World investors see rates staying low and put faith in stocks: Reuters poll
LONDON (Reuters) – Global investors put more money into stocks in June favoring the United States and Britain where economic recovery is gathering pace over other developed markets, a Reuters poll showed on Monday.
Stocks set for quarterly gains, yen at five-week high
LONDON (Reuters) – Global stocks were on track for their fourth straight quarter of gains on Monday, aided by loose monetary policies from major central banks, although concerns about geopolitical developments and global economic health underpinned the…
China to maintain current account surplus in near term: SAFE
BEIJING (Reuters) – China will maintain a current account surplus in the near-term, while keeping it at low level, China’s foreign exchange regulator said on Monday.
BlackRock ETFs near $1 trillion as it loses market share to Vanguard
NEW YORK (Reuters) – Even as BlackRock Inc is set to amass $1 trillion in exchange-traded fund assets in its iShares business, U.S. retail investors increasingly prefer to send their money to low-cost leader Vanguard Group, highlighting a weak spot for…
Euro zone loans slump, ECB waits for new measures to kick in
FRANKFURT (Reuters) – Lending to households and firms in the euro zone contracted more sharply in May than a month earlier, highlighting the economic weakness in the bloc that the ECB sought to address with a bundle of measures earlier this month.
Boeing, Airbus enter bids for $1.38 billion South Korean refueling plane order: sources
SEOUL (Reuters) – Boeing and Airbus were among three bidders in South Korea’s roughly 1.4 trillion won ($1.38 billion) program to buy four refueling tanker aircraft, two people briefed on the matter said on Monday.
Asia stocks mostly higher before global data test
SYDNEY (Reuters) – Asian share markets edged cautiously higher on Monday while the dollar stayed under pressure ahead of packed week of economic data that will test investor hopes for a pick-up in the global economy.
Obama to nominate former P&G CEO Bob McDonald as veterans secretary
WASHINGTON (Reuters) – President Barack Obama has chosen former Procter & Gamble Chief Executive Bob McDonald, an Army veteran, as his nominee to be the next secretary of veterans affairs, a senior Obama administration official said on Sunday.
Following long ban, U.S. could dominate global light oil supply
NEW YORK (Reuters) – After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent government export approvals attract interest across the world.
Global M&A at seven-year high as big corporate deals return
NEW YORK (Reuters) – Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in s…
