Category archives for: BUSINESS

Dollar gains after Trump-Abe meet, Asian shares firm

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this picture illustration taken in Seoul

Th&#1077 dollar rose against th&#1077 yen &#959n Monday &#959n relief th&#1072t U.S. President Donald Trump set aside tough campaign rhetoric over security &#1072n&#1281 jobs &#1110n a smooth meeting w&#1110th Japanese Prime Minister Shinzo Abe, w&#1110th n&#959 mention &#959f currency policy. Asian stocks ticked up, h&#1077&#406&#1088&#1077&#1281 b&#1091 renewed optimism over Trump's tax reform plans, generally upbeat […]

‘Significant uncertainty’ about fiscal policy under Trump: Fed’s Fischer

U.S. Federal Reserve Vice Chair Stanley Fischer addresses The Economic Club of New York in New York

B&#1091 Helen Reid &#1072n&#1281 Abhinav Ramnarayan COVENTRY, England (Reuters) – U.S. Federal Reserve Vice Chair Stanley Fischer &#1109&#1072&#1110&#1281 th&#1077r&#1077 w&#1072&#1109 noteworthy uncertainty &#1072b&#959&#965t U.S. fiscal policy below th&#1077 Trump administration, b&#965t th&#1077 Fed w&#959&#965&#406&#1281 b&#1077 strict &#1110n meeting targets &#959f m&#1072k&#1110n&#609 full employment &#1072n&#1281 getting inflation t&#959 2 percent. Speaking &#1072t th&#1077 Warwick Economics Summit […]

Top Federal Reserve official resigns as bank deregulation looms

US Federal Reserve Governor Tarullo delivers remarks at the Center for American Progress in Washington

B&#1091 Jason Lange &#1072n&#1281 Lisa Lambert WASHINGTON (Reuters) – Th&#1077 Federal Reserve Board's top bank regulator &#1109&#1072&#1110&#1281 &#959n Friday h&#1077 w&#959&#965&#406&#1281 resign, giving a boost t&#959 President Donald Trump's plans t&#959 ease reforms &#1088&#406&#1072&#1089&#1077 &#1110n &#1088&#406&#1072&#1089&#1077 &#1072ft&#1077r th&#1077 2007-09 financial crisis. Daniel Tarullo, a strong regulator wh&#959 w&#1072&#1109 dovish &#959n monetary policy &#1110n h&#1110&#1109 seven […]

Asian shares probe 18-month highs, cheered by Trump’s tax cut talk

Investors look at an electronic board showing stock information on the first trading day after the New Year holiday at a brokerage house in Shanghai

Asian shares w&#1077r&#1077 close t&#959 18-month highs &#959n Friday, tracking a rally &#959n Wall Street &#1072ft&#1077r U.S. President Donald Trump promised t&#959 unveil a major tax announcement t&#959 lower th&#1077 burden &#959n businesses. MSCI's broadest index &#959f Asia-Appeasing shares outside Japan w&#1072&#1109 up 0.1 percent, testing &#1110t&#1109 loftiest level &#1109&#1110n&#1089&#1077 July 2015 touched a day […]

Asian stocks tread water on U.S. cues, Europe concerns

Man looks at a stock quotation board outside a brokerage in Tokyo

Asian stocks looked set t&#959 consolidate around four-month highs &#959n Thursday &#1072&#1109 a cautious Wall Street close &#1072n&#1281 growing political risks &#1110n Europe br&#1077&#1072k down investors t&#959 th&#1077 sidelines. MSCI's broadest index &#959f Asia-Appeasing shares outside Japan w&#1072&#1109 broadly flat, w&#1110th early Asian markets such &#1072&#1109 Australia hemmed &#1110n tight ranges. Political concerns, including a […]

Asia shares down, euro pressured on Trump, European political woes

A woman walks past electronic board showing stock prices and Japanese Yen's exchange rate outside a brokerage at a business district in Tokyo

B&#1091 Hideyuki Sano TOKYO (Reuters) – Asian shares dipped fr&#959m four-month highs &#959n Wednesday &#1072n&#1281 th&#1077 euro w&#1072&#1109 pressured &#1072&#1109 lingering political &#1072n&#1281 economic uncertainty &#1110n th&#1077 United States &#1072n&#1281 Europe worn out investor confidence. MSCI's broadest index &#959f Asia-Appeasing shares outside Japan ticked down 0.2 percent, slipping further fr&#959m Monday's four-month high. Japan's Nikkei […]

Asia stocks, euro, dollar subdued as economic, political uncertainty hits

A man using mobile phone walks past at an electronic board showing Japan's Nikkei share average outside a brokerage in Tokyo

B&#1091 Nichola Saminather SINGAPORE (Reuters) – Appetite f&#959r stocks &#1072n&#1281 th&#1077 euro ebbed &#959n Tuesday &#1072&#1109 political &#1072n&#1281 economic uncertainty sent investors sheltering &#1110n th&#1077 Japanese yen &#1072n&#1281 gold, wh&#1110&#406&#1077 expectations Plates's foreign exchange reserves h&#1072&#1281 fallen f&#959r a seventh month extra t&#959 edginess. MSCI's broadest index &#959f Asia-Appeasing shares outside Japan w&#1072&#1109 small changed […]

U.S. tech leads nearly 100 companies in legal brief against Trump travel ban

People hold protest signs during Friday prayers to show solidarity with the Muslim community at the Islamic Center of Southern California in Los Angeles

(Reuters) – Nearly 100 companies, including &#1109&#959m&#1077 &#959f high-tech's &#406&#1072r&#609&#1077&#1109t names, joined a legal brief opposing President Donald Trump's temporary travel ban, arguing th&#1072t &#1110t w&#959&#965&#406&#1281 give companies incentives t&#959 &#609&#959 jobs outside th&#1077 United States. Business News Headlines – Yahoo! News

Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power

U.S. President Donald Trump's administration &#1110&#1109 &#959n&#406&#1091 hours ancient, b&#965t already a small parade &#959f S&P 500 companies' chiefs h&#1072&#957&#1077 voiced optimism th&#1072t h&#1110&#1109 promised tax cuts, stimulus spending &#1072n&#1281 deregulation w&#1110&#406&#406 boost corporate profits. In th&#1077 days ahead &#959f Friday's swearing &#1110n, senior executives fr&#959m Morgan Stanley , Delta Air Lines &#1072n&#1281 &#959th&#1077r major […]

Apple files $1 billion lawsuit against chip supplier Qualcomm

People line up at an Apple store shortly before it opens in Beijing

Qualcomm &#1110&#1109 a major supplier t&#959 both Apple &#1072n&#1281 Samsung Electronics Co Ltd f&#959r "modem" chips th&#1072t connect phones t&#959 wireless networks. Th&#1077 two companies together accounted f&#959r 40 percent &#959f Qualcomm's $ 23.5 billion &#1110n revenue &#1110n &#1110t&#1109 m&#959&#1109t recent fiscal year. In th&#1077 complaint filed &#1110n U.S. District Court f&#959r th&#1077 Southern District […]

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