November 20, 2018

Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks

Japan’s Nikkei fell on Tuesday morning as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos […]
November 20, 2018

South Korea’s Jeju Air buys 40 Boeing planes worth $4.4 billion

South Korea’s biggest budget carrier, Jeju Air , purchased 40 Boeing 737-8 Max planes worth $4.4 billion, the airline said on Tuesday. Powered by WPeMatico
November 20, 2018

U.S. recession chances edge up, risk Fed delivers fewer hikes: Reuters poll

The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by […]
November 20, 2018

Oil stable amid expectations OPEC will cut supply to prevent glut forming

Oil prices were stable on Tuesday on expectations that producer club OPEC will soon cut supply to prevent oversupply amid slowing demand growth and a surge […]
November 20, 2018

Nissan shares slump on Ghosn’s arrest over financial misconduct

Shares of Nissan Motor Co fell 6 percent early on Tuesday, a day after the arrest of Chairman Carlos Ghosn sent shockwaves through the business world […]
November 19, 2018

New Petrobras CEO rules out privatization, wants non-core asset sales

A University of Chicago-trained economist named on Monday to head Brazil’s Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core […]
November 19, 2018

Wall Street hit by Apple and internet shares, trade worries

The Nasdaq slumped nearly 3 percent and the Dow and S&P fell more than 1 percent on Monday as investors pulled out of Apple and internet […]
November 19, 2018

Danske whistleblower says big European bank handled $150 billion in payments

The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European bank helped process up to $150 billion in suspicious […]
November 19, 2018

GE shakes up power unit leadership, taps retired exec to help

General Electric Co shook up its ailing power business again on Monday, naming a CEO for its new gas-power division and bringing a veteran GE executive […]
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