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SEC reining in receiver in Stanford $7B Ponzi case
AP - A federal judge ruled Friday that a court-appointed receiver who took over companies run by Texas billionaire R. Allen Stanford can recover only the interest — not the principal — on investments that federal prosecutors say fed a multibillion-dollar Ponzi scheme.
China's stimulus-fueled stock boom alarms Beijing
AP - The middle-aged crowd in the packed Guosen Securities office jostle around buzzing printers that spit out receipts for their share buys, hoping to cash in on China's stimulus-fueled stock market boom.
Asia markets edge higher as banks gain
AP - Asian stock markets edged higher in tepid trading Monday after the world's biggest economy shrank less than expected in the second quarter and banks rose on improving earnings.
SEC wants $22.6 million from former Kmart CEO: court filing
Reuters - The U.S. Securities and Exchange Commission wants former Kmart Chief Executive Charles Conaway to pay $22.6 million, alleging he mislead investors before the company filed for bankruptcy in 2002, court documents showed.
Asia markets drift lower despite Wall Street rise
AP - Asian markets drifted lower Wednesday, marking time after a string of gains as investors wait for a U.S. employment report to shed light on how quickly the world's biggest economy can recover.
Deutsche Telekom's 2Q profit rises 32 percent
AP - Germany's Deutsche Telekom AG said Thursday that its second-quarter profit rose 32 percent and the company confirmed its outlook for the rest of the year.
Asian stocks lower on US jobless concern
AP - Asian markets fell Friday after Wall Street's overnight decline on concern a U.S. government employment report might show worse-than-forecast July job losses.
Rally's fate up to shoppers, Fed
Reuters - Wall Street's rally could persist this week as investors' conviction grows that the U.S. economy is on track for a recovery. But retailers' results, CPI and other consumer data could cast a pall if shoppers fail to show signs of life.
Asian stocks up as US, Japan data boost confidence
AP - Asian stock markets were mostly higher Monday as better-than-expected news about U.S. job losses and Japan's business spending kindled hopes the world's two largest economies were recovering.
Oil steady ahead of U.S. stocks data; China drags
Reuters - Oil was steady below $71 a barrel on Tuesday ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.
Asian markets fall, tracking Wall Street decline
AP - Asian markets fell back Wednesday on renewed jitters over the economic outlook after Wall Street overnight suffered its biggest loss in five weeks.
Asia stocks rebound after Fed boosts economic view
AP - Asian stocks rebounded Thursday after the U.S. Federal Reserve said the world's largest economy appeared to be 'leveling out' from its worst recession in decades.
Asian markets gain amid signs recession easing
AP - Most Asian markets extended gains Friday underpinned by rising commodity stocks amid more signs the world economy is emerging from a deep recession.
As rally pauses, Wall Street mulls uncertain recovery
AFP - Wall Street's spectacular run has hit a speed bump, with investors pausing to digest gains and pondering how far the rally can go in an economy showing signs of recovery along with lingering weakness.
Wall Street sees shoppers as key to rally's future
AP - On Wall Street, the average shopper can trump a Federal Reserve policy maker.
Wall Street snaps 4-week winning streak as data weighs
Reuters - U.S. stocks fell broadly on Friday, as the major indexes snapped a four-week streak of gains after weak consumer sentiment data fueled concerns about the strength of an economic recovery.
Asia stocks extend sell-off amid recovery fears
AP - Most Asian stock markets veered lower a second day Tuesday, extending a worldwide sell-off amid continuing fears about the pace of economic recovery.
Asia stock markets mostly higher in cautious trade
AP - Most Asian stock markets drifted higher Wednesday, but many investors held back for clues to whether the recent rally would resume or continue to peter out.
Asia markets gain as China wobbles ease, oil jumps
AP - Asian stocks rebounded Thursday as China's wobbling market clawed back some of its steep losses and oil prices jumped on signs of improving demand.
Asian markets fall on renewed recovery doubts
AP - Most Asian stock markets sank Friday as mixed economic data from the world's largest economy reinforced fears that investors have overestimated the recovery's strength.
New economic data set to test Wall Street bull run
AFP - New US economic data in the coming week will test the resilience of Wall Street as US shares scaled fresh highs for the year on upbeat remarks by Federal Reserve chief Ben Bernanke and buoyant housing data.
Investors take short-term view in driving markets
AP - Investors need to make a decision in the coming days: Should they trust Ben Bernanke's encouraging words about the future, or give in to worries about weak consumer spending?
Asian stock jump on Bernanke comments, home sales
AP - Asian stock markets jumped Monday as upbeat comments from the Federal Reserve's chairman and signs the U.S. housing industry was healing strengthened confidence in a global recovery.
Asian stocks slide amid caution, China off 3.5 pct
AP - Asian stocks dropped Monday, with China's main index tumbling more than 3 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery.
Asia stocks advance on US consumer confidence
AP - Asian stocks posted modest gains Wednesday, lifted by rising U.S. consumer confidence and a healing housing market that sent Wall Street higher overnight.
Asian stocks fall as China plans to curb capacity
AP - Asian stock markets fell Thursday after China said it will curb overcapacity and excessive investment in industries such as steel and cement, adding to worries about whether a global economic recovery is sustainable.
Asia stocks mostly higher, but China markets weigh
AP - Asian stocks were modestly higher Friday, but worries about tighter government policies sent China's markets lower for a second day.
Wall Street confidence rising but Sept peril looms
AFP - With confidence rising of a recovery from recession, Wall Street faces historically its worst month of the year with memories still fresh from last September's financial market debacle.
Investors hunting for signs of economic growth
AP - While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a rebound.
Asian markets fall as China shares sink over 5 pct
AP - Asian markets headed lower Monday, with Chinese shares tumbling over 5 percent and Japanese stocks edging down after the country's opposition party came to power in a landslide victory.
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