‘Finance’ Articles
JPMorgan pins hopes on IPO recovery in China
BEIJING (Reuters) - Twice as many firms in China are eager to list on the stock market now compared to a year ago as rising Asian share prices rebuild confidence among businesses, the head of JPMorgan's arm in the country said on Saturday.
Import surge sends China trade to decade-deep deficit
BEIJING (Reuters) - China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand or seasonal distortion drove the drop.
China February trade deficit at $31.5 billion as imports leap
BEIJING (Reuters) - China chalked up its largest trade deficit in at least a decade in February at $31.5 billion, as imports soared 39.6 percent on a year earlier at more than twice the pace of export growth, leaving analysts cautious about seasonal distortions to trade activity.
Government to seek court approval of $25 billion mortgage pact
WASHINGTON, D.C. (Reuters) - A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday.
Apollo’s Black gets $104 million in distributions, pay
(Reuters) - Apollo Global Management LLC co-founder Leon Black will take home $104.2 million in 2011 dividends, salary and share of profits from the private equity firm, more than twice what he got in 2010, thanks to the firm's record investment payouts.
Government nixes tentative $1 billion settlement with J&J: WSJ
(Reuters) - Federal prosecutors in Washington, D.C. have nixed a tentative $1 billion settlement with Johnson & Johnson, holding out for a bigger settlement with the drugmaker for alleged improper marketing of its Risperdal schizophrenia drug, the Wall Street Journal said.
Stocks may avert pullback – again
NEW YORK (Reuters) - For a moment, stocks looked like they were headed for a long-awaited pullback this week.
Regulator approves Cap One: HSBC deal
(Reuters) - Bank regulators approved Capital One Financials acquisition of HSBC's $30 billion U.S. credit card business, the Office of the Comptroller of the Currency announced on Friday.
