Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.
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China looks to fiscal stimulus to fight slowdown: sources
China's leaders, caught off guard by a sharp economic slowdown and worried about the risk of job losses, are likely to resort to fiscal stimulus to revive growth after a run of monetary policy easings proved less effective, policy insiders said.
U.S. Treasury eyes larger cash buffer against 'emerging threats'
The U.S. government said on Wednesday it will start keeping more cash on hand for when it can't tap debt markets, a measure that could help it pay bills during a natural disaster or a cyber attack.
Yellen cites 'potential dangers' in U.S. stock valuations
Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check.
Tesla posts wider net loss, stands by full-year delivery target
Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.
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Shares of Salesforce.com Inc (CRM.N) jumped 6.2 percent in late afternoon trading on Tuesday, after Bloomberg reported that Microsoft Corp (MSFT.O) is evaluating a bid for the cloud software provider.
New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar.
Greece intends to meet debt payments this month and reach a deal with its international lenders to unlock remaining bailout aid, but the International Monetary Fund insists on tough labor reforms, the country's labor minister said on Monday.
China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in the world's second-largest economy.
Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.
Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank (ADB), according to Kyodo News.
Negotiations between Greece and its international lenders over reforms to unlock remaining bailout aid have made headway and an agreement could be closer this month, a government official said on Sunday.
Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.
After a night of New Year's Eve style partying, Las Vegas awoke ready to rumble on Saturday as the 'Fight of the Century' between unbeaten Floyd Mayweather Jr. and Manny Pacquiao entered the final countdown.
