China February producer inflation fastest in nearly nine years as commodities surge China February producer inflation fastest in nearly nine years as commodities surge:- China's producer price inflation accelerated to its fastest pace in nearly nine years in February and by more than expected as prices of steel and other […]
Business
Business
No matador in sight as bull market in U.S. stocks turns 8 No matador in sight as bull market in U.S. stocks turns 8:- The run of gains on Wall Street turns 8 years old on Thursday and, despite its advanced age, is expected to rage on, with perhaps a […]
Mexico cranks up antitrust rules against Slim America Movil Mexico cranks up antitrust rules against Slim America Movil:- Billionaire Carlos Slim's America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure. America […]
Electronics store RadioShack files for bankruptcy again U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp. The Chapter 11 filing comes after RadioShack, owned […]
Dollar firm in Asia, resource shares on the run Dollar firm in Asia, resource shares on the run:- The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong U.S. jobs data made a rate hike a near certainty, while oil struggled to find its footing after […]
Stocks slip, U.S. dollar firm on Fed outlook Stocks slip, U.S. dollar firm on Fed outlook:- A gauge of global stock markets slipped on Tuesday as the Dow and S&P 500 notched their first back-to-back losses in more than a month, while expectations the Federal Reserve will raise interest rates […]
Pharma, bank stocks pull Wall Street lower Pharma, bank stocks pull Wall Street lower:- U.S. stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month. […]
Fed to make sequential hikes until something breaks Fed to make sequential hikes until something breaks:- Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Tuesday he expects the Federal Reserve to begin a campaign this month of "old school" sequential interest rate hikes until "something breaks," such as […]
Asian stocks rebound after upbeat China trade data Asian stocks rebound after upbeat China trade data:- Asian stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. […]
U.S, Germany should discuss trade outside EU U.S, Germany should discuss trade outside EU:- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European […]
