Spreads on covered bonds from Spain and Ireland have tightened, pulling government bond spreads with them, after the European Central Bank said it would buy around 60 billion euros ($80 billion) of
World stocks held gains on Friday near this week's 2009 high and the euro hit a one-month high against the dollar while U.S. Treasuries edged up after a mixed U.S. employment report.
U.S. shares are set to rise on Friday, after stress tests for U.S. banks sparked optimism about the sector's future, and ahead of April's non-farm payroll data. At 0818 GMT, futures for
U.S. regulators told top banks on Thursday to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest
Bank of America Corp (BAC.N), ordered by the government to find $33.9 billion of capital, said on Thursday it planned to sell assets and issue more common stock to cover the shortfall.
Toyota Motor Corp (7203.T), the world's biggest automaker, forecast a much deeper-than-expected annual loss of $8.6 billion as sales tumble, keeping dozens of its factories underused. Toyota booked a $6.9 billion loss
Google Inc Chief Executive Eric Schmidt said he expects more regulatory scrutiny from around the world and the company is paying more attention to the way it approaches certain business issues as
Microsoft Corp said on Thursday it will buy computer game designer BigPark Inc for an undisclosed amount, as it pushes its strategy of producing exclusive games for its Xbox entertainment system. Microsoft
Shares climbed on Friday and the dollar slipped slightly after stress tests on U.S. banks produced no big shocks, but stocks sought a positive surprise from U.S. employment data later to keep
Part-nationalised lender Royal Bank of Scotland posted a small first quarter loss as strong growth at its investment banking arm mitigated the impact of impairment losses and credit market writedowns totalling 5
