SYDNEY(Reuters)-Japanesesharesskiddedfromatwo-monthpeakonFridayinasuddenreversalsparkedbyprofit-takingaheadofaweekendelectionthatshouldseePrimeMinisterShinzoAbegaincontroloftheupperhouseofparliament.ThereareworriesthatabigvictoryforAbewouldallowhimtoprioritizenationalistpoliciesattheexpenseofpainfulstructuralreform,thoughmarketsarehopefulsuchanoutcomewillnotmaterialize.Tokyo'sNikk...
NEWYORK(Reuters)-GovernmentdebtpricesroseandstockmarketsaroundtheworldwaveredonFridaywhendisappointingearningsresultsfromMicrosoftandGooglegaveinvestorspauseafterarecentstringofgainsthatliftedmajorU.S.equityindexestorecordlevels.Inamovethatcouldhelpsupportitseconomy,China'scentralbankremovedcontrolsonbanklendingrates,signalingthenewleadership'sdeterminationtocarryoutmarket-oriented...
WASHINGTON(Reuters)-Withasmileperiodicallyplayingacrosshisface,BenBernankealmostlookedpleasedtofacequestionsfrommembersoftheHouseofRepresentativesonWednesday,butthatmightbebecauseheknowsthatitwasforthelasttime.Duringahearingdescribedseveraltimesasmorelikeaeulogythantestimonyonmonetarypolicy,theFederalReservechiefreceivedbi-partisanthanksforhisserviceassuccessivememberssaidtheyh...