Bond yields, stock prices supported ahead of central bank meetings

Bond yields, stock prices supported ahead of central bank meetings
TOKYO (Reuters) – Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings. FILE PHOTO: Men are reflected on an electronic board showing the Nikkei stock index outside a brokerage in Tokyo,... Read More

Bond yields, stock prices supported ahead of central bank meetings

Bond yields, stock prices supported ahead of central bank meetings
TOKYO (Reuters) – Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings. FILE PHOTO: Men are reflected on an electronic board showing the Nikkei stock index outside a brokerage in Tokyo,... Read More

Brokerage Charles Schwab says to cut about 600 jobs

Brokerage Charles Schwab says to cut about 600 jobs
FILE PHOTO: A Charles Schwab office is shown in Los Angeles, California January 29, 2016. REUTERS/Mike Blake/File Photo (Reuters) – Discount brokerage company Charles Schwab Corp (SCHW.N) is cutting about 600 jobs after an internal review, a company spokeswoman confirmed on Tuesday. “Impacted positions span all staffing grades, as well as organizations and locations across the company,” the spokeswoman said... Read More

Airlines see new government in Venezuela as key to repayment of debt: IATA

Airlines see new government in Venezuela as key to repayment of debt: IATA
FILE PHOTO: People walk at Simon Bolivar airport in Caracas, Venezuela July 2, 2018. REUTERS/Marco Bello PANAMA CITY (Reuters) – International airlines are pinning their hopes on a change of government in Venezuela before some $4 billion owned to the firms by the state might be repaid, a top executive with the International Air Transport Association (IATA) said on Tuesday.... Read More

WeWork presses on with IPO, pushing SoftBank into a corner

WeWork presses on with IPO, pushing SoftBank into a corner
(Reuters) – Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group (9984.T), with a stark choice: take a haircut or pony up even more cash. The We Company, WeWork’s parent, may seek a valuation as low as $15 billion to $18 billion in... Read More

Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney

Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney
CUPERTINO, Calif. (Reuters) – Apple Inc (AAPL.O) on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix. CEO Tim Cook presents the new iPhone 11 Pro at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam The announcements came... Read More

Wall Street mixed as investors flee growth for value

Wall Street mixed as investors flee growth for value
NEW YORK (Reuters) – The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 9, 2019. REUTERS/Brendan McDermid Industrials... Read More