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Wall Street's main small-cap index drops into bear market

3 hours ago DieselGasoil Comments Off on Wall Street's main small-cap index drops into bear market
SAN FRANCISCO (Reuters) – Wall Street’s most widely followed benchmark of small-cap stocks tumbled into a bear market on Monday as investors grew more worried about slower profit growth and rising interest rates. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid The Read More

Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever

14 hours ago DieselGasoil Comments Off on Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever
LONDON (Reuters) – The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won’t be long before rate cuts are on the table. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. Read More

Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe

14 hours ago DieselGasoil Comments Off on Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe
KUALA LUMPUR (Reuters) – Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB. FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in Read More

Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe

18 hours ago DieselGasoil Comments Off on Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe
KUALA LUMPUR (Reuters) – Malaysia said on Monday it has filed criminal charges at home against Goldman Sachs and two of the U.S. bank’s former employees in connection with a corruption and money laundering probe at state fund 1MDB. FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Read More

Malaysia files criminal charges against Goldman Sachs in 1MDB probe

19 hours ago DieselGasoil Comments Off on Malaysia files criminal charges against Goldman Sachs in 1MDB probe
FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in New York, U.S. on July 16, 2013. REUTERS/Brendan McDermid/File Photo KUALA LUMPUR (Reuters) – Malaysia said on Monday it has filed criminal charges against Goldman Sachs (GS.N) and two of the U.S. bank’s former employees in Read More

Small-cap S&P 600 index confirms bear market

3 days ago DieselGasoil Comments Off on Small-cap S&P 600 index confirms bear market
NEW YORK (Reuters) – As U.S. stocks have been rocked by trade tensions and monetary policy worries, shares of small-cap companies, by one measure, have now confirmed that they are in their first bear market in three years. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December Read More

Investors sell record $39 billion of stocks in past week: BAML

3 days ago DieselGasoil Comments Off on Investors sell record $39 billion of stocks in past week: BAML
FILE PHOTO: United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo LONDON (Reuters) – Investors cashed out of equity funds at a record pace over the past week, with redemptions hitting $39 billion, Bank of America Merrill Lynch Read More

Asian shares jolted by grim Chinese data, growth risks

4 days ago DieselGasoil Comments Off on Asian shares jolted by grim Chinese data, growth risks
TOKYO (Reuters) – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Read More

Asian shares jolted by weak Chinese data, growth risks

4 days ago DieselGasoil Comments Off on Asian shares jolted by weak Chinese data, growth risks
TOKYO (Reuters) – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Read More

Asian shares wobbly, euro steady after ECB ends QE

4 days ago DieselGasoil Comments Off on Asian shares wobbly, euro steady after ECB ends QE
TOKYO (Reuters) – Asian shares were on the defensive on Friday as investors kept a wary eye on economic tensions between Washington and Beijing while the euro was steady after the European Central Bank halted new bond purchases as expected. A man walks past an electronic board showing Japan’s Nikkei average and Dow Jones Industrial Read More