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Report: Feds conducting big insider trading probe

NEW YORK – Federal authorities are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, The Wall Street Journal reported on Saturday, citing people familiar with the matter.   The three-year criminal and civil investigation could result in charges by the end of the year, […]

China should tighten its monetary policy: central bank advisor

Sun Nov 21, 2010 BEIJING (Reuters) – China should tighten monetary policy to staunch liquidity, and more measures should follow next year, an advisor to the central bank said in remarks published late on Saturday. “We need to find ways to drain excessive liquidity, and adopt a suitably tightened and prudent monetary […]

Black Friday focus of investors

By Caroline Valetkevitch NEW YORK (Reuters) – Expectations about Black Friday, when Americans traditionally get serious about holiday shopping, could sway stocks next week if it looks like the economy will get a pop from consumer spending.   The outcome of talks to shape a bailout for Ireland could also […]