FTSE adds 0.97% after break (AFP) - Comments Off
AFP - London stocks rose strongly on Tuesday on hopes of a second international bailout for Greece, but investors remained cautious over an easing in the eurozone debt crisis.
Stock index futures signal higher open (Reuters) - Comments Off
Reuters - NEW YORK (Reuters) Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.8 percent. The market was closed on Monday for the Memorial Day holiday.
Reuters - The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from a March earthquake.
NYSE Euronext plans dual clearing venues with LCH (Reuters) - Comments Off
Reuters - Exchange giant NYSE Euronext is looking to set up two parallel clearing services if it seals its proposed deal to buy Anglo-French clearing house LCH.Clearnet as well as merging with Deutsche Boerse (DB1Gn.DE).
World markets cautious amid dull economic signs (AP) - Comments Off
AP - World stock markets drifted Monday amid a quiet day of trading due to a U.S. holiday and signs that the global economic recovery has hit a plateau.
Why safe corporate bonds aren’t so smart anymore (AP) - Comments Off
AP - The safest corporate debt isn’t looking so smart anymore.
The Christian Science Monitor - Peru, Colombia, and Chile will formally merge their stock markets Monday, creating the second-largest bourse in Latin America after Brazil and promising to increase liquidity in the mineral-rich Andean region.
Culture clash complicates China’s Brazil push (AP) - Comments Off
AP - Stocking shelves in a Chinese grocery store, Thiago warned that he didn’t want to be caught chatting during working hours. Within seconds, however, the Brazilian unleashed a pent-up flood of complaints about the owners, who lingered just beyond hearing distance.
Culture clash complicates China’s Brazil push (AP) - Comments Off
AP - Stocking shelves in a Chinese grocery store, Thiago warned that he didn’t want to be caught chatting during working hours. Within seconds, however, the Brazilian unleashed a pent-up flood of complaints about the owners, who lingered just beyond hearing distance.
Four-week losing streak on US markets (AFP) - Comments Off
AFP - US stocks ended down Friday for the fourth week in a row with trade dulled by disappointing economic data and investors looking ahead to the long Memorial Day holiday weekend.








