WOOD-TV Futures Track European Selloff Wall Street Journal US stock futures slumped Tuesday as investors returned from the long weekend to face steep declines in overseas markets amid slowing Chinese demand and concerns over the health of Europe's banks. More than two hours before the start … US STOCKS-Futures sharply lower after Asian data, euro fears Reuters Stock futures fall after euro hits new 4-year low The Associated Press Stocks Fall as China's Manufacturing Growth Slows; Bonds Rise BusinessWeek FOXBusiness
Continue reading about Futures Track European Selloff – Wall Street Journal
Portfolio.com Honda Offers Strikers in China 24% Pay Boost Wall Street Journal BEIJING—Honda Motor Co. said it has offered striking workers who have paralyzed its car-production lines in China a 24% increase in pay and benefits, a significant concession that highlights the new challenge from organized labor ..
Continue reading about Honda Offers Strikers in China 24% Pay Boost – Wall Street Journal
Reuters Brazil, India, China May Be Overheating, Roubini Says BusinessWeek May 31 (Bloomberg) — Nouriel Roubini, the New York University professor who predicted the global financial crisis, said the Brazilian, Chinese and Indian economies may be overheating and developing asset bubbles. ..
Continue reading about Brazil, India, China May Be Overheating, Roubini Says – BusinessWeek
CBC.ca Stocks bounce at open CNNMoney NEW YORK (CNNMoney.com) — US stocks climbed Thursday, with all three major indexes surging more than 2%, after Chinese officials rejected reports that the country is reviewing its investment in …
Bradenton Herald US Economy: Home Sales, Durables Point to Strength BusinessWeek May 26 (Bloomberg) — Purchases of new homes jumped in April to a two-year high and orders for durable goods climbed the most in three months, signaling the US economy strengthened before the European debt crisis … Orders have risen in four of the past five months, US data show MarketWatch Factory orders and new-home sales rise in April The Associated Press Market Rallies On Durable Goods, Home Sales Forbes Wall Street Journal
Continue reading about US Economy: Home Sales, Durables Point to Strength – BusinessWeek
'Fair Value' Proposal Could Cost Banks Wall Street Journal The Financial Accounting Standards Board proposed a requirement that banks use market values for loans on their books, a controversial move that could cause steep declines in the overall book value of some banks. … FASB Issues Proposal Requiring Banks to Book Loans' Fair Value BusinessWeek Tightened rules for banks' loans proposed The Associated Press FASB Proposes Comprehensive Changes to Financial Instruments Accounting Journal of Accountancy New York Times
Continue reading about ‘Fair Value’ Proposal Could Cost Banks – Wall Street Journal
The Market Oracle Most Asian Stocks Fall on China Property, Europe Debt Concerns BusinessWeek May 27 (Bloomberg) — Most Asian stocks fell, led by finance and consumer companies, on growing concern that Chinese property curbs and Europe's debt crisis will hurt global economic growth. China Vanke Co., the country's largest developer, ..
Continue reading about Most Asian Stocks Fall on China Property, Europe Debt Concerns – BusinessWeek
Reuters UK Yuan Forwards Predict Zero Gains in 3 Months; Money Rate Surges BusinessWeek May 26 (Bloomberg) — Yuan forwards factored in near-zero appreciation for China's currency over the next three months after talks between US and Chinese officials concluded yesterday with little sign of an end to a 22-month currency peg.