Business

Japan Shares End Bumper Year On High Note

Japanese shares ended a stellar year with a flourish on Monday, rising to a six-year peak as the yen skidded to fresh lows for a third straight session, again leaving behind other Asian markets. Tokyo's Nikkei .N225 advanced 0.7 percent...

Japan’s Top Business Lobby Agrees To Raise Base Pay Next Year: Media

Japan's most influential business lobby has agreed to raise workers' base pay for the first time in six years as the economy gains momentum and corporate earnings improve, the Asahi newspaper reported on Sunday. Many economists say an increase in...

Japan Auto Makers To Boost Domestic Output Before Sales Tax Hike: Medi

Ask ZiVA 728x90 Ads
Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April, media reported on Sunday. Toyota Motor Corp (7203.T) will increase domestic output in January-March by...

Analysis: After Web Stocks Boom, Investors Wary But Rout Unlikely

For investors in internet stocks, it was a banner year: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring growth in earnings. But the gains haven't been anxiety-free, thanks to uncomfortable memories of the 1999...

Big Year Ends With Wall Street Hopeful For 2014

As Wall Street's best year in more than 15 draws to a close, few are expecting a repeat performance in 2014, though traders have plenty of reasons to feel optimistic. While the market will likely enter January quietly, with many...

Monte Paschi Chairman To Decide In January On Possible Resignation

Alessandro Profumo, chairman of troubled Italian lender Monte dei Paschi di Siena (BMPS.MI), said on Saturday he would decide whether to step down in January. "These are decisions one takes in cold blood and in the right place, I have...

March Of State Companies Resets Global Trading Patterns

As U.S. and European banks drop out of commodity trading, Russian, Chinese and Gulf state firms are filling the gap in an attempt to exert greater control over the pricing of the raw materials on which their economies so...

Swiss Private Bank Lombard Odier Signs Up To U.S. Tax Deal

Lombard Odier & Cie on Friday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through hidden offshore accounts. The Geneva-based bank with...

GM Recalls 1.5 Million Cars In China Over Fuel Pump Bracket

General Motors Co's (GM.N) China joint venture will recall close to 1.5 million vehicles due to potential safety issues in one of the biggest recalls in the world's biggest autos market. Shanghai General Motors Co Ltd, GM's venture with SAIC...

Wall St. Trades Flat; Still On Track For Weekly Gains

Stock indexes barely budged on Friday, taking a break from the rally that has repeatedly pushed stocks to all-time highs this week as investors close out a stellar year for equities. Twitter Inc (TWTR.N), the social media stock, which has...