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financialnews

A collection of:

Financial news from all over the world   

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hakukoneoptimoin   

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Provisioning for Spanish Bank Losses Is Insufficient, IIF Says


Real Time Economics 21 May 2012, 11:05 pm CEST

Spanish banks' total loan losses could range between 218 billion and 260 billion euros, more than currently-expected provisioning, the IIF predicted.

Where Zuckerberg would be without a prenup


Latest financial news - CNNMoney.com 21 May 2012, 10:18 pm CEST

Mark Zuckerberg's marriage to his longtime girlfriend, Priscilla Chan, one day after he became one of the richest men on the planet may have seemed oddly timed. But, according to divorce lawyers, it was spot on.

Structural Unemployment Would Affect Both Sides of Fed Mandate


Real Time Economics 21 May 2012, 10:00 pm CEST

Over the past few months, Fed Chairman Bernanke and other Fed officials have wondered how many of the millions who lost their jobs during the Great Recession are morphing into structural unemployed. The discussion has policy implications.

Cable companies to expand free Wi-Fi


Latest financial news - CNNMoney.com 21 May 2012, 9:49 pm CEST

If you buy Internet access through your cable provider, your subscription is about to get much more mobile.

Banks braced for fresh ratings cuts


Financial Times - Europe homepage 21 May 2012, 8:53 pm CEST

Attention focuses on 17 investment banks that Moody’s placed under review in February, a move that threatens their access to cheap, short-term funds

Most States Still Years Away From Getting Back Lost Jobs


Real Time Economics 21 May 2012, 8:32 pm CEST

Most states are still more than two years away from returning to prerecession employment levels, according to a new analysis.

JPMorgan's Dimon: Losing trades were 'isolated event'


Latest financial news - CNNMoney.com 21 May 2012, 8:15 pm CEST

JPMorgan Chase's multibillion trading loss will be forgotten before the year is through, Chief Executive Jamie Dimon predicted Monday at the Deutsche Bank Global Financial Services Investor Conference.

Fed’s Lockhart: No Need to Extend Operation Twist


Real Time Economics 21 May 2012, 7:42 pm CEST

It isn't necessary to extend the Fed's Operation Twist beyond its scheduled expiration in June and a severe drop-off in the U.S. economy would be needed for it to implement further quantitative easing, said the head of the Federal Reserve Bank of Atlanta.

Facebook trader: Nasdaq 'blew it'


Latest financial news - CNNMoney.com 21 May 2012, 7:40 pm CEST

Traders weren't expecting Facebook to make its big stock market debut at the sound of the opening bell last Friday, but they weren't anticipating a two-hour delay either.

Yahoo: The hottest tech stock in the Valley?


Latest financial news - CNNMoney.com 21 May 2012, 7:25 pm CEST

When Yahoo decided to sue Facebook for patent infringement a few months ago, many tech watchers felt that this was a desperate act by a company whose best days were long behind it.

Iran nuclear pre-talks make good start


Financial Times - Europe homepage 21 May 2012, 7:04 pm CEST

UN atomic agency president Yukiya Amano reports preliminary discussions were upbeat, before full discussions open on Wednesday

J.P. Morgan Suspends Share Buybacks


WSJ.com: What's News Asia 21 May 2012, 6:46 pm CEST

J.P. Morgan is suspending share repurchases in the wake of $2 billion-plus in trading losses, CEO Dimon said at an investor conference.

Two dead in Beirut clashes after killing of anti-Assad cleric


Reuters: Top News 21 May 2012, 6:44 pm CEST

ALBIREH, Lebanon (Reuters) - Hundreds of Islamist gunmen fired in the air on Monday as they laid to rest a Sunni Muslim cleric whose killing ignited street battles that brought the bloodshed of Syria's uprising across the border into Lebanon.

Eswar Prasad: India in Free Fall


WSJ.com: What's News Asia 21 May 2012, 6:26 pm CEST

The rupee's plunge is yet another sign that New Delhi's dithering over reform must end.

China's Antiforeign Monologue


WSJ.com: What's News Asia 21 May 2012, 6:26 pm CEST

No wonder Beijing is losing its bid for global soft power.

State TV Host Responds to Controversy Over 'Foreign Trash' Comments


WSJ.com: What's News Asia 21 May 2012, 6:25 pm CEST

Yang Rui, host of the China Central Television current affairs interview show Dialogue, responds to the controversy surrounding a message he posted online last week about the effort by Beijing authorities to root out foreigners illegally living and working in the Chinese capital.

EU Presses New Serbian Leader


WSJ.com: What's News Europe 21 May 2012, 6:22 pm CEST

European Union officials reacted cautiously to Sunday's election of a populist president in Serbia, urging the Balkan nation's new leader not to deviate from the path of reconciliation and transformation required to eventually join the regional bloc.

BoE bows to pressure for probes into crisis


Financial Times - Europe homepage 21 May 2012, 4:54 pm CEST

Court of directors bows to pressure and orders three separate reviews into the banking crisis, but runs into criticism that their scope is too limited

JPMorgan shelves $15bn buyback plan


Financial Times - Europe homepage 1 Jan 1970, 1:00 am CET

Chief executive Jamie Dimon says the US bank needs to show it is on the ‘glide path’ to its new, tougher capital requirements before returning cash

Diplomats back EU ‘project bonds’ plan


Financial Times - Europe homepage 1 Jan 1970, 1:00 am CET

Trial is symbolic, with some advocates believing they are step towards issuing common eurozone bonds, a plan backed by a growing number of EU leaders
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