Financial Market News

Asian stock markets sank Monday, battered by weak Chinese trade and a reduced estimate for Japan's economic growth.

Asian stocks slid on Monday and the dollar stepped back from its recent highs as disappointing Chinese trade data and uncertainty over the crisis in Ukraine kept risk appetite in check.

The kiwi weakened to 84.38 US cents from 84.61 cents at the New York close and 84.78 cents at 5pm on Friday.

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It's been five years since the stock market hit its low point of the financial crisis and Great Recession.

Five years ago, the United States was in the midst of its worst recession in seven decades, and stocks were feeling it.

In this Monday, March 3, 2014, file photo, specialist Gregg Maloney works on the floor of the New York Stock Exchange.

The six highest performing cloud computing stocks year-to-date in the Cloud Computing Index are Akamai , Fusion-IO , F5 Networks , and Juniper Networks .

Shares of the No. 1 U.S. public life insurer are the cheapest in its industry. It benefits from higher rates, a global franchise, and reduced risk.

BSE Sensex has, over the last four trading sessions, risen by 4.7 per cent following strong FII inflows amounting to over Rs 5,000 crore.

It looks at available tools and methods, and tips on using analytics ... )--Santa Clara Valley Bank Chairman of the Board Scott K. Rushing today announced the Bank's 2013 fourth quarter results.

Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals - it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.

U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.

The Toronto stock market held onto a slight gain Friday as job creation data in the U.S. came in well above expectations.

It was a roller coaster session for the markets Friday. Wall Street stocks surged early on a positive jobs report, but faded by mid-session only to come off the day's lows by the closing bell.

A former investment banker has been convicted in Connecticut of defrauding investment funds, established as part of the government's response to the 2008 financial crisis.

Those concerns offset an encouraging pickup in hiring by U.S. employers last month.

World shares were at a six-year high and heading for a fifth week of back-to-back gains on Friday as the ongoing tug-of-war over Crimea and uncertainty ahead of US jobs data did little to sap market confidence.

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Chinese authorities allowed the country's first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented.