2019

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build graduate student housing, subsidized accommodation fo...
14:24, 06/27/2019

Cannabis Investors Are Zoning Out About Supply Cannabis can’t cross state lines today, but should federal laws change, high-cost growers and areas with less favorable climates for cannabis growing will be undercut....
14:24, 06/27/2019

Bond Fight Pits Main Street Against Wall Street A rebellion is brewing in the $9 trillion corporate-bond market, as an unlikely alliance of municipal treasurers, algorithmic-trading specialists and individual investors fight a Securities and Exchan...
14:24, 06/27/2019

Former Hong Kong Exchange Official Arrested in Graft Probe Hong Kong’s anticorruption watchdog arrested a former high-ranking official at the city’s stock exchange for allegedly rigging the approval system for companies applying to go public....
14:24, 06/27/2019

Trump and Xi Have Reason to Step Back From the Brink Both the U.S. and China are heading into the G-20 loudly proclaiming they don’t need a deal. The reality is that both economies have already suffered substantial damage—and the next round of tariffs w...
14:24, 06/27/2019

Russell Rebalancing Promises Trading Frenzy A surge in trading is expected Friday as stocks are added to and dropped from FTSE Russell’s U.S. benchmarks. During last year’s rebalancing, about $100 billion of individual stocks were traded in the...
14:24, 06/27/2019

European Stocks Follow Asian Indexes Higher Stocks in Europe were lifted higher by a positive sales report from clothing giant H&M and news that German chemical giant Bayer would look to settle major legal problems....
10:36, 06/27/2019

Facebook's Zuckerberg Backs Privacy Legislation Facebook Chief Executive Mark Zuckerberg endorsed federal privacy legislation and greater regulation of political advertising, even as he cast governments as too slow to address many of the internet’s...
01:12, 06/27/2019

Oil Jumps on Supply Concerns, as Stockpiles Fall by Most Since 2016 Oil prices extended their gains Wednesday after U.S. oil inventories had their biggest one-week drop since 2016 and investors shifted their focus to supply....
00:12, 06/27/2019

Philadelphia Refinery, Largest on East Coast, Closing Its Doors The Philadelphia Energy Solution refinery, the largest and oldest refinery on the East Coast, is shutting down and will be put up for sale, less than a week after a huge fire and explosion at the comp...
22:24, 06/26/2019

Why This Time Is Different for CBS and Viacom The media companies have previously faced obstacles to merging, but conditions have changed. Just because a merger hasn’t worked out before doesn’t mean it won’t this time around....
18:36, 06/26/2019

China's Inward Tilt Could Cripple It China’s leaders say they don’t need rapid export growth—or a trade deal—to keep the economy humming. If the nation wants to solve its debt problem and keep productivity growing, that is probably wrong...
18:36, 06/26/2019

Key Chinese Lending Rate Hits Lowest Since 2009 Short-term borrowing costs between Chinese banks dropped to their lowest levels in a decade, as regulators sought to reassure markets that were spooked by the government takeover of a troubled bank la...
18:36, 06/26/2019

Japan's Banks Squeezed by Zero-Yield Experiment A few years after the Bank of Japan fixed the yield of the 10-year government bond to around zero to encourage economic investment, market demand has pushed yields well below the zero target, further ...
18:36, 06/26/2019

Giant Investors Are Coming After One of Wall Street's Cash Cows Wall Street’s role as matchmaker between big money managers and corporate executives is under threat as several large investing firms are banding together to directly organize meetings with company ex...
18:36, 06/26/2019

Treasury Yields Rebound on Trade Hopes U.S. government-bond yields rebounded from a recent slide, boosted by bets that a potential trade agreement between Beijing and Washington could lift the outlook for the world economy....
18:36, 06/26/2019

Backer of Well-Known Hedge Funds Shuts Down Boston-based Adamas Partners, a $1.7 billion investment firm that invested in hedge funds including Baupost Group and Farallon Capital Management, is closing its doors....
18:36, 06/26/2019

China bond market: Dodgy numbers undermine ratings China has made great strides in developing its bond market, but bankers and credit analysts admit there are still big problems with the accuracy of financial accounting....
12:12, 06/26/2019

China debt: Baoshang bailout rattles lenders The move prompts questions about which other banks could be at risk, and forces the central bank to guarantee Bank of Jinzhou’s issuance of short-term debt....
11:24, 06/26/2019

Global Stocks Follow Wall Street Lower as Fed Signals Independence Global stocks slipped and the dollar firmed Wednesday after comments from Federal Reserve officials dampened hopes the central bank would move quickly to ease monetary policy....
10:24, 06/26/2019

