Asia shares eke out 19-month top, cautious ahead of Yellen Asia shares eke out 19-month top, cautious ahead of Yellen:- Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and Wall Street stocks. Yet caution bled […]
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Swiss voters soundly reject corporate tax overhaul Swiss voters soundly reject corporate tax overhaul:- Swiss voters clearly rejected plans to overhaul the corporate tax system, sending the government back to the drawing board as it tries to abolish ultra-low tax rates for thousands of multinational companies without triggering a mass […]
Toshiba prepares to unveil nuclear hole, other perils threaten Toshiba prepares to unveil nuclear hole, other perils threaten:- Toshiba Corp (6502.T) will on Tuesday detail a writedown of close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning investor attention to the Japanese group's efforts to […]
Yen slips after Trump-Abe meet, Asian shares firm Yen slips after Trump-Abe meet, Asian shares firm:- The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, […]
Oil prices dip as markets remain bloated despite OPEC-led cuts Oil prices dip as markets remain bloated despite OPEC-led cuts:- Oil prices dipped on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. Brent crude futures […]
Gold slips as dollar strengthens against yen post Trump-Abe meet Gold slips as dollar strengthens against yen post Trump-Abe meet:– Gold slipped on Monday as the dollar strengthened against the yen, with the greenback buoyed by a smooth meeting between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe […]
U.S. consumer sentiment falls as election euphoria fizzles U.S. consumer sentiment falls as election euphoria fizzles:- U.S. consumer sentiment eased off a 13-year high in early February likely as some of the jubilation over Donald Trump's election victory ebbed, but it remained strong enough to suggest that consumers will continue […]
After 12 years, ex-AIG chief Greenberg settles accounting fraud case After 12 years, ex-AIG chief Greenberg settles accounting fraud case:- Maurice "Hank" Greenberg, the former American International Group Inc (AIG.N) chief executive, has reached a settlement that ends his 12-year battle with the New York attorney general's office, which accused him […]
Top Federal Reserve official resigns as bank deregulation looms Top Federal Reserve official resigns as bank deregulation looms:- The Federal Reserve Board's top bank regulator said on Friday he would resign, giving a boost to President Donald Trump's plans to ease reforms put in place after the 2007-09 financial crisis. […]
Energy stocks look for catalyst out of doldrums Energy stocks look for catalyst out of doldrums:- Buoyant oil prices since Donald Trump's election have provided no lasting halo effect for energy stocks as the sector's profit rebound has lacked vigor, but that could change in the week ahead with a […]
