BofA could still put Countrywide into bankruptcy, executive says

By Karen Freifeld

NEW YORK (Reuters) - Bank of America Corp (BAC.N) could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investors, a bank executive said on Monday.

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S&P revises U.S. credit outlook to 'stable' from negative

By David Gaffen and Daniel Bases

NEW YORK (Reuters) - Standard & Poor's on Monday removed the near-term threat of another credit rating downgrade for the United States by revising its outlook to stable from negative, citing an improved economic and fiscal outlook.

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U.S. hiring outlook positive; global employers uncertain: report

By Madeline Will

NEW YORK (Reuters) - More employers in the United States plan to hire workers next quarter than in any period since the fourth quarter of 2008, according to a survey by Manpower Group (MAN.N), the global employment services giant.

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Asian shares hit 2013 lows; Nikkei slides as BoJ disappoints

By Chikako Mogi

TOKYO (Reuters) - The U.S. dollar slipped against the yen after the Bank of Japan held off from taking fresh steps to curb bond market volatility, while Asian shares sagged to a fresh 2013 low as China growth worries and continued uncertainty over the U.S. bond-buying program depressed sentiment.

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Gold Falls Most in Two Weeks on Fed Stimulus Speculation

By Debarati Roy & Joe Richter

Gold futures slumped the most in two weeks as U.S. consumer confidence climbed in May to the highest in almost six years, stoking concern that the Federal Reserve may scale back monetary stimulus.

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Junk Bonds Get Destroyed at the Close

Stocks finished lower on Friday following the release of a mixed batch of economic data.

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Morgan Stanley’s Hadden Barred From CME Trading for 10 Days

By Michael J. Moore

Morgan Stanley (MS)’s head of interest-rates trading, Glenn Hadden, was suspended from accessing all CME Group Inc. trading floors for 10 days to resolve claims tied to his 2008 transactions in Treasury futures.

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Asian Stocks Decline as Japan Enters Correction on Fed

By Yoshiaki Nohara

Asian stocks fell for a second week, with the regional benchmark index capping the first monthly loss in seven months, amid concern the Federal Reserve will scale back its stimulus, causing interest rates to rise. Shares in Japan, the world’s best performing major market, entered a correction as the yen rose.

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The 100% Stock Solution

BY LIAM PLEVEN

Most investors hold a mix of stocks and bonds, hoping for both growth and safety. Then there are people like Daniel White.

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Goldman unveils checks on conflicts in bid to fix image

By Lauren Tara LaCapra

SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's (GS.N) Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track.

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WTI Crude Falls a Fourth Day for Biggest Weekly Drop in a Month

By Ben Sharples

West Texas Intermediate crude fell for a fourth day, extending the biggest weekly drop in more than a month, amid signs of rising U.S. fuel supplies and a global economic slowdown.

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Bass Sees BOJ Bond Purchases Overwhelmed as Investors Dump Debt

By Rocky Swift

J. Kyle Bass, whose Hayman Advisors LP made $500 million amid the U.S. subprime crisis, said the Bank of Japan will have to “dramatically” increase bond-buying efforts that have been “overwhelmed” by investors selling.

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Icahn seeks up to $7 billion for Dell bid

By Michelle Sierra

NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.

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Gold Heads for Best Week in a Month as Investors Weigh Stimulus

By Phoebe Sedgman

Gold swung between gains and losses as investors weighed speculation the Federal Reservewill maintain its record stimulus against a continuing decline in investor assets. Prices headed for the best week in a month.

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Wall Street sags, but ends off session lows; HP hits 52-week high

By Angela Moon

NEW YORK (Reuters) - Stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.

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Asian Stocks Drop as Yen Gains After Kuroda Comments

By Adam Haigh

Asian stocks fell, with the region’s benchmark index set for its biggest weekly loss in a year, as the yen strengthened after Bank of Japan Governor Haruhiko Kuroda said the central bank had announced sufficient stimulus.

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Asia Pacific IPOs in busiest deal week since 2011

* Sinopec Engineering raises $1.8 bln

* APPT raises $1.14 bln

* All three large IPOs this week priced near the bottom

By Elzio Barreto and Yantoultra Ngui

HONG KONG/KUALA LUMPUR, May 16 (Reuters) - IPO markets in Asia Pacific had their best week in two years after Chinese refiner Sinopec Group's engineering unit and a Macquarie Group Ltd-linked trust raised a combined $2.9 billion on Thursday.

