Market

Ukraine's president, center, and Colonel-General Valery Geletey, Ukrain's defence minister, second right, examine weapons and amunition captured from pro-Russian militants, during a visit to the army's headquarters

Stagflation for HSBC Means Russian Ruble Seen Weakening

09/07/2014(0)
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the ... Read More
Bank of Japan building

BOJ may slightly cut economic forecast, policy seen steady

09/07/2014(0)
The Bank of Japan may trim its economic growth forecast for the current year next week, sources familiar with its thinking said, reflecting soft exports and a bigger-than-expected slump ... Read More
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Samsung Finds It Costly to Keep Up with China

09/07/2014(0)
We were warned. Samsung Electronics (005930:KS) is facing tougher competition in the No. 1 market for smartphones—China—and has made it clear that no one should expect much from its ... Read More
vatican

Vatican bank chief to step down amid restructure

09/07/2014(0)
The president and four non-executive members of the governing board of the Vatican bank are due to step down. The move, part of a restructure of the Catholic Church’s ... Read More
barclays

Barclays rebuilds top team at investment bank unit

09/07/2014(0)
Barclays has reshuffled its investment banking team, promoting people to senior positions in Asia, Europe and the US to fill gaps created when executives left after it announced a ... Read More
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Profits Vanish in Venezuela After Currency Devaluation

09/07/2014(0)
Brink’s, the armored car company, could see about $400 million in revenue disappear this year from its operations in this country. Procter & Gamble announced a write-down of $275 ... Read More
Slabbee's Ribs & Soul, stand in front of their recently opened take-out rib joint in Detroit, Michigan April 17, 2013.

U.S. small business confidence edges lower, still near six-year high

08/07/2014(0)
U.S. small business sentiment weakened in June, pulling back from a six-year high as firms felt less confident the economy would improve in the coming months. Despite these concerns, ... Read More
Christophe de Margerie, CEO of French oil and gas company Total SA, speaks during an interview with Reuters in Paris

Total CEO keeps costly drilling strategy to end: 2014

08/07/2014(0)
The chief executive of French oil major Total (TOTF.PA) is giving himself until the end of the year to strike oil at a big new field somewhere in the ... Read More
bank-of-communications

Bank of Communications Designated as Clearing Bank for Won-Yuan Trading

08/07/2014(0)
The People’s Bank of China has appointed the Bank of Communications Ltd. as a clearing bank for the direct won-yuan trading in Korea. Chinese President Xi Jinping and his ... Read More
japan australia deal

Australia, Japan sign defense and trade deals

08/07/2014(0)
On Tuesday, Japan’s prime minister Shinzo Abe met with his Australian counterpart to sign agreements aiming to boost defense and trade ties between the countries. The defense deal, which ... Read More
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