Is Cryptocurrency Ready for Stephen Moore? Pundit Stephen Moore didn’t get onto the Federal Reserve Board, but he has joined a “decentralized central bank” that hopes to tame cryptocurrencies like bitcoin....
22:48, 06/25/2019

Treasury Yields Decline Following Weak Economic Data The yield on the 10-year Treasury note dropped below 2% yet again on Tuesday after weak U.S. economic data bolstered the case for the Federal Reserve to cut interest rates in coming months....
22:48, 06/25/2019

Energy Stocks Diverge From Oil Prices Energy shares are sliding this week despite oil’s climb—a divergence some analysts say could last if geopolitical tensions in the Middle East continue to escalate....
22:48, 06/25/2019

Nestlé, Novartis Among Companies at Risk of London Trading Ban Switzerland and the EU are at loggerheads over an overhaul of the complex ties that have guided the relationship for decades. The ability of some investors to trade blue-chip Swiss companies could be ...
22:48, 06/25/2019

Gold Rally Picks Up Steam as Investors Pile In The most-active gold futures contract rose more than 1% Tuesday to $1,435 a troy ounce, heading for a fresh six-year high as investors anticipate lower interest rates and seek alternatives to currenci...
22:48, 06/25/2019

Olympic Games Are Getting More Competitive for Advertisers The Olympic Games remain advertising gold—so much so that exclusive sponsorship deals are becoming much costlier for the world’s most powerful companies....
16:24, 06/25/2019

Facebook's Pricey Ad Spend May Not Impress Facebook plans to spend big to revamp its image with users. But while the social media giant has made its fortune selling other companies’ ads, its own brand investments may not pay off....
16:24, 06/25/2019

Is There a Big Short in Bitcoin? Hedge funds and other big traders are betting that bitcoin will fall, even as the digital currency has risen above $10,000 on a new wave of crypto-optimism....
16:24, 06/25/2019

Deutsche Bank's Equities Chief Expected to Leave Deutsche Bank’s global head of equities is expected to leave the bank, the latest move in a planned downsizing of the German lender’s investment bank, according to people familiar with the matter....
16:24, 06/25/2019

The Loan That Fueled a Star Investor's Risky 'Illiquid' Bets U.S. financial giant Northern Trust could be on the hook for losses related to the unraveling of a star U.K. fund manager, in a case that is drawing attention to the dangers of hard-to-sell assets in ...
16:24, 06/25/2019

Argentina: It’s time to take money off the table Argentina’s politicians have played their cards for the coming presidential election – Cristina Kirchner surprised everyone by lining up behind Alberto Fernandez....
13:24, 06/25/2019

Global Stocks, Treasury Yields Slip European stocks followed Asian indexes lower, while haven assets gained, as investors turned cautious a day after the recent rally in global markets paused....
11:48, 06/25/2019

PG&E Bond Prices Jump, While Shares Fall PG&E bond prices surged in heavy trading even as shares declined, a divergence that some analysts said reflects uncertainty about how much new equity the bankrupt utility needs to raise to address cla...
03:00, 06/25/2019

Bigger Is Better in U.S. Stock Market In the past 12 months, the Russell 2000 index of small-cap stocks has lost 8.5%, compared with the S&P 500, whose 7.2% rise has been driven by Facebook, Netflix and other technology stocks....
03:00, 06/25/2019

Investors Play Offense With Defense-Focused Stocks The U.S. may have held off on an airstrike against Iran in favor of sanctions, but U.S. stock investors are decidedly choosing aerospace and defense....
03:00, 06/25/2019

Shelly Porges on Creating a Business Worthy of Investment Shelly Porges—co-founder of The Billion Dollar Fund for Women, a global consortium of venture funds for women-founded firms—explains what separates a good idea from a successful business in WSJ’s Secr...
03:00, 06/25/2019

Stocks Exchanges Accuse Government of Ethics Lapse in Market-Data Fight The New York Stock Exchange and Nasdaq Inc. on Monday accused a senior regulator who supervises them of having ethical conflicts, raising the ante in a battle with Washington over how the companies se...
03:00, 06/25/2019

Stocks to Watch: Caesars, Bristol-Myers, Carnival, and More Caesars Entertainment, Bristol-Myers Squibb, Carnival, and FedEx are some of the companies with shares expected to trade actively in Monday’s session....
20:00, 06/24/2019

Bristol-Myers' Celgene Deal Can Still Be a Winner Bristol-Myers Squibb faces a new obstacle in closing the acquisition of rival Celgene: It will divest itself of psoriasis treatment Otezla to satisfy regulators’ concerns. But the pharmaceutical compa...
20:00, 06/24/2019

Stock Market's Record Isn't a Reason to Worry With the S&P 500 reaching a fresh high again last week the obvious worry is that investors are getting overenthusiastic. But glance at the stocks that are leading the market and there are no obvious s...
20:00, 06/24/2019

