Provides the latest RSS feeds for US Markets News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Los Angeles Herald.com http://www.losangelesherald.com/index.php/cat/fc5c97f166b8dbb5/ en-us Sun, 19 May 2013 23:59:41 -0400 Sun, 19 May 2013 23:59:41 -0400 30 The Australian stock market is trading higher on Monday, tracking the positive cues on Friday from Wall Street, where stocks benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official.Banking and mining stocks are leading the gainers in the Australian market. In late-morning trades, the benchmark S&P/ASX 200 Index is advancing 45 points or 0.87 percent ... http://www.losangelesherald.com/index.php/sid/214622285/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 22:43:44 -0400 http://www.losangelesherald.com/index.php/sid/214622285/scat/fc5c97f166b8dbb5 Sun May 19, 2013 9:45pm EDT (Adds details, comments, stocks on the move) SYDNEY May 20 (Reuters) - Australian shares climbed 1.1 percent on Monday in a broad rally after upbeat U.S. economic data pushed Wall Street to record highs and as stocks with large exposure to the U.S. market gained on a weaker Australian dollar. "It's a broadbased rally, the overnight news was very positive and ... http://www.losangelesherald.com/index.php/sid/214622288/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 21:45:01 -0400 http://www.losangelesherald.com/index.php/sid/214622288/scat/fc5c97f166b8dbb5 * Nikkei hits highest since Dec 2007 * Exporters lead gains * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO, May 20 (Reuters) - The Nikkei share average surged to a fresh 5-1/2 year high on Monday morning, as further weakness in the yen and signs of an improving U.S. economy bolstered prospects for higher Japanese corporate earnings in the current ... http://www.losangelesherald.com/index.php/sid/214622297/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 21:44:13 -0400 http://www.losangelesherald.com/index.php/sid/214622297/scat/fc5c97f166b8dbb5 TOKYO | Sun May 19, 2013 9:33pm EDT TOKYO May 20 (Reuters) - U.S. Treasuries were on the defensive on Monday, with the benchmark yield near a two-month peak after data late last week showed U.S. consumer sentiment rising to its highest level in nearly six years. * The yield on the 10-year notes stood at 1.954 percent , little changed from late U.S. levels last week but near the high of ... http://www.losangelesherald.com/index.php/sid/214622618/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 21:33:09 -0400 http://www.losangelesherald.com/index.php/sid/214622618/scat/fc5c97f166b8dbb5 Sun May 19, 2013 9:32pm EDT * Dollar slips from Friday's 4-1/2 year high vs yen * Asian shares firmer after Friday's Wall Street rally By Masayuki Kitano SINGAPORE, May 20 (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar ... http://www.losangelesherald.com/index.php/sid/214622294/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 21:32:34 -0400 http://www.losangelesherald.com/index.php/sid/214622294/scat/fc5c97f166b8dbb5 The Australian share market is higher as another Wall Street record buoys mining and banking stocks.IG market strategist Chris Weston says the strongest University of Michigan consumer sentiment reading since 2007 spurred the Dow Jones Industrial Average and the S&P 500 to reach fresh highs, helping Australian stocks."It's a question of a good lead from Wall Street and people buy on ... http://www.losangelesherald.com/index.php/sid/214621730/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 21:27:07 -0400 http://www.losangelesherald.com/index.php/sid/214621730/scat/fc5c97f166b8dbb5 corporate bonds despite the best rally in five years as the government notification on the reduction of withholding tax has added to confusion than clearing it. ... http://www.losangelesherald.com/index.php/sid/214621156/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 20:36:32 -0400 http://www.losangelesherald.com/index.php/sid/214621156/scat/fc5c97f166b8dbb5 Sun May 19, 2013 8:23pm EDT May 20 (Reuters) - Headlines H&M rethinks sourcing policy in wake of Bangladesh