Current Market News

Reuters: Business News

China says can resolve trade disputes with new U.S. government

Jan 19 2017
BEIJING (Reuters) - China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump.

Samsung chief allowed home, prosecutor vows to keep chasing

Jan 19 2017
SEOUL (Reuters) - A South Korean court on Thursday denied a special prosecutor clearance to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.

China willing to work with new U.S. administration to promote healthy ties: commerce ministry

Jan 19 2017
BEIJING (Reuters) - China is willing to work with the new U.S. administration to promote healthy China-U.S. ties, the commerce ministry said on Thursday in Beijing.

Toshiba U.S. nuclear business loss may be as much as $6.1 billion: Kyodo

Jan 19 2017
TOKYO (Reuters) - Toshiba Corp could post a 700 billion yen ($6.1 billion) loss at its U.S. nuclear reactor business, much bigger than the 500 billion yen it had earlier flagged to investors, Kyodo news agency reported.

Exclusive: Pentagon, Lockheed near deal on $9 billion F-35 contract - sources

Jan 19 2017
WASHINGTON (Reuters) - The U.S. Department of Defense and Lockheed Martin Corp are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time, people familiar with the talks said Wednesday.

Takata's remaining bidders to seek court-led turnaround in Japan: Nikkei

Jan 19 2017
TOKYO (Reuters) - Takata Corp's two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled auto parts maker, the Nikkei business daily reported on Thursday.

Asian shares down, dollar jumps on Yellen's rate hike signal

Jan 19 2017
TOKYO (Reuters) - Asian shares edged lower on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen hinted that interest rates in the United States could rise quickly this year.

Indian government wants Apple, but not all officials are biting

Jan 19 2017
NEW DELHI (Reuters) - Some Indian officials have baulked at Apple's demands for concessions before it assembles iPhones there, raising doubts about a spring deadline to launch a key project in Prime Minister Narendra Modi's campaign to lure foreign investors.