Slack: Direct listings are a bit more like IPOs than you think A lack of underwriting or stabilization certainly makes Slack’s route to market different to the norm, but don’t be fooled into thinking there’s no old-fashioned art behind it....
15:48, 06/24/2019

One of the Best Investments in History Becomes a Headache One of the best investments of all time has become a big financial headache. Tencent’s anchor shareholder has a curiously incomplete plan to manage the downside of its extraordinary early bet on the C...
15:00, 06/24/2019

Investors Are Glum, Even With Stocks at All-Time Highs The share of individuals who say they expect U.S. stocks to rise over the next six months has held below 30% for six consecutive weeks. Some analysts say a bit of doubt is better than steady euphoria....
13:48, 06/24/2019

Mortgage Bond That Vanished Is Back A unit of private-equity firm Cerberus has issued debt secured by home-equity lines of credit. The securities received a triple-A rating from four agencies....
13:48, 06/24/2019

Global Stocks Struggle for Direction Global stocks struggled for direction ahead of the next key event for global trade discussions, the highly anticipated G-20 meeting in Japan later in the week where the Chinese and U.S. presidents pla...
13:48, 06/24/2019

China's Money-Markets Strains Ease, but System Is Still Vulnerable to Shocks Signs of funding stress in China’s money markets have abated after the country’s financial regulators urged banks and brokerages to restore calm, but the recent disruptions show the financial system’s...
13:48, 06/24/2019

Indexing Giant Vanguard Examining a Push Into Private Equity Vanguard Group has had exploratory discussions with a handful of private-equity firms as the indexing giant considers whether to push further into alternative investments....
19:48, 06/23/2019

World Economy Comes to Grips With Bond-Yield Plunge Investors, companies and central banks are adjusting to the sudden drop in bond yields, which many observers see as a sign of imminent recession or a long period of sluggish growth....
19:48, 06/23/2019

It's Not Too Late for Bayer to Heal Shares of chemicals and pharmaceuticals giant Bayer have been laid low by legal liabilities from its deal for Monsanto, but the situation is likely to improve....
15:12, 06/22/2019

Global Central Bank Shift Eases Drag on Chinese Currency Shifts toward easier monetary policy by central banks in the U.S. and Europe have reduced some of the downward pressure building on China’s currency....
12:12, 06/22/2019

For Ponzi Victims, the Aftermath Is Long When frauds collapse, trustees sweep in to help investors get back some of what they lost; in some cases, investors wait almost a decade for their first checks....
08:48, 06/22/2019

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of large financial firms....
01:24, 06/22/2019

Stocks to Watch: UnitedHealth, PayPal, Sprouts Farmers Market, and More Companies with shares expected to trade actively in Friday’s session include UnitedHealth, PayPal, Sprouts Farmers Market, Walmart, and LSC Communications....
16:48, 06/21/2019

Philadelphia Refinery Rocked by Large Explosion, Fire A large explosion and fire erupted at an oil refinery in south Philadelphia on Friday, officials said, adding that no injuries were reported and the fire appeared to be contained....
16:48, 06/21/2019

Hating the Fed Is as American as Apple Pie When President Trump complains about the Federal Reserve, he’s taking part in a tradition of central-bank bashing that stretches back to America’s founding. But for all the missteps the Fed has made o...
13:24, 06/21/2019

Stocks Are Sitting Pretty Heading Into Summer Stocks are on pace for their best June in more than a half-century. Despite lingering trade tensions and questions over Federal Reserve policy, the S&P 500 has advanced 7.3% so far this month, while t...
13:24, 06/21/2019

Former UBS Banker in China Convicted in Cross-Border Insider Trading Case A former banker from UBS’s Shanghai office was sentenced to nine years in prison in a case involving leaks about a $6.3 billion takeover by Cosco Shipping Holdings....
13:24, 06/21/2019

Art Looks Better in Private Collections The sale of Sotheby’s this week to a French billionaire takes one of the few listed art companies off the market. But such stocks haven’t lived up to investment hopes anyway....
13:24, 06/21/2019

The World Doesn't Need Trouble in Chinese Steel The world’s largest steel industry is being squeezed between rising iron-ore costs and falling steel prices. More trouble for global steelmakers and Chinese banks alike won’t be far behind....
13:24, 06/21/2019

Quadriga Founder Spent Client Money, Bankruptcy Monitor Says The court-appointed monitor for bankrupt QuadrigaCX said the Canadian cryptocurrency exchange’s late founder took most of the money entrusted to him by clients and spent much of it on himself and his ...
10:48, 06/21/2019

Global Stocks Tread Water After S&P Record European stocks were largely flat as geopolitical risks prompted a return to safer assets for some investors and profit-taking for others after a run of gains this week....
10:48, 06/21/2019

