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Market News

Location American Market News for 29 August 2015
The Fed's Stanley Fischer said there is "good reason" to think sluggish U.S. inflation will firm and move back toward the U.S. central bank's 2% annual target, touching on a significant assessment facing the Fed ahead of...
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For China, a Plunge and a Reckoning

Wall Street Journal - 29 Aug 2015 22:58
The stock market fall pierced the party's mystique of omnipotence. In an interwoven world, the crisis should spur Beijing to prefer compromise to bullying.
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Economy watchers got some key clues Saturday as to the timing of the U.S. central bank's next interest rate hike. U.S. Federal Reserve Vice Chairman Stanley Fischer spoke about the state of the U.S. economy at the annual...
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JP Morgan Short-Term Bond fund, part of Mint50, trips: Should you exit? We suggest you hold on JSTB till the end of September
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Stock Swings Don't Shake Investors

Wall Street Journal - 29 Aug 2015 05:09
Stock indexes' wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money.
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'Alternative' Mutual Funds Providing Limited Protection

Wall Street Journal - 29 Aug 2015 04:10
As the U.S. stock market tumbled in the past three months, so-called alternative mutual funds didn't provide a lot of shelter.
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Hanergy Thin Film Power, the Hong Kong-listed solar energy business whose shares have been suspended since May 20 when a plunge in their price wiped out $19 billion of market capitalization in minutes, yesterday posted a...
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Chinese real-estate firms, among the country's heaviest dollar borrowers, aren't rushing to hedge their foreign-currency liabilities even as the surprise devaluation of the yuan adds to their debt load.
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Judge Rules for Thornburg Mortgage in Suit Against RBC

Wall Street Journal - 29 Aug 2015 02:07
A federal judge found that Royal Bank of Canada shortchanged the failed mortgage lender when it seized and subsequently sold some of its assets.
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