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Asia stocks rise, yen steady but outlook unclear (Reuters)
09-09-2010 16h12Reuters - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.
Economists cut U.S. growth forecast again (Reuters)
09-09-2010 13h17Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.
U.S. slips in WEF's competitiveness rankings (Reuters)
09-09-2010 15h47Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.
Australia regulator blocks NAB's $12 billion AXA unit bid (Reuters)
09-09-2010 14h37Reuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.
Goldman Sachs fined $30.9 million in UK: report (Reuters)
09-09-2010 14h46Reuters - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.
FTSE 100 closes higher (AFP)
09-09-2010 01h24AFP - London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak.
Obama seeks to mend frayed bond with voters (AFP)
09-09-2010 07h02AFP - US President Barack Obama Wednesday admitted some of his policies were unpopular and had not revived the economy quickly enough, but sought to rekindle his frayed bond with American voters.
Spartech posts fiscal 3Q loss, misses expectations (AP)
09-09-2010 08h24AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.
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