wednesday

Bernanke says Fed pondering further stimulus (Reuters)

Reuters – Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank was ready to offer the economy additional stimulus after it announced it would likely keep interest rates near zero until at least late 2014.

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Bernanke says Fed pondering further stimulus
(Reuters)

wednesday

Geithner denies U.S. hostility to banks (Reuters)

Reuters – Treasury Secretary Timothy Geithner sought to calm fears that the Obama administration’s bank reforms were hostile to the U.S. financial industry, saying on Wednesday the reforms were “tough where they need to be tough.”

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Geithner denies U.S. hostility to banks
(Reuters)

wednesday

Reuters Magazine: The Elephants in the Davos Ski Lodge (Reuters)

Reuters – The epic global shifts of 2011 transformed the political, economic, and social landscape from Shanghai to Sao Paolo, Washington to Cairo.

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Reuters Magazine: The Elephants in the Davos Ski Lodge
(Reuters)

wednesday

ECB split on how to handle any Greek bond losses: sources (Reuters)

Reuters – The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options to avoid such a hit, central bank sources told Reuters on Wednesday.

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ECB split on how to handle any Greek bond losses: sources
(Reuters)

wednesday

Olympus jumps 7 percent after Tokyo bourse keeps it listed (Reuters)

Reuters – Shares of scandal-hit Olympus Corp jumped more than 7 percent in heavy trade on Monday after the Tokyo bourse kept the company listed, but placed it on its “security on alert” list

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Olympus jumps 7 percent after Tokyo bourse keeps it listed
(Reuters)

wednesday

Fed officials at odds over policy path (Reuters)

Reuters – Top Federal Reserve officials disagreed on Wednesday over how aggressive the central bank should be to spur faster growth and bring a lofty jobless rate down more quickly.

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Fed officials at odds over policy path
(Reuters)

wednesday

Fed officials at odds over policy path (Reuters)

Reuters – Top Federal Reserve officials disagreed on Wednesday over how aggressive the central bank should be to spur faster growth and bring a lofty jobless rate down more quickly.

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Fed officials at odds over policy path
(Reuters)

wednesday

Banks gorge on ECB loans, market cheer short-lived (Reuters)

Reuters – Banks gobbled up nearly 490 billion euros in three-year cut-price loans from the European Central Bank on Wednesday, easing immediate fears of a credit crunch but leaving unresolved how much will flow to needy euro zone economies.

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Banks gorge on ECB loans, market cheer short-lived
(Reuters)

wednesday

Asian stocks, euro fall after Fed skips fresh stimulus (Reuters)

Reuters – Asian shares drifted lower and the euro floundered near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis.

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Asian stocks, euro fall after Fed skips fresh stimulus
(Reuters)

wednesday

MF’s Corzine said to know of customer fund misuse (Reuters)

Reuters – The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Global chief Jon Corzine knew that the now-bankrupt brokerage firm used customer money to lend to a European affiliate, a CME executive said on Tuesday.

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MF’s Corzine said to know of customer fund misuse
(Reuters)

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