Interest rates will stay near zero, Fed announces
October 31, 2015
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Interest rates will stay near zero, Fed announces

The fact that previously issued statements of caution about the risks that global financial and…

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$1.7 billion profit for ANZ
October 31, 2015
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Business

$1.7 billion profit for ANZ

“ANZ has invested in digital across the Group, delivering multichannel platforms that have globally extensible…

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Valeant shares plunge again
October 31, 2015
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Business

Valeant shares plunge again

Shares of Valeant took quite the beating yesterday after Citron Research accused the company of…

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Weak earnings, forecasts pull stocks lower in early trading
October 31, 2015
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Business

Weak earnings, forecasts pull stocks lower in early trading

LinkedIn surged after positing better-than-expected results late on Thursday and lifting its full-year forecast, while…

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LinkedIn Profit Tops View, Lifts Outlook; Shares Surge 11%
October 31, 2015
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Business

LinkedIn Profit Tops View, Lifts Outlook; Shares Surge 11%

LinkedIn’s revenue for the latest quarter rose 37 percent from a year ago to $780…

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Ag lawmakers back budget after vow to kill crop insurance cuts
October 31, 2015
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Business

Ag lawmakers back budget after vow to kill crop insurance cuts

The provision is projected to cut slightly more than $3 billion from crop insurance over…

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Deutsche Bank to Cut Lending to German Home Buyers in Overhaul
October 31, 2015
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Business

Deutsche Bank to Cut Lending to German Home Buyers in Overhaul

The importance of Deutsche Bank’s investment banking division to its business model is demonstrated by…

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Restructuring Deutsche Bank reports 3Q loss of $6.6 billion
October 31, 2015
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Business

Restructuring Deutsche Bank reports 3Q loss of $6.6 billion

New Zealand clients would be serviced from Australia following the closure, which was expected to…

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Fed Set to Propose New Bank Debt Requirement to Reduce Bailout Risks
October 31, 2015
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Business

Fed Set to Propose New Bank Debt Requirement to Reduce Bailout Risks

Eight of the country’s largest banks would be required to raise $120 billion to comply…

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Dollar falls on profit-taking, commodity currencies rise
October 30, 2015
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Business

Dollar falls on profit-taking, commodity currencies rise