February 1, 2019

Some U.S. metals importers resigned to higher prices as Trump’s tariffs bite

U.S. metals importers that applied last year for exemptions from tariffs on steel and aluminum are losing hope the Commerce Department will approve their petitions, as […]
February 1, 2019

Sony reports best-ever quarterly profit on strong music business

Japan’s Sony Corp raked in its highest-ever quarterly profit after booking one-time gains related to its acquisition of EMI, though shrinking earnings at the game division […]
February 1, 2019

Fed policy turn not good news for Trump as risks mount

The Federal Reserve’s policy twist on Wednesday might seem just what the White House ordered, with a hold put on what President Donald Trump termed “loco” […]
February 1, 2019

Japan’s Honda Motor third-quarter profit drops 40 percent on discounting, quality costs

Honda Motor Co Ltd on Friday reported a 40.2 percent drop in third-quarter operating profit, missing market expectations due to higher discounting and quality-related costs. Powered […]
February 1, 2019

Budweiser spends big on Super Bowl, targets small markets

At least, that is what Anheuser-Busch InBev hopes as it strives to reach more than 100 million U.S. TV viewers during Sunday’s Super Bowl, promoting vintage […]
February 1, 2019

Factory activity shrinks across Asia as cooling China threatens global growth

Factory activity shrank across much of Asia in January, falling to the weakest in years in several countries and adding to worries that trade tariffs and […]
February 1, 2019

Asian shares go flat as China data disappoints

Asian shares crept back from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal […]
February 1, 2019

U.S. job growth likely slowed; minimal hit seen from government shutdown

U.S. job growth likely slowed in January after December’s weather-related outsized surge, but the pace of hiring probably remains fast enough to support the economy amid […]
February 1, 2019

Asian shares off four-month high as China data disappoints

Asian shares backed away from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal […]
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