The benchmark indexes for U.S. and European stock options climbed to the highest levels since March on concern that the Europe’s debt crisis is worsening and that regulators will require large banks to increase reserves.
BusinessWeek.com — Finance
Asian stocks fell, with the region’s key benchmark index on course for its lowest close since in almost three months, on concern that debt-ridden Greece will default and as reports showed the U.S. economy is cooling.
BusinessWeek.com — Finance
Egypt’s shares gained the most in almost two months after the U.S. and Saudi Arabia pledged $ 6 billion for the North African country as it recovers from a popular uprising that ousted its president.
BusinessWeek.com — Finance
Japan’s machinery orders unexpectedly rose even amid factory shutdowns, power shortages and supply- chain disruptions caused by a record earthquake.
BusinessWeek.com — Finance
Japan’s machinery orders unexpectedly rose even after factory shutdowns, power shortages and supply- chain disruptions caused by a record earthquake and tsunami.
BusinessWeek.com — Finance
U.S. stocks fell this week, sending the Standard & Poor’s 500 Index to the biggest drop since March, as the largest commodities slump in two years drove down energy and raw-materials producers as well as Caterpillar Inc.
BusinessWeek.com — Finance
Israel’s benchmark stock index tumbled the most since March, led by Perrigo Co., as Prime Minister Benjamin Netanyahu said an agreement between Hamas and Fatah should concern the world.
BusinessWeek.com — Finance
Purchases of new houses in the U.S. rose in March from a record low as the weakest industry in the economy strained to recover.
BusinessWeek.com — Finance