tokyo

DuPont CEO Breen says Trump win unlikely to impact Dow deal

Executives and dealmakers are looking for signs of whether the incoming Trump administration will take a traditional Republican approach to major mergers and treat them with a lighter touch. Breen said he does not expect Trump's rhetoric would make the president-elect's administration

See the rest here:
DuPont CEO Breen says Trump win unlikely to impact Dow deal

tokyo

Japan nearly doubles Fukushima disaster-related cost to $188 billion

Japan's Ministry of Economy, Trade and Industry (METI) said on Friday it has nearly doubled its projections for costs related to the Fukushima nuclear disaster, including decommissioning and compensation, to 21.5 trillion yen ($188.40 billion). Subsequent explosions released massive amounts of radiation, forcing the evacuation of 160,000 people from areas around the plant.

See the rest here:
Japan nearly doubles Fukushima disaster-related cost to $188 billion

tokyo

Asian shares flat but on track for weekly gains

TOKYO/SYDNEY (Reuters) – Asian shares flatlined on Friday but were on track for robust weekly gains, while the euro caught its breath after sliding when the European Central Bank trimmed the size of its asset purchase program and also extended it for longer than many had…

More here: 
Asian shares flat but on track for weekly gains

tokyo

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

“The cut by OPEC will be largely offset by increases in U.S. production where the rig count has already increased,” said India Oil Corp's Director of Finance A K Sharma. Higher oil prices and lower production costs are encouraging

More here: 
Oil price rally likely short-lived as OPEC deal not enough to reduce glut

tokyo

Asian export nations wary dollar boost gives Trump pretext to beat them

TOKYO/SEOUL (Reuters) – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump's fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury&#…

Read more from the original source:
Asian export nations wary dollar boost gives Trump pretext to beat them

tokyo

China says concerned about EU protectionism on steel imports

China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday. The ministry was responding to the EU's latest decision to take temporary anti-dumping measures against imports of Chinese seamless steel pipes, based on preliminary

Read the original here: 
China says concerned about EU protectionism on steel imports

tokyo

South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…

Read more: 
South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

tokyo

U.S. regulator has opened Audi investigation: Bild am Sonntag

A U.S. government regulator has started investigating Volkswagen's Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information. The German weekly paper …

Original post: 
U.S. regulator has opened Audi investigation: Bild am Sonntag

tokyo

Trump may already have a plan ready to revamp Dodd-Frank

When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that his party’s nominee, Donald Trump, could easily adopt. Now that Trump is president-elect, he appears to be doing just that. Language about financial services posted on the Trump transition website, www.greatagain.gov, echoes the tone of Hensarling's bill, known

Original post:
Trump may already have a plan ready to revamp Dodd-Frank

tokyo

Toyota to settle U.S. truck rust lawsuit for up to $3.4 billion

(Reuters) – Toyota Motor Corp has agreed to a settlement of up to $3.4 billion for a federal class action brought by U.S. owners of pickup trucks and SUVs whose frames could rust through, plaintiffs lawyers have said in court papers. The proposed settlement covers about 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs alleged to have received inadequate rust protection that…

Go here to see the original: 
Toyota to settle U.S. truck rust lawsuit for up to $3.4 billion

« Previous Page — Next Page »