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federal-reserve

Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

February 2, 2017 by · Leave a Comment 

By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan's trade surplus. Japan is putting together a package of plans for Japanese companies to invest in infrastructure and job…

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

federal-reserve

Asian shares touch four-month high, dollar sags on Fed’s relaxed views

February 2, 2017 by · Leave a Comment 

Asian shares touched four-month highs while the dollar sagged on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hint of accelerating rate hikes. While strong economic data from the United States and elsewhere has underpinned risk assets, uncertainty and concerns over U.S. President Donald Trump's policies have put global markets on edge. “With many of his cabinet members still not approved, including (incoming Treasury Secretary Steven) Mnuchin…

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Asian shares touch four-month high, dollar sags on Fed’s relaxed views

federal-reserve

Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week

February 1, 2017 by · Leave a Comment 

As much as we may tire of mobile apps, they have one advantage over voice apps: We remember them.

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Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week

federal-reserve

Exxon boosts capital budget but takes $2 billion charge from XTO deal

February 1, 2017 by · Leave a Comment 

Exxon Mobil Corp boosted its 2017 capital budget on Tuesday on a bet that oil prices have stabilized, but posted its lowest quarterly profit since 1999 as it took a $2 billion charge against the value of natural gas reserves from its buyout of XTO Energy. The world's largest publicly traded oil producer wrote down the book value of part of its North American natural gas and crude reserves, some of which were acquired in 2009…

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Exxon boosts capital budget but takes $2 billion charge from XTO deal

federal-reserve

U.S. airline, travel agency shares nosedive amid immigration ban turmoil

February 1, 2017 by · Leave a Comment 

U.S. airline and online booking agency shares slumped for the second consecutive day on Tuesday, and some industry executives have begun speaking out against the Trump administration's ban on travel from seven majority

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U.S. airline, travel agency shares nosedive amid immigration ban turmoil

federal-reserve

Fed likely to keep rates steady as it awaits Trump economic plan

February 1, 2017 by · Leave a Comment 

By Lindsay Dunsmuir WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. Trump has promised a large infrastructure spending program, tax cuts, a rollback of regulations and a renegotiation of trade deals but has offered few details or a timeline for their roll out…

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Fed likely to keep rates steady as it awaits Trump economic plan

federal-reserve

Samsung chief questioned behind closed doors in arrest warrant hearing

January 18, 2017 by · Leave a Comment 

A South Korean judge questioned Samsung Group leader Jay Y. Lee behind closed doors on Wednesday to decide whether he should be arrested over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. Lee, 48, in dark overcoat and purple necktie, did …

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Samsung chief questioned behind closed doors in arrest warrant hearing

federal-reserve

Brainard joins Fed chorus warning about fiscal stimulus risks

January 18, 2017 by · Leave a Comment 

A leading Federal Reserve proponent of low interest rates said on Tuesday the U.S. central bank might hike rates more aggressively if deficit spending under the Trump administration produced a quick economic boost. “If fiscal policy changes lead to a more rapid elimination of slack, policy adjustment would, all else being equal, likely be more rapid,” Fed Governor Lael Brainard said at an event…

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Brainard joins Fed chorus warning about fiscal stimulus risks

federal-reserve

Businesses can unlock $12 trillion via key development goals: Davos study

January 16, 2017 by · Leave a Comment 

Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders.

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Businesses can unlock $12 trillion via key development goals: Davos study

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

January 16, 2017 by · Leave a Comment 

Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz's Mohamed A. El-Erian said on Monday. The outlook for the global economy in 2017 will be similar to that for 2016, but with an upside risk, with the world expanding below 3 percent and the U.S. economy outperforming that…

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

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