Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.
Toyota Motor Corp's labour union plans to seek an average pay rise of 10,100 yen (US$91.98) per month in wage negotiations this year, public broadcaster NHK reported on Thursday, 600 yen less than the increase granted last year.
The initial trade deal between Washington and Beijing is unlikely to provide a significant boost to the U.S. economy and will only reduce the downside risk or at best help activity moderately, a Reuters poll showed.
British employers offered their staff a median annual pay settlement of 2.2per cent in the three months to December, down from 2.6per cent in the three months to November, industry data showed on Thursday.
Britain's regulators should have a formal role after Brexit to keep the financial sector globally competitive and less prone to "gold-plating" international norms, an industry think tank said on Thursday.
European Central Bank President Christine Lagarde is set to launch a broad review of its policy on Thursday that is likely to see her redefine the ECB's main goal and how to achieve it.
NEW YORK: Wall Street had a mostly flat day on Wednesday (Jan 22), with markets little moved either by strong earnings or a rising death toll blamed on a virus from China. The Dow Jones Industrial Average fell 9.77 points (0.03 per cent) to 29,186.27. The S&P 500 gained 0.96 points (0.03 per...
U.S. pipeline operator Kinder Morgan Inc reported a 26per cent rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.
Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman-elect, entrusting the former Australia and New Zealand Banking Group boss to help steer it through the fallout of a massive money-laundering scandal.
Prosecutors in Canada on Wednesday proposed a US$196.5 million (CAD) (US$258.3 million) fine against Volkswagen AG after the company pleaded guilty to dozens of counts of diesel emissions violations, a company spokesman confirmed.
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