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2016-07-13

London Markets: FTSE 100 pulled lower as housing, oil shares lose ground

U.K. stocks were down, with home builders back under pressure, but investors were lifting shares of luxury-goods maker Burberry.

posted 2016/07/13 by MarketWatch.com - Top Stories

World’s largest money manager warns Brexit is pushing U.K. into recession

BlackRock joins the chorus of strategists warning the U.K. is slipping into recession, saying the vote to leave the European Union is increasing uncertainty and set to significantly reduce investment in the country.

posted 2016/07/13 by MarketWatch.com - Top Stories

Asia Markets: Asian markets gain, but off highs after Japan says no ‘helicopter money’ coming

Asian equity markets stage further gains on Wednesday, boosted by expectations that Japan may consider an aggressive form of policy easing, but those gains moderate after Japan denies the possibility of using “helicopter money.”

posted 2016/07/13 by MarketWatch.com - Top Stories

Matthew Lynn's London Eye: The 5 things Theresa May should do as Britain’s new prime minister

Matthew Lynn says Theresa May should do these five things as she takes over as British prime minister today.

posted 2016/07/13 by MarketWatch.com - Top Stories

Currencies: Dollar slips after Japan rules out ‘helicopter money’

Japan’s Chief Cabinet Secretary Yoshihide Suga denied a local media report that said aides to Prime Minister Shinzo Abe are considering “helicopter money” as a possible policy measure.

posted 2016/07/13 by MarketWatch.com - Top Stories

Futures Movers: Crude prices back off ahead of possible supply rise

Oil prices back off as investors fear supply data this week out of the U.S. may show inventory rises.

posted 2016/07/13 by MarketWatch.com - Top Stories

The Wall Street Journal: South Korean Volkswagen exec indicted over emissions scandal

An executive at Volkswagen AG’s South Korean unit has been indicted on charges of submitting manipulated emissions data to authorities and violating an air-quality law.

posted 2016/07/13 by MarketWatch.com - Top Stories

The Wall Street Journal: Large Valeant stakeholder dumps all of its shares

A mutual fund hurt by a large bet on Valeant Pharmaceuticals International Inc. relinquished its stake in the drugmaker over the last quarter, according to a new investor letter.

posted 2016/07/13 by MarketWatch.com - Top Stories

The Wall Street Journal: Fed’s Mester says it’s too soon to judge Brexit’s impact on U.S.

Federal Reserve Bank of Cleveland President Loretta Mester reiterated Tuesday her belief that the outcome of the Brexit vote has increased uncertainty about the economic outlook, while adding the U.S. central bank has breathing room to decide what’s next for…

posted 2016/07/13 by MarketWatch.com - Top Stories

The Wall Street Journal: How an unprofitable ticket business allegedly drained star athletes of $30 million

Financial adviser allegedly siphoned millions from clients’ accounts

posted 2016/07/13 by MarketWatch.com - Top Stories

The Wall Street Journal: Robots have their eyes on food service, manufacturing jobs

New study find humans safer in health care, education jobs

posted 2016/07/13 by MarketWatch.com - Top Stories

The New York Post: Yelp exec killed in Grand Canyon fall

A Florida Yelp executive accidentally plunged to her death after stepping out of the way for a man on a popular hiking trail in the Grand Canyon in Arizona.

posted 2016/07/13 by MarketWatch.com - Top Stories

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