bank stocks

 
 

Bursa Malaysia opens higher in early trade

KUALA LUMPUR, April 16 ― Bursa Malaysia opened slightly higher this morning on a cautious note following concerns over heightened geopolitical tensions in Syria after the local mart recorded an easier trading last week. However, the positive…


Wall Street falls as bank stocks, Syria conflict weigh

NEW YORK, April 14 — Financial stocks led a drop on Wall Street yesterday as results from big banks failed to enthuse and fear of broader conflict in Syria further unnerved investors. The S&P banks index fell 2.6 per cent and the broader S&P…


US stocks rise modestly after bank earnings

NEW YORK, April 13 — Wall Street stocks were modestly higher today after earnings from major banks topped expectations, shifting attention from lingering worries over Syria and trade. About 25 minutes into trading, the Dow Jones Industrial…


Trade jitters send European shares to two-week low

LONDON, March 22 — Concerns around trade tariffs sent European shares tumbling to a two-week low today as the US prepared to announce hefty tariffs on Chinese imports. US President Trump is expected to sign a presidential memorandum on tariffs…


Ten years after JPMorgan-Bear Stearns deal banks may have already seen biggest gains

NEW YORK, March 17 ― Ten years after JPMorgan bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on US banks are significantly brighter, although the sector may have already put…


India’s federal investigators close bank branch at heart of fraud

MUMBAI, Feb 19 — Indian investigators closed down a branch of a state-run bank that is at the heart of a US$1.77 billion fraud and questioned more of its employees as they probed the biggest scam in the country’s banking history, police…


Wall Street hits new highs on earnings optimism, data (VIDEO)

NEW YORK, Jan 13 ― Wall Street continued its rally yesterday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth. The…


Wall Street hits new highs on earnings optimism, data

NEW YORK, Jan 13 ― Wall Street continued its rally yesterday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth. The…


Treasury yields hit 10-month high; world stocks extend 2018 rally

NEW YORK, Jan 10 — Benchmark US Treasury yields hit a 10-month high yesterday after the Bank of Japan tweaked its bond-buying program, while stocks in world indexes continued their flying start to the year. US oil touched its highest since…


Wall Street hits new record at open on healthcare, bank gains

NEW YORK, Jan 9 — Wall Street rose to fresh high at open today, with gains for healthcare and bank stocks extending the new year rally that is powered by expectations of strong quarterly earnings. A 1.7 per cent rise in Johnson & Johnson and a…