Blackrock Eyes Global Infrastructure Debt Market

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Economists downgrade forecasts for US growthComments Off

U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

Asia Stocks: Latest QuotesComments Off

Here are the latest trading levels for Asia’s major stock markets: Tokyo (Nikkei Average) down 0.3% ; Hong Kong (Hang Seng Index) flat ; Shanghai (Shanghai Composite Index) up 0.1% ; Sydney (S&P/ASX 200) up 0.3% ; Seoul (Kospi) down 0.7% Taipei (Taiex) down 0.1% Copyright © 2014 MarketWatch, Inc.

Gov. Jerry Brown signs tax bill benefiting TeslaComments Off

Gov. Jerry Brown announced Thursday that he signed legislation creating a $420 million tax credit for aerospace contractor Lockheed Martin in a bill that also includes other tax incentives apparently designed to benefit California-based electric car ma…

Australia Stocks Sagging EarlyComments Off

Australia shares nudged lower early Friday, with the S&P/ASX 200 down 0.2% to erase the previous session’s 0.2% gain, dragged by losses for European and U.S. equities on the back of a Portuguese financial crisis.

Japan Stocks Extend Slump, With Fast Down On ResultsComments Off

Japanese stocks have ended with losses in every session this week, and sure enough, the Nikkei Average was down 0.6% in early Friday trade, though off an opening 0.8% defecit, while the Topix carried a 0.7% loss.

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