Ex-IBM exec gets 6 months in prison
By LARRY NEUMEISTER 2010-09-13T16:49:00ZNEW YORK (AP) -- A tearful former IBM executive was sentenced to six months in prison Monday for his role in what prosecutors call the biggest hedge fund insider trading case in history.... hosted.ap.org |
Yen hits new 15-year high after Japan prime minister Naoto Kan wins leadership contest
The yen rose to a fresh 15-year high against the dollar on Tuesday after Japan's prime minister Naoto Kan won Japan's ruling party leadership contest. telegraph.co.uk |
Foreclosure freeze could undermine housing market
By MICHELLE CONLIN 2010-10-11T12:48:09ZNEW YORK (AP) -- Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place.... hosted.ap.org |
Nikkei tumbles as strong yen raises prospect of further intervention
Japan's Nikkei average fell 2pc on Tuesday, dragged lower by a climb in the yen to fresh 15-year highs against the dollar and a surprisingly weak profit forecast from popular stock Fast Retailing. telegraph.co.uk |
Bond Report: Treasurys extend loss after bond auction
Investors give a lackluster reception to the latest auction of 30-year bonds. feeds.marketwatch.com |