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Sumner Redstone willing to be deposed in competency lawsuit

By Ross Kerber CANTON, Mass. (Reuters) – An attorney for Sumner Redstone said the media mogul would be willing to be interviewed briefly under oath in a lawsuit over his mental competency that could influence the future …

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Sumner Redstone willing to be deposed in competency lawsuit

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China to use tougher environmental standards to tackle capacity glut

China will use the stricter enforcement of environmental, safety and energy efficiency standards as well as tougher credit controls to help fight against overcapacity in key industrial sectors, the government said. The world's second-largest economy has identified overcapacity as one of its key challenges and it has already pledged mass closures in the steel and coal sectors, but it has so far fallen behind on …

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China to use tougher environmental standards to tackle capacity glut

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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

Japan's financial watchdog estimates that negative interest rates under the Bank of Japan's monetary easing policy will reduce profits for the country's three big banks by at least 300 billion yen ($2.96 billion) for the year…

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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

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Global monetary taps still open wide, Fed minutes in focus

The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week. The one thing that could unstick it, apart from divine intervention, would be a change in tune from …

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Global monetary taps still open wide, Fed minutes in focus