Asia stocks ease, dollar off highs before U.S. payrolls
SYDNEY (Reuters) – Asian shares fell on Friday while the dollar ran into some profit-taking after several weeks of strong gains as financial markets turned their attention to looming U.S. payrolls data for fresh catalysts.
U.S. jobs growth expected to regain momentum in April
WASHINGTON (Reuters) – U.S. job growth likely accelerated in April after a weather-related slowdown in the previous month, with the unemployment rate expected to drop to near a 17-1/2-year low of 4.0 percent.
HSBC first-quarter profit misses estimate, unveils $2 billion new share buyback
HONG KONG/LONDON (Reuters) – HSBC Holdings PLC posted on Friday an unexpected 4 percent drop in first-quarter pre-tax profit due to a surge in investments, missing estimates, and announced plans to initiate a new share buyback of up to $2 billion.
Xerox says CEO, board to stay after agreement with Icahn, Deason expires
(Reuters) – Xerox Corp said on Thursday its current board and management team, which included Chief Executive Jeff Jacobson, will stay, after a settlement agreement it had reached with dissenting shareholders to oust them expired.
Buffett’s Berkshire Hathaway bought 75 million more Apple shares in first quarter: CNBC
(Reuters) – Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the iPhone maker.
Treasury Secretary says having good trade talks in China
BEIJING (Reuters) – A U.S. trade delegation in China has been having very good conversations, U.S. Treasury Secretary Steven Mnuchin said on Friday, as he headed into the second and likely last day of talks in Beijing.
Asia stocks fall, yen firm as markets await U.S. payrolls
SINGAPORE (Reuters) – Asian shares stepped back while the Japanese yen held onto overnight gains in early trading on Friday as financial markets turned their attention to the looming U.S. payrolls data for fresh catalysts.
U.S. Treasury Secretary says having good trade conversations in China
BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Friday a trade delegation he is leading in China has been having very good conversations, as he heads into the second and likely last day of talks in Beijing.
Asia stocks steady, yen firm as markets await U.S. payrolls
SINGAPORE (Reuters) – Asian shares were steady while the Japanese yen held onto overnight gains in early trading on Friday as financial markets turned their attention to the looming U.S. payrolls data for fresh catalysts.
Down and out: CEFC staff go unpaid as once-high flying company flounders
SHANGHAI (Reuters) – CEFC China Energy, the once high-flying conglomerate that is now conducting fire sales of its assets following an investigation into its chief, appears to be hitting rock bottom.