disaster () Apple faces grilling over US tax ... http://www.losangelesherald.com/index.php/sid/214621178/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 20:23:50 -0400 http://www.losangelesherald.com/index.php/sid/214621178/scat/fc5c97f166b8dbb5 SEOUL | Sun May 19, 2013 8:12pm EDT SEOUL May 20 (Reuters) - Seoul shares edged up on Monday after the rally on Wall Street boosted sentiment and helped to overcome worries about North Korea's firing of short-range missiles at the weekend. Technology heavyweights led the gains, with SK Hynix rising 2 percent and LG Electronics gaining 0.5 percent. The Korea Composite Stock Price ... http://www.losangelesherald.com/index.php/sid/214621147/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 20:12:40 -0400 http://www.losangelesherald.com/index.php/sid/214621147/scat/fc5c97f166b8dbb5 Australia The Australian dollar remains well below parity with the greenback, after positive US economic data pushed the value of its currency higher on Friday. Around 9:00am (AEST), an Aussie dollar was worth 97.42 US cents.The local currency was also fetching just under 76 euro cents, 100.25 Japanese yen and 64.23 British pence. Futures trade indicates the share market will rise today, with ... http://www.losangelesherald.com/index.php/sid/214620538/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:58:46 -0400 http://www.losangelesherald.com/index.php/sid/214620538/scat/fc5c97f166b8dbb5 Budget speech and what RBI has now launched. Here's what the Budget speech said: "...in consultation with RBI, I propose to introduce instruments that will ... http://www.losangelesherald.com/index.php/sid/214620582/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:45:23 -0400 http://www.losangelesherald.com/index.php/sid/214620582/scat/fc5c97f166b8dbb5 Sun May 19, 2013 7:39pm EDT * Yen jumps on report Japanese govt may be happy with current level * Other major currencies subdued ahead of key events this week * BOJ meeting, Bernanke's Congressional testimony in focus By Ian Chua SYDNEY, May 20 (Reuters) - The yen bounced off a 4-1/2 year low against the dollar early in Asia on Monday in the wake of reports suggesting the Japanese government ... http://www.losangelesherald.com/index.php/sid/214621607/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:39:51 -0400 http://www.losangelesherald.com/index.php/sid/214621607/scat/fc5c97f166b8dbb5 AUSTRALIAN bond futures prices are lower as more good US economic data increases speculation that the US Federal Reserve is close to winding down its economic stimulus program. On Friday (US time), both the Dow Jones Index and the S&P 500 closed at fresh all-time highs, gaining almost one per cent after it was reported the University of Michigan consumer sentiment index in May rose to its highest ... http://www.losangelesherald.com/index.php/sid/214621023/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:23:14 -0400 http://www.losangelesherald.com/index.php/sid/214621023/scat/fc5c97f166b8dbb5 TOKYO, May 20 (Reuters) - Following are orders for Japanese stocks placed through six foreign securities houses before the start of trade on Monday. Japanese Stocks: BUY 14.0 million ... http://www.losangelesherald.com/index.php/sid/214620738/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:13:53 -0400 http://www.losangelesherald.com/index.php/sid/214620738/scat/fc5c97f166b8dbb5 SYDNEY, May 20 (Reuters) - Australian shares are seen starting firmer on Monday, after better economic data in the United States pushed Wall Street to fresh record highs and as the local dollar remains below parity against the greenback. * Local share price index futures rose 0.4 percent to 5,212.0, a 31.2-point premium to the underlying S&P/ASX 200 index close. The benchmark ended 0.3 percent up ... http://www.losangelesherald.com/index.php/sid/214620539/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 19:05:46 -0400 http://www.losangelesherald.com/index.php/sid/214620539/scat/fc5c97f166b8dbb5 A plug is seen coming from the Chevrolet Volt electric car during the North American