By MARK LANDLER WASHINGTON – With the global economic downturn deepening and confidence in the financial system still elusive, the International Monetary Fund estimates that banks and other financial institutions face aggregate losses of $4.1 trillion …
* Global equities weaker, Wall Street mixed early * US crude oil inventories expected to have risen NEW YORK, April 21 (Reuters) – US crude oil future fell on Tuesday as faltering confidence in a quick economic recovery and bank stability that pressured global equities pushed crude oil prices …
By V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) — Shares of property developers helped push Hong Kong stocks higher Monday, amid signs that demand was rising as credit-market conditions improved and as stock-market gains boosted confidence.
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Oil prices fell more than 6% Monday to trade below $47 a barrel, as US dollar strength, falling stock markets and ongoing concerns about the global economy pressured the energy market.
By Edmund L. Andrews WASHINGTON – President Obama’s top economic advisers have determined they can shore up the banking system without having to ask …
WASHINGTON, April 20 (UPI) — The US Treasury could be ready to convert its multibillion bailout purchases from preferred shares to common stock, …
By Ruth Mantell, MarketWatch WASHINGTON (MarketWatch) — The recession may continue though the summer, though its intensity may ease, the Conference Board …
By Eugene Tang April 18 (Bloomberg) — China’s bad loans, which shrank to 2.04 percent of total credits at the end of March, will continue falling this year …
By Emily Barrett Of DOWJONES NEWSWIRES NASHVILLE (Dow Jones)–Banks’ reservations about potential unwelcome consequences of accepting government assistance are hampering plans to restore normalcy in financial markets, the president of the Federal …
By Russ Garland Venture capital investment plunged 50% from a year ago, signaling what could be a fundamental shift in the industry’s size and direction.