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Hong Kong's stock-exchange operator is rethinking an aggressive new insider-trading measure amid fierce corporate opposition.

Shares in Barclays and Royal Bank of ­Scotland plummeted as huge losses at two of America's biggest ­financial institutions sparked fresh fears for the future of Britain's banking industry.In a frantic hour of trading, Barclays lost almost a quarter of its value - marking the second wave of a banking crisis that has already dragged the industry to the edge of collapse. The dramatic fall, which also shook the newly merged Lloyds TSB and HBOS, forced banking chiefs to cancel a planned summit in the City and ­triggered a flurry of emergency meetings in Whitehall.Alistair Darling, the chancellor, met Adair Turner, the chairman of the FSA, the main financial regulator, while Gordon Brown met Mervyn King, the governor of the Bank of England, to assess the ­damage after a week of devastating news for the banking industry.Barclays denied it faced financial problems and rushed out a statement to the New York stock exchange before trading closed. The bank, which is due to report its figures nex

There are two concerns for fundamental yen traders next week: risk trends and fundamentals. As the market's preferred safe haven currency (retaining the...

A year ago, the most risk-sensitive currency was probably the high-yielding Australian or New Zealand dollar as yields were the primary source of speculation...

THE dollar closed stronger yesterday as the passage of a huge US stimulus package lifted the fortunes of high-yielding currencies.

The euro ended the week mixed across the majors, as the currency slipped against the US dollar, Japanese yen, and Swiss franc but rose versus the British...

The theme in the markets this morning is a return of risk appetite...

The Australian Dollar was among the worst G10 performers to end the week's currency trading, as an outright rout in global commodity prices led to similar...

BALTIMORE, MD--(Marketwire - January 16, 2009) - Brower Piven, A Professional Corporationannounces that a class action lawsuit has been commenced in the UnitedStates District Court for the District of Delaware on behalf of purchasersof the securities of Horizon Lines, Inc. ('Horizon' or the 'Company')(NYSE: HRZ) during the period between March 2, 2007 and April 25, 2008,inclusive (the 'Class Period').The complaint accuses the defendants of violations of the SecuritiesExchange Act of 1934 by virtue of the Company's failure to disclose duringthe Class Period that its publicly reported revenue and earnings had beenimproperly inflated due to improper price-fixing activities and that itsfinancial results would be materially impacted if it was forced to stop itsanti-competitive behavior. According to the complaint, on April 17, 2008,after the Company revealed that it was the subject of an antitrustinvestigatio

Newsinfo.inquirer.net - Sun Jan 18, 03:54 pm GMT