World stocks hit a 12-month high on Wednesday as forecast-beating Intel Corp results and Chinese trade data brightened the economic outlook, while the dollar plumbed 14-month lows, sending oil and gold higher.
Stocks jumped on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit, following stronger numbers from Intel Corp (INTC.O) a day earlier in an auspicious start to third-quarter earnings
JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks. JPMorgan shares rose 2.8 percent
Microsoft Corp issued its biggest software patch on record on Tuesday to fix a range of security issues in its programs, including the yet to be released Windows 7 operating system. In
China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on a recovery track and that global demand is improving too. Exports in September
Moody's Investors Service sees negative rating pressure on Russian banks in the near-to-medium-term, reflecting concerns over the credit fundamentals of domestic banks. The first wave of the global financial crisis that struck
World stocks hit a new 12-month high on Wednesday, driven higher by positive earnings from U.S. tech giant Intel and surprisingly strong trade figures from economic powerhouse China. MSCI's all-country world index
The fundamental credit outlook for the Spanish banking system remains negative, reflecting the impact of the ongoing economic recession and severe asset quality deterioration on domestic banks' risk absorption capacity, Moody's Investors
Global markets may be edging towards recovery, but the worst impact of the global financial crunch on families and couples may be still ahead, a leading Australian charity said on Wednesday. "The
The U.S. dollar struck a 14-month low against the euro on Wednesday, sending gold to record prices and pushing oil past the 2009 high of $75 a barrel and on track for
