Asia shares slip, dollar gains as sterling slides
Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and...
As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff
For much of its 141-year history, Japan’s Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas...
Wall Street slips as bank earnings, Trump trade comments weigh
U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S....
Oil falls as Iran tensions seen easing
Oil prices turned lower on Tuesday, falling more than 3% after U.S. President Donald Trump said progress has been made with Iran, signaling tensions could...
U.S. retail sales data dents stocks, lifts Treasury yields
A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility...
U.S. stocks end lower on concerns about bank earnings, trade
Wall Street stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S....
SEC reaches $60 million settlements involving ex-American Realty executives
Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with...
S&P 500 edges lower after mixed bank earnings, Trump comments
The S&P 500 edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S....
U.S. SEC chief says he has not discussed Libra with Facebook
A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social...
Facebook should not be trusted with ‘crazy’ cryptocurrency plan: senators
Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as untrustworthiness should stand in the way of it...