Mnuchin says dollar strength reflects confidence in U.S. economy Mnuchin says dollar strength reflects confidence in U.S. economy:- U.S. Treasury Secretary Steven Mnuchin on Wednesday praised the strong dollar as a reflection of confidence in the U.S. economy, telling The Wall Street Journal in an interview that it was "a […]
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Trump to seek jobs advice from firms that offshore U.S. work Trump to seek jobs advice from firms that offshore U.S. work:- President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off […]
Asia stocks ease, dollar steadies after Fed-led losses Asia stocks ease, dollar steadies after Fed-led losses:- Asian stocks eased from a 19-month high on Thursday, while the dollar made an uneven recovery from losses suffered after Federal Reserve minutes indicated a cautious approach to raising U.S. interest rates. MSCI's broadest […]
Las Vegas Sands CEO says Japan casino resort could cost up to $10 billion Las Vegas Sands CEO says Japan casino resort could cost up to $10 billion:- A resort hosting casinos in Japan could cost up to $10 billion to build, Las Vegas Sands Corp's (LVS.N) chief said, as […]
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 […]
SoftBank shares up; sources say company willing to cede control of Sprint SoftBank shares up; sources say company willing to cede control of Sprint:- Shares in SoftBank Group Corp (9984.T) rose nearly 3 percent in morning trade on Monday after a Reuters report that the Japanese company is prepared to […]
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. […]
Pakistan says kills 100 terrorists after suicide shrine attack Pakistan says kills 100 terrorists after suicide shrine attack:- Pakistani security forces killed dozens of suspected militants on Friday, a day after Islamic State claimed a suicide bombing that killed more than 80 worshippers at a Sufi shrine, the biggest in […]