April 30 (Bloomberg) -- China's stocks rose to a one-month high, led by banks, as higher earnings helped counter concern that government measures to quell inflation will hurt profits.

April 29 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is persuading investors that the financial markets are working again. The Standard & Poor's 500 Index gained 8.4 percent since the central bank backed the purchase of Bear Stearns Cos.

The trouble at Fannie Mae and Freddie Mac , the U.S. mortgage finance companies, may discourage sovereign wealth funds from buying dollar-denominated assets, but the euro is not likely to be the main beneficiary, according to Reuters.

In Irrational Exuberance, published in 2000, Yale economics professor Robert Shiller defines a speculative bubble as "a situation in which temporarily high prices are sustained largely by investors' enthusiasm rather than by consistent estimation of rea

BANGALORE (Reuters) - Indian shares are likely to edge down on Wednesday ahead of a U.S. Federal Reserve policy decision, with mostly lower Asian markets and renewed worries about the health of the U.S. economy also dampening sentiment.