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Asian Markets Mixed, Trump Comments Eyed

Apr 28, 2017Comments off

Asian markets traded lower as investors were surprised by comments from U.S. President Donald Trump on a current free trade pact with South Korea regarding

Bank of England Chooses SONIA as New Benchm...

Apr 28, 2017Comments off

A panel formed by the Bank of England has officially selected a new benchmark rate for appraising sterling-based contracts, the latest act aimed at rebuilding

UK Government Cuts Lloyds Bank State below ...

Apr 28, 2017Comments off

The UK government announced Friday it has lowered its stake in Lloyds Banking Group to less than 1% as it continues to drip-feed shares into

Yahoo Japan Shares Slump, Weighed Down by A...

Apr 28, 2017Comments off

Yahoo Japan shares plunged after it warned of a large increase in marketing costs as it attempts to keep up with its rival Amazon.com. Amazon’s

Series of Japan Data Points to Sluggish Eco...

Apr 27, 2017Comments off

A series of economic data released a day after the Bank of Japan’s monetary policy meeting indicated that the subdued recovery of Japan’s economy is

Crude Prices Advance on Potential OPEC Deal...

Apr 27, 2017Comments off

Oil prices edged up on Friday but were still bound for a second consecutive weekly loss on persisting concerns that an OPEC-initiated production cut has

Japan Seeks Currency Swap Scheme with ASEAN...

Apr 27, 2017Comments off

Japan intends to lay the foundation for bilateral currency swaps with Asian countries to hedge against limited fund supplies and offset the rise of the

Alphabet’s Profit Buoyed by Strong Ad Sal...

Apr 27, 2017Comments off

Google-parent firm Alphabet Inc. saw a jump in quarterly profit and revenue as its main advertising business continued to boom at a dramatic rate and

Gold Little Changed, Poised for Largest Wee...

Apr 27, 2017Comments off

Gold prices were flat and is on track for its largest weekly drop in seven weeks as investors turned to riskier assets, which reduced demand

Amazon Continues Double-Digit Growth Streak

Apr 27, 2017Comments off

Amazon.com Inc. extended its 20-year stretch of double-digit revenue growth, showing no indications of slowing down this year as more buyers prefer doing their shopping