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Lacker says Fed should get out of mortgage market

By Pedro Nicolaci da Costa

BALTIMORE (Reuters) - An improving U.S. housing market suggests it is time for the Federal Reserve to stop aiming its stimulus at the real estate sector, Richmond Fed President Jeffrey Lacker said on Wednesday.

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apan GDP Jumps Most in Year as Consumers Open Wallets: Economy

By Toru Fujioka & James Mayger 

Japan’s economy expanded the most in a year last quarter as consumer spending and export gains outweighed the weakest business investment since the wake of the March 2011 earthquake and tsunami.

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How the Obama Scandals Could Hurt Financial Markets

By Rick Newman | The Exchange

It’s not exactly a Watergate moment (not yet, anyway), but the mounting controversies engulfing President Obama may mark the most difficult patch of his presidency to date. And they could eventually undermine the economy while rattling financial markets as well.

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Bond 'Death' Cross? Why Yields May Fall Below 1 Percent

By: Jeff Cox

CNBC.com Senior Writer

The 10-year Treasury is on the cusp of making an important technical formation that could lead to a huge drop in yield and a flight from risk, according to an analysis.

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Sinopec Engineering Said to Raise $1.8 Billion in Hong Kong IPO

By Fox Hu

Sinopec Engineering Group Co., a unit of China’s biggest refiner, raised $1.8 billion in an initial public offering in Hong Kong, according to two people with knowledge of the matter.

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Tata Power May Sell Shares in Clean-Energy Unit Next Year

By Natalie Obiko Pearson

Tata Power Co. (TPWR), the utility business of India’s largest business group, is considering an initial public offering of its clean-energy unit next financial year.

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Insight: Dimon has big say over who serves on JPMorgan board

By Nadia Damouni, David Henry and Ross Kerber

(Reuters) - For years, JPMorgan Chase & Co (JPM.N) Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. bank.

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Soros Leads Gold-Stake Cuts Before Bear Market Drop

By Debarati Roy

Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month, while John Paulson maintained a stake that lost about $165 million in the first quarter.

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Ambit Biosciences prices IPO at $8

Ambit Biosciences, which is developing small molecule therapeutics for the treatment of acute myeloid leukemia

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Japan's first-quarter growth beats forecasts as first stimulus effects felt

By Tetsushi Kajimoto and Kaori Kaneko

TOKYO (Reuters) - Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister Shinzo Abe's aggressive monetary and fiscal stimulus.

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Most Asian Stocks Drop as Japan’s Banks Fall on Earnings

By Jonathan Burgos

Most Asian stocks fell as a decline in Japanese banks after forecasting lower earnings offset a report that Japan’s economy expanded faster than analysts estimated in the first quarter.

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Market Close Report: NASDAQ Composite index closes at 3,471.62 up 9.01 points

Wednesday's session closes with the NASDAQ Composite Index at 3,471.62. The total shares traded for the NASDAQ was over 1.78 billion.

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Are Central Banks Repeating Greenspan’s Mistake?

By: Professor Moorad Choudhry 

Did you read that headline right? Alan Greenspan, chairman of the U.S. Federal Reserve from 1987-2006 and the most celebrated central banker in modern times? 

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Shell Targeted With BP in EU Price Fixing Probe for Oil: Energy

Three of Europe’s biggest oil explorers are among companies being questioned by European antitrust regulators about potential manipulation of prices in the $3.4 trillion-a-year global crude market.

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Analysis: For all the debt, there's a shortage of bonds

By Mike Dolan

LONDON (Reuters) - Debt may be everywhere but there's a scarcity of bonds.

With governments awash with debt and furiously selling new securities to fund bloated budget deficits, the idea of a bond shortage on the marketplace may sound puzzling.

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S&P 500 Rallies to Record on Increased Economic Optimism

U.S. stocks rose, sending the Standard & Poor’s 500 Index to its eighth record high in the past nine sessions, on increased optimism over growth in the world’s largest economy.

