Toshiba shares slide after it says could sell more of chip business Shares in Toshiba Corp tumbled on Wednesday after the conglomerate said it would book a $ 6.3 billion hit to its U.S. nuclear unit and may sell more of its prized flash-memory chip business than planned to urgently raise funds. Scrambling for capital, [...]
Yen slips after Trump-Abe meet, Asian shares firm By Hideyuki Sano TOKYO (Reuters) – The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. Asian [...]
Dollar gains after Trump-Abe meet, Asian shares firm The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. Asian stocks ticked up, helped by renewed [...]
After 12 years, ex-AIG chief Greenberg settles accounting fraud case "After over a decade of delays, deflections and denials by Mr. Greenberg, we are pleased that Mr. Greenberg has finally admitted to his role in these fraudulent transactions," New York Attorney General Eric Schneiderman said in a statement. Greenberg, 91, will pay about $ 9 [...]
Stock futures edge up after Wall St. hits record high (Reuters) – U.S. stock index futures were slightly higher on Friday, a day after Wall Street hit record high on President Donald Trump's promise to unveil a tax reform plan in the coming weeks.
Controversial Dakota pipeline to go ahead after Army approval By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a [...]
Deutsche Boerse says clears CEO after analysis of talks with LSE FRANKFURT (Reuters) – Deutsche Boerse's supervisory board backed its Chief Executive Carsten Kengeter, who is the focus of an insider trading investigation, saying it had found that talks with the London Stock Exchange had not yet started in 2015.
Samsung Group to disband its corporate strategy office after probe ends Samsung Group [SAGR.UL] said it will disband its corporate strategy office after a special prosecution probe ends, setting a timeline on a pledge to wind up the office that has been criticized for its role in a national graft scandal. The smartphones-to-biopharmaceuticals business empire [...]
Hyundai Motor Group promotes fewer executives after flagship’s profit drop SEOUL (Reuters) – Hyundai Motor Group, South Korea's second-biggest conglomerate, said on Monday that in an annual reshuffle it has promoted 348 executives, down 5 percent from last year, due to "growing business uncertainty".
Dollar subdued after U.S. wage growth disappoints The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month. The dollar index, which tracks the greenback against a basket of six [...]