UBS 'Chinese Pig' Apology Doesn't Fly A week after a UBS economist’s offhand comment about pigs in China morphed into an online scandal, the bank is still feeling the pain in one of its most important markets....
00:24, 06/21/2019

Investors Dodge Global Worries in Currencies of Egypt, Ukraine Investors are snapping up exotic currencies like the Egyptian pound and Ukrainian hryvnia as they seek assets with little correlation to global markets amid rising worries over growth and trade....
00:24, 06/21/2019

OYO Plans to Dominate the Hotel Industry---on a Budget Indian hotel chain OYO has expanded to 74 countries since it opened in 2013, touting its ‘comfort design’ and ‘hard-to-ignore prices.’ Customer reviews tell a different story....
00:24, 06/21/2019

Gold's Run Signals Worrying Future Gold has hit an almost six-year high after the Federal Reserve signaled that it was willing to lower interest rates. If rates continue to fall, expect further jumps in the yellow metal. But the moves ...
00:24, 06/21/2019

Blame Brexit for Carnival's Sinking Shares Cruise operator Carnival Corp. was the worst performer in the S&P 500 on Thursday as the company’s financial results were hit by Brexit and other political decisions....
00:24, 06/21/2019

ESG: green bonds have a chicken and egg problem Everyone wants to buy green bonds but many issuers, concerned about cost and complexity, don’t want to sell them. Non-green issuers could be all too ready to fill the void....
13:24, 06/20/2019

China's Dalian Wanda Plans Singapore REIT Listing Chinese conglomerate Dalian Wanda is planning to list a real-estate business in Singapore, in a deal that could value that collection of properties at more than $1 billion....
12:36, 06/20/2019

Beware of Tremors in China's Commercial Property Market Things are getting worse in the Chinese commercial property market. Given the fragility of China’s opaque financial system, investors would be wise to keep an eye on the situation....
12:36, 06/20/2019

Fannie and Freddie's Latest Push: Factory-Built Homes The gatekeepers of America’s housing market, Fannie Mae and Freddie Mac, want to make it more affordable to buy a manufactured home. So far, they have found it a tough sell....
12:36, 06/20/2019

A 10-Year Treasury Yield Below 2% Is Something Almost Nobody Saw Coming Yields that have hit multiyear lows reflect the difficulties central bankers face in normalizing monetary policy after a decade of unusually easy money....
12:36, 06/20/2019

Stocks Extend Gains After the Fed as Bond Yields Dip Global stocks and commodities rallied while Treasury yields dipped after the Federal Reserve suggested it would cut interest rates if the economic outlook doesn’t improve in the coming months....
10:48, 06/20/2019

Do Investors Really Want This Fed Rate Cut? Investors betting that the Fed will almost certainly cut rates next month and twice more in 2019 following Wednesday’s meeting should consider what sort of economic and profits figures will prompt eas...
04:00, 06/20/2019

Fed, Congress Promise Scrutiny of Facebook Cryptocurrency The social network began to learn how Washington will check its push into digital currencies, with leaders of the Federal Reserve and an influential Senate committee saying they will scrutinize its ro...
04:00, 06/20/2019

Treasury Yields Fall After Fed Decision U.S. government-bond yields declined as investors responded to signals from the Federal Reserve that it could lower interest rates in the coming months if the economic outlook worsens....
21:48, 06/19/2019

Oil Wavers As Oversupply Concerns Ease Oil prices wavered between gains and losses on Wednesday as concerns about oversupply were mitigated by government data showing a decline in U.S. production and crude stockpiles....
18:36, 06/19/2019

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role responsible oversight of the bank’s sprawling North Amer...
18:00, 06/19/2019

The Future of Housing Rises in Phoenix High-tech house flippers such as Zillow are using algorithms to reshape the stodgy, $26 trillion market for U.S. residential real estate. They started in Phoenix, the petri dish for America’s housing ...
18:00, 06/19/2019

Thank Boeing for the Dow's Latest Rise The Dow Jones Industrial Average is within striking distance of a record, thanks to a stock that had been one of its biggest laggards earlier this year: Boeing....
18:00, 06/19/2019

Green bonds have a chicken and egg problem Everyone wants to buy green bonds but many issuers, concerned about cost and complexity, don’t want to sell them. Non-green issuers could be all too ready to fill the void....
17:36, 06/19/2019

Will the June Fed Meeting Buck the Trend for Stocks? Markets are on tenterhooks ahead of Wednesday’s Federal Reserve policy decision, and it is not hard to see why. Fed days haven’t been good for stocks over the past year and a half....
16:36, 06/19/2019

