MarketWatch - August 15, 2012
By: KOLR10 News
Updated: August 15, 2012
If you're keeping on top of the stock market today, Wednesday, August 15, 2012...
The Nikkei lost 5 points today in trading in Japan.
The Dow picked up 3 points Tuesday.
And the Nasdaq lost 6.
The British bank Standard Chartered will pay $340 million to settle charges from New York regulators that it schemed with the Iranian government to launder $250 billion.
The settlement came a day before the bank was scheduled to appear at a hearing to defend its right to continue doing business in the state.
Standard Chartered still faces federal investigations over allegations it helped iran funnel money through the U.S.
Regulators in China have given Walmart the green light to buy a majority stake in a Chinese e-commerce company.
The firm sells everything from groceries to electronics and clothing. Analysts say the deal improves Walmart's access to Chinese consumers who are doing more of their shopping on mobile devices.
And a new version of the Toyota Camry is attracting younger buyers. A top Toyota executive says the Camry was reworked for the 2012 model year to be more stylish and fun to drive. Camry sales are up almost 40 percent from January to July.
The Nikkei lost 5 points today in trading in Japan.
The Dow picked up 3 points Tuesday.
And the Nasdaq lost 6.
The British bank Standard Chartered will pay $340 million to settle charges from New York regulators that it schemed with the Iranian government to launder $250 billion.
The settlement came a day before the bank was scheduled to appear at a hearing to defend its right to continue doing business in the state.
Standard Chartered still faces federal investigations over allegations it helped iran funnel money through the U.S.
Regulators in China have given Walmart the green light to buy a majority stake in a Chinese e-commerce company.
The firm sells everything from groceries to electronics and clothing. Analysts say the deal improves Walmart's access to Chinese consumers who are doing more of their shopping on mobile devices.
And a new version of the Toyota Camry is attracting younger buyers. A top Toyota executive says the Camry was reworked for the 2012 model year to be more stylish and fun to drive. Camry sales are up almost 40 percent from January to July.
