Knight Held $7 Billion In Stocks After Glitch: WSJ
The software glitch that hit Wall Street market maker Knight Capital Group Inc. last week forced it to hold about $7 billion of stocks at one point, far more than previously known, according to a Wall Street Journal report Wednesday citing unnamed sources.
AngloGold Plans Spending Boost to Complete New Mines
AngloGold Ashanti Ltd. (AU), the world's third-biggest gold producer, said it plans to increase spending next year to bring new projects like its Tropicana mine in Western Australia closer to production.
ANZ Says No Plans To Use Asian Operations To Fund Australian Operations
Australia and New Zealand Banking Group Ltd. (ANZ.AU) funds its Australian business almost entirely through its local operations, and so doesn't intend to use deposits from its cashed-up Asian operations, Deputy Chief Executive Graham Hodges said Thursday.
AirAsia X Signs Initial Pact With ILFC to Lease 6 Airbus Jets
AirAsia X, the long-haul affiliate of Malaysian budget carrier AirAsia Bhd.
Metropolitan Bank 2Q Net Profit PHP3.096 Billion, Up 2.4%
Metropolitan Bank and Trust Co. (MBT.PH), the Philippines' second-largest lender by assets, said Thursday net profit in the second quarter rose 2.4%, with higher interest income cushioning a sharp drop in trading gains.
New Zealand July Median Home Price NZ$361,000 Vs NZ$372,000 June - Reinz
The median price of a home in New Zealand fell in July on month but remained higher than in July 2011, the Real Estate Institute of New Zealand said Thursday.
China Accelerates Railway Investment in July; Indicates Boost to Economy
China has accelerated its investment spending in the railway sector, according to data released Thursday from the Ministry of Railways, in a fresh sign that the country is carrying out more measures to overcome the persistent downward pressure on the economy.
BHP Billiton's Petrohawk Swings to Loss as Prices Fall
BHP Billiton Ltd.'s (BHP) recently acquired U.S. shale operation Petrohawk Energy Corp. has swung sharply to a loss in the first six months of the year, further pain for the resources giant after it last week said it would write down the value of another shale purchase by US$2.84 billion to reflect
China CNR Announces First High-Speed Rail Sales to Europe With Siemens Deal
China CNR Corp. (601299.SH), a government-owned railway equipment maker, said Thursday it has made a significant inroad in western export markets with its first sale of high-speed train components to a European buyer, Siemens AG (SIE.XE).
Report faults handling of bomb at federal building found after three weeks
Report criticizes handling of an explosive device found outside a Detroit federal building and kept inside for three weeks before authorities were alerted.