The repercussions of China's big chill - Sun, 03 Feb 2008 23:00:00 GMT
As the weather in China sends investors and the general population diving for cover, watch out for opportunities in the big chill.
As the weather in China sends investors and the general population diving for cover, watch out for opportunities in the big chill.
Minimizing 'out of market risk' when changing mutual funds - Sun, 03 Feb 2008 20:32:00 GMT
Investors can minimize out-of-market risk by making the process as quick as possible. But the bottom line is: don't fret it.
Investors can minimize out-of-market risk by making the process as quick as possible. But the bottom line is: don't fret it.
Coal ETF stokes volatility in combustible debut - Sun, 03 Feb 2008 20:32:00 GMT
BOSTON (MarketWatch) -- A new exchange-traded fund tracking the coal industry has bounced around considerably in its first couple of weeks in a reminder of the sector's volatility and risk, despite its appeal as a way to leverage global demand for energy.
BOSTON (MarketWatch) -- A new exchange-traded fund tracking the coal industry has bounced around considerably in its first couple of weeks in a reminder of the sector's volatility and risk, despite its appeal as a way to leverage global demand for energy.
Goldman bankers to run $2 billion fund in China - Sun, 03 Feb 2008 17:45:00 GMT
Two senior bankers from Goldman Sachs Group Inc. are teaming up to run a new $2 billion private-equity fund in China, according to a published report.
Two senior bankers from Goldman Sachs Group Inc. are teaming up to run a new $2 billion private-equity fund in China, according to a published report.
Singapore Investment to buy Westin Tokyo - Sun, 03 Feb 2008 16:37:25 GMT
TOKYO (AFP) -- The Government of Singapore Investment Corp has agreed to buy the Westin Tokyo luxury hotel for Y77 billion ($723 million) from Morgan Stanley, a newspaper said Sunday. The parties have reached a basic accord on the purchase of the land and the building located in Tokyo's high-end residential and commercial district of Ebisu, the Nikkei business daily said. They plan to complete the deal by late February, the newspaper said. GIC will likely have the hotel continue its current operations and aim to increase the asset's value by making it a long-term investment.
TOKYO (AFP) -- The Government of Singapore Investment Corp has agreed to buy the Westin Tokyo luxury hotel for Y77 billion ($723 million) from Morgan Stanley, a newspaper said Sunday. The parties have reached a basic accord on the purchase of the land and the building located in Tokyo's high-end residential and commercial district of Ebisu, the Nikkei business daily said. They plan to complete the deal by late February, the newspaper said. GIC will likely have the hotel continue its current operations and aim to increase the asset's value by making it a long-term investment.
Fed speakers, Senate to grab headlines - Sun, 03 Feb 2008 15:09:00 GMT
After a flood of economic news last week, the calendar turns light this coming week, with no major economic data releases scheduled and most likely no further rate cuts from the Federal Reserve. It'll be a time for reflection and re-evaluation.
After a flood of economic news last week, the calendar turns light this coming week, with no major economic data releases scheduled and most likely no further rate cuts from the Federal Reserve. It'll be a time for reflection and re-evaluation.
U.S. stocks hope to cement nascent recovery - Sat, 02 Feb 2008 05:01:00 GMT
Investors will attempt to cement a nascent recovery in stocks next week, seeking help from earnings growth outside the battered financial sector and trying to gauge whether much lower interest rates will be enough to prevent the U.S. economy from sliding into recession.
Investors will attempt to cement a nascent recovery in stocks next week, seeking help from earnings growth outside the battered financial sector and trying to gauge whether much lower interest rates will be enough to prevent the U.S. economy from sliding into recession.
Bank of America, Countrywide face hurdles - Fri, 01 Feb 2008 23:28:00 GMT
Bank of America's planned acquisition of distressed mortgage company Countrywide Financial Corp. may have hit a major snag this week when hedge SRM Global Fund unveiled its 5.2% stake in the target, issued a blistering attack on Bank of America and asked the SEC to investigate trading ahead of the announcement.
Bank of America's planned acquisition of distressed mortgage company Countrywide Financial Corp. may have hit a major snag this week when hedge SRM Global Fund unveiled its 5.2% stake in the target, issued a blistering attack on Bank of America and asked the SEC to investigate trading ahead of the announcement.
Dollar holds up well despite surprisingly weak jobs data - Fri, 01 Feb 2008 21:30:00 GMT
The dollar recovers from early weakness tied to an unexpected contraction in the U.S. job market, as Wall Street focuses instead on renewed activity in mergers and acquisitions
The dollar recovers from early weakness tied to an unexpected contraction in the U.S. job market, as Wall Street focuses instead on renewed activity in mergers and acquisitions
Ambac gains after CNBC reports eight banks working on a bailout - Fri, 01 Feb 2008 21:21:00 GMT
A group of eight banks including Citigroup Inc., Wachovia Corp. and some of Europe's largest lenders, have formed a group that will try to rescue bond insurer Ambac Financial, according to media reports.
A group of eight banks including Citigroup Inc., Wachovia Corp. and some of Europe's largest lenders, have formed a group that will try to rescue bond insurer Ambac Financial, according to media reports.