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China trade surplus jumps as import growth falters

YoopyaJul 10, 20120

(Reuters) – China’s June trade data on Tuesday stoked anxiety about the strength of domestic demand in the world’s second biggest economy as imports rose

Your Money: New clients, old problems for prepaid debit cards

YoopyaJul 6, 20120

(Reuters) – Chris Williams, a solidly middle-class family man, is so wary of banks and overspending, that he has become the new face of prepaid

U.S. hiring seen stuck in low gear in June

YoopyaJul 6, 20120

(Reuters) – U.S. employers likely quickened the pace of hiring last month but not enough to allay worries that Europe’s debt crisis is shifting the

Countrywide used VIP program to sway Congress: report

YoopyaJul 6, 20120

(Reuters) – A VIP mortgage program run by now-defunct Countrywide Financial Corp was used to influence lawmakers with the aim of killing legislation that could

Judge orders JPMorgan to explain withholding emails

YoopyaJul 6, 20120

(Reuters) – A U.S. judge has ordered JPMorgan Chase & Co to explain why the court should not force the bank to turn over 25

Analysis: Future unclear for Barclays investment bank arm

YoopyaJul 6, 20120

(Reuters) – Barclays investment banking boss Rich Ricci was in tears when he addressed his traders after the sudden exit of CEO Bob Diamond this

Mozambique’s June inflation steady at 2.8 pct

YoopyaJul 5, 20120

JOHANNESBURG (Reuters) – Mozambique’s inflation was unchanged at 2.8 percent year-on-year in June compared with May as the prices of food have eased over the

Economic gloom seen pushing ECB to cut rates

YoopyaJul 5, 20120

(Reuters) – The European Central Bank is widely expected to cut borrowing costs to a record low on Thursday to support a deteriorating euro zone

Diamond admits traders’ behavior “reprehensible”

YoopyaJul 5, 20120

(Reuters) – The chastened former head of Barclays apologized for the “reprehensible” behavior of his traders who fixed interest rates, but told British lawmakers on

Struggling homeowners avert foreclosure via mediation

YoopyaJul 5, 20120

(Reuters) – Verise Campbell was excited. She could finally help struggling homeowners negotiate deals with their lenders to avoid foreclosure, but the angry response to