Japan’s Economy Grows Faster Than Expected

Japan’s economy expanded at a faster-than-expected rate between July and September, due to higher exports. Gross domestic product rose at an annualized rate of 2.2% in the three months to September, the third consecutive quarter…


Dollar Rises to Nine-Month High

The US dollar approached its highest since February on speculation that fiscal-stimulus under President-elect Donald Trump will bolster US growth and drive inflation, prompting the Federal Reserve to increase interest rates. The dollar index was…



Toyota in $3.4 Billion Settlement

Toyota Motor Corp has agreed to a settlement of up to $3.4 billion for a federal class action brought by U.S. owners of pickup trucks and SUVs whose frames could rust through, plaintiffs lawyers have…


Blackberry Will Make One More Phone

BlackBerry is set for one final hurrah in the smartphone market after the company revealed it is planning a new device. John Chen, the Canadian company’s CEO, confirmed that BlackBerry still has one more trick…


Foxconn Profit Declines

Foxconn Technology Group, the main manufacturer of Apple Inc. devices, posted an 8.7% decline in third-quarter profit, weighed down by recently acquired Japanese electronics maker Sharp Corp. Losses at Sharp were a drag on what…


US Oil Price At $44.66 Per Barrel

Oil prices settled more than 1 percent lower on Thursday as markets recovered from shock over US President-elect Donald Trump’s victory and focused on oversupply concerns, as well as whether OPEC will decide later this…


How did Alibaba make $5 Billion in 1 Hour

Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual ‘Singles’ Day’ sales blitz on Friday – a third more than…


US stocks turn higher after Trump victory

Stocks rallied on Wednesday following a chaotic night in markets that ended with a surprise victory for Donald Trump in the US presidential election The Nasdaq index was 1.1% higher at 5,251.07 points, the Dow Jones…