US Fed action seemingly widens rate for  T-bonds

US Fed action seemingly widens rate for T-bonds

The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.

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Religious Sectors Lose Confidence Over Wells Fargo

Religious Sectors Lose Confidence Over Wells Fargo

A group of religious sectors had filed a shared resolution against Wells Fargo.

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General Electric Eyes on Investing $150 Million in Nigeria

U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017

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Blackberry Stops Production; Almost On The Business Cliff

Blackberry will not Produce Anymore

BlackBerry's fame has come to an end.The Canadian company who introduced us the smartphone had stopped its race without reaching the finishing line.

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Blackrock Posts 22 Percent Increase In Quarterly Profits

BlackRock reports 20% decline in Q1 net income

BlackRock on Thursday announced a 20% fall in its earnings for the first quarter that ended March 31, 2016. The company registered a restructuring cost of $76 million in the current period with regard to its organization simplifying plan.

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Hong Kong Exchanges And Clearing Ltd. Chief Executive Officer Charles Li Presents Full-Year Results

China and Hong Kong Indexes Retracted Following Latest Economic Data

China's stock market slipped on Friday, as the country reported the economic growth is in accordance with analysts prediction. While investors expected a stronger result.

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A Wall Street sign hangs near the New York Stock Exchange in

Financial Sector Led Rally in Wall Street as Global Stocks Peaked to Highest Level

Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.

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World Bank And IMF Leaders Address Press During Annual Spring Meetings

IMF and World Bank Started Annual Spring Meeting To Discuss Global Economy

Leaders of the world's economy began their regular meeting on Thursday discussing necessary steps to boost growth and consumption. While G20 also held a meeting with similar agenda.

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Key Speakers At The Bloomberg Argentina Summit

The U.S. Court Allowed Argentina to Sell Bonds in Global Market

The U.S. Court of Appeals on Wednesday cleared Argentina to sell $15 billion bonds in the market. The country expects to issue the bonds within this week.

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Reactions To FTSE 100 Index Stocks Rebounding After Falling Into A Bear Market

London and European Stock Market Rallied Following Surge of China's Export

London's FTSE 100 rose on Wednesday to reach record high. European shares continued its rally led by mining stocks as China reported increase of export.

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USA New York - headquarters of JPMorgan Chase & Co

Five Large US Banks Do Not Have Sufficient Plan for Crisis Due to Lack of Information

GAO suggested financial regulators to disclose more information on their crisis policy framework. While five large banks do not have enough plan to manage operation during crisis.

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Federal Reserve Bank Of San Francisco President John Williams Speaks At UCLA

San Fransisco and Dallas Fed President Expected to See Interest Rate Hike Soon

Two other Fed presidents suggested the US central bank to raise interest rate. San Fransisco's John Williams said two or three rate hike in 2016 is reasonable. While Dallas' Rob Kaplan reminded to be patient.

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UBS AG Chairman Axel Weber And Bank Of France Governor Francois Villeroy de Galhau Speak At GIC Conference

Two Fed Presidents Supported Rate Hike in the March's Meeting

Richmond and Kansas City Fed President supported to raise the interest rate during the meeting last March. While Philadelphia Fed President on Tuesday reitereated the hike delay is a prudent decision.

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U.S. Stocks Fall From Record as Microsoft, Google Miss on Profit

Goldman Sachs to Pay $5 Billion Settlement Over Troubled Mortgage-Backed Securities

The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.

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Key Speakers At The Dublin Web Summit

Accel Announced New $500 Million Fund Targeting European and Israeli Startups

Palo Alto-based venture firm Accel has raised a new fund. The fund is targeting the next generation of entrepreneurs in Europe and Israel.

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