China hopes WTO can ‘resolve differences’ and sign deal
BEIJING (Reuters) – China said on Monday it regretted World Trade Organisation members had failed to reach an agreement on simplifying global customs rules, a breakdown it said could damage multilateral trade.
With cigars and crystal, Volvo makes eyes at Chinese rich
GOTHENBURG Sweden (Reuters) – With headlights shaped like Thor’s hammer and space for a humidity-controlled cigar case, Volvo’s new cars are sporting luxury features and designer glitz to catch the eye of the booming Chinese market and shed their safe-…
No Fed fireworks, but plenty of clues, expected at Jackson Hole
LONDON (Reuters) – Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming.
When companies flee U.S. tax system, investors often don’t reap big returns
WASHINGTON August 18 (Reuters) – Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such “inversion” deals have failed to produce above-average returns for investors, a Reute…
Promise of more keeps investors hooked on Asia’s frothy markets
SINGAPORE (Reuters) – Calling the top in financial markets is never easy. Asian stock and bond markets may appear frothy at their near-record levels after a multi-year rally, but global investors are still betting on a mix of healthy returns and histor…
U.S. Treasuries set to storm on as EU yields drop, conflicts threaten
NEW YORK (Reuters) – Don’t bet against the U.S. bond market rally anytime soon.
Across Asia’s borders, labor activists team up to press wage claims
JAKARTA/PHNOM PENH (Reuters) – Labor leaders behind the biggest strikes in Cambodia’s $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighboring countries.
From cradle to grave, Japan’s Kewpie adapts menu to feed ageing nation
TOKYO (Reuters) – Back in 1960, Japan’s Kewpie Corp began selling canned baby food, sensing a chance to catch a wave of young families raising kids in an economy roaring back to growth after the devastation of World War Two.
Federated Investors sees S&P 500 at 2,500 in two years: Barron’s
NEW YORK (Reuters) – The S&P 500 could hit 2,500 within the next 18 months to two years, Barron’s reported on Sunday, citing its interview with Stephen Auth, chief investment officer, equities at Federated Investors.
Credit Suisse played role in Espirito Santo collapse: WSJ.com
NEW YORK (Reuters) – Credit Suisse helped put together billions of dollars in securities that were issued by offshore investment vehicles of Banco Espirito Santo SA and then sold to the Portuguese bank’s retail customers, the Wall Street Journal report…
