Dollar crunched by cautious Fed, bonds and commodities cheer Dollar crunched by cautious Fed, bonds and commodities cheer:- The dollar nursed painful losses in Asia on Thursday while sovereign bonds savored their biggest rally in nine months after the Federal Reserve hiked interest rates, as expected, but signaled no pick-up […]
United States
Fed raises rates as job gains, firming inflation stoke confidence Fed raises rates as job gains, firming inflation stoke confidence:- The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation […]
Toshiba shares slide as crisis deepens, fate of Westinghouse unclear Shares in Toshiba Corp tumbled on Wednesday after it said it would consider a sale of Westinghouse but did not offer any clarity on whether it would proceed with a Chapter 11 filing for the U.S. nuclear unit – a […]
Asian stocks slip, Fed's decision day makes investors wary Asian stocks slip, Fed's decision day makes investors wary:- Asian stocks slipped on Wednesday as investors took profits before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with […]
Toshiba asks for second third-quarter extension, expands Westinghouse probe Japan's Toshiba Corp said it has asked regulators to extend its Tuesday deadline for official third-quarter earnings for a month, as its expands a probe into problems at its U.S. nuclear unit Westinghouse. Requesting its second extension, the company said its […]
Jailed Samsung chief can get plenty of visitors, may still play a corporate role The head of South Korea's Samsung Group [SAGR.UL], Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate […]
Sterling slips as Brexit talks get green light, stocks advance before Fed Sterling slips as Brexit talks get green light, stocks advance before Fed:- Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced […]
Intel's $15 billion purchase of Mobileye shakes up driverless car sector Intel's $15 billion purchase of Mobileye shakes up driverless car sector:- Intel Corp (INTC.O) agreed to buy Israeli autonomous vehicle technology firm Mobileye (MBLY.N) for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into […]
Fed, in shift, may move to faster pace of rate hikes Fed, in shift, may move to faster pace of rate hikes:- The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently than it and markets expected, may be […]
Iraq says no evidence of chemical weapons attacks in Mosul Iraq says no evidence of chemical weapons attacks in Mosul:– Iraqi U.N. Ambassador Mohamed Ali Alhakim said on Friday there was "no evidence" that Islamic State had used chemical weapons in Mosul, where the militants are fighting off an offensive by U.S.-backed […]
