Asia stocks ease on anxiety over trade, growth risks
Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row.
Australia’s bruised big banks offered respite in inquiry wash-up
After a year of bruising interrogation, Australia’s oligopoly banking system has emerged from a government-appointed inquiry with reputations tarnished and some top executives removed – but also an unexpected opportunity to rebuild.
Sony stock perks up after first-ever share buyback announcement
Sony Corp announced its first-ever share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover somewhat from the hammering it received earlier in the week when the technology firm reported lacklustre earnings.
Asia stocks fall on renewed anxiety over trade, growth risks
Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row.
Amazon’s Bezos says National Enquirer owner tried to blackmail him
Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with the threat of publishing “intimate photos” he allegedly sent to his girlfriend unless he said in public that the supermarket t…
Fed’s Bullard: ‘Restrictive’ U.S. policy likely curbing inflation
The U.S. Federal Reserve’s interest rate increase in December likely tipped monetary policy into a restrictive setting that may be pushing the economy farther from one of the Fed’s key goals, James Bullard, president of the St. Louis Federal Reserve Ba…
Fed’s Bullard considers current U.S. rate setting ‘slightly restrictive’
The U.S. Federal Reserve’s interest rate increase in December likely tipped monetary policy into slightly restrictive territory, a step beyond the neutral level policymakers had hoped to hit, St. Louis Federal Reserve Bank President James Bullard said …
Asia stocks slip on renewed anxiety over trade, growth outlook
Asian stocks slipped on Friday as investors fretted about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row.
Sony announces first-ever share buyback, stock rises 5 percent
Sony Corp announced on Friday a share buyback of 100 billion yen ($910 million) – its first ever aimed at boosting shareholder returns – sending the Japanese electronics and entertainment company’s shares up more than 5 percent.
J&J becomes first drugmaker to add prices to television ads
Johnson & Johnson said on Thursday it will start adding the price of its medicines to television commercials by next month, becoming the first drugmaker to heed a call by U.S. President Donald Trump for price transparency of drugs advertised directly to consumers on TV.
