Mar

Wall St. flat as materials gain, financials off

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NEW YORK (Reuters) - Stocks opened little changed on Thursday, a day after the Dow pushed to a 17-month high, as gains in materials shares were offset by declines in financial companies.

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Mar

Euro drops as Greece fears stoked, Treasuries up

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HONG KONG (Reuters) - The euro dropped on Thursday on a report that Greece is not hopeful of aid from the European Union, while Asian stocks hovered near a two-month high, supported by solid growth expectations for the region.

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Mar

China Mobile revenue up on surprise ARPU gain

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HONG KONG (Reuters) - China Mobile , the world’s largest mobile operator, reported its best quarterly profit in a year, beating expectations for little growth, as customers began spending more on value-added services.

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Mar

Bernanke defends Fed small bank supervision role

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WASHINGTON (Reuters) - Top central bankers present and past on Wednesday joined forces against a plan to strip the Fed of its oversight of smaller banks, saying the knowledge it gains from that role is vital to monetary policy.

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Mar

Toyota faces racketeering claims in consumer suits

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LOS ANGELES (Reuters) - Lawyers seeking civil damages against Toyota Motor Corp on behalf of U.S. consumers for diminished resale value of recalled vehicles are broadening their cases to add racketeering claims against the automaker.

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Mar

Dow hits 17-month high on energy, financials

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NEW YORK (Reuters) - Stocks gained on Wednesday, pushing the Dow to a 17-month high, after a benign February inflation reading supported the Federal Reserve’s renewed pledge of low interest rates.

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Mar

China unyielding on yuan as U.S. raises pressure

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BEIJING (Reuters) - China said on Wednesday it would not waver in sticking to a stable exchange rate and was being made a “scapegoat” after the U.S. Congress threatened to seek duties on Chinese goods unless it revalues its yuan.

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Mar

Asian shares at 2-month high, yen falls on BOJ move

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SINGAPORE (Reuters) - Technology stocks pushed Asian shares to a two-month high on Wednesday, powered by hopes of strong earnings for Intel, while the yen faltered after the Bank of Japan loosened policy in a bid to spur the flagging economy.

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Mar

Google partners call for clarity on China plans

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BEIJING (Reuters) - Chinese firms selling advertising space on Google’s search pages have demanded clarity about the Internet company’s plans in China, warning they will demand compensation if it shuts its Chinese portal.

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Mar

Wall Street hits fresh 17-month high after Fed

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NEW YORK (Reuters) - Stocks rose to a fresh 17-month high on Tuesday after the Federal Reserve held benchmark rates near zero and maintained its pledge to keep them low for an extended period.