Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets.
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Big bang, not big bucks, the key for euro zone bank lending
If the European Central Bank really wants to kick-start the euro zone economy, it should ensure the bloc's banks are up to the task of lending.
Brazil real slumps to 2005 low, Bovespa erases 2014 gains
The Brazilian real on Thursday slumped to a 9-1/2-year low while the Bovespa stock index erased its 2014 gains as investors feared President Dilma Rousseff may defeat market-favorite candidate Aecio Neves in Sunday's presidential election.
Yen stumbles as strong US earnings revive risk trades
The yen languished at two-week lows against the dollar early on Friday, having come under renewed pressure overnight after an encouraging rally on Wall Street dampened demand for the safe haven currency.
Fed lays out scenarios for 2015 bank stress tests
The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year's run of its annual check of banks' health.
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U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices.
A dramatic upswing in volatility is putting post-crisis financial markets to the test, as curbs on banks' ability to take risks and an increase in technology-driven trading expose potential new cracks in the system.
European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank.
Strong global demand for Apple Inc's (AAPL.O) iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.
A measure of global equity markets advanced on Tuesday as technology earnings lifted U.S. shares and the prospect of European Central Bank corporate bond purchases boosted European stocks, while weighing on safe-haven U.S. Treasuries prices.
Broadcom (BRCM.O) posted third-quarter results on Tuesday that exceeded Wall Street's expectations as the chipmaker focused on networking and smartphone chips, sending its shares 5 percent higher.
Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company's online display advertising business continued to struggle.
Lockheed Martin Corp (LMT.N) expects international sales to reach a target of 20 percent of revenues by the end of this year, and growing further in coming years, Bruce Tanner, the company's chief financial officer, told reporters on Tuesday.
Verizon Communications Inc (VZ.N) on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.
