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Friday, October 31, 2014

Fox Business

RBS sets aside $639 million for potential fines arising from currency trading probes

55 minutes ago
Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.

After huge protests, Hungary suspends plans to tax Internet use; to revisit issue next year

56 minutes ago
Hungary's prime minister says the government will suspend a planned tax on Internet use and reconsider the matter next year.

U.S. Stocks Poised To Rally Later In Wake Of BOJ Surprise Stimulus

2 hours 9 minutes ago
U.S. stock futures continued to push higher on Friday, though pulling back slightly from a levels seen in Asia trade after the Bank of Japan shocked the market by expanding the pace of its quantitative easing.

US average pump price ready to drop below $3 a gallon first time in 4 years; cheaper than milk

2 hours 11 minutes ago
The average price of gasoline in the U.S. hit $3 a gallon Friday, and should soon drop below the benchmark for the first time since December 2010.

Q&A: Why Japan is increasing stimulus when Fed feels confident enough to withdraw it

2 hours 27 minutes ago
Japan is pumping more money into its lagging economy, expanding an already lavish stimulus effort.

Budweiser owner AB InBev: profits up 5.5 percent in third quarter despite weak volumes

2 hours 28 minutes ago
AB InBev SA, the world's largest beer maker, has reported a 5.5-percent increase in earnings for the third quarter, as higher selling prices more than made up for volume declines in Europe and Asia.

APNewsBreak: Medicare allowed payment for prescriptions up to 32 days after a person died

3 hours 25 minutes ago
A government watchdog agency says Medicare's prescription drug program kept paying for costly medications even after patients were dead.

Sony says quarterly loss balloons to $1.2 billion on smartphone woes, sticks to forecasts

3 hours 42 minutes ago
Sony Corp. says losses for July-September ballooned to 136 billion yen ($1.2 billion) as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink.

Japan stock index soars 5 percent, yen falls after BOJ announces new stimulus

4 hours 57 minutes ago
Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery.

Japan's Surprise Easing Sends Stocks, Dollar Soaring

5 hours 24 minutes ago
In an unexpected move, the Bank of Japan's policy board voted by a 5-to-4 margin to expand the pace of its quantitative easing, sending Tokyo stocks soaring and the Japanese yen falling sharply.

Wal-Mart to offer shipping on top holiday items

6 hours 25 minutes ago
Wal-Mart is doing whatever it takes to rope in holiday shoppers however they want to buy.

Police investigate reports of armed man at Boeing aircraft plant in Everett, Washington

Police in Everett, Washington, are searching buildings at the Boeing plant there as they check unconfirmed reports of a man with a weapon.

Lawsuit: Kimberly-Clark falsely advertised surgical gowns' protection against bodily fluids

A $500 million lawsuit against Kimberly-Clark Corp. alleges the company falsely claimed its surgical gowns protected against Ebola and other infectious diseases.

Japan's Massive Pension Fund To Buy More Stocks: Reports

Japan was set to announce greater stock allocations for its giant public-pension fund Friday, reports said, with the news helping boost shares.

Asia Stocks: Latest Quotes

Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 1.8% ; Hong Kong (Hang Seng Index) up 0.8% ; Shanghai (Shanghai Composite Index) up 0.3% ; Sydney (S&P/ASX 200) up 0.5% ; Seoul (Kospi) up 0.3% Taipei (Taiex) up 0.3% Copyright © 2014 MarketWatch, Inc.

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