International Auto Show in Detroit, Michigan January 13, ... http://www.losangelesherald.com/index.php/sid/214619125/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 17:20:46 -0400 http://www.losangelesherald.com/index.php/sid/214619125/scat/fc5c97f166b8dbb5 Sun May 19, 2013 5:16pm EDT May 19 (Reuters) - Ryder System <R.N), a truck rental and supply chain management company, could see its shares rise as much as 20 percent, according to a Barron's report. In its May 18 edition, Barron's said Ryder can capitalize on positive mometum in the truck leasing cycle. An upswing in auto and housing sales have also helped some of Ryder's largest ... http://www.losangelesherald.com/index.php/sid/214619875/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 17:16:37 -0400 http://www.losangelesherald.com/index.php/sid/214619875/scat/fc5c97f166b8dbb5 By Donny Kwok and Lavinia Mo HONG KONG | Sun May 19, 2013 5:00pm EDT HONG KONG May 20 (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour. Wealthy Chinese used to stop over in Hong Kong ... http://www.losangelesherald.com/index.php/sid/214619153/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 17:00:00 -0400 http://www.losangelesherald.com/index.php/sid/214619153/scat/fc5c97f166b8dbb5 Sun May 19, 2013 4:55pm EDT * Underground banking network remits billions of yuan daily * Money laundering risks exacerbated by unofficial networks * Macau junkets act as pseudo banks for China capital outflows * Chinese authorities soft on enforcement, say intermediaries By James Pomfret and Matthew Miller ZHUHAI, China/HONG KONG, May 20 (Reuters) - In an underground mall just a stone's ... http://www.losangelesherald.com/index.php/sid/214619100/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 16:55:05 -0400 http://www.losangelesherald.com/index.php/sid/214619100/scat/fc5c97f166b8dbb5 SAN FRANCISCO | Sun May 19, 2013 4:32pm EDT SAN FRANCISCO May 19 (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet ... http://www.losangelesherald.com/index.php/sid/214619380/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 16:32:01 -0400 http://www.losangelesherald.com/index.php/sid/214619380/scat/fc5c97f166b8dbb5 Sun May 19, 2013 4:25pm EDT By Lisa Richwine and Andrea Burzynski May 19 (Reuters) - "Star Trek Into Darkness," the newest installment in the classic intergalactic franchise, blasted to the top of movie box office charts with $70.6 million in weekend ticket sales at theaters in the United States and Canada. The new 3D voyage for Captain Kirk and the crew of the Starship Enterprise knocked ... http://www.losangelesherald.com/index.php/sid/214619035/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 16:25:48 -0400 http://www.losangelesherald.com/index.php/sid/214619035/scat/fc5c97f166b8dbb5 Sun May 19, 2013 3:53pm EDT (Corrects 20th para to show Novak is principal secretary not deputy chief of staff) * Expenses crisis threatens to undermine government * Conservatives trailing in opinion polls * Opposition demands probe into scandal By David Ljunggren OTTAWA, May 19 (Reuters) - The top aide to Canadian Prime Minister Stephen Harper abruptly resigned on Sunday over his role in an ... http://www.losangelesherald.com/index.php/sid/214618905/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 15:53:12 -0400 http://www.losangelesherald.com/index.php/sid/214618905/scat/fc5c97f166b8dbb5 Wall Street seems destined to push to fresh highs again this week as investors continue to bet on both an improving economic outlook and a solid commitment from the US Federal Reserve to counter any weakness. On Friday, the Dow Jones industrial average rose 0.80 per cent to close at a record 15,354.40, while the Standard & Poor's 500 Index added 0.95 per cent to finish at a record ... http://www.losangelesherald.com/index.php/sid/214619005/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 15:29:16 -0400 http://www.losangelesherald.com/index.php/sid/214619005/scat/fc5c97f166b8dbb5 May 19 - Following are the top 10 movies at North American box offices for the three-day weekend starting May 17, led by "Star Trek Into Darkness" at No. 1, according to studio estimates compiled by Reuters. 