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OECD says recovery slowing, urges policy caution
09.09.2010
PARIS (Reuters) - Global recovery looks to be slowing more than expected as growth weakens in rich economies, and stimulus should be extended or stepped up if the slowdown endures, the OECD said on Thursday.
Stock index futures up
09.09.2010
PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.45 percent and Nasdaq 100 futures up 0.2 percent at 5.16 EDT.
Goldman Sachs fined $30.9 million in UK: report
09.09.2010
LONDON (Reuters) - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.
Australia regulator blocks NAB's $12 billion AXA unit bid
09.09.2010
SYDNEY (Reuters) - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.
China prepares further property tightening
09.09.2010
BEIJING (Reuters) - Some Chinese cities are preparing fresh property tightening steps as housing transactions and prices show signs of a rebound, reinforcing market expectations that Beijing will not ease its grip on the sector any time soon.
Asia stocks rise and yen steady but outlook hazy
09.09.2010
HONG KONG (Reuters) - Asian stocks edged up and the yen slipped from a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.
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