Asia shares listless but China, Japan rise on dollar’s gain HONG KONG (AP) — Shares in Japan and China rose Monday as the dollar’s strength lifted the outlook for their exporters but other Asian shares were listless as investors increasingly factored in a December Fed rate cut. KEEPING SCORE: Japan’s […]
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Asia shares shaky as Trump bets keep emerging markets under pressure Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. bond yields since Donald Trump’s election to president could accelerate fund outflows from the region back to U.S. […]
Trump’s Vow to Revive Coal Country Is Met With Measured Hope The hard-eyed view along the Tug Fork River in West Virginia coal country is that President-elect Donald Trump has something to prove: that he’ll help bring back Appalachian mining, as he promised time and again on the campaign trail. […]
Self-Driving Cars Will Soon Hit the Streets of Boston Cambridge, Mass.-based self-driving car startup nuTonomy will begin to test its vehicles in the city by the end of the year, the company said on Monday. The startup, which spun out of MIT, started testing its cars in Singapore in August, […]
Trump’s win might blow up the Federal Reserve’s plans for next year Donald Trump’s presidential victory has tossed new uncertainties into the carefully crafted plans of the Federal Reserve, complicating what was meant to be a slow-but-steady course to raise interest rates from historically low levels. The Fed still appears […]
Businesses Coming to Terms With a Trump Presidency Businesses Coming to Terms With a Trump Presidency:- The prospect of a Donald Trump presidency unnerves businesspeople and economists who see him as a reckless novice who might disrupt trade and a struggling global economy. Financial markets sank Wednesday as Trump declared victory […]
Texas oil company announces big offshore Alaska discovery Texas oil company announces big offshore Alaska discovery : A Texas petroleum drilling company announced Tuesday it has made a large-scale oil discovery off Alaska’s North Slope. Dallas-based Caelus Energy Alaska LLC announced a find of 6 billion barrels of light oil […]
Wells Fargo faces scrutiny over lack of sales scandal disclosure Wells Fargo faces scrutiny over lack of sales scandal disclosure : A phantom account scandal at Wells Fargo has put the U.S. bank’s disclosure policies under a harsh spotlight. Despite press reports that a federal regulator and the Los Angeles […]
