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The world financial crisis causes us to pause and reconsider many of the things we quietly accepted over the past years. The news here is intended to help us as we seek to stabilize our governments, our businesses and our personal financial lives.
Jim Wes News >> FINANCE NEWS July 03, 2015 members login here
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PRESS DIGEST - Wall Street Journal - July 2
Reuters - 7/2/2015
July 2 * The shutdown of Greece's banking system is crippling businesses and making it hard for people to pay their bills. The freezing of Greece's banking system is the most dramatic moment of the
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Stock debacle casts shadow over China home sales
South China Morning Post - 20 Hours ago
Mainland property developers sold more flats last month but the recent stock tumble has added uncertainties to sales outlook for the second half, according to a research report by Jefferies Hong Kong.
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ASX rallies for third straight day
Sydney Morning Herald - 22 Hours ago
The bulls were running on the Australian sharemarket on Thursday, continuing a three-day rally which seems to be shrugging off global macroeconomic uncertainty and supporting the banks' continuing recovery.
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Hong Kong casino stocks jump on relaxed visa rules
South China Morning Post - 7/2/2015
Macau casinos finally won a round on the Hong Kong stock exchange Thursday morning, rebounding energetically on the hope of increased business after a relaxation in visa rules for mainland Chinese tourists.
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IMF chief Lagarde says Greece needs to reform economy before debt relief
South China Morning Post - 7/2/2015
One day after Greece became the first developed economy to default on a loan with the International Monetary Fund, the head of the international lender on Wednesday suggested Greece should move to reform
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Nine stocks to buy in July
Melbourne Age - 7/2/2015
The problems in the eurozone are dominating global market consciousness, and the risk that the deepening crisis will push markets down in coming weeks means it's a good time to seize some discounted stocks,
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Markets Live: PacBrands on a High
Sydney Morning Herald - 7/2/2015
From 14/10/14 the ASX very closely followed the track set by the ASX from 14/10/13. Then in late Jan 15 the ECB started its 10bn a month stimulus and our market took off and was then helped by 2 interest
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Wall Street ends higher, but energy stocks fall
Economic Times - 7/2/2015
U.S stocks closed higher on Wednesday but were down from earlier highs as energy stocks declined and Greece's debt crisis showed no clear signs of resolution. The benchmark S&P 500's energy sector was
Wall Street ends higher but energy stocks fall and Greece hopes waver Hindu Business Line
US: Wall St ends higher but energy stocks fall and Greece hopes waiver Business Times Singapore
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Chinese stocks extend slump as Beijing policy stimulus fails to inspire
South China Morning Post - 7/2/2015
Mainland Chinese stocks extended their losing streak at the start of trading on Thursday, shrugging off news the China Securities Regulatory Commission relaxed margin-trading rules to encourage investors
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Wall Street, global stocks climb on signs Greek crisis may be resolved
South China Morning Post - 7/2/2015
Stocks worldwide rose on Wednesday on signs a resolution of Greece’s debt crisis appeared in hand, but US stocks later dropped from earlier levels after the prime minister called on Greeks to reject a
Global Markets: Stocks rally ebbs as Greek PM urges 'No' vote GMA News Online
Stocks rally ebbs as Greek PM urges '... The Fiscal Times
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US STOCKS SNAPSHOT-Wall St rises, but Greece still weighs
Reuters - 7/1/2015
NEW YORK, July 1 The Dow Jones industrial average rose 139.53 points, or 0.79 percent, at 17,759.04. The Standard & Poor's 500 Index was up 14.42 points, or 0.70 percent, at 2,077.53. The Nasdaq Composite
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TEST TEST TEST TEST TEST TEST
Reuters - 7/1/2015
Trending On Reuters Reuters Reuters.com More from Reuters Support & Contact Account Information Connect with Reuters About Thomson Reuters is the world's largest international multimedia
US STOCKS-Wall St higher on Greece hopes, strong US data Reuters
BRIEF-Guilin Layn Natural Ingredients scraps share issue plan Reuters
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US STOCKS-Wall St trims gains; energy stocks fall, Greece hopes fade
Reuters UK - 7/1/2015
* Euro zone finance ministers put off Greece talks * U.S. private sector adds most jobs since December * Energy stocks down * Chubb jumps after ACE's buyout offer * Indexes up: Dow 0.55 pct, S&P
Wall St. rises, but Greece still weighs Reuters UK
Wall St. trims gains; energy stocks fall,... The Fiscal Times
