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SP ends near flat as Citigroup results sink banks; Nasdaq hits new high

The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with

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Asian shares tick up, US data, earnings in focus ahead of Fed

Asian shares inched up on Tuesday as traders awaited US retail sales data and more corporate earnings to gauge the health of the world’s biggest economy, with markets remaining

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Should egalitarians fear low interest rates?

JOHN MAYNARD KEYNES once fantasised about a world of permanently low interest rates. In the final chapter of “The General Theory” he imagined an economy in which abundant available capital

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Asian shares, dollar brace for China GDP

Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on the defensive ahead of

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Recognising reality at Deutsche Bank

“THE MOST fundamental transformation of Deutsche Bank in decades.” So Christian Sewing described his refashioning of the chronically unprofitable firm, announced on July 7th. Germany’s biggest lender is trimming its

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Recep Tayyip Erdogan sacks the head of Turkey’s central bank

TURKEY’S ECONOMY had just begun to show signs of recovery. High interest rates, a measure of calm following local elections earlier this year and attempts to rebuild a strained relationship

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To get a ticket to Wimbledon you must be rich, patient or lucky

ECONOMICS IS ALL about allocating scarce resources. Usually that is done by pricing. If demand for strawberries exceeds supply, prices

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A new study tracks the surge in Chinese loans to poor countries

LOAN TALKS with Belarus; funding for bridges in Liberia; a possible gas project in Timor-Leste; accusations of exploitation in Tanzania;

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Wall Street notches all-time highs on lingering rate-cut optimism

All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the

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The choice of the IMF’s next boss could be a coronation

FOR THE purposes of decision-making, the IMF’s 189 member countries are divided into 24 constituencies of peculiar shapes and sizes.

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SP 500, Dow hit record high at open on hopes of rate cut

The S&P 500 and Dow indexes hit a record high at the open on July 12, after Federal Reserve

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Asian shares ease as Trump rekindles Sino-US trade tensions

Asian shares pulled back on Friday as worries over renewed Sino-US trade tensions weighed on sentiment ahead of the

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Why everybody is concerned about corporate-bond liquidity

IN SEPTEMBER 2007 Britain suffered its first bank run in a century. Television pictures showed a long queue of depositors

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SP 500, Dow climb as health insurers, financials gain

The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the

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Dow tops 27,000 as Trump#39;s decision on rebate boosts healthcare

The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on

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Wall Street touches new highs after comments by Fed#39;s Powell

US stocks ended higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time

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Asia stocks rise, dollar sags as Fed chair sets stage for rate cut

Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of

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SP 500 ekes out gain though profit worries weigh

The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weakening

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Asia cautious as everything rides on dovish Powell

Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the

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