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Nikkei breaks above 15,000 points on weak yen, dollar resilient

By Masayuki Kitano

SINGAPORE (Reuters) - Asian share markets were mixed on Wednesday, with Australian equities dented by weakness in mining firms while Tokyo stocks surged to a 5-1/2-year high as Japanese exporters rallied after the yen's recent slide.

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Asian Shares Climb With Japan Stocks, Bond Yields as Won Slides

By Pratish Narayanan & Yoshiaki Nohara

Asian shares rose as stocks in Japan climbed to their highest level since December 2007 and yields on the nation’s 10-year bond advanced to the most in more than a year. South Korea’s won declined and palladium retreated.

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Gene therapy biotech bluebird bio files for a $86 million IPO

bluebird bio, a clinical-stage biotech focused on treating severe genetic and orphan diseases with gene therapy, filed on Tuesday with the SEC to raise up to $86 million in an initial public offering.

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Walmart checks Bangladesh factories; retailer accord elusive

By Jessica Wohl

(Reuters) - Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.

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Covisint files for a $100 million IPO

Covisint, which provides secure, industry specific communication and collaboration platforms, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

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HSBC Plans Up to $3 Billion in Cost Savings by End of 2016

By Howard Mustoe 

HSBC Holdings Plc (HSBA), Europe’s largest bank, will target $2 billion to $3 billion of additional cost savings as Chief Executive Officer Stuart Gulliver continues with his plan to increase profitability.

Read more »

Market Close Report: NASDAQ Composite index closes at 3,462.61 up 23.82 points

Tuesday's session closes with the NASDAQ Composite Index at 3,462.61. The total shares traded for the NASDAQ was over 1.76 billion.

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Ex-Goldman Trader Saiz’s Fund Assets Slump 86% Following Losses

By Matthew Brown 

Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.

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Bearish IEA Report Takes Toll on Weary Crude

Brent crude oil slipped below $103 per barrel on Tuesday, caught between hopes of a revival in global economic growth and worries over demand after bearish reports from the West's energy watchdog.

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Gold Prices ‘Still Very Inflated’: Talking Numbers’ Brian Sullivan

By Bernice Napach | Daily Ticker

Neither industrial metal nor an official currency, the gold commodity is an asset investors have come to either love or hate.

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JPMorgan’s Dimon Problem: A $20 Billion Gamble?

By Matt Nesto | Breakout 

When shareholders of JP Morgan Chase (JPM) huddle in Florida this weekend for their annual meeting, they'll find themselves about 35% richer than they were in 2012, despite enduring a crisis-filled year of turmoil, regulation and investigation.

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Yen Fluctuates Versus Dollar After Reaching Four Year Low

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US Oil Boom to Help Meet New Global Demand: IEA

U.S. shale oil will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving the need for OPEC crude barely changed from today's levels, the West's energy agency said on Tuesday.

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Definitely Still Bullish on Stocks: Appaloosa's Tepper

Hedge fund titan David Tepper, founder and president of Appaloosa Management, told CNBC on Tuesday he's still bullish on stocks and investors shouldn't worry about the Federal Reserve tapering its massive bond-buying program.

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ECB Picks Fight With Germany on EU Plan for Failing Banks

By Jim Brunsden & Rebecca Christie
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.

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PETROLEO-Crudo cae por débil demanda de China, bajan ventas de gasolina EEUU

Por Jeanine Prezioso

NUEVA YORK (Reuters) - Los precios del petróleo cerraron con pérdidas el lunes tras una volátil sesión, afectados por la débil demanda de crudo de China, el segundo mayor consumidor del mundo, y datos que mostraron el mayor descenso en las ventas minoristas de gasolina en Estados Unidos en más de cuatro años.

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WTI Crude Trades Near One-Week Low as U.S. Supplies Seen Rising

By Ben Sharples

West Texas Intermediate crude traded near the lowest level in more than a week before government data that may show U.S. stockpiles climbed to the highest since at least 1931. Brent oil’s premium to WTI narrowed.

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Icahn, Southeastern reveal board nominees as Dell seeks more info

By Greg Roumeliotis

NEW YORK (Reuters) - Dell Inc's special committee asked Carl Icahn for details on his plan to make the computer maker pay dividends and issue shares rather than sell itself to its founder, as the activist investor unveiled candidates for a new board.

