Asia stocks steady amid lack of cues, China gains Asia stocks steady amid lack of cues, China gains:- Asian stocks held ground on Tuesday though Chinese equities surged to a fresh two-month high as domestic funds piled into financial counters on expectations the world's second biggest economy may have turned […]

Mexico central bank faces complex environment Mexico central bank faces complex environment:- Mexico's central bank faces difficult decisions as it balances a spike in inflation against an expected economic slowdown, Deputy Governor Alejandro Diaz de Leon said on Monday. "We are in an especially complex environment," Diaz de Leon told […]

GM shares could climb 35 percent if it sells Opel GM shares could climb 35 percent if it sells Opel:- General Motors Co (GM.N) shares could climb by as much as 35 percent if it succeeds in selling its European Opel brand and focuses on its healthier markets, Barron's said […]

Cleveland Fed chief comfortable raising rates if economy keeps performing Cleveland Fed chief comfortable raising rates if economy keeps performing:- Cleveland Federal Reserve President Loretta Mester said on Monday she would be comfortable raising interest rates at this point if the economy maintained its current pace of performance. In a speech in […]

Asia shares adrift for U.S. holiday, focus on Unilever Asia shares adrift for U.S. holiday, focus on Unilever:- Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events. […]

Kraft walks away from friendly bid for Unilever Kraft walks away from friendly bid for Unilever:- U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft will turn its focus to another […]