News Archive for December 7, 2016

  • SoftBank Chief’s Meeting With Donald Trump Fuels Hopes of Megadeal

    SoftBank Chief’s Trump Meeting Fuels Hopes of Megadeal Shares of Japanese telecom giant SoftBank rose 6.2% after CEO Masayoshi Son met Donald Trump, reviving hopes for a megadeal in the U.S.

  • The Real Art Behind Trump-SoftBank $50 Billion Deal

    Heard on the Street The Real Art Behind the Trump-SoftBank $50 Billion Deal SoftBank’s big U.S. investment plan likely would have happened even without the input of the president-elect. Mr. Trump took credit anyway.

  • In Surprise Move, India’s Central Bank Leaves Key Interest Rate Unchanged

    In Surprise Move, India’s Central Bank Leaves Interest Rates Unchanged The Reserve Bank of India left its main interest rate unchanged on Wednesday, even as the cash crunch that is currently gripping Asia’s third-largest economy looks set to hit growth and drag down inflation.

  • Banks Lead Shares Higher

    Banks Lead Shares Higher While Italy’s referendum remains in focus, hopes for a resolution have pushed up financial stocks around the world.

  • Credit Suisse Trims Targets but Says Revamp Is Working

    Credit Suisse Trims Targets but Says Revamp Is Working Credit Suisse Group sought to reassure skeptics that the Swiss bank’s overhaul is on track thanks in part to deeper cost cuts, even as it lowered profit targets issued last year.

  • Asia Stocks Higher, Australia Bucks Negative Growth Report

    Asia Stocks Higher, Australia Bucks Negative Growth Report Asian shares were broadly higher, catching a lift from gains in the U.S. and as a weak Japanese yen helped exporters’ stocks on the Nikkei.

  • Shell Set to Develop Major Oil Field in Iran

    Shell Set to Develop Major Oil Field in Iran Royal Dutch Shell will agree on Wednesday to develop a major Iranian oil field, according to the country’s oil ministry, suggesting energy companies won’t let Donald Trump’s pledge to undo the Iran nuclear deal deter them from investing.

  • Earthquake Rocks Indonesia’s Aceh

    Earthquake Rocks Indonesia’s Aceh A 6.5-magnitude earthquake early Wednesday shook the Indonesian province of Aceh, where in 2004 a tsunami triggered by one of the most powerful earthquakes ever recorded killed more than 150,000 people.

  • South Korea to File Criminal Complaints Against Volkswagen Over Emissions Claims

    South Korea to Slap Fine, File Criminal Complaints Against VW South Korea’s trade regulator will file criminal complaints against Volkswagen and five of its executives and impose a heavy fine on the German auto maker over advertising claims that its cars met emissions regulations.

  • Apple Supplier Foxconn Plans Expansion in U.S.

    Apple Supplier Foxconn Plans Expansion in U.S. Foxconn Technology Group, which manufactures Apple’s iPhone and other products, is in talks to expand in the U.S., though the size and scope of any investment hasn’t been determined.

  • Indonesia Earthquake Kills at Least 54 People

    At Least 54 Dead in Indonesia Quake A strong undersea earthquake rocked Indonesia’s Aceh province early Wednesday, killing at least 54 people and sparking a frantic rescue effort in the rubble of dozens of collapsed and damaged buildings.

  • Photos of the Day: Asia

    Photos of the Day: Asia A Naga man performs at the annual Hornbill Festival in northeastern India, rainbow-hued lion statues draw attention in Hong Kong, and more.

  • Presidential Aircraft Have Been in the Spotlight for High Costs Before

    Presidential Aircraft Are No Strangers to Controversy The fleet of planes and helicopters shuttling the U.S. president to major events are among the world’s most high-profile flying machines, but they have also been in the spotlight for their high cost.

  • Pepper...and Salt

    Pepper...and Salt Pepper...and Salt

  • What’s News: Business & Finance

    What’s News: Business & Finance What’s News: Business & Finance

  • What’s News: Business & Finance

    What’s News: Business & Finance What’s News: Business & Finance

  • A U.S. Weather Tradition Takes the British Isles by Storm

    A U.S. Weather Tradition Takes the British Isles by Storm The U.K. and Ireland are now naming the tempests that roll across the region, basing their system on the U.S. National Hurricane Center’s conventions. But in such temperate climates, what qualifies as a storm?

  • What’s News: World-Wide

    What’s News: World-Wide What’s News: World-Wide

  • What’s News: Business & Finance

    What’s News: Business & Finance What’s News: Business & Finance

  • What’s News: World-Wide

    What’s News: World-Wide What’s News: World-Wide

  • What’s News: World-Wide

    What’s News: World-Wide What’s News: World-Wide

  • Women Face 20% Higher Health-Care Costs in Retirement, Survey Finds

    Women Face 20% Higher Health-Care Costs in Retirement, Survey Finds When it comes to saving for health-care costs in retirement, women need to set aside more—almost 20% more, on average—to cover their medical bills in the final years of their lives, according to a survey released Wednesday.

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