By Echo Wang NEW YORK (Reuters) – Nasdaq Inc has put the brakes on initial public offering (IPO) preparations of…
China central bank head likely to step down amid reshuffle – sources
By Kevin Yao and Xie Yu BEIJING/HONG KONG (Reuters) – China’s central bank chief Yi Gang is likely to step…
Facebook threatens to block news content over Canada’s revenue-sharing bill
By Ismail Shakil OTTAWA (Reuters) – Facebook warned on Friday that it may block sharing of news content on its…
Wall St rallies, Treasury yields dip on hopes of easing Fed policy
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Dollar sinks vs yen, BOJ intervention suspected ahead of weekend
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar tumbled against the yen on Friday, logging its biggest daily…
Instant view: Dollar falls against yen, markets suspect intervention
TOKYO (Reuters) – The battered yen jumped against the dollar on Friday, triggering speculation that Japanese authorities may be in…
Explainer-Yen is past key 150 threshold. What’s next?
By Leika Kihara TOKYO (Reuters) – The yen tumbled past the key psychological level of 150 to the dollar for…
Russia poised to largely skirt new G7 oil price cap
By Noah Browning, Dmitry Zhdannikov and Jonathan Saul LONDON (Reuters) -Russia can access enough tankers to ship most of its…
Remy Cointreau to enter perfume market at 5,500 euros a bottle
By Dominique Vidalon PARIS (Reuters) – Known for its prized Louis XIII cognac, Remy Cointreau is entering the luxury fragrance…