Chinese group to buy AIG’s plane leasing firm for up to $4.8 billion

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China May Avoid Second Bond Default, Thanks To BailoutComments Off

China may avoid its second-ever corporate bond default due to a bailout by a local government, Chinese media said Tuesday.

SEC poised to end $1 a share for some money fundsComments Off

Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.

Asia Stocks: Latest QuotesComments Off

Here are the latest trading levels for Asia’s major stock markets: Tokyo (Nikkei Average) down 0.1% ; Hong Kong (Hang Seng Index) up 0.6% ; Shanghai (Shanghai Composite Index) up 0.2% (at break) ; Sydney (S&P/ASX 200) up 0.7% ; Seoul (Kospi) flat Copyright © 2014 MarketWatch, Inc.

New CEOs urge Market Basket workers to returnComments Off

The Market Basket supermarket chain’s new co-CEOs on Tuesday urged protesting employees to go back to work, saying they are committed to continuing the company’s “tradition of excellence and dedication.” Felicia Thornton and Jim Gooch also said they sa…

Australia Stocks Head To Another Post-crisis HighComments Off

Australian stocks forged toward yet another six-year high in early Wednesday trading, with miners again leading the advance.

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