Fed in focus after emerging market mauling
BRUSSELS (Reuters) – The U.S. Federal Reserve will take center stage in the week ahead with a widely expected cut to its bond-buying stimulus, responding to an improving U.S. economy but also helping fuel a dramatic emerging market sell-off.
After fall, Japan yen in sweet spot for economy, but U.S. watching
TOKYO (Reuters) – After falling by almost a fifth since Japanese Prime Minister Shinzo Abe came to power just over a year ago, the yen is in a sweetspot for the economy.
New models, more production could boost Hyundai shares: Barron’s
(Reuters) – Investors are underestimating Hyundai Motor Co’s ability to turn around itself and its stock after rocky period, according to Barron’s in its January 27 edition.
Swiss cabinet blocked Branson from heading finance regulator – paper
GENEVA (Reuters) – Switzerland’s cabinet has twice refused to accept the nomination of a British-born ex-UBS banker as head of the financial market regulator, hoping to see more competition for the role, a Swiss newspaper reported on Sunday.
Tata Motors executive Karl Slym dies in fall from hotel
MUMBAI (Reuters) – Karl Slym, managing director of India’s Tata Motors Ltd , died on Sunday after falling from a high floor of a hotel in Bangkok, the company said.
Deutsche Bank clears co-CEO Jain in internal Libor probe: report
FRANKFURT (Reuters) – Deutsche Bank has concluded co-Chief Executive Anshu Jain is clean after an internal investigation into the role of the bank into the manipulation of global interest rates, German newspaper Frankfurter Allgemeine Sonntagszeitung r…
Analysis: Emerging markets rout a reality check for Davos elite
DAVOS, Switzerland (Reuters) – Just as they were getting their swagger back, the global elite stumbled last week on an emerging market sell-off that served as a reminder of the risks the global economy still faces.
Top bankers expect EU stress tests to reignite banking M&A
DAVOS, Switzerland (Reuters) – Bankers expect a thorough European Central Bank (ECB) health check of the euro zone’s largest banks to reignite domestic and cross-border merger activity by rebuilding confidence among lenders.
Analysis: Britain’s car industry may inspire more balanced economic recovery
LONDON (Reuters) – A bumper year for Britain’s car industry offers some hope the economy will start to grow in a more sustainable way, with a better balance between investment and spending.
China says U.S. should stop new dumping probe on solar products
BEIJING (Reuters) – China’s commerce ministry called on the United States on Sunday to stop anti-dumping investigations into imports of solar power products from China, expressing “serious concern” and vowing to defend its producers.
