stock-markets

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

stock-markets

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

stock-markets

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

stock-markets

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

stock-markets

Bond yields sink as central banks head for easier policy

The prospect of further cuts in interest rates and bond-buying to support a fractured global economy kept stock markets on the up in Europe and Asia on Friday, and drove U.S. and European government bond yields to their lowest in years. Signs that the world's big central banks will go even easier on monetary conditions, extending …

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Bond yields sink as central banks head for easier policy

stock-markets

China removes stocks regulator head after market woes

By Adam Jourdan SHANGHAI (Reuters) – China has removed the head of its securities regulator following a turbulent period in the country's stock markets, appointing a top state banking executive as his replacement, as leaders move to restore confidence in the economy. The announcement on the official Xinhua news agency on Saturday follows a string of assurances from senior leaders following the Lunar New Year holiday that China…

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China removes stocks regulator head after market woes

stock-markets

Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to…

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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

stock-markets

Oil lifts stocks off lows, yen and low-risk debt in favor

LONDON (Reuters) – Glimmers of recovery in oil prices on Wednesday lifted European stock markets off their lows and dimmed the allure of the Japanese yen, gold and ultra-low-risk government debt.

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Oil lifts stocks off lows, yen and low-risk debt in favor