Asian stocks rose, with the regional benchmark index extending its rally to a six-month high, as phone carriers and electronics manufacturers advanced.
Bank Julius Baer & Co. is buying emerging Asian stocks most tied to the global economy for the first time since January, betting steelmakers and shipbuilders will surge 25 percent in the next year as growth rebounds.
Thirteen Swiss banks face rising stakes in their own criminal probes after Credit Suisse Group AG set a new standard for punishment in the U.S. crackdown on offshore tax evasion.
Asian stocks rose, with the regional benchmark index ending at a one-week high, as investors weighed corporate earnings before the release of U.S. non-farm payrolls.
President Barack Obama needs someone who can manage 90,000 employees, handle a hostile Congress and file impeccable personal tax returns.
It isn’t just an IRS official pleading the Fifth Amendment that’s slowing efforts to uncover the facts behind the Internal Revenue Service scandal. It’s Section 6103.
"The reward does not justify the risk any longer with high-yield bonds in U.S. and Europe at these levels."
- Mark Matthews on Aug 04, 2014