Category: Markets Written by Serena Woods

Bank of America announced on Monday that it would sell most of its remaining holdings in China Construction Bank to a group of unidentified investors, in a deal projected to raise $1.8 billion.

Bank of America, which will retain about 1 percent of the Chinese bank’s common shares, has sold much

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Category: Markets Written by Serena Woods

The Walt Disney Company has reported a 30% year-on-year increase in profits in the three months to 1 October, although revenues from its film business fell back despite blockbusters such as the latest Pirates of the Caribbean movie.

The US media firm's overall results were boosted by a

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Category: Markets Written by Serena Woods

The strength of last year's Black Friday appears to be compelling large retailers to try to further their success by opening even earlier this year.

Retail behemoth Wal-Mart Stores Inc. (WMT) is jumping the Black Friday gun by starting its sales a day earlier, moving some of its deals to late

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Category: Markets Written by Sarah Morgan

Japan's massive currency-market intervention could result in a short-term buying opportunity, experts say.

American investors may have a short-term buying opportunity for mutual funds that invest in Japanese companies as a result of the Asian nation’s effort to weaken its currency by selling

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Category: Markets Written by Jonnelle Marte

High-yield bond funds are seeing record inflows, but experts warn the best times may have already passed.

Investors who had hid in safe havens are heading toward far riskier territory: junk bonds. But with yields on these bonds already starting to shrink, even the pros are asking: are they

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Category: Markets Written by Quentin Fottrell

Wall Street's watchdog isn't as fierce as you might think.

1. "We will never live up to your expectations."

"Occupy Wall Street" protestors aren't livid with just the financial industry. They're also mad at the people who were supposed to be policing that sector. On that score, the Securities and

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Category: Markets Written by Serena Woods

Broker-dealer MF Global Holdings (MF), the securities firm run by former New Jersey governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss.

MF Global filed its petition with the

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