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Wall Street marks best week in a year

Wall Street closed out its best week in a year on Friday, snapping back from a long stretch of selling, as investors looked ahead to what many expect will be a solid earnings season. Stocks ended near the day's highs, but trading was thin.…

European banks focus on raising capital

European finance ministers will shift their focus next week onto a possible need for banks to raise more capital and on who will cover any shortfalls exposed by stress tests -- a sum which Credit Suisse estimated could reach 90 billion…

Oil to prices to up 5% on US demand

Oil rose 0.6 percent on Friday, heading for its biggest weekly gain since May, after data showed robust U.S. demand growth and falling inventories, while positive economic indicators lifted sentiment across markets. Asian stocks rallied…

Asian stocks rise on US data

Asian stocks rallied for a second day and the euro held near two-month highs on Friday, supported on positive U.S. data and after the European Central Bank's offered upbeat view of the euro zone's recovery. The MSCI index of Asia Pacific…