October 5, 2018

J.P. Morgan to settle allegations of violating sanctions: U.S. Treasury

J.P. Morgan Chase Bank has agreed to pay $5.3 million to settle allegations it violated Cuban Assets Control Regulations, Iranian sanctions and Weapons of Mass Destruction […]
October 5, 2018

Are transportation stocks the market’s canary in a coal mine?

The U.S. transportation sector, which many see as a proxy indicator of the economy’s health, has retreated 2.3 percent from its Sept. 14 record, hinting to […]
October 5, 2018

Danske shares slide as U.S. criminal inquiry spooks investors

Danske Bank’s deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark’s biggest bank sought to calm investors over the impact […]
October 5, 2018

Tesla shares fall after Musk mocks SEC on Twitter

Shares of Tesla Inc fell as much as 4 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud […]
October 5, 2018

Oil prices rise on Iran sanctions, outlook uncertain

Oil prices crept back towards four-year highs on Friday as traders anticipated a tighter market due to U.S. sanctions on Iran’s crude exports. Powered by WPeMatico
October 5, 2018

South Korea’s appeals court suspends Lotte Group chief’s jail sentence

A South Korean appeals court said on Friday it found the chairman of Lotte Group guilty of charges including bribery and breach of trust, but suspended […]
October 5, 2018

Danske shares plummet to four-year lows after mirror trade report

Shares in Danske Bank plummeted on Friday to their lowest in four years after a media report the bank executed up to 8.5 billion euros of […]
October 5, 2018

Toyota, sensing an opening, debates building Lexus cars in China

Toyota Motor Corp, long opposed to producing its premium Lexus cars in China because of concerns over quality and profitability, is now considering it to ignite […]
October 5, 2018

Rising U.S. bond yields hit global markets, Asian stocks wobble

Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about the risk of […]
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