Slack's Ascent Could Face Some Bumps Slack will be the next U.S. unicorn to go public, opting for a direct listing on the New York Stock Exchange on Thursday. But while the market has given other cloud-based unicorns this year a raucous ...
16:36, 06/19/2019

Facebook's Crypto Plan Borrows From China The Chinese precedents suggest the social-media giant needs to focus less on crypto engineering and more on improving the use case for its new currency....
15:12, 06/19/2019

Bond Investors Get New Tools to Speed Up Trading Electronic bond-trading platforms are racing to expand their offerings as traders demand greater integration of the technology that is transforming how they buy and sell holdings....
15:12, 06/19/2019

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platform....
11:36, 06/19/2019

Investors Hold Fire Ahead of Fed Decision European stocks edged lower after a positive session in Asia, where markets welcomed upbeat comments on trade from President Trump and the prospect of fresh central-bank stimulus for the eurozone....
10:48, 06/19/2019

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
21:36, 06/18/2019

CerberusHunts for Yield in Mongolia New York-based Cerberus Capital Management is in talks to make its first investment in Mongolia as part of a broader push into the world’s riskiest markets....
20:00, 06/18/2019

Markets Bet on Fed Rate Cut---but Goldman, UBS Don't Agree Despite the market’s conviction, analysts from Goldman Sachs to Bank of America doubt the Fed will cut rates this summer. As the central bank kicks off its meeting, here’s a look at what analysts are ...
20:00, 06/18/2019

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh central banks more in politics—and make them less reli...
20:00, 06/18/2019

Warning Lights Are Flashing In China's Money Market Risk aversion in China’s money markets appears to be spreading following defaults on short-term bond repurchase agreements and worries about bank creditworthiness. That could trip up the central bank’...
20:00, 06/18/2019

Energy Stocks and Bonds Follow Oil Lower The recent slide in oil prices has prompted investors to scale back on shares and bonds of energy companies when markets broadly remain strong—a divergence some traders and analysts don’t think will l...
20:00, 06/18/2019

GM Terminated the Hummer. Will it Be Back? Arnold Schwarzenegger helped to popularize GM’s Hummer before the model was discontinued when the auto maker exited bankruptcy nearly a decade ago. Now, a revived Hummer could be coming to market....
20:00, 06/18/2019

China Cracks Down on Canadian Pork Canada said China has banned imports from a Canadian pork company, weeks after Canadian officials warned the meat industry of heightened Chinese scrutiny of its products....
20:00, 06/18/2019

Government Bonds Rally as ECB Signals Easing Soon Government-bond yields around the world fell to fresh lows for the year after European Central Bank President Mario Draghi said the bank could soon add stimulus to support the region’s economy....
20:00, 06/18/2019

Moj Mahdara on Putting Finances Before Beauty It’s time for women to speak freely about their finances, says Moj Mahdara, an entrepreneur and chief executive of BeautyCon Media Inc., in WSJ’s Secrets of Wealth Women podcast with Veronica Dagher....
20:00, 06/18/2019

Markets Weigh Up Draghi Versus Trump European monetary policy erupted into a war of words. For now, markets seem to be listening most closely to European Central Bank chief Mario Draghi....
20:00, 06/18/2019

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
20:00, 06/18/2019

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment bank....
20:00, 06/18/2019

Lumber Prices Climb on Cutbacks at Canadian Saw Mills Lumber prices continued their sharp climb in June after North America’s largest producer said it would close one mill in British Columbia and eliminate a shift at another....
20:00, 06/18/2019

Ripple to Invest Up to $50 Million in MoneyGram Ripple, a startup behind the XRP cryptocurrency, agreed to invest up to $50 million in MoneyGram International in a deal that stands to rank among the first crypto-based company investments in a major...
23:00, 06/17/2019

Growth Fears Override Supply Squeeze for Beaten-Down Copper A work stoppage at a huge Chilean mine has failed to boost copper prices, indicating that investors are wary of betting on growth-sensitive commodities ahead of the G-20 summit in Japan in late June....
21:12, 06/17/2019

Loan Market Splits Between 'Haves and Have-Nots' Some lower-rated businesses are being forced to pay up to complete new debt offerings even as others attract robust demand for their bonds and loans, a sign the debt market is bifurcating at a time of...
21:12, 06/17/2019

Blank-Check Boom Hits Snag The Securities and Exchange Commission is cooling off the race to bring more blank-check companies to U.S. investors, after a string of controversial episodes involving such firms....
21:12, 06/17/2019

KPMG Agrees to Pay $50 Million Penalty Tied to Misconduct Allegations KPMG agreed to pay $50 million to settle allegations that former employees got an unlawful sneak peek at regulators’ plans to inspect its work and auditors at the firm cheated on internal training exa...
21:12, 06/17/2019

