Japan’s Olympus To Sell Microscope Unit To Bain For $3 Billion
TOKYO (Reuters) – Olympus Corp said on Monday it had agreed to sell its microscope unit to private equity firm…
Stocks Weak, Dollar Hot As Rate Fever Strikes Bonds
By Wayne Cole SYDNEY (Reuters) – Asian shares slid on Monday as a mounting risk of more aggressive rate hikes…
Fortescue Posts 40% Profit Drop On Weak Iron Ore Prices, China Slowdown
By Praveen Menon and Sameer Manekar (Reuters) -Australian miner Fortescue Metals Group Ltd said on Monday its annual profit fell…
Asian stocks after Wall St pullback on Fed inflation stance
BEIJING (AP) — Asian stocks were mixed Tuesday after Wall Street fell following last week’s Federal Reserve pledge to fight…
Oil Climbs On OPEC Supply Cut Prospect, Demand Growth
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose 1% on Monday, as expectations OPEC will cut output if needed…
Stocks Extend Slide, Dollar Climbs On Rate Hubbub
By Wayne Cole SYDNEY (Reuters) – Asian shares slid on Monday as the mounting risk of more aggressive rate hikes…
Dollar Gains As Investors Brace For Higher Rates
By Rae Wee SINGAPORE (Reuters) – The U.S dollar extended its rally on Monday, hitting a five-week high on the…
Bank Of Korea’s Rhee Says Policy Tightening Unlikely To End Before Fed
By Howard Schneider, Ann Saphir and Cynthia Kim JACKSON HOLE, Wyo./SEOUL (Reuters) -The Bank of Korea (BOK) must keep raising…
Australia’s Fortescue Annual Profit Falls 40% On Weak Iron Ore Prices
(Reuters) -Australian miner Fortescue Metals Group Ltd on Monday said its annual profit fell 40% as weaker iron ore prices…
Powell’s ‘pain’
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Pivot? What pivot? Fed chief Jerome…