Search results

Results 1 - 20 of 7301
  • Wall Street edges higher to give Dow 11th straight record

    NEW YORK (Reuters) -- Wall Street edged higher on Friday, with the Dow extending its streak of record-setting gains to 11 days, as increases in utilities and other safety plays outweighed declines in financials.Major Wall Street indexes have rallied

    February 25, 2017 07:11 am JST
  • Good price for memory business key to Toshiba turnaround

    TOKYO -- Now that Toshiba has detailed plans to split off its semiconductor memory operations into a distinct company, its next challenge will be securing a price for the business that will offset heavy losses elsewhere and propel its turnaround.The

    February 25, 2017 05:55 am JST
  • Greg Priddy

    Oil market rebalancing -- the beginning of the end

    Since the second half of 2014, the world oil market has been on a roller coaster, as excessive global oil supply has proved to be very persistent. Demand growth has been reasonably good, with global growth in 2015 and 2016 above the recent trend lin

    February 24, 2017 07:00 pm JST
  • Big in Asia but World Baseball Classic still seeks US home run

    The 2017 World Baseball Classic -- a popular international sporting event created by U.S.-based Major League Baseball -- will get underway in March amid its struggles to achieve the same worldwide recognition as the annual American World Series.The

    February 24, 2017 07:00 pm JST
  • Trump calls Chinese 'grand champions' of currency manipulation

    WASHINGTON (Reuters) -- President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practice

    February 24, 2017 11:40 am JST
  • Trump eyes boosting missile defense for Japan, South Korea over North Korea

    WASHINGTON (Kyodo) -- U.S. President Donald Trump said Thursday he is "very angry" at North Korea's ballistic missile test earlier this month, and that boosting a missile defense system for Japan and South Korea is among the options to counter provo

    February 24, 2017 10:55 am JST
  • Upset at Trump, Mexico voices 'worry and irritation' to U.S. envoys

    MEXICO CITY (Reuters) -- Mexico on Thursday expressed "worry and irritation" about U.S. policies to two of President Donald Trump's top envoys, giving a chilly reply to the new administration's hard line on immigration, trade and security.The U.S. g

    February 24, 2017 07:16 am JST
  • S&P 500 inches up after Trump jobs pledge

    NEW YORK (Reuters) -- U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.At a meeting with abou

    February 24, 2017 06:46 am JST
  • Trump again vows to bring back US jobs, but offers few details

    WASHINGTON (Reuters) -- President Donald Trump told about two dozen chief executives of major U.S. companies on Thursday he plans to bring millions of jobs back to the United States, but offered no specific plan on how to reverse a decades-long decl

    February 24, 2017 05:37 am JST
  • Mitsubishi UFJ expands in US with online banking

    TOKYO -- Japan's Mitsubishi UFJ Financial Group will move into online retail banking in the U.S., where it seeks to build its foothold into a base for challenging local and European rivals.The new online bank, PurePoint Financial, will begin offerin

    February 24, 2017 02:30 am JST
  • UN Ballast-water convention to take effect in September

    TOKYO -- An international convention regulating ballast water, which ships with little or no cargo take on or discharge to maintain stability, takes effect in September. The treaty could be costly for owners of large freighters, among others, as the

    February 23, 2017 05:00 pm JST
  • Westinghouse delays Georgia reactor construction

    NEW YORK -- Major U.S. electric utility provider Southern Co. has said there will be a three- to six-month delay in the construction of two reactors by Westinghouse Electric, the American nuclear power unit of embattled Japanese conglomerate Toshiba

    February 23, 2017 02:50 pm JST
  • Where did Toshiba go wrong, and where does it go now?

    TOKYO -- Toshiba is on the brink of disintegration.One of Japan's leading electronics makers, the company failed what should have been a routine task: release its April-December earnings as scheduled in February. That was just the tip of the iceberg

    February 23, 2017 02:00 pm JST
  • Where did Toshiba go wrong, and where does it go now?

    TOKYO Toshiba is on the brink of disintegration.One of Japan's leading electronics makers, the company failed what should have been a routine task: release its April-December earnings as scheduled in February. That was just the tip of the iceberg. L

    February 23, 2017 10:00 am JST
  • Indian generics companies are under pressure in the US

    NEW DELHI India's largest drug manufacturers have hit a roadblock in the U.S. market due to fierce price competition. And things may go from bad to worse if U.S. President Donald Trump realizes his protectionist vision.The biggest company of the bun

    February 23, 2017 10:00 am JST
  • 'Second brother' stereotype fits Toshiba to a T

    BANGKOK Japanese investors have long regarded Toshiba as a typical "second-eldest brother."A stereotype in Japan contends that the second son in a family lacks drive and discipline. He is thought to be nice and easygoing but weak, relying on the pro

    February 23, 2017 10:00 am JST
  • Toshiba's Westinghouse mess points to deep cultural problems

    TOKYO In January, as talk of a financial crisis at Toshiba reached a fever pitch, the Toshiba booth at the CES, a consumer electronics show in Las Vegas, Nevada, did little to inspire confidence. There was its familiar "TOSHIBA" logo in big red lett

    February 23, 2017 10:00 am JST
  • China leads demand in a complex nuclear industry

    TOKYO One major driving force behind the expansion of Toshiba's nuclear power plant business is the growing demand for electricity in Asia.According to the World Nuclear Association, 99 of 447 nuclear power plants operating in the world are in the U

    February 23, 2017 10:00 am JST
  • North Korea gives China and the US an excuse to mend fences

    BONN, Germany In their first meeting since the election of U.S. President Donald Trump, top American and Chinese diplomats sought to ease the tensions stirred up by the new commander-in-chief's combative stance toward Beijing. The common concern bri

    February 23, 2017 10:00 am JST
  • Pangestu and Nellor: The world is getting RCEP all wrong

    The Regional Comprehensive Economic Partnership appears to have been hijacked by pundits developing a "U.S. vs. China" narrative to explain the state of play in global trade. However, it is simply wrong to position RCEP as a Chinese-led competitor t

    February 23, 2017 10:00 am JST