Meat Producers Hit on Flooding Concerns U.S. meat producers’ pain worsened Monday, as their shares were hurt by fears about how persistent flooding is affecting crops they rely on for feed....
21:12, 06/17/2019

Chinese Regulators Try to Calm Fears of a Funding Squeeze Chinese regulators made fresh attempts to calm frayed nerves in the country’s financial sector, as bank liquidity remained tight by some measures three weeks after authorities took over a struggling c...
15:00, 06/17/2019

Stocks Tread Water Ahead of Major Central Bank Meetings Investors await a series of central bank policy meetings this week, with the main focus to be on the Federal Reserve, whose members are likely to debate an interest-rate cut....
15:00, 06/17/2019

Bitter Reality Is Setting in for Europe's Airlines So much for hopes that European airlines will finally put their house in order and rival the profitability of U.S. peers. A big profit warning from Lufthansa—the top European carrier by passengers—is ...
15:00, 06/17/2019

Fed Stimulus Just Ain't What It Used to Be Unnerved by mounting risks to the U.S. economy, the Federal Reserve is considering lowering interest rates. Rate cuts might not provide the economy with as much oomph as in the past, though....
13:12, 06/17/2019

New Fundraising Channel for China Inc. Opens in London Share-backed instruments from one of China’s biggest brokerages began trading in Britain, under a just-launched program linking markets in Shanghai and London, but modest pricing for the over-$1.5 bil...
12:48, 06/17/2019

Bitcoin Tops $9,000 as Crypto Rally Trounces Stocks, Bonds, Gold and Oil The price of bitcoin rose above $9,000 to a 13-month high, extending a rebound that has made cryptocurrencies far outperform traditional asset classes this year....
12:12, 06/17/2019

Questions Over Drivers and Wine Storage Push out Senior ANZ Executive David Hisco, head of ANZ’s New Zealand operation, left the job after a review concluded that his characterization of expenses fell short of internal standards....
09:36, 06/17/2019

Corporate Bonds Give Reassuring Signals Amid Market Jitters Solid demand for U.S. corporate bonds is signaling a reasonable amount of optimism from a group of investors known for their caution—a development that is helping ease worries about an economic slowdo...
09:00, 06/17/2019

Oil's Slide Highlights Global-Growth Fears Oil prices have remained soft this month despite rising geopolitical tensions and threats of supply disruptions, the latest sign that investors fear trade friction will hit global growth and sap deman...
05:36, 06/17/2019

ArisGlobal Sells Majority Stake to Europe's Nordic Capital European buyout firm Nordic Capital has agreed to acquire a majority stake of U.S.-based ArisGlobal, in a deal that values the life-sciences software company at $700 million including debt....
21:24, 06/16/2019

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings and portend bigger-than-expected loan losses at targ...
20:36, 06/16/2019

Markets Send Mixed Signals on Trade Battle Markets are sending conflicting signals about how big a threat the global trade rift presents, underscoring the difficulty investors face in sizing up the fallout from the U.S. and China’s spat....
16:48, 06/16/2019

Calpers' Dilemma: Save the World or Make Money? The California Public Employees’ Retirement System was one of the first public pensions to tie its investments to social activism. Now it is having second thoughts....
16:48, 06/16/2019

Alleged 1MDB Co-Conspirators Sentenced to Prison Two prominent figures in a global Malaysian sovereign-wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, according to a statement from the emirate’s criminal ...
13:24, 06/16/2019

Auto Consolidation Is Vital but Needs a Crisis Most successful auto mergers are born of crisis. Even if Fiat Chrysler finds a deal with Renault, investors shouldn’t expect a broader consolidation wave until industry profits look a lot shakier....
17:24, 06/15/2019

FX Survey 2019: Results index Euromoney magazine has released the results of its 41st annual foreign exchange ranking, the most comprehensive quantitative and qualitative annual study available on the FX markets....
05:36, 06/15/2019

Investors Find Blue Apron Split Hard to Digest A reverse stock split may not be the right recipe for beleaguered meal-kit company Blue Apron Holdings. Its shares dropped more than 10% cents a day after its board approved a 1-for-15 split....
21:48, 06/14/2019

High-Speed Traders Back Exchanges in Fight With SEC Three big high-speed trading firms asked a federal court to halt a SEC initiative that would limit the rebates that stock exchanges pay to attract investors’ orders....
20:36, 06/14/2019

London Metal Exchange Bans Daytime Drinking by Traders The London Metal Exchange, a 142-year-old trading venue where traders set prices for metals by shouting orders across a ring of red sofas, has banned drinking on the job....
20:36, 06/14/2019

