News by: Himanshu Singh
And banks brace for more foreign exchange rigging pain as civil lawsuits come forth or manipulating currency benchmarks.
And BoE officials are secretly researching the financial shocks that could hit Britain if there is a vote to leave the EU in the forthcoming referendum.
The S&P 500 ends at all-time high after disappointing economic data bolstered expectations that an interest rate hike is likely to come only later in the year.
And RBS has paved the way for the government to shed its 79% stake in the bank.
And Hanergy shares suspended after 47% plunge as the CEO failed to turn up at its annual meeting.
Officials at the Fed's April policy meeting believed it would be premature to raise interest rates in June.
And banks and large investors are seeking to revive a derivative market widely blamed for its role in fanning the financial crisis.
But most US stocks closed lower yesterday as investors digested housing data that some saw as hopeful for an economy struggling to grow.
Apple climbed on comments from Carl Icahn and banks rallied amid higher bond yields.
And Deutsche Bank is reviewing whether to move chunks of its large British operations to Germany if the UK leaves the EU.
Nikkei 225 rose 0.5% after machinery orders in Japan rose 2.6% on-year in March, rebounding from a 0.4% slip in February.
And five major banks are expected to reach a combined £3.8 billion settlement with US prosecutors for rigging foreign currency rates.
And China and India sign business deals on renewable energy, steel, media and finance worth more than $22 billion.
And the world’s second-biggest brewer SABMiller targets UK craft beer sector by buying independent producer Meantime.
And UK clothing retailer New Look ditches plans for stock market flotation as Christo Wiese grows UK empire.
Apple advanced 2.3%, making the stock the biggest driver on both the Nasdaq and S&P 500.
The Dow was pressured by DuPont Co. after the shareholders re-elected all of the company’s sitting direc tors.
And Bank of England's foreign exchange investigation faces US scrutiny.
And global bond market suffered from erratic swings due to lower trading liquidity.
AOL jumped 19% after Verizon Communications said it would buy the company in a $4.4 billion deal.