Shelling out a $25 billion penalty is certainly painful. But it is something bank-stock investors may be able to grin and bear. The reason: The foreclosure-abuse settlement agreed on Thursday among banks, state attorneys general and the ...
One eye-catching nugget in the treasure trove of correlation data released by HSBC this week is the news that French government debt has very little correlation with investor risk appetite.
Equity markets are rather lackluster Friday with investors still, still, waiting for Greece to sort out its austerity measures to secure a critical second bailout. It's a good thing that analysts have plenty of equity rating changes for ...
BANGKOK—Aung Naing Oo fled Myanmar more than two decades ago, trekking through dense tropical jungles to escape the country's military regime. On Friday, he plans to return—the latest in a growing number of Myanmar exiles who are going back ...
LONDON—European regulators said the Continent's banks are well on their way to replenishing their capital cushions, but concerns persist that the lenders aren't taking sufficiently drastic actions to fortify themselves.
By Natasha Brereton-Fukui of Dow Jones Newswires SINGAPORE - Reliance Industries Ltd.'s new US$1 billion 10-year dollar bond strengthened in initial trading Friday, in a positive sign for the many hopeful Indian debt issuers waiting in the ...
Your daily roundup of the best of The Wall Street Journal's China coverage: Chongqing Political Power Struggle Talk Grows Louder : China's vice foreign minister sought to play down an unfolding political drama involving Chongqing's Communist ...
By R. Jai Krishna of Dow Jones Newswires New Delhi - Vodafone Group PLC Friday named Analjit Singh its India unit's non-executive chairman, effective Feb. 16.
By Khushita Vasant of Dow Jones Newswires Mumbai - Multi Commodity Exchange of India Ltd. has received the capital market regulator's approval to proceed with its share-listing plan, two people familiar with the matter said Friday, paving ...
MOSCOW—The tycoons who reaped fortunes thanks to Russia's controversial 1990s privatizations should make a one-time windfall payment to legitimize their holdings, Prime Minister Vladimir Putin said Thursday.
Will PepsiCo's latest offensive mark a turning point in the latest cola wars? That is the hope of the snack and drink company, which has lost U.S. carbonated-beverage market share in recent years as Coca-Cola kept prices low even as input ...
If the Australian government wants to guarantee a return to surplus, there's roughly 6 billion Australian dollars (US$6.44 billion) in their coffers targeted for mortgage-backed bond deals that have possibly overstayed their use.
LONDON—U.K. banking group Barclays PLC said Friday it would cap investment banker bonuses as its 2011 full-year net profit slumped on a sharp drop in investment banking revenue.
FRANKFURT (MarketWatch) — Global investor risk appetite weakened Friday as it became clear that final approval of a second Greek bailout necessary to avoid a messy default will be delayed until next week, after euro-zone finance ministers ...