May 31 2012

IMF: No bailout plans for Spain in the works

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The International Monetary Fund says it has not been asked by Spain for a bailout and has not begun preparing one.IMF spokesman Gerry Rice spoke Thursday as Spanish Deputy Prime Minister Soraya Saenz de …

IMF: No bailout plans for Spain in the works

May 31 2012

European stocks finish mixed

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Investors in Europe welcomed slightly upbeat economic news Thursday, driving stocks in the region higher.

European stocks finish mixed

May 31 2012

EURO LEADERS MUST ACT

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The head of the European Central Bank said Thursday that the configuration of Europe’s common currency will become “unsustainable” if policymakers do not take action.

EURO LEADERS MUST ACT

May 31 2012

Yield on 10-year Treasury sinks to record low

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Investors stampeded into U.S. government bonds Thursday, driving the interest rate on the 10-year Treasury note as low as 1.54 percent, a record.People were fearful that the U.S. economy might be hitting …

Yield on 10-year Treasury sinks to record low

May 31 2012

Honeywell in Blooming Natural Gas Market

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Honeywell’s group company, UOP LLC, opened a manufacturing and operations center in Penang, Malaysia, for production of natural gas membrane elements.

Honeywell in Blooming Natural Gas Market

May 31 2012

Spain is the new epicenter of Europe’s woes

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Spain is fast becoming the biggest threat to Europe’s shared currency as the cash-strapped government struggles to contain a growing banking crisis.

Spain is the new epicenter of Europe’s woes

May 31 2012

Euro ‘unsustainable’ without action

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The head of the European Central Bank said Thursday that the configuration of Europe’s common currency will become “unsustainable” if policymakers do not take action.

Euro ‘unsustainable’ without action

May 31 2012

Are Treasury ETFs Risk-Free?

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Exchange traded funds indexed to U.S. Treasury bonds are among the top performers in May on the risk-off trade and Europe‚Äôs debt woes. Vanguard Extended Duration Treasury ETF (NYSEArca: EDV) is up 14.7% …

Are Treasury ETFs Risk-Free?

May 31 2012

Brent crude ends lower, falls 14.73 percent in May

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Brent crude futures fell on Thursday, losing nearly 15 percent for May, as rising U.S. oil inventories, disappointing economic data and a worsening euro zone debt crisis pressured prices. Brent July crude …

Brent crude ends lower, falls 14.73 percent in May

May 31 2012

BP, PLN in Gas Supply Deal

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BP Plc has inked a Memorandum of Understanding with Indonesia???s state electricity company ??? PT.PLN (Persero) ??? to make liquefied natural gas available on a long-term basis.

BP, PLN in Gas Supply Deal