Search Results for: Abe
Japan household spending slumps, output flat as tax pain persists
August 29th, 2014
Japanese household spending fell much more than expected and factory output remained weak in July after plunging in June, government data showed, suggesting that soft exports and a sales tax hike in April may drag on the economy longer ...
California Wine Country Quake Losses reach Billions
August 26th, 2014
A strong earthquake that jolted residents of California’s Napa Valley wine country from their beds on Sunday caused insured property damage likely in the hundreds of millions of dollars, but the region’s total economic losses will be several times ...
China Regulators: Qualcomm Seeks to End Antitrust Probe
August 22nd, 2014
U.S. chipmaker Qualcomm Inc is seeking to end an investigation by China’s pricing regulator into monopoly practices, the company said on Friday, expressing its willingness to improve and correct pricing issues according to the regulator. The National Development and ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
Argentina says to bring defaulted debt under national law
August 20th, 2014
President Cristina Fernandez on Tuesday unveiled legislation that seeks to push bondholders to swap defaulted debt for new notes governed by Argentine law, a move aimed at skirting a U.S. ruling that prevented her government from paying its creditors. ...
U.K. Regulator ‘Comfortable’ With Fund Managers Earning Millions
August 20th, 2014
Fund managers are entitled to be paid millions of pounds if they’re delivering high returns for investors, the U.K. markets regulator said, the first sign it won’t seek to impose wage caps on the industry. Regulators around the world ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
Sydney man charged with insider trading
August 12th, 2014
Australian financial regulator ASIC, alleges that trader has earned $20,000 from insider information in trading and now faces jail and fine. A 31-year old Sydney man today appeared before court charged with eight counts of insider trading, following an ...
SEC pursues brokerage firm and CEO
August 11th, 2014
The Securities and Exchange Commission (SEC) has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme. The SEC alleges ...
