Trump adds trademarks in casino hub Macau
HONG KONG (Reuters) – A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the “Trump” brand in the world’s biggest gambling cente…
Toshiba may gain auditor sign-off, reducing delisting risk: media
TOKYO (Reuters) – Toshiba Corp may gain a partial endorsement from its auditor for its annual financial results after disagreements over accounting for the much of the year, Japanese media reported – a step that would lessen, but not remove, the risk o…
Oil slides as output rises at Libya’s largest oil field
NEW YORK (Reuters) – Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya’s largest oil field, along with worries about higher output from OPEC and the United States.
World stocks reach new peak in world full of surprises
LONDON (Reuters) – World stocks breached record highs on Monday as better-than-expected company earnings and economic data from the United States stole the focus from rising geopolitical tension over North Korea’s nuclear program.
In Asia financial markets, the fear indicators still send a buy signal
SINGAPORE (Reuters) – Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are not being reflected in major gauges of volatility and fear.
As short sellers target Chinese companies in Hong Kong, hostility mounts
HONG KONG (Reuters) – Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks.
Deutsche Bank tumbles down private bank rankings
ZURICH (Reuters) – Deutsche Bank dropped out of the world’s top 15 private banks in 2016, a year marked by negative headlines for Germany’s biggest lender, rankings by wealth management researcher Scorpio Partnership showed on Monday.
Infrastructure borrowing drops as U.S. states await Trump plan details
SAN FRANCISCO/NEW YORK (Reuters) – President Donald Trump arrived in office having promised a bold $1 trillion infrastructure investment plan over 10 years for roads, bridges, airports and transit systems crumbling by the day across the United States.
Google employee’s anti-diversity memo prompts company rebuke
(Reuters) – Google executives over the weekend rushed to denounce an engineer’s memo that ascribed gender inequality in the technology industry to biological differences, a view that sparked outrage at the internet giant and inflamed tensions over sex…
Commonwealth Bank says ‘coding error’ explains alleged money-laundering breaches
SYDNEY (Reuters) – The Commonwealth Bank of Australia said on Monday a software “coding error” was responsible for the “vast majority” of the anti-money laundering law breaches it was accused of last week.
