WSJ.com What's News US

Syndicate content WSJ.com: What's News US
What's News US
URL: http://online.wsj.com
Updated: 1 hour 46 min ago

For Sale: AIG's Subprime Bonds

Tue, 02/07/2012 - 00:51
Five Wall Street banks have been invited by the New York Fed to bid for a multibillion-dollar bundle of risky mortgage bonds it owns as a result of its 2008 rescue of AIG.


Caesars Shows Some Tarnish as It Returns to Markets

Tue, 02/07/2012 - 00:50
Caesars aims to sell around 1.4% of itself in an offering that values the casino giant at around $23.7 billion—compared with around $28 billion when it was taken private four years ago.


Asian Shares Mixed

Tue, 02/07/2012 - 00:44
Asian shares were mixed, with many investors cautious amid prolonged uncertainty over Greece's debt situation. The Nikkei fell 0.4%.


Japan Confirms "Stealth" Market Intervention

Tue, 02/07/2012 - 00:03
Japan continued to conduct "stealth" interventions in the currency market after its highly publicized yen-selling campaign on Oct. 31, data released by the Finance Ministry confirmed.


Rate Probe Keys On Traders

Mon, 02/06/2012 - 23:45
Investigators in a world-wide probe of how crucial interest rates are set are focusing on a small number of traders suspected of trying to influence other bank employees to manipulate the rates.


Greece to Cut Public-Sector Jobs

Mon, 02/06/2012 - 22:59
Greece has agreed to lay off 15,000 public-sector workers by the end of 2012, as international pressure mounts on Athens to agree on austerity measures needed to secure major new debt agreements.


IMF Urges Beijing to Ready Bold Moves

Mon, 02/06/2012 - 22:46
The IMF urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.


Wal-Mart Names China Chief

Mon, 02/06/2012 - 22:30
Wal-Mart Stores tapped Greg Foran as president and CEO of Wal-Mart China as the retailer looks to regain its footing after several missteps in one of its most important growth markets.


China Accepts First HK Shares-Linked ETF

Mon, 02/06/2012 - 22:26
China's securities regulator has accepted an application to launch the country's first exchange-traded fund linked to Hong Kong-listed shares, offering Chinese investors fresh access to securities overseas.


Brazil Privatizes Airports

Mon, 02/06/2012 - 22:25
Brazil raised $14 billion in a privatization of three major airports, a bid to speed modernization of overcrowded hubs before the country hosts soccer's 2014 World Cup and the 2016 Olympic Games.


Pennsylvania Plan Sees Slimmer Harrisburg

Mon, 02/06/2012 - 22:24
A state-appointed financial custodian released a recovery plan for Harrisburg on Monday, moving Pennsylvania's capital closer to resolving its financial crisis.


Calstrs to Place $500 Million Bet

Mon, 02/06/2012 - 20:45
The California State Teachers' Retirement System is making a $500 million bet with Australia's Industry Funds Management Fund that it can make money from utilities, roads, ports and pipelines around the globe.


Xstrata-Glencore Deal Not a Given

Mon, 02/06/2012 - 20:38
With Glencore and Xstrata set to unveil their long-awaited tie-up, a big question is whether Xstrata shareholders will support the deal—not a given in light of U.K. investors' recent history of flexing their muscles.


Some Europe Banks Shun ECB Loans

Mon, 02/06/2012 - 20:30
The lenders are fearful of being perceived as bailout recipients that could subject them to potential political or regulatory interference.


Forex Volume Drops for First Time Since 2009

Mon, 02/06/2012 - 20:20
Global foreign-exchange trading volume dropped for the first time since the financial crisis, according to data released Monday by four major central banks.


Challenges for MF Trustee

Mon, 02/06/2012 - 19:59
A bankruptcy trustee investigating MF Global said he faces huge challenges getting back an estimated $1.2 billion in customer funds drained from the securities firm before it collapsed.


Google Removes Some Content in India

Mon, 02/06/2012 - 19:48
Google removed some controversial content from its Indian services to comply with a court order in a civil lawsuit, the latest twist in the legal drama over Web censorship in the world's largest democracy.


China Carriers Won't Pay Fees For Emissions

Mon, 02/06/2012 - 19:45
China said it prohibited its airlines from paying for carbon emissions under the European Union's system to limit greenhouse emissions, in an escalation of Beijing's opposition to the plan.


Lazard Swings to Loss

Mon, 02/06/2012 - 19:16
Lazard swung to a loss in the fourth quarter as the investment bank struggled with a slump in advisory revenue and higher-than-expected compensation costs despite slashing year-end bonuses.


U.K. Retail Sales Drop

Mon, 02/06/2012 - 19:02
Retail sales in U.K. stores that have been open for at least a year fell in January, and at the second-fastest rate for the first month of the year since records began in 1995, according to the British Retail Consortium's monthly survey.


(C) 2010 - All Right Reserved - oXYGen Financial | Privacy Policy

One or more individuals are securities licensed through Investacorp, Inc., a registered broker/dealer, member FINRA and SIPC. Securities business cannot be transacted in other states until after the appropriate license is obtained. FINRA's homepage is www.finra.org and Securities Investor Protection Corporation's homepage is www.sipc.org. Advisory services offered through Investacorp Advisory Services, Inc. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites, nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.
© 2011 - All Rights Reserved - Oxygen Financial Inc.