SYDNEY (Reuters) – Australia is preparing criminal cartel charges against the country’s third-biggest bank and underwriters Deutsche Bank and Citigroup over a $2.3 billion share issue, in an unprecedented move with potential implications for global capital markets.
BEIJING (Reuters) – Factory growth in Asia’s major manufacturing hubs showed signs of cooling last month as they braced for a rocky ride from rising global trade tensions, while the region’s key emerging markets grappled with accelerating inflation and a strong dollar.
BALOCCO, Italy (Reuters) – Fiat Chrysler boss Sergio Marchionne is expected to show on Friday how the carmaker plans to fix lagging margins in Europe, grow Jeep into a global giant and catch up in electric and self-driving cars – all without him in the driving seat.
(Reuters) – ICICI Bank Ltd said on Friday Chief Executive Officer Chanda Kochhar is on planned annual leave and denied a media report that she was asked to go on leave until an independent board enquiry is concluded.
TOKYO (Reuters) – Asian equities recovered from early weakness on Friday as a lower yen supported Japanese stocks and firm exports boosted South Korean markets. Still, rekindled concerns about U.S. trade policies limited regional gains.
FOX Business’ Lou Dobbs says President Trump’s endless, boundless energy has propelled his presidency to accomplish more than any president has in modern history. …read more […]
WASHINGTON (Reuters) – U.S. job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage gains are expected to have remained marginal, pointing to moderate inflation pressures in the economy.
(Reuters) – Airbus faces an unprecedented challenge in ramping up production to meet 2018 delivery targets following engine delays, and must eventually overhaul a manufacturing system that belongs to a “bygone age,” the jetmaker’s new president told staff on Friday.
TOKYO (Reuters) – Asian equities shook off earlier weakness on Friday, as a softer yen supported Japanese stocks and firm export data drove South Korean markets higher, although rekindled concerns about U.S. protectionist trade policies limited gains.
(Reuters) – Airbus faces an unprecedented challenge in ramping up production to meet 2018 delivery targets following engine delays and must eventually overhaul an outdated manufacturing system, the planemaker’s new president told staff on Friday.
SYDNEY (Reuters) – Australian banking was in shock on Friday as No. 3 lender Australia and New Zealand Banking Group Ltd faced criminal cartel charges over a $2.3 billion share issue, along with underwriters Deutsche Bank and Citigroup.
SYDNEY (Reuters) – Citigroup on Friday denied allegations of criminal cartel conduct expected to be laid by Australian prosecutors over its involvement in a $2.3 billion share issue it underwrote for Australia and New Zealand Banking Group Ltd in 2015.
May.31 — Theresa Barger, chief executive officer at Cartica Management, discusses the trade tensions between the U.S. and China and the potential for a trade war. She speaks on “Bloomberg Daybreak: Asia.” …read more […]
TOKYO (Reuters) – Asian equities sagged on Friday as worries about U.S. trade policy hit global financial markets, which were already shaken this week by political turmoil in Italy.
A Goldman Sachs vice president was arrested Thursday in California on insider-trading charges filed in a New York court. Woojae Jung awaited a court appearance in federal court in San Francisco to face six counts of securities fraud and a conspiracy charge. Jung, who lives in San Francisco, was accused in court papers of trading the securities of a dozen companies based on inside information. …read more […]
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