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Asian stocks pause amid worries over growth and...
on January 23, 2019 at 5:55 am

Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets. […]

BOJ cuts inflation view, keeps stimulus as risks...
on January 23, 2019 at 5:10 am

The Bank of Japan cut its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand, further pushing back policymakers' years-long efforts to foster durable growth. […]

U.S. will seek extradition of Huawei CFO from...
on January 23, 2019 at 3:02 am

The U.S. Justice Department said on Tuesday it will pursue the extradition of the chief financial officer of China's Huawei Technologies Co Ltd's, arrested in Canada in December. […]

Google, Facebook spend big on U.S. lobbying amid...
on January 23, 2019 at 3:00 am

Alphabet Inc's Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices. […]

Cloud, services fuel IBM's profit beat, robust...
on January 23, 2019 at 2:44 am

IBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations on Tuesday, in the latest indication that Chief Executive Officer Ginni Rometty's efforts to turn around the technology services company were gaining traction. […]

Trump won't soften hardline on China to make...
on January 23, 2019 at 2:30 am

As much as U.S. President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say. […]

Bayer asks California judge to limit evidence in...
on January 23, 2019 at 2:12 am

Bayer AG unit Monsanto has asked a California judge in the litigation over its glyphosate-based weed killer Roundup allegedly causing cancer to limit evidence by splitting an upcoming trial into two phases, a request previously successful with another judge. […]

Brazil's Bolsonaro uses Davos speech to appeal to...
on January 23, 2019 at 1:56 am

Brazil's new right-wing President Jair Bolsonaro threw out the welcome mat for big business and foreign investors on Tuesday, telling a summit of CEOs in Davos that his government would make the country one of the top 50 in which to do business. […]

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