Market News

British Pound Rises on Scotland Survey

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The British pound rose against the dollar after a postelection survey of Scottish voters showed them leaning toward staying in the U.K.

Lenders Turning to High-Interest Personal Loans

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In a bid to boost revenue squeezed by new regulations, lenders are turning to high-interest personal loans, a market in which they face stiff competition from upstart rivals.

Alibaba's IPO Priced at $68 a Share

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Alibaba's shares priced Thursday at $68, at the high end of expectations, in what is one of the world's largest initial public offerings ever.

Oil-Price Quirk Sends Crude Out to Sea

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Big oil companies and traders are stashing millions of barrels of crude on massive tankers bobbing in the ocean, in a bid to profit from a quirk in oil markets.

DJIA, S&P 500 Rise to New Highs

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The Dow industrials and S&P 500 rallied to all-time highs Thursday as investors were heartened by signals from the Federal Reserve that it remains on a measured course to eventually raise interest rates.

Fed Acts Against Santander U.S. Unit

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The Federal Reserve took enforcement action against Santander's U.S. unit, saying one of the Spanish bank's subsidiaries paid a dividend without permission even though the Fed had barred it from doing so.

A Full Night's Sleep Can Really Pay Off

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Being well rested can make people more productive and valuable at work, as well as smarter in their investing, research suggests.

Falling Yen Is Weaker Tonic for Japan

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Japan is getting less bang from the rising buck. That is the message investors are sending after a month in which the yen slipped to a six-year low against the dollar.

Chinese Property Investors Bet Big Overseas

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A growing number of Chinese developers are launching big projects in Western cities, such as the planned $1.63 billion transformation of an abandoned dock in London into a business park.

Demand for ECB Loans Disappoints

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The European Central Bank's first offering of cheap, four-year loans to eurozone banks failed to generate as much interest as expected.

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