FILE PHOTO: South Korean ousted leader Park Geun-hye arrives at a court in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji October 25, 2017 SEOUL (Reuters) – A South Korean court on Wednesday assigned five state attorneys to defend disgraced former president Park Geun-hye, following her defense team’s resignation last […]
FAN Editor
Asian shares edge up, Nikkei snaps 16-day winning streak
A man is reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato October 25, 2017 By Lisa Twaronite TOKYO (Reuters) – Asian shares edged higher on Wednesday, while U.S. Treasury yields and the dollar got a lift following a report that […]
Paul Manafort faces new money laundering probe by US attorney’s office in NY: source
The U.S. attorney for the Southern District of New York in Manhattan has opened an investigation into possible money laundering by former Trump campaign chairman Paul Manafort, a source with direct knowledge of the situation has confirmed to ABC News. A spokesperson for Manafort declined to comment to ABC News […]
Toyota confirms scaling back of Mexico plant for truck needs
TOKYO – Toyota Motor Corp. is confirming a planned Mexico auto plant is being scaled back, but a top executive says the decision is because of market needs and not a political move. Continue Reading Below The investment for the Guanajuato plant, set to be running in 2019, will go […]
Coal-export terminal backer sues state over permit denial
SEATTLE – A company proposing to build a terminal in Washington state to export U.S. coal to Asia sued the state Tuesday, arguing regulators unfairly denied the project a key permit. Continue Reading Below Millennium Bulk Terminals-Longview’s lawsuit claims the state Department of Ecology violated federal and state laws when […]
Goldman plans private equity expansion to help offset trading funk
Goldman Sachs is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters. Continue Reading Below Goldman’s investment bank, which typically focuses on advising large companies on mergers and raising […]
China unveils new leadership line-up, no obvious Xi successor
Chinese President Xi Jinping (L) and former Chinese President Jiang Zemin are seen during the closing session of the 19th National Congress of the Communist Party of China at the Great Hall of the People, in Beijing, China October 24, 2017. REUTERS/Jason Lee TPX IMAGES OF THE DAY October 25, […]
Oil hovers near four-week high on Saudi pledge to end glut
FILE PHOTO – A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo. REUTERS/Stringer/File Photo October 25, 2017 By Osamu Tsukimori TOKYO (Reuters) – Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier […]
Japan advisers propose delaying primary surplus target to after FY2020
FILE PHOTO – A man runs past the Bank of Japan (BOJ) building in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo October 25, 2017 By Takaya Yamaguchi and Takashi Umekawa TOKYO (Reuters) – Influential private-sector members of Japan’s top advisory panel will propose on Thursday that the government delay […]
Puerto Rico, Whitefish defend controversial power contract
Puerto Rico and Whitefish Energy Holdings on Tuesday defended their $300 million contract for the small Montana company to repair the U.S. territory’s hurricane-ravaged power grid after the deal was criticized by U.S. lawmakers. Continue Reading Below The back-and-forth comes as Puerto Rico struggles to restore power to more than […]