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Most U.S. Stocks Fall After Record Highs Amid Sales Data

By Nikolaj Gammeltoft & Sarah Jones 
Most U.S. stocks fell, after benchmark indexes climbed to record levels last week, even as government data showed retail sales unexpectedly rose in April.

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Asian shares mostly rise, dollar takes breather

By Chikako Mogi

TOKYO (Reuters) - Asian shares snapped a two-day losing streak and rose on Tuesday as a surprising rise in U.S. retail sales boosted sentiment, but the dollar took a breather after gaining broadly on growing optimism about the recovery in the world's largest economy.

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Trade Street Residential prices IPO at $10, below the range

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Palm Oil Declines as Falling Exports May Lead to Higher Reserves

By Ranjeetha Pakiam 

Palm oil dropped for a second day on speculation that declining exports and rising output may boost stockpiles in Malaysia, the world’s second-largest producer.

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Retail sales gain shows some strength in economy

By Lucia Mutikani

WASHINGTON (Reuters) - Retail sales unexpectedly rose in April, pointing to underlying strength in the economy and leading forecasters to bump up second-quarter growth estimates.

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Used Gold Supply Heads for ’08 Low as Sellers Balk: Commodities

By Joe Richter & Debarati Roy

Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.

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After Hours Most Active for May 13, 2013 : CHK, QQQ, MTU, VONV, TTWO, BAC, LCC, BSX, S, AAPL, FITB, VOD

The NASDAQ 100 After Hours Indicator is up .36 to 2,982.45. The total After hours volume is currently 14,657,449 shares traded. 

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Market Close Report: NASDAQ Composite index closes at 3,438.79 up 2.21 points

Monday's session closes with the NASDAQ Composite Index at 3,438.79. The total shares traded for the NASDAQ was over 1.59 billion.

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HSBC boss can do more to cut bank down to size

By Steve Slater

LONDON (Reuters) - HSBC's (HSBA.L) sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by Chief Executive Stuart Gulliver, and analysts are expecting more.

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SoftBank Plans Silicon Valley Center as Part of Sprint Takeover

By Scott Moritz

SoftBank Corp. (9984), bidding to take over Sprint Nextel Corp. (S) in a $20.1 billion deal, is planning a new Silicon Valley office for the U.S. carrier that would employ as many as 1,000 people.

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Morgan Stanley's deputy head of investment banking exits: WSJ

(Reuters) - Morgan Stanley's (MS.N) deputy head of investment banking, Ji-Yeun Lee, has left the firm in recent weeks, the Wall Street Journal reported, citing people familiar with the company.

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Firm dollar hits oil, gold, shares; Nikkei scales new peak

By Chikako Mogi

TOKYO (Reuters) - Oil and gold prices fell on Monday as the dollar strengthened, weighing on Asian shares, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the U.S. currency.

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WTI Drops a Third Day as OPEC Boosts Output to Five-Month High

By Ben Sharples

West Texas Intermediate crude fell for a third day, the longest run of declines in four weeks, as OPEC boosted output to the highest level in five months.

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Are Bond Vigilantes Taking On the Fed?

When will the U.S. Federal Reserve begin to move toward a gradually less accommodative credit stance? What instruments and techniques will it use to shrink its bloated balance sheet? Will that lead to widely circulated apocalyptic scenarios of crashing markets and financial institutions?

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Gold Bears Pull $20.8 Billion as BlackRock Says Buy: Commodities

By Elizabeth Campbell 

Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc. (BLK), the world’s biggest money manager, said it’s still bullish.

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Exclusive - Airbus to China: We support you, please buy our jets

By Barbara Lewis

BRUSSELS (Reuters) - China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognize its support over a trade row with Europe, a letter seen by Reuters shows.

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Oil and gas E&P services provider Frank's International files for $500 million US IPO

Frank's International, a global provider of tubular services to leading oil and gas E&P companies, filed on Friday with the SEC to raise up to $500 million in an initial public offering. 

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Market Close Report: NASDAQ Composite index closes at 3,436.58 up 27.41 points.

Friday's session closes with the NASDAQ Composite Index at 3,436.58. The total shares traded for the NASDAQ was over 1.63 billion.

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Citigroup Sued by Salomon, 99, Over Secretary Who Stole

By David Voreacos
Citigroup Inc. (C) was accused in a lawsuit by William Salomon of supplying the 99-year-old former Wall Street banker and son of the founder of Salomon Brothers with a personal secretary who was later convicted of stealing from him.

