TOP 100 FINANCIAL SITES
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| ADB president arrives in Cambodia for visit Asian Development Bank (ADB) President Haruhiko Kuroda arrived in Phnom Penh Sunday for his first official visit to Cambodia. Kuroda is scheduled to meet with senior Cambodian government officials on Monday to discuss ADB's assistan ... english.people.com.cn |
Macy's Abandons Monthly Reports Monthly retail-sales reports are losing their significance, with Macy's joining other store operators that no longer disclose the data. online.wsj.com |
Correction: Subprime woes threaten Japan's real estate recovery The transformation of Japanese real estate into a financial product has helped to draw investments from abroad and underpin higher land prices, but the same forces are poised to deflate the market, according to a published report. feeds.marketwatch.com |
Fed's auction fails to reduce premiums The Federal Reserve's new twice-monthly loan auctions have failed to reduce banks' borrowing costs since officials introduced them in December, Stanford University economist John Taylor said.There is "no empirical evidence" the Term Auc ... english.people.com.cn |
Kerkorian seeks to boost Ford stake, citing solid turnaround DETROIT (AP) -- Billionaire investor Kirk Kerkorian, making another attempt to shape the U.S. automotive industry, disclosed Monday that he had acquired a 4.7 percent stake in Ford Motor Co. and hoped to boost his holdings as the company tries to return to sustained profitability.... hosted.ap.org |