1 (*) Star Trek Into Darkness.............$ 70.6 million 2 (1) Iron Man 3..........................$ 35.2 million 3 (2) The Great Gatsby....................$ 23.4 million ... http://www.losangelesherald.com/index.php/sid/214617570/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 14:12:51 -0400 http://www.losangelesherald.com/index.php/sid/214617570/scat/fc5c97f166b8dbb5 Britain's Prime Minister David Cameron (L) and the leader of the opposition Labour Party Ed Miliband leave after a service to mark the 20th anniversary of the murder of teenager Stephen Lawrence, at St Martin-in-the-Fields church in London April 22, ... http://www.losangelesherald.com/index.php/sid/214615934/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 12:18:24 -0400 http://www.losangelesherald.com/index.php/sid/214615934/scat/fc5c97f166b8dbb5 Sun May 19, 2013 11:28am EDT By Angela Moon NEW YORK May 19 (Reuters) - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May - the ... http://www.losangelesherald.com/index.php/sid/214615925/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 11:28:14 -0400 http://www.losangelesherald.com/index.php/sid/214615925/scat/fc5c97f166b8dbb5 Delwar Hossain, owner of the Tazreen Fashions garment factory, where 112 workers died in a devastating fire last month, speaks during an interview at the office of the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) in Dhaka November 29, ... http://www.losangelesherald.com/index.php/sid/214614949/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 10:36:58 -0400 http://www.losangelesherald.com/index.php/sid/214614949/scat/fc5c97f166b8dbb5 By Nadia Saleem DUBAI | Sun May 19, 2013 10:20am EDT DUBAI May 19 (Reuters) - Regional shares rallied on Sunday with markets in Kuwait and Doha breaking key psychological levels as gains in U.S. equities and oil prices spurred renewed buying to top off an underlying bullish sentiment. In Saudi Arabia, the index climbed 1 percent, extending gains to hit a one-year high. Bluechips led the ... http://www.losangelesherald.com/index.php/sid/214615370/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 10:20:01 -0400 http://www.losangelesherald.com/index.php/sid/214615370/scat/fc5c97f166b8dbb5 City of Harrisburg Mayor Linda Thompson speaks about her city's bankruptcy filing at a news conference at Harrisburg City Hall in Harrisburg, Pennsylvania, October 12, ... http://www.losangelesherald.com/index.php/sid/214614657/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 09:43:32 -0400 http://www.losangelesherald.com/index.php/sid/214614657/scat/fc5c97f166b8dbb5 SAN FRANCISCO (MarketWatch) -- Expectations are running high for Campbell Soup going into the food company's earnings report Monday ... http://www.losangelesherald.com/index.php/sid/214613822/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 08:19:31 -0400 http://www.losangelesherald.com/index.php/sid/214613822/scat/fc5c97f166b8dbb5 "The bulls don't have to try too hard because previous bearish forces are adding fuel to the fire, propelling the market higher," Wilkinson ... http://www.losangelesherald.com/index.php/sid/214613823/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 08:19:30 -0400 http://www.losangelesherald.com/index.php/sid/214613823/scat/fc5c97f166b8dbb5 Sun May 19, 2013 5:59am EDT * Spanish govt created compensation scheme to defuse scandal * Bankia expects around 150,000 people to seek arbitration * Lawyers say many people inquiring about taking cases to court By Sonya Dowsett MADRID, May 19 (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a ... http://www.losangelesherald.com/index.php/sid/214613513/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 05:59:27 -0400 http://www.losangelesherald.com/index.php/sid/214613513/scat/fc5c97f166b8dbb5 Reuters © Scotland's Finance Secretary John Swinney gestures during his draft budget address in the debating chamber of the Scottish Parliament in Edinburgh, Scotland September 20, 2012. REUTERS/David ... http://www.losangelesherald.com/index.php/sid/214612596/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 05:00:37 -0400 http://www.losangelesherald.com/index.php/sid/214612596/scat/fc5c97f166b8dbb5 KUWAIT (Reuters) - State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co ... http://www.losangelesherald.com/index.php/sid/214612051/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 03:50:21 -0400 http://www.losangelesherald.com/index.php/sid/214612051/scat/fc5c97f166b8dbb5 TOKYO | Sun May 19, 2013 2:40am EDT TOKYO May 19 (Reuters) - Toyota Motor Corp is planning to increase production of lithium-ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, the Nikkei business daily reported on Sunday. Currently, most of Toyota's hybrid vehicles use nickel-metal hydride batteries but ... http://www.losangelesherald.com/index.php/sid/214611575/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 02:40:11 -0400 http://www.losangelesherald.com/index.php/sid/214611575/scat/fc5c97f166b8dbb5 I read with interest the letter by Congressman McKinley bemoaning the jobless recovery saying that " what's happening on Wall Street is not translating to Main Street across America." So true. Since he asked "What can Congress do to help?" I'd like to make some commonsense suggestions to our representative that would help our local Main Street businesses, struggling ... http://www.losangelesherald.com/index.php/sid/214610172/scat/fc5c97f166b8dbb5 Sun, 19 May 2013 00:18:41 -0400 http://www.losangelesherald.com/index.php/sid/214610172/scat/fc5c97f166b8dbb5 The Ministry of Finance (MOF) announced Friday that it will issue 20 billion yuan (3.23 billion US dollars) in 50-year book-entry treasury bonds.The issuance marks the ministry's tenth issuance of book-entry treasury bonds this year, according to a statement posted on the MOF website.The interest rate for the bonds is fixed at 4.24 percent.Interest will be paid every half year on May 20 and ... http://www.losangelesherald.com/index.php/sid/214608821/scat/fc5c97f166b8dbb5 Sat, 18 May 2013 22:03:37 -0400 http://www.losangelesherald.com/index.php/sid/214608821/scat/fc5c97f166b8dbb5 Defense of Marriage Must Be Merged With Defense of ParenthoodBy Denise Hunnell, MDWASHINGTON, D.C., May 08, 2013 (Zenit.org) - The push to redefine marriage to include relationships between same-sex couples is a movement to abolish the sociological connection between children and their biological parents. It is a movement to destroy the nuclear family. Lesbian journalist and homosexual activist ... http://www.losangelesherald.com/index.php/sid/214608107/scat/fc5c97f166b8dbb5 Sat, 18 May 2013 19:49:58 -0400 http://www.losangelesherald.com/index.php/sid/214608107/scat/fc5c97f166b8dbb5 INDIANAPOLIS (Reuters) - Indiana has canceled subsidies for a planned $1.8 billion fertilizer plant in the state because of concerns that a Pakistani company involved in the project makes products used in improvised explosives that kill and injure U.S. troops in ... http://www.losangelesherald.com/index.php/sid/214606469/scat/fc5c97f166b8dbb5 Sat, 18 May 2013 18:13:39 -0400 http://www.losangelesherald.com/index.php/sid/214606469/scat/fc5c97f166b8dbb5 BP America in its suit - of violating Texas' environmental regulations. Texas is seeking money from "lost" tourism revenues due to the spill, as well as monies that would have been generated from state park entrance and concession fees by visitors to the coastal communities. In addition, the state is seeking civil penalties for each day the oil spilled into the Gulf, and each ... http://www.losangelesherald.com/index.php/sid/214605936/scat/fc5c97f166b8dbb5 Sat, 18 May 2013 17:23:55 -0400 http://www.losangelesherald.com/index.php/sid/214605936/scat/fc5c97f166b8dbb5 Yahoo CEO Marissa Mayer is rumored to be planning a Monday announcement, possibly of Yahoo's purchase of Tumblr for a reported $1.1 ... http://www.losangelesherald.com/index.php/sid/214605326/scat/fc5c97f166b8dbb5 Sat, 18 May 2013 16:37:40 -0400 http://www.losangelesherald.com/index.php/sid/214605326/scat/fc5c97f166b8dbb5