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Oil jumps to 2016 highs as dollar drops on Fed decision

April 27, 2016 by · Leave a Comment 

By Barani Krishnan NEW YORK (Reuters) – Oil prices jumped about 3 percent on Wednesday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave U.S. interest rates unchanged. Oil had risen early, the day after an industry group said U.S. crude inventories had dropped in the latest week. In early afternoon, the Fed announced it was leaving interest rates unchanged, and issued a statement implying it

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Oil jumps to 2016 highs as dollar drops on Fed decision

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After massive drop, is Apple cheap enough?

April 27, 2016 by · Leave a Comment 

By Rodrigo Campos NEW YORK (Reuters) – If Apple could cash in the value it lost in the first minute of trading on Wednesday, it would be nearly enough to buy General Motors, Target or Caterpillar. “I would not be surprised in…

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After massive drop, is Apple cheap enough?

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Tech start-ups snap at the heels of Asian private bankers

April 11, 2016 by · Leave a Comment 

Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed

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Tech start-ups snap at the heels of Asian private bankers

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China market tsar in spotlight amid stock market turmoil

January 9, 2016 by · Leave a Comment 

By Matthew Miller and Shu Zhang BEIJING (Reuters) – Xiao Gang, China's stock market tsar, once remarked that the only thing he'd done right in life was marry his wife. No doubt the self-effacing Xiao, chairman of China Securities Regulatory Commission (CSRC), has

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China market tsar in spotlight amid stock market turmoil

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Japan’s Asahi to submit bid next week for SABMiller’s Grolsch and Peroni: Yomiuri

January 9, 2016 by · Leave a Comment 

Japanese beverage maker Asahi Group Holdings Ltd will submit a bid as early as next week to buy SABMiller PLC's Grolsch and Peroni beer brands for as much as 400 billion yen ($3.41 billion), the daily Yomiuri reported. If accepted, it would

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Japan’s Asahi to submit bid next week for SABMiller’s Grolsch and Peroni: Yomiuri