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World 28 Oct 2012 | 12:00 AM

Wall Street makes plans to open Monday even as Sandy bears down

NEW YORK (Reuters) - New York-based stock exchanges are sending officials into Manhattan on Sunday to stay in hotels and coworkers' homes as the NYSE and Nasdaq prepare to open for business on Monday, even as Hurricane Sandy closes off public transportation links.

World 28 Oct 2012 | 12:00 AM

Wall Street plans to open Monday, as Sandy bears down

NEW YORK (Reuters) - U.S. stock exchanges and Wall Street banks sent crucial employees into Manhattan to stay in hotels and coworkers' homes, preparing to open for business on Monday with at least skeletal staff as Hurricane Sandy threatened to halt mass transit.

World 28 Oct 2012 | 12:00 AM

Wall Street makes plans to open Monday even as Sandy bears down

NEW YORK (Reuters) - U.S. stock exchanges and Wall Street banks are sending employees into Manhattan on Sunday to stay in hotels and coworkers' homes, as markets prepare to open for business on Monday even as Hurricane Sandy brings public transportation to a halt.

Business 31 Jul 2012 | 12:00 AM

Malaysia's Klibor unlikely to be manipulated

PETALING JAYA: The chances of interest rates on the Kuala Lumpur Interbank Offered Rate (Klibor) being manipulated is quite remote compared with interbank offered rates in other jurisdictions as it is closely tied to the overnight policy rate (OPR) coupled with the ample liquidity in the banking system, according to industry observers.

AseanPlus News 04 Mar 2012 | 12:00 AM

There’s more to the oil frenzy than Iran’s antics

ONE day Iran’s President Mahmoud Ahmadinejad gets the rap for surging oil prices; the next day an improving global economy gets the credit for it. There’s some truth to both these explanations, though neither tells the full story.

Business 08 Nov 2011 | 12:00 AM

Wall Street needs women, younger clients to compete: Krawcheck

NEW YORK (Reuters) - Wall Street must raise its appeal to the next generation of investors and female professionals to remain competitive in the wealth management industry, the former head of Bank of America's wealth management unit said on Monday.

Business 10 Aug 2011 | 12:00 AM

Have rating agencies regained credibility with US downgrade?

WITH the downgrade in the US credit rating, the crucial role of credit rating agencies has resurfaced - this time in a favourable light.

Business 31 Dec 2010 | 12:00 AM

Geithner met Wall Street executives last month

WASHINGTON: Treasury Secretary Timothy Geithner met with executives from several top Wall Street banks and with representatives from a foreign government investment fund last month to discuss the implementation of a new, sweeping financial regulatory reform law.

Business 13 Oct 2010 | 12:00 AM

Foreclosure halt could hit US investors

WASHINGTON: A United States-wide foreclosure moratorium could penalise pension funds, insurance companies and other investors and make new loans more expensive, an investor group and industry experts warned on Monday.

Business 30 Apr 2010 | 12:00 AM

Workers march on Wall Street, protest big banks

NEW YORK: Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the U.S. taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.