Asian shares fall despite strong Wall Street; oil retreats

Asian shares fall despite strong Wall Street; oil retreats
SHANGHAI (Reuters) – Equity markets in Asia faltered on Wednesday amid losses in South Korea and uncertainty over China’s plans for further stimulus as the economy shows signs of regaining its footing. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China February 13, 2019. REUTERS/Stringer... Read More

Asian shares fall despite strong Wall Street; dollar near 22-month high

Asian shares fall despite strong Wall Street; dollar near 22-month high
SHANGHAI (Reuters) – Equity markets in Asia faltered on Wednesday, amid losses in South Korea and worries that China has put any further stimulus on hold as the economy shows signs of regaining its footing. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China February... Read More

Asian shares up after Nasdaq, S&P 500 hit record highs

Asian shares up after Nasdaq, S&P 500 hit record highs
SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province,... Read More

PG&E get approval to pay employees $350 million to meet safety goals after wildfires

PG&E get approval to pay employees $350 million to meet safety goals after wildfires
SAN FRANCISCO (Reuters) – PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safety goals to prevent wildfires, a judge said on Tuesday. FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah... Read More

U.S. congressional leaders query Google on tracking database

U.S. congressional leaders query Google on tracking database
WASHINGTON (Reuters) – The top Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday wrote Google Chief Executive Sundar Pichai raising concerns about reports of a massive database known as Sensorvault containing precise consumer location information on hundreds of millions of devices. FILE PHOTO: The Google logo is pictured at the entrance to the Google offices... Read More

Record highs set by Nasdaq, S&P 500 on upbeat earnings, oil gains

Record highs set by Nasdaq, S&P 500 on upbeat earnings, oil gains
NEW YORK (Reuters) – Global equity markets rallied on Tuesday, with the Nasdaq and S&P 500 indexes setting record closing highs on Wall Street, while European energy shares posted their biggest daily gain since January as crude prices surged. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville... Read More

S&P 500, Nasdaq hit record closing highs on upbeat earnings

S&P 500, Nasdaq hit record closing highs on upbeat earnings
NEW YORK (Reuters) – The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns about a slowdown. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, 2019. REUTERS/Brendan McDermid In Tuesday’s trading the benchmark index... Read More

U.S. accuses pair of stealing secrets, spying on GE to aid China

U.S. accuses pair of stealing secrets, spying on GE to aid China
WASHINGTON (Reuters) – A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China, according to an indictment unsealed by the U.S. Justice Department on Tuesday. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company’s site of its energy branch... Read More

World stocks rally, near U.S. record highs, oil gains

World stocks rally, near U.S. record highs, oil gains
NEW YORK (Reuters) – Global equity markets rallied on Tuesday as the U.S. Nasdaq and S&P 500 stock indexes marched toward record highs, while European energy shares posted their biggest daily gain since January as crude prices surged. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Wall... Read More