"Wallstreet" Reader

"Wallstreet" Reader

Japan Debt Worries Lurk Beneath Europe

Posted: 13 Oct 2012 05:13 PM PDT

Europe's fiscal woes and America's "fiscal cliff" dominated the discussions at this week's gathering in Tokyo. But there was also a steady undercurrent of concern that risks were growing for another sovereign debt crisis for Japan.

Amazon Says E-Book Refunds May Be Coming

Posted: 13 Oct 2012 04:31 PM PDT

Digital book buyers on Saturday got the first indication that they may soon receive refunds on some e-books, the result of settlements stemming from antitrust litigation.

Regulator Cites TransCanada Over Safety

Posted: 13 Oct 2012 01:21 PM PDT

Canada's main energy regulator cited a unit of TransCanada for allegedly failing to comply with pipeline-safety regulations.

Reserve Primary's Bruce Bent Testifies of Deal Hope

Posted: 12 Oct 2012 05:53 PM PDT

Eight months before the collapse of the $62 billion Reserve Primary money-market mutual fund in 2008, its owners were exploring a sale, co-manager Bruce Bent Sr. said during his civil trial in federal court. He says he hoped a deal could be struck to avoid "breaking the buck" in the fund.

IMF Urges EU to Deploy Bailout Funds

Posted: 13 Oct 2012 10:24 AM PDT

The head of the International Monetary Fund urged euro-zone authorities to deploy bailout funds and the European Central Bank's bond-buying program, to speed efforts to address a debt crisis.

OPEC Assures Ample Oil Supply

Posted: 12 Oct 2012 11:25 PM PDT

The Organization of Petroleum Exporting Countries assured world financial leaders that the oil market will remain amply supplied and that the cartel is committed to a stable market and prices that are healthy for the fragile global economy.

Poland Weighs More Asset Sales

Posted: 13 Oct 2012 06:00 AM PDT

Poland's government may expand the scale of asset sales planned next year to launch a new investment scheme that involves leveraging privatization revenues, Deputy Treasury Minister Pawel Tamborski said.

China's Trade Surplus Widens

Posted: 12 Oct 2012 10:36 PM PDT

China's trade surplus widened in September as exports rose on improved overseas demand and imports recovered slightly, but analysts warned the healthier trade picture may not hold up over the coming months.