DALLAS – It’s a big deal for a big company — Boeing’s nearly $14 billion contract to sell Singapore Airlines 39 planes. Continue Reading Below But is President Donald Trump right that 70,000 or so U.S. jobs will flow from the contract? Depends on how you look at it. Boeing […]
FAN Editor
Asian shares inch higher, but Nikkei breaks winning streak
SEOUL, South Korea – Asian markets were mostly higher Wednesday but Japan’s benchmark Nikkei 225 broke a record winning streak with its first loss in 17 straight trading sessions. Investors are eyeing upcoming corporate earnings reports and U.S. politics for clues about the next Federal Reserve chair. Continue Reading Below […]
Tillerson to meet India’s Modi amid China’s rising influence in Asia
U.S. Secretary of State Rex Tillerson comes down from the plane upon his arrival at Pakistan’s Nur Khan military airbase in Islamabad, Pakistan October 24, 2017. REUTERS/Aamir Qureshi/Pool October 25, 2017 NEW DELHI (Reuters) – U.S. Secretary of State Rex Tillerson will meet Indian Prime Minister Narendra Modi on Wednesday […]
Nissan says orders for new Leaf EV beating expectations
FILE PHOTO: The Nissan company logo is seen on a modified Nissan Leaf, driverless car, during its first demonstration on public roads in Europe, in London, Britain February 27, 2017. REUTERS/Peter Nicholls/File Photo October 25, 2017 TOKYO (Reuters) – Nissan Motor Co <7201.T> has received more than 9,000 orders for […]
South Korea court appoints new defense team for ex-president Park
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 […]
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 […]