December 19, 2018

Investors revolt against executive pay plans at tarnished Australian banks

Shareholders voted against the executive remuneration plans of two of Australia’s biggest banks on Wednesday following misconduct revelations that have swept through the country’s financial sector. […]
December 19, 2018

Micron sales, profit miss estimates as chip glut hurts prices

U.S. chipmaker Micron Technology Inc gave on Tuesday quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as […]
December 19, 2018

Asian business confidence wallows near three-year low on trade worries: Thomson Reuters/INSEAD

A very cautious optimism remains among Asian companies in the fourth quarter as they wait to see whether there will be any breakthrough in a trade […]
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, […]
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