You have searched for "BlackRock"

Showing 721-730 of 782

Sort by: Newest | Oldest | Relevance

Business 04 Oct 2011 | 12:00 AM

Economists says US policymakers should broker a settlement to jump-start America’s economy

NEW YORK: More than three years after the financial crisis struck, the US economy remains stuck in a consumer debt trap. It's a situation that could take years to correct itself. That's why some economists are calling for a radical step: massive debt relief.

Business 26 Sep 2011 | 12:00 AM

Analysis: Banks prepare for Greek default, want EU help(update)

WASHINGTON (Reuters) - Bankers are bracing for a Greek default, and their best hope is that Europe can erect firewalls around the banking system strong enough and soon enough to prevent it from spreading to other euro-zone countries.

Business 10 Aug 2011 | 12:00 AM

Asia in balancing act as prices rise, growth dims

SINGAPORE: Asian governments face a balancing act as they fight accelerating inflation while economic malaise in the U.S. and turmoil in financial markets threaten to dim the region's growth.

Business 10 Aug 2011 | 12:00 AM

US stocks soar, global stocks continue rally (update2)

NEW YORK: The Fed spoke - and financial markets rallied. The Dow Jones industrial average surged more than 429 points, its 10th-highest point gain in history and the biggest since March 2009. It was just one day after the Dow had its worst point decline since 2008.

Business 06 Aug 2011 | 12:00 AM

Global stocks down, soothing jobs report eases concern US might slide into recession

NEW YORK: If you looked away Friday, you might have missed a market rally. Or a plunge. A soothing government report on employment in July eased concerns that the U.S. might slide back into a recession.

Business 25 Jul 2011 | 12:00 AM

Feeling the heat on US debt and earnings

NEW YORK: New York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the US debt ceiling and question marks over corporate earnings mean markets are unlikely to get a break any time soon.

Business 29 Jun 2011 | 12:00 AM

BofA nearing US$8.5bil deal to settle investor claims

LOS ANGELES: Bank of America Corp. was close to finalizing a deal late Tuesday that calls for the lender to pay $8.5 billion to settle claims from a group of investors who bought mortgage-backed securities from the lender, according to a person familiar with the settlement talks.

Business 20 Jun 2011 | 12:00 AM

Wall Street to face stiffest test this week

NEW YORK: The SP 500's 200-day moving average is the line in the sand as the bulls and the bears fight over the US stock market's direction.

Business 08 Jun 2011 | 12:00 AM

Why should precious resources be channelled to ‘too big to fail’ banks?

BANKS that are too big to fail are being looked after by a big and high profile committee that includes former Federal Reserve chairman Paul Volcker and former Citigroup co-chairman John Reed.

Business 21 May 2011 | 12:00 AM

BoA selling back BlackRock shares

BOSTON: Bank of America Corp is selling its remaining BlackRock Inc stake back to BlackRock for US$2.5bil, its latest step to prepare for new industry capital requirements.