FOREXLEARNING

UBS boss says some banks may need state help: report »

ZURICH | Sun Sep 11, 2011 11:25am EDT

ZURICH (Reuters) – Some banks may have to get help from the state as plunging share prices could make it difficult to raise capital, UBS (UBSN.VX) chief executive Oswald Gruebel told Swiss newspaper Sonntag in an interview published [...]

U.S. has tax statistics from 10 Swiss banks: report »

ZURICH | Sat Sep 10, 2011 9:39am EDT

ZURICH (Reuters) – U.S. authorities now have statistical data from the ten Swiss banks being investigated by the United States for helping U.S. clients to dodge taxes, Swiss newspaper Neue Zuercher Zeitung reported on Saturday.

TagesAnzeiger, another Swiss newspaper, reported [...]

Report: Germany has proposed a plan to protect banks in case Greece defaults. »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

BofA discussing about 40,000 job cuts: report »

Bangalore | Thu Sep 8, 2011 10:54pm EDT

Bangalore (Reuters) – Bank of America Corp officials have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal said, citing people familiar with the plans.

The number of job cuts are not final [...]

S&P met with bond investors before U.S. debt downgrade: report »

Wed Sep 7, 2011 12:22am EDT

(Reuters) – Ratings agency Standard & Poor’s officials privately met with large bond investors weeks before the firm’s U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.

In the run-up to the debt downgrade, S&P officials [...]

AT&T could lower T-Mobile bid price if remedies grow: report »

Bangalore | Tue Sep 6, 2011 9:46pm EDT

Bangalore (Reuters) – AT&T Inc can lower the price it pays for T-Mobile USA Inc if the remedies requested by regulators become too expensive, a Bloomberg report said, citing three people with direct knowledge of the merger contract.

AT&T would [...]

Obama to propose $300 billion jobs package: report »

WASHINGTON | Tue Sep 6, 2011 10:46pm EDT

WASHINGTON (Reuters) – President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

The proposed new spending, to be announced by Obama [...]

Forex Midday Report- Oct 5th »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Today, all attention will go to the June US payrolls report »

Markets: Fixed Income
On Thursday, global core bonds started the session on a weaker footing, but later on weakness in various US economic reports supported bonds, the safe haven in times of risk aversion. However, bonds have risen outstandingly in recent weeks and are at very expensive levels and the rally is showing signs of fatigue. [...]

Aussie April Employment Report »

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]