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Japan economy shrinks more than expected, highlights lack of policy options

Japan's economy shrank more than expected in the final quarter of last year as consumer spending and exports slumped, adding to headaches for policymakers already wary of damage the financial market rout could inflict on a fragile recovery. The data underscores the challenges premier Shinzo Abe faces in dragging the world's third-largest economy out of stagnation, as exports to emerging markets fail to gain…

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Japan economy shrinks more than expected, highlights lack of policy options

Fed’s ‘dot plot’ looks increasingly out of touch on rates

The Federal Reserve's rate path “dot plot” has become increasingly detached from financial markets' interest-rate projections and risks sending an overly hawkish message that may undermine the central bank's credibility. Despite falling inflation …

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Fed’s ‘dot plot’ looks increasingly out of touch on rates

Asia shares rise despite weak China, Japan data; firmer yuan helps

Asian shares snapped a five-session losing streak on Monday as China's central bank fixed the yuan sharply stronger, easing fears of depreciation for now, though a string of weak data from Japan to China and Indonesia suggested the bounce may be short-lived. European shares were set to follow Asia higher. Most stock markets in

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Asia shares rise despite weak China, Japan data; firmer yuan helps

Loeb says Third Point raised short bets to avoid losses

Billionaire investor Daniel Loeb has told clients his firm has taken more defensive bets in the face of tumbling markets by dramatically increasing its short positions, which helped Third Point avoid “calamitous” losses last year. The fund manager also said the firm cut stakes in companies that were exposed to China and commodity prices, which have fallen sharply. Loeb, whose $17.5 billion hedge fund has delivered an average return of 16.2 percent a year over the last two decades, did not mince words in his assessment of tumbling markets

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Loeb says Third Point raised short bets to avoid losses

Greek PM says differences between lenders delaying bailout review: paper

Greek Prime Minister Alexis Tsipras said on Saturday that differences between the country's international lenders over its pension reform plans are delaying the first review of its latest financial bailout. The government has faced widespread protests over its reform plans however, as austerity-weary Greeks push back against yet more cuts to the country's welfare system. “There are differences among the lenders on Greece's pension reform that are delaying the whole process,…

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Greek PM says differences between lenders delaying bailout review: paper

Tougher lending standards pose risk to outlook for Fed

A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen …

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Tougher lending standards pose risk to outlook for Fed

China Lunar New Year holiday retail sales up 11.2 percent year-on-year

BEIJING (Reuters) – China's retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year, Ministry of Commerce data showed on Saturday.

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China Lunar New Year holiday retail sales up 11.2 percent year-on-year

Apple to launch new iPhone, iPad in March: 9to5mac

(Reuters) – Apple Inc is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported, citing sources. Apple, which will introduce a new 4-inch iPhone, dubbed the “iPhone 5se”, and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported. The technology giant has

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Apple to launch new iPhone, iPad in March: 9to5mac

Growing trust helps flurry of Sino-German deals

China has for years sought to buy in key technology rather than develop it at home more slowly, but attempts to reach deals have often failed. “The cultural dimension is very important,” said Frank-Christian Raffel, Munich-based partner in boutique advisory firm MelchersRaffel, which specialises in M&A deals between German-speaking and Asian countries.

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Growing trust helps flurry of Sino-German deals

Burberry faces U.S. lawsuit accusing it of deceptive price tags

LONDON (Reuters) – British luxury fashion brand Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains. The company, which specifically manufactures some of the products for its outlet stores, is accused of intentionally presenting false price information on products that have never been sold in its retail stores to mislead

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Burberry faces U.S. lawsuit accusing it of deceptive price tags

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