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GM, Berkshire Lead Bond Offerings of $42.1 Billion in U.S.

By Victoria Stilwell 

General Motors Co. (GM)’s finance unit and billionaire Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) led dollar-denominated sales of at least $42.1 billion this week as relative yields narrowed.

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BOJ chief expects no spike in long-term Japan interest rates

AYLESBURY, England (Reuters) - Japanese long-term interest rates should not shoot higher as a result of money flowing out of government bonds, Bank of Japan Governor Haruhiko Kuroda said on Saturday.

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G7 to press on with bank reforms, Japan escapes censure

By William Schomberg and Gernot Heller

AYLESBURY, England (Reuters) - Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan's drive to galvanize its economy.

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Treasury Yields Climb the Most Since March as Fed Stokes

By Cordell Eddings & Susanne Walker

Treasury 10-year note yields rose the most in two months as signs the U.S. economy is improving stoked speculation that there is no need for the Federal Reserve to ramp up monetary stimulus.

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Larger IPOs Are Back…But From a New Place

Large-scale IPOs (initial public offerings) have hit record levels year-to-date, as newemerging countries enter the market and investors hunt for higher returns.

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Small Business Takes Center Stage in Internet Sales Tax Debate

By: Elizabeth Schulze

CNBC Producer

Lawmakers both in favor and opposed to the Marketplace Fairness Act are repeatedly leveraging one phrase in the debate over an Internet sales tax: small business.

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Master Limited Partnership ETF Trading at Premium Again

A popular master limited partnership exchange traded note has started to trade at a premium to its net asset value once again, highlighting additional risks associated with the ETN structure.

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Exclusive: Indian card processor in $45 million heist is ElectraCard - sources

By Dinesh Nair and Jessica Dye

DUBAI/NEW YORK (Reuters) - One of the credit card processing companies whose security was breached in a $45 million global cyber heist was India's ElectraCard Services, according to two people familiar with the situation.

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Gold Gets Gutted: Here’s Why

By: Alex Rosenberg

CNBC Producer

Gold's Going to $1,100: Pro

Thursday, 9 May 2013 | 1:12 PM ET

Gold's been stuck in a pretty tight range, and it's losing ground. Discussing how gold will break with CNBC's Jackie DeAngelis and the "Futures Now" traders.

Gold dropped three percent Friday, suffering the worst decline of any widely followed commodity as it plunged to a two-week low.

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JPMorgan May Evade Power-Trading Ban With Swaps, ISO Says

By Lynn Doan 

A JPMorgan Chase & Co. (JPM) unit suspended from market-based power trading in Californiamay be evading the ban through swap agreements with EDF Group and Cargill Inc. subsidiaries, the state’s grid operator said.

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3 Ways Income Investors Get in Trouble

By Ron DeLegge | ETFguide 

Here's an apt description of today's bond market: It's a bull market in lunacy.

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Exclusive: U.S. decision on Keystone XL pipeline seen dragging past summer

By Timothy Gardner

WASHINGTON (Reuters) - The Obama administration is unlikely to make a decision on the Canada-to-Nebraska Keystone XL pipeline until late this year as it painstakingly weighs the project's impact on the environment and on energy security, a U.S. official and analysts said on Friday.

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Icahn Asks Investors to Make Big Bet on a Debt-Laden Dell

By Aaron Ricadela, Cristina Alesci & David Carey
Billionaire Carl Icahn, seeking to scuttle a buyout led by Silver Lake Management LLC, is askingDell Inc. (DELL) investors to bet on a computer maker beset by rising competition, tumbling demand and a bigger debt load. 

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Wall Street Week Ahead: 'Sell in May and Go Away?' Not This Year

By Angela Moon

NEW YORK (Reuters) - With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak.

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SoftBank Says Dish’s Sprint Bid Is Full of ‘Wishful’ Numbers

By Scott Moritz & Alex Sherman

SoftBank Corp. (9984) (9984) Chief Executive Officer Masayoshi Son renewed his attacks onDish Network Corp. (DISH), his rival suitor for Sprint Nextel Corp. (S), saying the satellite company would be a poor match for a wireless carrier.

