Reuters – Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support.
AP – U.S. securities regulators say their first annual review of the nation’s credit rating agencies finds the companies aren’t doing enough to protect their own financial integrity.
AP – Stocks fell on Friday as optimism over Germany’s approval for a beefed-up European rescue fund faded and investors closed trades ahead of the end of the fiscal quarter, which has seen the biggest losses since 2008, when the world was heading into its deepest recession since World War 2.
Reuters – The Singapore Exchange Ltd is tying up with London’s main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world’s largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).
Reuters – The Justice Department is investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges, said an official with the Securities and Exchange Commission, suggesting criminal charges may be brought in addition to civil proceedings.
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