Economy

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was perched at an over two-month high against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with…

By Stella Qiu SYDNEY (Reuters) – Asian stocks were mostly higher on Tuesday, supported by a strong Wall Street close and investor optimism about corporate earnings, while the dollar held…

Investing.com– China’s Ministry of Finance over the weekend outlined hotly awaited fiscal stimulus policies intended to help support the economy, with analysts noting that while the signaling was positive, the…

By Mike Scarcella (Reuters) -Insurer Blue Cross Blue Shield has agreed to pay $2.8 billion to resolve antitrust class action claims by hospital systems, physicians and other health providers alleging…

MIAMI (Reuters) – Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association’s…

(Reuters) -CoverGirl parent Coty (NYSE:COTY) on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its shares down 6% in after-market…

(Reuters) -Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday. The…

By Alden Bentley (Reuters) – A look at the day ahead in Asian markets.  While Chinese shares did not quite know how to react to Beijing’s weekend stimulus update, Wall…

By Ann Saphir Palo Alto, California (Reuters) -Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor…