New Star Wars trilogy raises hopes after Disney results miss target New Star Wars trilogy raises hopes after Disney results miss target: The force of “Star Wars” lifted Walt Disney Co (DIS.N) shares on Thursday as the promise of a new film trilogy overshadowed disappointing quarterly results and struggles at […]
Asian Stocks slip as U.S. tax doubts snap global winning streak Asian Stocks slip as U.S. tax doubts snap global winning streak: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent. Japan’s Nikkei .N225 lost 1.1 percent, slipping off Thursday’s 21-year high after almost relentless 16-percent rally […]
China lifts foreign ownership limits on financial firms China lifts foreign ownership limits on financial firms: The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant’s financial services market. The […]
Obamacare enrollment soars in first four days Obamacare enrollment soars in first four days: More than 600,000 people signed up for Obamacare in the first four days of open enrollment, far outpacing last year’s rate. Nearly a quarter were enrolling for the first time, while the rest renewed coverage, according […]
America global influence has dwindled under Donald Trump America global influence has dwindled under Donald Trump: A presidential tour of Asia cannot hide the fact that America has turned inward, hurting itself and the world. A YEAR ago this week Donald Trump was elected president. Many people predicted that American […]
TPP countries to discuss agreement in principle on trade deal TPP countries to discuss agreement in principle on trade deal: The remaining 11 countries in the Trans Pacific Partnership (TPP) trade deal will discuss a proposal for an agreement in principle to proceed after the withdrawal of the United States, […]
Boeing signs China deals worth $37 billion Boeing signs China deals worth $37 billion: Boeing signed $37 billion in commercial deals in China as part of a trade mission traveling with United States President Donald Trump during his state visit to Beijing, Chinese state TV reported on Thursday. U.S. and […]
Asia stocks near decade highs on buoyant Wall Street kiwi rallies Asia stocks near decade highs on buoyant Wall Street kiwi rallies: Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the […]
Oil markets stable but doubts over recent bull run emerge Oil markets stable but doubts over recent bull run emerge: However, traders said a price rally that has pushed up Brent crude by over 40 percent since July may have run its course due to increases in U.S. supplies and […]
Sky high stock market has investors looking to commodities Sky high stock market has investors looking to commodities: Low interest rates, solid economic growth across the globe and rising corporate earnings have hoisted the S&P 500 .SPX 16 percent this year. It reached an all-time high on Tuesday. By contrast […]