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, BOE Heard Traders’ Currency-Rigging Concerns Years Ago

BOE Heard Traders’ Currency-Rigging Concerns Years Ago

Bank of England officials knew of concerns the foreign-exchange market was being manipulated as early as July 2006, more than seven years before regulators opened formal probes into alleged rate-rigging. The BOE yesterday releasedminutes of central...

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, Asian Stocks Climb to Three-Week High After BOJ Statement

Asian Stocks Climb to Three-Week High After BOJ Statement

Asian stocks rose, with the regional benchmark index poised for a three-week high, after the Bank of Japan maintained unprecedented asset purchases and boosted lending programs. Chinese shares fell as the central bank drained liquidity from the financial...

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, Emerging Stocks Rise for Second Day on Global Growth Optimism

Emerging Stocks Rise for Second Day on Global Growth Optimism

Emerging-market stocks rose for a second day as exporters advanced on evidence the U.S. economy is gaining momentum. Dubai’s shares climbed after the emirate was chosen to stage the World Expo 2020, and Indonesia’s rupiah...

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Record JPMorgan Settlement Wouldn’t Deter Some Investors

  JPMorgan Chase & Co.’s (JPM) tentative agreement to pay a record $13 billion to end civil claims over its sales of mortgage bonds, a deal that won’t absolve the bank of potential criminal...

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, Morgan Stanley Leads as Wall Street Equities Trading Rebounds

Morgan Stanley Leads as Wall Street Equities Trading Rebounds

Morgan Stanley and Goldman Sachs Group Inc. led Wall Street banks in posting a collective 42 percent increase in equities-trading revenue in the second quarter, the largest jump in more than three years. Morgan...

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, Treasuries Rise a Third Day as Investors Weigh Stimulus Outlook

Treasuries Rise a Third Day as Investors Weigh Stimulus Outlook

Treasuries advanced for a third day as investors weighed whether the world’s largest economy is expanding fast enough to prompt the Federal Reserve to taper monetary stimulus. Benchmark 10-year notes headed for a weekly...

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, More Best and Worst Investments of 2012

More Best and Worst Investments of 2012

Best Equity Mutual Fund Fidelity Select Biotechnology Portfolio +37.5% The Fidelity Select Biotechnology Portfolio (FBIOX) spreads $2.7 billion in assets over 157 biotechnology stocks. A top holding is Gilead Sciences Inc. (GILD), the California-based...

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, Best and Worst Investments of 2012.

Best and Worst Investments of 2012.

The Year’s Winners and Losers If people were investments, 2012′s champion would be a whiskey-drinking Venezuelan who sells pharmaceuticals to teenagers. The year’s biggest loser would be a coffee-drinking social-media addict from Spain. That’s...

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, U.S. Stock Futures Fall After S&P 500 Reaches 5-Year High

U.S. Stock Futures Fall After S&P 500 Reaches 5-Year High

U.S. stock-index futures declined, indicating the Standard & Poor’s 500 Index will snap a seven-day rally that has driven the gauge to the highest level in more than five years. U.S. Silica Holdings Inc....

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, Spain’s Bad Bank Says Investors Will Buy 55% of Capital

Spain’s Bad Bank Says Investors Will Buy 55% of Capital

Private investors including Spanish banks and insurance companies agreed to purchase 55 percent of the capital in Spain’s bad bank, allowing the government to keep the facility’s debts off its books. Fourteen new investors...

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