Stock index futures pointed to a mixed open on Wall Street on Tuesday, following a selloff in the previous session, as investors braced for more corporate results and key data on consumer sentiment.
Economic Report: Confidence drops for second-straight month (Market Watch)
U.S. consumers doubt that the much-touted economic recovery is under way, according to the latest report on consumer confidence released by the Conference Board.
Maxis, CIMB launch mobile banking service for iPhone (Business Times (Malaysia))
CIMB Bank Bhd ( 1023 )in collaboration with Maxis Communications Berhad (Maxis) have launched an online banking application for iPhone, known as the CIMB Clicks application.
Iceland: Nordic Countries Lead in Gender Equality, Report Says (New York Times)
The report by the World Economic Forum ranked countries according to how much they reduced gender disparities based on economic participation, education, health and political empowerment.
India Finance Secretary: Government Won’t Exceed Fiscal Year Borrow Aim (Nasdaq)
NEW DELHI -(Dow Jones)- Indian provinces will borrow up to INR600 billion in the remaining months of the current fiscal year to March 31, Finance Secretary Ashok Chawla said Wednesday.
Xinhua Finance Buys M-in (Unstrung.com)
BEIJING — Xinhua Finance Media (“XFMedia”; Nasdaq: XFML), China’s leading diversified financial and entertainment media company, today announced it has signed an agreement to acquire a 100% interest in Beijing Mobile Interactive Co., Ltd (“M-in”). This acquisition is intended to enable XFMedia to rapidly integrate mobile service capabilities with its existing range of popular media assets and …
Wall Street set for lower start (Financial Times)
US equity index futures suggested a lower Wall Street opening on Wednesday as investors looked to earnings reports and data on durable goods orders to gauge the economic outlook. Bond yields were flat and the dollar was mixed.
Early Glance: Finance companies (AP via Yahoo! Finance)
NEW YORK (AP) — Shares of some top finance companies are down at 10 a.m.: Bank of America fell $.28 or 1.8 percent, to $15.17. CIT Group fell $.02 or 2.0 percent, to $0.94. Citigroup fell $.06 or 1.4 percent, to $4.21. JPMorgan Chase fell $.66 or 1.5 percent, to $43.24.
Russia’s finance minister says government is considering selling gold – Washington Examiner
MOSCOW â Finance Minister Alexei Kudrin said Wednesday that Russia is considering selling gold on world markets to cash in on high prices as the government faces its first budget deficit in a decade. Kudrin’s remarks follow a report last week that …
Windows and Online Banking, Like Oil and Water (Enterprise IT Planet)
Windows may be safe enough for most functions, but it’s not safe enough for the average user’s online banking.