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LONDON (MarketWatch) — The IntercontinentalExchange is probing trades in U.S. dollar index futures that briefly showed a massive 9% jump on Friday morning.
The lead contract surged as high as 82.18, up from a 75.38 close on Thursday. Such a move was improbable given that in spot markets, the dollar’s moves against major […]

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Singapore PM Lee Hsien Loong, back to camera, gives welcome address to APEC leaders, in Singapore, 14 Nov 2009Leaders of Pacific Rim nations have agreed to work toward a new pattern of regional growth.
In a statement released Sunday, Asia Pacific Economic Cooperation leaders meeting in Singapore acknowledged the leading role Asia Pacific nations have taken […]

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WASHINGTON (Reuters) – The Obama administration's pay czar said on Thursday his compensation rulings will allow General Motors Co and Chrysler Group to retain talent but is willing to consider "lateral" offers to hire new executives.
Kenneth Feinberg, the U.S. Treasury's special master for executive pay at seven companies with massive taxpayer bailouts, told a […]

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BEIJING — It could almost be a snippet from a World of Warcraft game session — two competing titans, plotting against each other, swapping punches, embarked on a quest for a single prize that only the stronger of them will claim.
But this is not virtual reality. The titans are two agencies of the Chinese government. […]

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WASHINGTON — Legislation that its supporters say would provide greater protection to investors sailed through a House committee on Wednesday, but not before the lawmakers added a provision to ease new auditing standards for small and medium-size companies.
The full House, meanwhile, overwhelmingly approved a bill to accelerate restrictions on credit card companies that had been […]

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NEW YORK (Reuters) – Comcast Corp's quarterly profit rose 22 percent, beating expectations, as it sold more phone and Internet subscriptions, helping the top U.S. cable operator fight competition from phone and satellite companies for video subscribers.
Shares of Comcast jumped 5.1 percent in premarket trading as it reported 361,000 new high-speed Internet customers and […]

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Newspaper sales moved sharply lower this year, falling about 10 percent in the six months ended Sept. 30 compared to the same period last year, according to figures released on Monday by the Audit Bureau of Circulation.
Circulation has been sliding since the early 1990s, but in the last few years, the pace of the decline […]

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LOS ANGELES — Hugh Hefner leaned back on a red loveseat, the saggy one in the study of his infamous mansion here, and interlocked his fingers behind his head. A visitor had asked — more like shouted, since he has trouble hearing — a question about mortality.
At 83, does he think about it?
In a word, […]

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NEW YORK (Reuters) – Wall Street was set for a lower open on Friday after General Electric Co (GE.N) a 42 percent drop in quarterly earnings and Bank of America Corp (BAC.N) posted a quarterly loss before the open.
S&P 500 futures fell 2.90 points and were below fair value, a formula that evaluates pricing […]

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QUITO, Ecuador — The multibillion-dollar legal case between Amazon peasants and Chevron over oil pollution in Ecuador’s rain forest keeps unfolding more like a mystery thriller than a battle of briefs.
Ever since the oil giant released videos in August that were secretly taped by two businessmen who seemed to have the ambition of feasting […]

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HONG KONG — The yen spiked to an eight-month high against the dollar on Monday, weighing on the stock market and casting a spotlight on the tricky economic policy decisions facing the new government in Tokyo.
As investors fretted about the pain that a strong currency means for export behemoths like Sony, Canon and Toyota, the […]

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Orders for manufactured goods like airplanes and machinery fell unexpectedly in August, the government reported on Friday, providing another sign that the recovery could be long and uneven.
New orders of durable goods slid by a seasonally adjusted 2.4 percent from July, reflecting a 40 percent monthly decrease in orders of civilian aircraft. Orders of computers, […]

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NEW YORK (Reuters) – U.S. stocks fell on Thursday, with each of the major indexes sliding into negative territory after an unexpected fall in sales of previously owned U.S. homes in August.
* The National Association of Realtors said sales fell 2.7 percent to an annual rate of 5.10 million units, from 5.24 million units […]

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NEW YORK (Reuters) – U.S. stocks rose on Tuesday as strong commodity prices and a weak dollar before a Federal Reserve meeting gave a boost to Wall Street.
Financials also contributed to gains as Bank of America Corp (BAC.N) shares rose after an analyst upgrade while Citigroup Inc (C.N) gained 5.0 percent.
Crude oil futures […]

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NEW YORK/WASHINGTON (Reuters) – Bank of America Corp (BAC.N) failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.
Bank of America "did not comply with the deadline," said the spokeswoman for House Oversight and Government Reform Committee […]

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BEIJING, Sept. 17 (Xinhua) — The first seven companies applying for listing on the Growth Enterprise Market (GEM), a Nasdaq-alike market in China, have got green lights from the country’s securities regulator on Thursday.
They are in the fields of software, medical equipment and medicines. They planned to raise 2.27 billion yuan (332.65 million U.S. […]

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SHANGHAI — Coca-Cola Inc. said Tuesday that a second manager who worked in the company’s Shanghai bottling plant has been detained by police on suspicion of accepting bribes or kickbacks.
The announcement came just days after Coca-Cola confirmed that a middle manager at the same facility, the Shanghai Shenmei Beverage & Food Co., was detained earlier […]

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FRANKFURT (Reuters) – Workers at Opel, German politicians and customers of Canada's Magna expressed concern on Friday about whether General Motors' decision to sell a majority of Opel to Magna and Russia's Sberbank will turn out to be a favorable deal.
Many of their questions about state aid and possible plant closures remained unanswered, however, […]

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LONDON — The Bank of England decided Thursday to leave its benchmark interest rate at a record low of 0.5 percent, amid signs that the country’s economy is recovering more slowly than in many other parts of Europe.
The central bank also left its £175 billion, or $290 billion, program of buying bonds intact, following an […]

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THE HAGUE (AP) — Dutch banks unveiled a new code of conduct Wednesday that includes capping executive bonuses and measures to ensure bonus payments do not encourage bankers to take unnecessary risks.
The new code, which has been agreed by all major Dutch banks, limits bonuses for executive board members to 100 percent of their annual […]

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