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A derivatives committee ruled on Monday that a bankruptcy credit event had not occurred in relation to Credit Suisse, quashing investors' efforts to trigger a payout on credit insurance linked to the Swiss lender. ....
Indian shares erased early gains on Friday as investors booked profits on the back of a recent rally, while data overnight indicating a still-tight U.S. labour market dampened hopes of rate cuts this year. ....
Wall Street's main indexes erased early gains on Friday as U.S. debt ceiling talks between the White House and House Republican lawmakers were paused, dampening hopes that a deal could be reached soon to avoid a calamitous default. ....
Investors pumped $25.1 billion into cash in the week to Wednesday, but the flow into cash funds has slowed recently, reflecting a greater degree of investor confidence, according to a report from BofA Global Research on Friday. ....
Indian shares advanced on Thursday, in tandem with their Asian peers, amid indications that the United States was close to a deal to raise its debt ceiling. ....