Record Low Inflation Expectations Bolster U.S. Government Bonds Treasury prices are rising again Friday, with the 10-year yield briefly falling below 2.08% amid an inflation sentiment reading that touched a record low....
20:36, 06/14/2019

Dueling Bond Markets Send Mixed Message on Risk U.S. bond markets sent mixed signals about risk as investors jumped back into funds that buy risky corporate debt, while Treasury bond yields hovered near record lows, reflecting concerns about slowin...
20:36, 06/14/2019

The Market's Inflation Expectations Aren't Making Sense Inflation expectations implied by the price of financial assets are a key guide for central bankers and investors alike. Seeing how they have behaved of late, their credibility should be questioned....
15:00, 06/14/2019

Stocks Slip as Middle East Tensions Boost Haven Assets Global stocks fell and investors rushed into bonds, gold and other haven assets as rising tensions in the Middle East added to concerns over growth and trade....
15:00, 06/14/2019

Oil Demand Takes a Hit From Cooling Economic Growth A cooling global economy could mean slower oil demand growth in 2019 even while oil producers maintain plentiful supply, the International Energy Agency said....
12:36, 06/14/2019

Silicon Valley Makes a Mess in the Kitchen Tech venture-capital funds are pouring money into innovative kitchen and bathroom brands like Brandless and Charlotte Tilbury, yielding a spotty track record as their focus on rapid growth often doesn...
12:36, 06/14/2019

Gold Jumps to 14-Month High Prices of the precious metal climbed as concerns about the health of China’s economy hit riskier commodities and tensions in the Middle East boosted haven assets....
12:36, 06/14/2019

Analysts sound warnings on South Korea’s risks Economic deterioration and foreign-policy obstacles present tough political challenges for the president and DPK ahead of legislative elections next year – and require utmost vigilance from investors....
11:48, 06/14/2019

New Fund for Southeast Asia Tech Hits First Close A new Southeast Asia-focused private-equity firm launched by a group of seasoned technology executives has hit the first close of its debut fund, the latest sign of investors’ growing enthusiasm for s...
05:12, 06/14/2019

KPMG to Pay as Much as $50 Million to Settle SEC Probe KPMG is preparing to pay as much as $50 million to settle civil claims related to the conduct of former partners who learned which of their audits would be subject to surprise regulatory examinations....
05:12, 06/14/2019

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
00:12, 06/14/2019

BlackRock Splits Leadership Roles at European Stock-Picking Unit BlackRock is installing a new boss at its European stock-picking arm as the Wall Street behemoth looks to boost returns and assets in that part of its business....
00:12, 06/14/2019

A Tanker War Would Rock the Oil Market Oil prices briefly surged following attacks attributed to Iran near the Strait of Hormuz, and comparisons to the ineffective Tanker War of the 1980s shouldn’t reassure us about how bad it could get....
00:12, 06/14/2019

Former Fidelity Manager, Accused of Harassment in 2017, Plots a Comeback One of Fidelity Investments’ star stock pickers left the firm in 2017 following allegations of sexual harassment. Nearly two years later, he’s attempting a comeback....
00:12, 06/14/2019

Abraaj Founder Accused of Misappropriating More Than $250 Million as Probe Widens U.S. prosecutors accused Abraaj Group founder Arif Naqvi of misappropriating more than $250 million in a widening investigation into the world’s biggest failed private-equity firm....
00:12, 06/14/2019

CrowdStrike Joins Cybersecurity Winning Streak All the fretting about online privacy and security is paying off for some investors. Shares of cybersecurity company CrowdStrike jumped on their second day of trading, rising to nearly double their IP...
00:12, 06/14/2019

Facebook's New Cryptocurrency Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
00:12, 06/14/2019

HSBC Carves Special Role as Banker to the Saudis When Saudi Arabia wanted to demonstrate it was open again for global investors after the killing of journalist Jamal Khashoggi, officials turned to a longtime banker to the kingdom: HSBC....
14:12, 06/13/2019

If the Fed Cuts, History Provides Guide to Market Impact The consensus view is that the Federal Reserve will cut interest rates soon as a form of insurance against persistently low inflation. Fed behavior patterns from previous years hold lessons now for in...
14:12, 06/13/2019

Utilities, Other 'Safety' Stocks Rise Alongside Market Uncertainty The latest rise in the stock market has been helped along by so-called safety stocks, signaling a shift among investors toward seeking certainty as trade tensions and central-bank policy push and pull...
14:12, 06/13/2019

Alibaba Files Plans to List in Hong Kong Alibaba Group Holding has filed confidential paperwork for a Hong Kong listing, according to people familiar with the matter, kicking off a process that could see the Chinese internet giant raise bill...
14:12, 06/13/2019

