MGM 1Q loss balloons as costs increase

MGM Resorts International says its first quarter loss ballooned as higher costs and some one-time charges overshadowed a huge jump in sales.
MGM shares dropped 4 […]

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Japan Consumer Prices Rise as BOJ Considers Stimulus Move - Bloomberg

Japan

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Coene Says Further ECB Action for Spain Now Risks Credibility - Bloomberg

European Central Bank Governing Council member Luc Coene said immediate further measures to quell financial turmoil in Spain risk stretching the credibility of the bank

Diary of Central Banker in Despair as Orban

Andras Simor is Hungary

China

China

Korea Says No Plan to Curb Record Foreigner Bond Buying - Bloomberg

South Korea, which suffered a sudden outflow of capital in 2008, has no plans to curb record purchases of its debt by foreign funds and […]

Spring: A time for flowers, high gasoline prices

Ahh, spring. The days get longer, flowers bloom, and gasoline gets more expensive.
It’s a galling time for drivers, and it’s more maddening than usual this […]

IMF Staff Sees Potential Need for More European Aid to Greece - Bloomberg

Greece remains

iPad in Toronto: Line-ups and Jedi forces but no protestors

Before the doors of the Eaton Centre Apple store stored opened at 8 a.m., as some early birds stretched out sleeping on the tile floors, […]

French police use tear gas on steelworkers

French police fired tear gas Thursday at steelworkers worried about job losses, as they tried to force their way toward the headquarters of President Nicolas […]