Reuters: Financial Services and Real Estate

Kaisa's bonds jump after trading halt in Sunac shares

Fri, 30 Jan 2015 01:38:20 GMT

HONG KONG, Jan 30 (Reuters) - Bonds of troubled China property developer Kaisa Group jumped by as much as four points after rival Sunac China Holdings, which has been named in media reports as a...

CORRECTED-UPDATE 3-Visa reports better-than-expected profit

Fri, 30 Jan 2015 01:15:25 GMT

Jan 29 (Reuters) - Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job...

As trial looms, ex-AIG chief Greenberg tells New York to drop case

Fri, 30 Jan 2015 00:35:56 GMT

NEW YORK, Jan 29 (Reuters) - With a scheduled trial just four weeks away, the former chairman of American International Group Inc said New York's attorney general should abandon his nearly decade-old...

UPDATE 3-Cheaper gasoline helps Visa report better-than-expected profit

Thu, 29 Jan 2015 23:33:16 GMT

* Shares rise 4 pct after the bell (Adds CEO, CFO comments)

Some investors still gaga for Alibaba despite revenue miss

Thu, 29 Jan 2015 23:28:30 GMT

NEW YORK, Jan 29 (Reuters) - Alibaba Group's surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its...

UPDATE 2-U.S. lawmakers seek to end restrictions on travel to Cuba

Thu, 29 Jan 2015 23:09:02 GMT

WASHINGTON, Jan 29 (Reuters) - Eight Republican and Democratic U.S. senators introduced legislation on Thursday to repeal all restrictions on U.S. citizens' travel to Cuba, the first step in Congress...

Ex-controller of Connecticut hedge fund pleads guilty over theft

Thu, 29 Jan 2015 23:00:38 GMT

Jan 29 (Reuters) - The former controller of Contrarian Capital Management LLC pleaded guilty on Thursday to one count of wire fraud stemming from his embezzlement of more than $9 million from the...

Australia shares seen higher on Wall Street, Australian dollar

Thu, 29 Jan 2015 22:35:09 GMT

SYDNEY, Jan 30 (Reuters) - Australian shares are likely to open higher on Friday led by a late rally on Wall Street boosted by an 9 percent rise in Amazon's stock. The declining Australian dollar is...

Macquarie in talks to buy Jefferies' futures arm - sources

Thu, 29 Jan 2015 22:32:07 GMT

MELBOURNE/NEW YORK, Jan 29 (Reuters) - Macquarie Group Ltd is in talks to buy Jefferies Group LLC's commodities and financial derivatives brokerage, three sources said, as the Australian bank...

UPDATE 1-U.S. Senate banking chair says interested in Fed audit

Thu, 29 Jan 2015 21:38:04 GMT

WASHINGTON, Jan 29 (Reuters) - The new Republican chairman of the U.S. Senate Banking Committee said on Thursday he was "very interested" in requiring a government audit of the Federal Reserve and...

Chubb operating profit rises 3.4 pct as premium income increases

Thu, 29 Jan 2015 21:36:47 GMT

Jan 29 (Reuters) - Property and casualty insurer Chubb Corp's quarterly operating profit rose 3.4 percent as premium income increased.

COLUMN-Alibaba combines China and hot stock risks: James Saft

Thu, 29 Jan 2015 21:34:46 GMT

Jan 29 (Reuters) - If the political risk of Alibaba isn't enough for you, maybe the very considerable execution risk will be.

Visa's quarterly profit rises 11.5 pct

Thu, 29 Jan 2015 21:09:20 GMT

Jan 29 (Reuters) - Visa Inc, the world's largest credit and debit card company, reported an 11.5 percent rise in quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline...

UPDATE 1-U.S. homeownership hits 20-year low, but new households growing

Thu, 29 Jan 2015 19:19:05 GMT

WASHINGTON, Jan 29 (Reuters) - U.S. homeownership fell to a 20-year low in the fourth quarter, but a sharp rebound in the rate at which Americans are setting up home is expected to help drive a...

UPDATE 2-Lagardere enters race for Benetton's World Duty Free - sources

Thu, 29 Jan 2015 19:14:19 GMT

* Dufry seen as strong contender - sources (Adds comment from Edizione Holding para 7)

Obama would veto bill for congressional approval of Iran deal -spokesman

Thu, 29 Jan 2015 18:58:49 GMT

WASHINGTON, Jan 29 (Reuters) - U.S. President Barack Obama would veto a bill crafted by U.S. Republican Senators Lindsey Graham and Bob Corker that would require the administration to receive...

Greece says it has no plans to act against all-inclusive resorts

Thu, 29 Jan 2015 18:30:48 GMT

ATHENS, Jan 29 (Reuters) - Greece's tourism minister promised on Thursday Athens had no plans to curb all-inclusive resorts on its sun-drenched islands, after suggestions new Prime Minister Alexis...

UPDATE 2-Blackstone seeks energy investments as Q4 profit falls

Thu, 29 Jan 2015 17:45:55 GMT

* Total assets under management of $290.4 bln as of end of December

European shares knocked as oil slide hits earnings

Thu, 29 Jan 2015 17:35:43 GMT

* Vallourec warns of impairment, shares fall (Updates with closing prices)

COLUMN-College is not just for the young

Thu, 29 Jan 2015 17:25:56 GMT

CHICAGO, Jan 29 (Reuters) - Stanford University welcomed 25 unusual students onto its campus this month - all in their 50s and 60s.