Fed investigating Deutsche’s role in Danske money laundering: Bloomberg
The U.S. Federal Reserve is investigating Deutsche Bank’s role in a money laundering scheme that has embroiled both it and Denmark’s Danske Bank , Bloomberg reported on Wednesday.
J&J eying surgical robotics firm Auris Health: Bloomberg
Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
China says will step up fiscal spending this year to support economy
China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday.
Asian shares pause amid concerns over growth and trade
Asian stocks trod water on Wednesday as concerns over the outlook for global economic growth and the ongoing Sino-U.S. trade war kept investors away from riskier assets.
U.S. airlines tap army helicopter pilots to ease shortage
U.S. Army pilot Shaun Perez spent ten hours flying an Apache helicopter over Afghanistan, providing gun cover for Special Forces soldiers on the ground as they hunted for high-value targets, guns and weapons.
BOJ cuts inflation view, keeps stimulus as risks to economy heighten
The Bank of Japan cut its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand, further pushing back policymakers’ years-long efforts to foster durable growth.
Asian stocks pause amid worries over growth and trade
Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets.
Google, Facebook spend big on U.S. lobbying amid policy battles
Alphabet Inc’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-rangin…
Asian shares dip, worries over growth and trade sour mood
Asian stocks edged down on Wednesday on mounting signs of slowing global growth and anxiety over a yet-unresolved Sino-U.S. trade dispute.
Trump won’t soften hardline on China to make trade deal: advisers
As much as U.S. President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say…
