[ad_1] TOKYO (Reuters) – The Bank of Japan kept monetary policy steady on Thursday but signaled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning
Apples rot in Kashmir orchards, as lockdown puts economy in tailspin
[ad_1] SOPORE, India (Reuters) – It’s harvest time, but the market in the northern Kashmiri town of Sopore – usually packed with people, trucks and produce at this time of year – is empty, while
Global Markets: Stocks reverse losses, Treasury yields dip following remarks by Fed’s Powell
[ad_1] NEW YORK (Reuters) – The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Powell tempered the market’s initial
Global Markets: Asian shares edge higher after Fed, investors await BOJ
[ad_1] TOKYO (Reuters) – Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping
Purdue Pharma seeks to halt opioid suits against company, Sacklers
[ad_1] (Reuters) – OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel
Analysis: Repo chaos tests Wall Street confidence in NY Fed’s Williams
[ad_1] (Reuters) – Wild swings this week in U.S. money markets have raised fresh concerns about whether the New York Federal Reserve under John Williams has lost its deft touch with markets. FILE PHOTO: John
Fed pumps more cash as key rate breaks above target
[ad_1] NEW YORK (Reuters) – The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market
S&P 500 ends slightly higher after Fed gives mixed signals
[ad_1] (Reuters) – The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected, but gave mixed signals about their next move.
Microsoft approves $40 billion share repurchase program
[ad_1] FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday its board had approved a new share repurchase programme
Airbus revises up jet demand, warns of ‘lose-lose’ tariff war
[ad_1] LONDON (Reuters) – Airbus warned of the risks of a ‘lose-lose’ transatlantic tariff war on Wednesday as it raised forecasts for jetliner demand over the next 20 years, led by the new industrial hubs