Asian shares fall, dollar at seven-month high after Yellen comments
TOKYO/SINGAPORE Asian shares fell on Monday while the dollar held firm near seven-month high after comments from Federal Reserve Chair Janet Yellen that signaled the need for aggressive steps to rebuild the U.S. economy boosted long-dated bond yields.European shares also looked set for modest early losses, with financial spreadbetters predicting Britain's FTSE 100 .FTSE, Germany's DAX .GDAXI and France's CAC 40 .FCHI would all open down about 0.2 percent. U.S. stock futures ESc1 fell 0.3 perce..>> view originalThis Chinese Company's IPO Could Be the Biggest in the US This Year
Logistics company ZTO Express has set terms for what could be the largest U.S. initial public offering this year and also the biggest by a Chinese company after the $25 billion IPO of e-commerce giant Alibaba Group baba in 2014. ZTO’s IPO later this month, which could raise as much as $1.5 billion, is the latest example of a Chinese company seeking to capitalize on its growth prospects to lure Western investors, while also avoiding the red tape associated with launching IPOs in mainland ..>> view originalAsian shares mixed in narrow trading amid wait for Fed hike
FILE - In this Wednesday, Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. U.S. stocks are falling early Thursday, Oct. 13, 2016, and following global markets lower after a steep drop in China’s exports, a troubling sign for the second-largest economy in the world. Banks and mining companies are taking some of the largest losses. (AP Photo/Mark Lennihan, File) The Associated Press TOKYO (AP) — Asian shares were mixed Monday, trading within a narrow ran..>> view originalTesla, Panasonic agree to make solar cells in Buffalo
Additional tracks opening Monday morning at Hoboken Terminal
FILE - In this Monday, Oct. 10, 2016, photo, commuters walk past boarded up track entrances at Hoboken Terminal in Hoboken, N.J., after the Sept. 29 commuter train crash. New Jersey Transit has said six more tracks will open at 4 a.m. Monday, Oct. 17, at Hoboken Terminal, which has resumed its operations on Oct. 10. It also noted that the station's ticket office has resumed operations. (AP Photo/Seth Wenig, File) The Associated Press HOBOKEN, N.J. (AP) รข€” Rail service is about to be full..>> view originalPepsiCo pledges to slash calories in two-thirds of beverages by 2025
"The consumer can't tell the difference, and that's the greatest thing about all of the R&D work, which is now yielding results," she said. The CEO also spoke about ongoing efforts to reduce sodium in products, including snacks sold by the Frito-Lay division. "By applying the seasoning differently, we can actually still make it a salty snack, but with lower sodium levels, and that's what we have managed to do with… our products in countries like the U.K. and China, where we've reduced sal..>> view originalIran to Boost Oil Output to 4 Million Barrels as OPEC Plans Cut
Iran, OPEC’s third-biggest member, plans to boost its oil output to a level of 4 million barrels a day this year, potentially complicating the producer group’s plan to cut supply in an effort to prop up prices.The Persian Gulf nation will raise production from 3.89 million barrels a day currently, Ali Kardor, managing director of National Iranian Oil Co., said Monday at a conference in Tehran. Amir Hossein Zamaninia, deputy oil minister for international affairs, told reporters the country pump..>> view originalPersonal finance: Questions linger for Clinton, Trump on retirement issues
One major hushed topic: a looming retirement crisis with 74 million baby boomers retiring, Social Security in sorry shape and half of people near retirement with only $104,000 or less in retirement savings. According to the U.S. Government Accountability Office, a person with $104,000 would be able to devote about $350 a month toward everything from food to electricity in retirement.Both Clinton and Trump have said they are committed to making sure Social Security remains there for you, but ques..>> view originalAsian Shares Mixed; Hong Kong Casino Stocks Tank on China Arrests
Asian shares were mixed on Monday, with casino-related stocks in Hong Kong falling sharply on news that Chinese authorities detained employees at casino operator Crown Resorts for suspected gambling crimes. Hong Kong’s Hang Seng Index was down 0.6%, while Australia’s S&P/ASX 200 fell 0.6% and Korea’s Kospi declined 0.5%. Meanwhile, the Nikkei Stock Average gained 0.3% after rising as much as 0.5% earlier and the Shanghai...>> view originalWells Fargo's Lack of New Leadership Casts Doubt Over Its Plan for Change
Wells Fargo’s wfc decision not to introduce new names onto its board or into the ranks of its senior management in the wake of a sales scandal has raised questions about whether it can truly fix the culture which caused its problems. The United States’ third-largest bank by assets has been plunged into crisis by revelations that its branch staff created as many as 2 million accounts without customers’ knowledge in order to meet internal sales targets. John Stumpf, the bank’s chairman and..>> view original
Friday, November 4, 2016
Asian shares fall, dollar at seven-month high after Yellen comments and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment