JP Morgan cuts China growth forecast

CNATAIPEI--J.P. Morgan Chase & Co. on Wednesday slashed its forecast for Taiwan's gross domestic product (GDP) growth after the country's exports in April came in below expectations. The U.S. bank is now projecting Taiwan's full-year GDP growth at ...

U.S. stocks opened higher as investors awaited speeches by Federal Reserve officials for clues regarding the fate of the central bank's asset-purchase program. The Dow Jones Industrial Average gained 44 points, or 0.3%, to 15379 in early Tuesday ...

GROWING fears over the US economy unnerved investors yesterday, despite bumper profits from banking giants JP Morgan Chase and Wells Fargo. As part of a double dose of grim data, the International Monetary Fund slashed its growth forecast for the ...

SAO PAULO--Investors are too pessimistic about Brazil, and, although broad economic growth has disappointed, there are still plenty of opportunities to make money, according to J.P. Morgan Alternative Asset Management. "The sentiment pendulum has ...

J.P. Morgan Chase & Co.'s (JPM) revenue from trading stocks and bonds in the second quarter is on pace to rise 10% to 15% from a year ago, an early but bullish projection that helped lift several big U.S. bank stocks to 52-week highs on Tuesday.

Filed under: JP Morgan Chase , Market News , Banks , Scandals and Lawsuits JPMorgan is making enemies in Washington, and it's time for the Woodstock event for investors. The major averages regained all of the ground lost in Wednesday's slide.

May 29 (Bloomberg) -- Latin America is disappointing investors, economists and businesses with slower-than-forecast growth as waning commodity prices and strong currencies hit nations that failed to diversify and become more competitive. The five ...

The world's biggest smartphone maker, Samsung Electronics, have seen shares fall the most in the nine months after JPMorgan Chase cut its profit estimates. Samsung shares fell as much as 5.5% in early trade in Seoul to a four-month low of ...

In other news, Germany's March trade balance was reported as better than expected at 17.6 billion euros vs. the forecast of 16.5 billion euros. However, the data represent a drop from February's upwardly revised 17.7 billion euros. An investor group ...