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Why and how would these changes affect the way a central bank acts as lender of last resort? Can the financial markets supply all the liquidity needed by banks?

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MILWAUKEE — Harbin Electric Inc. said Monday it closed the sale of an over-allotment option for its public offering, which closed earlier this month. The Chinese maker of electric motors said it closed the sale of an additional 937,500 shares of common stock at the public offering price of $16.

Australia’s government will ask the Senate Tuesday to approve plans to produce 20 percent of energy from renewable sources by 2020 after the house rejected a proposed carbon trading scheme.

Options Trading. Options are contracts giving the purchaser the right to buy or sell a security, such as stocks, at a fixed price within a specific period of time.

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As long as this new bull market continues to pique visceral pessimism, it will run far longer than many investors would ever expect.

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A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests it in stocks, bonds, short-term money market . mutual+fund

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Correspondence between two mutual-fund firm executives has been submitted by investors’ lawyers in a case to be argued before the Supreme Court alleging excessive fund fees.

The mutual fund industry will be a shadow of its former self in just five years time, if the findings of a new study by Novarica pan out.

Top-rated Manager Quits FBR Focus Mutual Fund

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