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Finance Stories

Exclusive: SEC plans to level playing field for newer ETF firms

By Jessica Toonkel and Ashley Lau NEW YORK (Reuters) – The U.S. Securities and Exchange Commission may strip Vanguard Group, BlackRock Inc and State Street Corp, the oldest and biggest providers of exchange-traded funds, of an advantage they hold over … Continue reading

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Near Fed majority backs June liftoff Yellen hasn’t yet endorsed

By Howard Schneider WASHINGTON (Reuters) – Janet Yellen’s premium on consensus may lead to a Federal Reserve decision the chair hasn’t yet endorsed, as a near majority aligns in favor of a possible June interest rate hike.     Seven of … Continue reading

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Asia stocks edge up on China rate cut, dollar index at 11-year high

By Nigel Stephenson LONDON (Reuters) – European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend. The dollar hit an 11-year … Continue reading

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Schaeuble expects Germany to boost spending on defense, security

BERLIN (Reuters) – Germany will spend more on defense in coming years in response to growing global instability, Finance Minister Wolfgang Schaeuble said in an interview published on Sunday. He did not tell newspaper Bild am Sonntag how much extra … Continue reading

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Despite Greece, euro zone is turning the corner

By Paul Taylor LONDON (Reuters) – The latest episode of Greece’s debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe’s main financial center and a hotbed of Euroskepticism. The heightened … Continue reading

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ECB braces for QE as others shift rates

By Philip Blenkinsop BRUSSELS (Reuters) – Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant U.S. labor market are set to be the focus of an economic week dominated by a host of … Continue reading

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Bubble or bust? Cramer says market not bubblicious

Now watching   Next video starts in : 7 Play Bubble or bust? Cramer says market not bubblicious Up next Cramer: WWAV MNST can still be bought    Article source: Article Source

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HSBC not the troublemaker made out to be, rival Swiss banker says

ZURICH (Reuters) – HSBC (HSBA.L), in the spotlight after details emerged about how its Swiss unit allegedly helped clients dodge taxes, isn’t the troublemaker it is currently depicted as, the head of a rival private bank was quoted saying on … Continue reading

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Greece seeks negotiations on ECB bond repayment

ATHENS (Reuters) – Greece called into question on Saturday a major debt repayment it must make to the European Central Bank this summer, after acknowledging it faces problems in meeting its obligations to international creditors. Finance Minister Yanis Varoufakis said … Continue reading

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Southwest Airlines nears end of inspections that grounded 128 planes

(Reuters) – Southwest Airlines Co (LUV.N) said on Friday it has finished inspecting 115 of 128 planes that it briefly pulled out of service on Tuesday when it discovered maintenance checks were overdue, and it expects to complete the rest … Continue reading

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