MACQUARIE Group's profit will return to more than $1 billion this year, but its shares slumped yesterday after an earnings update fell short of expectations, suggesting the investment bank is failing to fully capture the recovery in the global economy. Chief executive Nicholas Moore

Feb. 9 (Bloomberg) -- Japanese stocks fell, driving the Nikkei 225 Stock Average down 10 percent from its peak in January, on renewed concern ballooning budget deficits will worsen Europe’s economy. The Nikkei 225 Stock Average declined 0.5 percent to 9,905.57 as of 9:08 a.m. in Tokyo.

Both nations “deserve to keep the Aaa rating” and “the likelihood of a default is so small, particularly in the U.S. because all we do is print money to pay it back,” he said in response to questions after a speech in London yesterday. “The notion of a default is so absurd, it’s

Feb. 9 (Bloomberg) -- Australian stocks and Japan’s futures declined on renewed concern ballooning budget deficits will worsen Europe’s economy. “Investors are concerned budget deficits will trigger a slowdown in Europe’s economy and that will spread worldwide,” said Fumiyuki