IVCPost Staff

Volkswagen's U.S. sales performance disappoints automaker

Volkswagen's sales in the US remained a mystery to its manufacturers.

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U.S. consumer confidence slumped to its lowest

U.S. consumer confidence declined to its lowest, attributed to government shutdown.

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IBM offers bonds worth 2.5 billion in Euros

IBM offered the biggest sale in securities.

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Greek stocks are prime pickings, experts say

The outlook of the Greek economy showed promise as stocks receives attention.

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Buffett cash pile of USD40 billion not being invested fast, say expert

Warren Buffett wants more liquidity in assets to have cash when there is fear in the market.

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Energy Future will pay creditors USD270 million in coupons to avoid bankruptcy

Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.

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Solar industry posted gains after years in the dark

The solar industry has gained ground in stock exchanges for two consecutive years, outpacing tech companies.

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The Basel group drafts new bank trading-book rules

The Basel Committee on Banking Supervision overhauled its current bank-trading book rules for banks.

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Global stocks suffer small hit after dim US Fed outlook

Global stocks went down slightly after the US Federal Reserve provided a dim US economy

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Euro gains a result of ECB Bank Test

The Euros consistent climbed has encouraged currency repatriation in Europe.

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Germany's Bafin wants more information from ECB on debts

Banking regulator banking asked the European Central bank for details on what qualifies as debt.

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Asia's stocks fall after Feds tapers bets

Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.

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Central Banks make currency-swap lines permanent to avoid future shocks

Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.

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Citigroup Inc. and JPMorgan Chase & Co. decide to put their top London currency dealers on a sabbatical after regulatory probe ensued, according to three sources.

Investment banks Citigroup Inc. and JPMorgan Chase & Co. put their top London currency dealers after regulatory probe.

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Sony cuts profit forecast in the face of stalling demand of its products

Sony Corp cuts yearly forecast amid losses incurred.

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