SYDNEY - Asian markets were mostly under water on Thursday as never-ending speculation about the fate of U.S. stimulus lifted bond yields globally, while Japanese shares struggled to find their footing after a spill.
- Bank of America settles municipal bond rigging lawsuit
- Pentagon focused on weapons, data fusion as F-35 nears combat use
- SolarCity to offer Tesla-made batteries to business customers
- South Korea mulls disciplinary action against Goldman Sachs' local unit: sources
- China Mobile signs deal with Apple to offer iPhone: WSJ
Recent Business News
NEW YORK - To hear his former aide tell it, even a client's death posed no problem for Bernard Madoff as he perpetrated his massive Ponzi scheme.
SYDNEY - Royal Bank of Scotland and rating agency Standard & Poor's have been sued by a group of European institutional investors for damages of up to $250 million suffered on complex financial products in the lead-up to the global financial crisis.
WASHINGTON - Three Wall Street trade groups sued the U.S. Commodity Futures Trading Commission on Wednesday in hopes of beating back tough overseas trading guidelines they fear could hurt markets and cut profits.
FRANKFURT - New economic projections from the European Central Bank on Thursday are likely to point to euro zone inflation remaining below target into 2015, raising pressure on the bank to take fresh policy action next year.
Corporate issuers seem to take Presidents' Day, or at least family ski vacations, quite seriously.
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