December 19, 2018

Asia tenses for Fed call, oil slide boosts bonds

Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. Federal Reserve might […]
December 19, 2018

U.S. oil prices climb after tumble, but oversupply worries drag

U.S. oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply and […]
December 19, 2018

SoftBank Corp suffers rare Japan debut drop after record IPO

SoftBank Corp shares slumped more than 10 percent on debut, as investor appetite for Japan’s biggest ever IPO was hurt by a recent service outage at […]
December 19, 2018

Angry shareholders slap down National Australia Bank’s executive pay plans

National Australia Bank shareholders delivered an unprecedented protest vote against the lender’s executive remuneration plans on Wednesday, the latest display of investor disquiet over poor governance […]
December 18, 2018

Micron sales miss target as chip glut hurts prices

U.S. chipmaker Micron Technology Inc on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as […]
December 18, 2018

FedEx cuts 2019 earnings forecast on economic slowdown

U.S. package delivery company FedEx Corp on Tuesday cut its 2019 forecast after Europe’s economy weakened and the U.S. trade skirmish exacerbated a slowdown in China, […]
December 18, 2018

Sears to take $443 million in charges arising from store closures

Bankrupt U.S. retailer Sears Holdings Corp will take a charge of about $443 million arising from store closures, a regulatory filing showed on Tuesday. Powered by […]
December 18, 2018

S&P flat as government shutdown threat, Fed decision loom

The benchmark S&P 500 stock index ended little changed in a choppy trading session on Tuesday as the possibility of a partial U.S. government shutdown raised […]
December 18, 2018

German auto supplier to plead guilty, pay $35 million fine in VW emissions case

German auto supplier IAV Gmbh has agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to […]
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