AP - Federal regulators on Wednesday tightened rules for money-market mutual funds to require them to hold some assets that could be easily converted to cash and to disclose new information on fund values. -- read full article
AP - A House panel probing the bailout of American International Group Inc. is sharpening its questions for two Treasury secretaries and a federal investigator who believes the Federal Reserve withheld documents.
Reuters - U.S. stocks slipped late on Tuesday due to trepidation over churning political and regulatory developments, offsetting solid earnings and improved consumer confidence data.
AP - Stocks gave up a healthy advance and closed slightly lower Tuesday as investors suffered another bout of anxiety over President Barack Obama's plan to regulate banks. -- read full article
AP - Stocks gave up a healthy advance and closed slightly lower Tuesday as investors suffered another bout of anxiety over President Barack Obama's plan to regulate banks.
Investor's Business Daily - Franklin Resources runs many kinds of mutual funds. But besides namesake Benjamin Franklin, it's most known for fixed-income funds, epitomized by its prized Templeton Global Bond Fund. -- read full article
Reuters - Standard & Poor's said it will add Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) to its flagship S&P 500 stock index (.SPX), as the company prepares to acquire railroad operator Burlington Northern Santa Fe Corp .
AFP - Russian metals giant UC Rusal tumbled on its Hong Kong stock market debut Wednesday but the controversial firm's boss expressed confidence about tapping the resources-hungry Chinese market.
Reuters - Asian stocks fell for the ninth straight day on Wednesday on fears that China's heightened efforts to rein in soaring credit growth could hamper the global economic recovery.
AP - Asian stock markets dropped a sixth day Wednesday as concerns China's move to slow lending would hinder the global recovery continued to unsettle investors. European shares opened lower.
Reuters - Fears of more Chinese policy tightening spooked global markets on Tuesday after Beijing ordered some banks to comply immediately with a planned increase in reserves and a report suggested earlier attempts at curbing lending had failed.
Reuters - Standard & Poor's cut its rating outlook on Japan on Tuesday and China implemented a clampdown on lending, hitting investor confidence about global economic recovery.