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The Economics of Tornadoes

By Chris Nichols | The Exchange 
Were you watching The Weather Channel this week, you stood a good chance of catching meteorologists Jim Cantore and Mike Bettes as they raced to track down potentially tornado-spawning systems in Texas and Oklahoma.

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Dollar Rallies, Commodities Slide; S&P 500 Reaches Record

By Mark Shenk & Michael P. Regan

The Dollar Index (DXY) extended its biggest two-day rally since July, helping trigger a plunge in commodities, and Treasuries tumbled amid improving confidence in the strength of the American economy. U.S. stocks advanced, returning benchmark indexes to all-time highs.

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Market Close Report: NASDAQ Composite index closes at 3,436.58 up 27.41 points

Friday's session closes with the NASDAQ Composite Index at 3,436.58. The total shares traded for the NASDAQ was over 1.63 billion.

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U.S. Stock Futures Advance as G-7 Finance Ministers Meet

By Namitha Jagadeesh

U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will extend a third week of gains, amid speculation central banks will maintain stimulus measures as Group of Seven finance chiefs meet.

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Feds in NYC: Hackers stole $45M in ATM card breach

NEW YORK (AP) — A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database ofprepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S.card technology may be partly to blame.

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S&P 500 slips, snaps five-day streak of record closes

By Caroline Valetkevitch

NEW YORK (Reuters) - The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined.

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Brasileña OGX reporta pérdida de 804,6 mln reales en 1er trim

Por Roberto Samora

SAO PAULO (Reuters) - La compañía petrolera OGX, del grupo del empresario Eike Batista, tuvo una pérdida en el primer trimestre del 2013 casi tres veces mayor a la registrada en el mismo período del año precio, debido a gastos millonarios en pozos secos.

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Palm Oil Climbs Before Malaysia Releases Stockpiles for April

By Ranjeetha Pakiam 

Palm oil rose to the highest level in almost two weeks before the release of data from Malaysiawhich may show that inventories dropped to a nine-month low.

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Why Hedge Fund Big Shots Hate Ben Bernanke

Hedge fund zillionaire Paul Singer is super-mad at the Federal Reserve and Fed Chairman Ben Bernanke over inflation they have not yet quite unleashed.

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WTI Crude Drops a Second Day; Goldman Sees Brent Gap Narrowing

By Ben Sharples 

West Texas Intermediate crude fell a second day, trimming a third weekly gain, as rising supplies countered signs of economic growth. Brent’s premium to WTI may narrow to $5, according to Goldman Sachs Group Inc.

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Asia-Pacific Bond Risk Rises, Credit-Default Swap Prices Show

By Jun Yang

The cost of insuring corporate and sovereign bonds against non-payment in the Asia-Pacific region excluding Japan rose, credit-default swaps show.

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SoftBank CEO Says Dish’s Sprint Bid Is Full of ‘Wishful’ Numbers

By Scott Moritz & Alex Sherman

SoftBank Corp. (9984) Chief Executive Officer Masayoshi Son renewed his attacks on Dish Network Corp., his rival suitor for Sprint Nextel Corp., saying the satellite company would be a poor match for a wireless carrier.

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Pension Loans Finally Catch Regulators' Attention

Watchdogs have finally noticed that pension loan operators may need a closer look.

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BofA sells $110 billion CMBS servicing rights portfolio to KeyBank

(Reuters) - Bank of America Corp (BAC.N) will sell a commercial mortgage servicing rights portfolio valued at around $110 billion to a KeyCorp (KEY.N) unit for an undisclosed amount, the latest offloading of servicing assets which many big banks consider costly to collect on.

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Yen Extends Drop Past 100 Per Dollar After Bonds Data

By Kevin Buckland & Masaki Kondo 

The yen extended its decline beyond 100 per dollar after a report showed Japanese investors became net buyers of foreign bonds, snapping the longest selling streak since January 2010.

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GLOBAL MARKETS-Asian shares pause after rally, yen at 4-yr low vs dollar

By Chikako Mogi

TOKYO (Reuters) - Japanese equities soared to a 5-1/2-year peak on Friday as the dollar's break above the symbolic 100 yen level underpinned sentiment, while Asian shares fell as global equities took a breather from recent rallies overnight.

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