Oil Jumps After Tanker Attacks in Middle East Crude prices climbed sharply after an attack on two oil tankers in the Gulf of Oman, close to the Strait of Hormuz, where over a third of the world’s shipped oil passes through....
14:12, 06/13/2019

Employers Help Workers Set Up Emergency Savings Accounts Levi Strauss, SunTrust and Kroger are among firms encouraging workers to set aside funds as financial stress hurts productivity and diverts retirement funds....
12:48, 06/13/2019

Some Restaurants Get Served in Delivery Boom Food-delivery companies like DoorDash, Grubhub and Uber Eats continue to grow their business and gain market share, but not all restaurants are benefiting....
12:48, 06/13/2019

The World Cries Out for Onion Derivatives The cost of onions is causing tears in India. An onion futures market, which would damp volatility in the price of the aromatic bulb, might help dry them....
12:48, 06/13/2019

Hong Kong Interbank Rates Hit Highest Since 2008 The rates at which Hong Kong’s banks lend to one another surged to levels last seen during the global financial crisis, but economists said seasonal swings in cash demands likely played a bigger role ...
11:12, 06/13/2019

Global Stocks Edge Up Amid Questions on Fed Policy Global stocks mostly crept higher Thursday as investors weighed the chances of a U.S. interest-rate cut after data showed the nation’s inflation was weaker than expected....
11:12, 06/13/2019

Norway Fund Boosts Renewable Energy, Divests Fossil Fuels Norway’s parliament steered its $1 trillion sovereign-wealth fund to pull an estimated more than $13 billion from oil, gas and coal extracting companies and move up to $20 billion into renewable-energ...
23:00, 06/12/2019

Muted Inflation Data Provides Further Boost to Treasurys Yields on short-term U.S. government bonds fell after another set of tame inflation data bolstered investors’ expectations that the Federal Reserve will soon move to cut interest rates....
23:00, 06/12/2019

Stocks to Watch: United Technologies, Beyond Meat, Sprint, and More United Technologies, Beyond Meat, Dave & Buster’s, TransMedics, Medidata Solutions, Alphabet, Sprint, and Tesla are among Wednesday’s stocks to watch....
16:24, 06/12/2019

Jerry Jones Is Betting on Natural Gas. Should You? U.S. natural gas prices have fallen to three-year lows at a time of year when they should be rising, but the billionaire owner of the Dallas Cowboys has bet more than $1 billion on the fuel....
16:24, 06/12/2019

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in the bank’s protracted effort to close compliance g...
12:48, 06/12/2019

China Brokerage's $2 Billion Offering Kick-Starts London Stock Link Chinese brokerage Huatai Securities plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving the postponed Shanghai-London Stock Connect program....
12:48, 06/12/2019

KKR Doubles Down on House Flippers The investment house has agreed to pump another $250 million into Toorak Capital Partners, which buys short-term loans made to real-estate investors who purchase, renovate and resell residential prope...
12:48, 06/12/2019

Busy IPO Market Offers Lifeline to Troubled Retailers A thriving market for IPOs is helping ease tensions between a pair of struggling retailers and their lenders, as Neiman Marcus and PetSmart explore selling their e-commerce platforms....
12:48, 06/12/2019

Global Stocks Follow Wall Street Lower Global stocks dropped after Wall Street indexes broke a weeklong winning streak amid lingering trade tensions and questions over the direction of Federal Reserve policy....
12:48, 06/12/2019

USDA Cuts Projections for Corn Production to Four-Year Low After Wet Planting Season A key monthly report by the Agriculture Department confirmed the damage done by heavy rainfall in the Corn Belt, reducing expected corn production to its lowest in four years....
23:12, 06/11/2019

Inflation Fears Fade Amid Bond Rally, Rise in Rate Cut Bets Investors’ expectations for inflation have fallen to their lowest levels since the start of the year. The decline has coincided with a sharp rise in the odds that the Fed will cut interest rates multi...
23:12, 06/11/2019

Beyond Meat Shares Lose Some Sizzle Some investors appear to be losing their taste for market darling Beyond Meat. The company's shares, which have soared about 450% from their IPO price in early May, slid Tuesday....
21:24, 06/11/2019

U.S. Oil, Gas Hit Record Production Levels in 2018 The shale revolution powered U.S. oil and gas production in 2018 to the largest annual increases ever recorded by any country, according to energy giant BP....
17:36, 06/11/2019

Copper Rallies on Chinese Infrastructure Hopes Copper prices rose after Beijing announced new measures to stimulate economic activity in the world’s second-largest economy, extending the metal’s gains for a second consecutive session....
17:36, 06/11/2019

Stocks to Watch: Shutterfly, Ascena Retail, Azure Power Here are some of the companies with shares expected to trade actively in Tuesday’s session. Check back closer to the market open for an updated list....
13:36, 06/11/2019