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UPDATE 2-U.S. SEC says Connecticut firm inflated hedge fund valuations
CNBC - 7/1/2015
(Adds statements from AlphaBridge and founder's lawyer, adds details about fourth defendant, paragraphs 9-12) July 1 (Reuters) - AlphaBridge Capital Management LLC and its owners will pay $5
U.S. SEC says Connecticut firm inflated hedge fund valuations Yahoo! Finance
UPDATE 1-SEC says Connecticut firm inflated hedge fund valuations Reuters
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U.S. SEC to propose rules requiring clawbacks after company restatements
Reuters - 7/1/2015
WASHINGTON, July 1 The Securities and Exchange Commission's plan is expected to spark debate among the agency's five members, with some saying it goes too far and should not be applied to smaller-sized
SEC proposes rules requiring clawbacks after company restatements Reuters
UPDATE 1-U.S. SEC proposes rules requiring clawbacks after company restatements Reuters UK
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Wall St. rises sharply on renewed Greece hopes
Reuters India - 7/1/2015
U.S. stocks rose sharply in early trading on Wednesday after Greek Prime Minister Alexis Tsipras signaled he was prepared to accept creditors' bailout offer with some conditions. The Dow Jones Industrial
US stocks: Wall street rises sharply on renewed Greece hopes Financial Express
US STOCKS-Wall St rises sharply on renewed Greece hopes Capital Bay
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China's stock exchanges to lower securities transaction fees -Xinhua
Reuters - 7/1/2015
HONG KONG, July 1 Xinhua did not immediately provide any further details. Earlier on Wednesday, China stocks tumbled, surrendering much of Tuesday's sharp gains, as investors took advantage of the
China’s stock exchanges to lower securities transaction fees after sharp falls in South China Morning Post
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US STOCKS-Wall St set to open higher on renewed Greece hopes
Reuters - 7/1/2015
* U.S. private sector adds most jobs since December - ADP * Greek PM Tsipras agrees to bailout terms with exceptions * EU finance ministers to meet at 11:30 ET to discuss Greece * June manufacturing
Wall St. opens higher on Greece deal hopes Yahoo! Maktoob News
Wall St set to open higher on renewed Greece hopes Sharenet
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China June factory, services surveys fuel hopes economy leveling out
Reuters Canada - 7/1/2015
By Kevin Yao BEIJING (Reuters) - Activity in China's factory sector expanded slightly in June though not as much as expected, while growth in the services sector sped up, official surveys showed,
China June factory, services surveys add to hopes economy may be leveling off People.com.cn
China June factory activity shrinks at slower pace China Daily Asia
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BRIEF-WDB Brokerzy Ubezpieczeniowi to pay FY 2014 dividend of 0.1 zloty/shr
Reuters - 7/1/2015
July 1 * Shareholders resolve to pay FY 2014 dividend of 0.1 zloty per share or total value of 2 million zlotys ($530,152) * FY 2014 dividend will be paid in two tranches of 0.07 zloty per share and
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BRIEF-Jurajski Dom Brokerski changes name to Silesia One SA
Reuters - 7/1/2015
Jurajski Dom Brokerski SA : * Said on Tuesday it changed its name to Silesia One SA Source text for Eikon: Further company coverage: (Gdynia Newsroom)
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UPDATE 2-China June factory, services surveys fuel hopes economy leveling out, no
Reuters - 7/1/2015
* June official factory PMI at 50.2, vs 50.2 in May * New orders sub-index at 50.1, vs May's 50.6 * June official services PMI at 53.8, vs 53.2 in May * Both PMIs add to signs of steadying in economy
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Deloitte To Pay $1 Mln To Resolve SEC Auditor Independence Rule Charges
Malaysian Digest - 7/2/2015
:03 View Comments . WASHINGTON: Deloitte & Touche LLP will pay more than $1 million to settle charges that it violated auditor independence rules, after its consulting arm maintained a relationship
Deloitte to pay $1 mln to resolve SEC auditor independence rule charges Reuters Yahoo! Finance
UPDATE 2-Deloitte to pay $1 mln to resolve SEC auditor independence rule charges Reuters
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US STOCKS SNAPSHOT-Wall St rises but ends lower for June
CNBC - 6/30/2015
NEW YORK, June 30 (Reuters) - U.S. stocks finished up after a choppy trading day on Tuesday as investors held out hope for a deal to keep Greece in the euro, though major indexes ended lower for the month.
Wall St. ends up on Greek hopes ahead of debt deadline Reuters India
Wall St. rises but ends lower for June Today Online
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Financier Lynn Tilton fails to block SEC fraud case
Reuters - 6/30/2015
NEW YORK U.S. District Judge Ronnie Abrams in Manhattan dismissed Tilton's lawsuit against the SEC, saying the head of Patriarch Partners lacked power to stop the agency from pursuing its case against
UPDATE 1-Financier Lynn Tilton fails to block SEC fraud case Reuters
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