January 16, 2020

Morgan Stanley shares soar after Gorman boosts performance targets

Morgan Stanley lifted its performance goals on Thursday after beating Wall Street estimates by a wide margin, the latest sign that Chief Executive James Gorman’s strategic […]
January 16, 2020

During Bezos visit, India minister says Amazon’s $1 billion investment is no big favour

Amazon hasn’t done India any big favours by announcing a new $1 billion investment, its trade minister said on Thursday, laying bare tensions with the U.S. […]
January 16, 2020

What to watch as fourth-quarter earnings kick into high gear

U.S. corporate reporting season is expected to show lackluster profit growth, and it has already gotten off to a bumpy start, with big banks kicking off […]
January 16, 2020

World stocks pause at record peak as markets assess U.S.-China deal

World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, […]
January 16, 2020

Chinese financial institutions can cope with foreign competition: central bank

Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, […]
January 16, 2020

Carlos Ghosn’s Japanese lawyers quit after former Nissan chief absconds

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief’s flight to Lebanon from Japan, where he had […]
January 16, 2020

China’s Liu: China will push forward capital account opening, yuan internationalization – state media

Chinese Vice Premier Liu He said China will steadily push forward capital account opening and yuan internationalization, under the premise of focusing on preventing risks, state […]
January 16, 2020

Japan’s Rakuten, Walmart’s Seiyu to open logistics site as online sales jump

Japanese online retailer Rakuten and Walmart’s Seiyu said they plan to open a new logistics site in Yokohama later this year to deal with growing sales […]
January 16, 2020

Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal

China and the United States have agreed to terms of a Phase 1 trade deal on Jan 15 but Beijing has not reduced or waived tariffs […]
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