Search Results for: Federal Reserve
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
BNP asks other banks for help as dollar clearing ban nears
October 7th, 2014
BNP Paribas has asked the help of at least three banks to clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating ...
Dollar Is 0.2% From 2-Year High on Policy Divergence Bets
October 6th, 2014
The dollar was about 0.2 percent from a two-year high versus the euro as U.S. job gains highlighted the divergence in monetary policy between the Federal Reserve and the European Central Bank. The euro weakened versus higher-yielding currencies as ...
Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings
October 6th, 2014
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
Dollar broadly stronger as Hong Kong unrest caps stocks
September 29th, 2014
The dollar hit its highest in almost two years against the euro with German inflation data expected to keep pressure on the ECB to ease monetary policy further, while unrest in Hong Kong hurt Asian-exposed European shares. The dollar ...
Fed Presidents Call for Patience on Interest Rates
September 25th, 2014
Three Federal Reserve presidents are calling for patience as the central bank weighs when to raise interest rates above zero, arguing moving prematurely poses a greater risk to the economy than waiting too long. “We should be exceptionally patient ...
Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout
September 24th, 2014
Maurice R. Greenberg, the former chief of A.I.G., has now raised several million dollars from three Wall Street investors to help cover the cost of the case. One might call it “chutzpah,” as several irate lawmakers did, or “rubbing ...
G-20 Warns of Potential Market Risks
September 22nd, 2014
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to bolster uneven growth. “We are mindful of the potential for ...
Regulators Weigh Delay for Separating Banks’ Swaps Units
September 19th, 2014
U.S. banks may get another year to shift some swaps trading from their government-insured units as regulators respond to demands to give them more time, according to two people familiar with the talks. A delay until July 2016 in ...
