Wall Street plays new game of risk

Hey there risk. Welcome back. What’s shaking?
Banks and other financial stocks have soared this year and have helped lift the broader market.
Shares of […]

No more Happy Meals in Iceland

— For Icelanders seeking a Big Mac, it’s going to take a whopper of an effort.
The north Atlantic island nation is losing […]

Hungary to Be World’s Fiscal Leader, BofA Says

Hungary is poised to emerge from the global recession as a leader in fiscal health as years of economic pain brought on by government […]

Nokia sues Apple over iPhone

Cell phone giant Nokia Corp. filed a lawsuit against Apple Inc. on Thursday, alleging that its iPhone infringes on its patents.
Specifically, the Finland-based company […]

South Korean Economy Probably Expanded in Third Quarter on Cars

South Korea’s economy probably grew in the third quarter as automakers and electronic goods producers boosted sales in the U.S. and China, and government […]

Fed Should Hold Only Treasuries Among Securities, Plosser Says

Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank should limit the securities on its balance sheet to Treasuries and create […]

Vietnam Expects to Sign Philippine Rice Contracts After Storms

Vietnam expects to start signing rice-export contracts with the Philippines earlier than usual this year after storms damaged harvests in the world’s largest buyer, […]

HSBC’s King Says Pound Crisis Always a Risk for U.K.

Britain faces the danger of a currency crisis after policy makers allowed the pound to become “seriously undermined,” HSBC Holdings Plc Chief Economist Stephen […]

Philadelphia Fed’s Factory Index Decreases to 11.5

Manufacturing in the Philadelphia region expanded at a slower pace this month, a reminder that the recovery from the deepest recession since the 1930s […]

Shirakawa Signals Bank of Japan Is Likely to End Credit Steps

Bank of Japan Governor Masaaki Shirakawa said companies are finding it easier to get funding, signaling the central bank will probably end its credit-easing […]