China’s manufacturing may expand at the slowest pace in 11 months in June, preliminary data for a purchasing managers’ index showed.
BusinessWeek.com — Finance
The Bank of Korea may need to slow the pace of interest-rate increases after its fifth move since July 2010 last week because of rising risks to the global economic outlook, a board member said.
BusinessWeek.com — Finance
Bank of Israel Governor Stanley Fischer’s last-minute bid for the International Monetary Fund’s top job may not slow Christine Lagarde’s momentum as she gathers support to run the Washington-based lender.
BusinessWeek.com — Finance
Federal Reserve Chairman Ben S. Bernanke said the “frustratingly slow” U.S. recovery warrants sustained monetary stimulus while predicting that growth will gain speed in the second half of the year.
BusinessWeek.com — Finance
Chief Executive Mark Fetting has disappointed directors Nelson Peltz and KKR’s Scott Nuttall by not having warned that expenses at Legg Mason’s bond division would rise substantially
BusinessWeek.com — Finance
May 4 (Bloomberg) — John Silvia, chief economist at Wells Fargo Securities LLC, talks about the ADP Employer Services report for April and its implications for the U.S. economic recovery. (Source: Bloomberg)
BusinessWeek.com — Finance
Federal Reserve Bank of Boston President Eric Rosengren said the economy isn’t growing fast enough to achieve the central bank’s goals of full employment and stable prices, and that “nothing’s off the table” if the outlook deteriorates.
BusinessWeek.com — Finance
While stock offerings and merger activity are soaring, fees are low and competition is intense
BusinessWeek.com — Finance
Feed
