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Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades.Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country for companies to do business in" as part of his economic revival plan, which so far has been largely met with approval. The stock market has rallied 45 percent this year and Abe's approval ratings are around 70 percent.Abe gave further hints on Friday about government plans to be unveiled in a longer-term economic growth strategy, referring to tripling infrastructure exports and doubling farm exports.But a month before that strategy is due to be unveiled, his efforts to ramp up inbound foreign direct investment (FDI) are showing little indication a trickle of foreign investment will turn into a tide."Over the last five years, 90 percent of my work has been outbound deals," said Ken Lebrun, chair of the FDI committee at the American Chamber of Commerce in Ja...
Treasury prices were mostly higher Friday ahead of a University of Michigan consumer-sentiment index reading. The index is expected to increase to 77.5 in May from 7...
Japanese Prime Minister Shinzo Abe, unveiling the latest tranche of his growth strategy on Friday, set targets to triple infrastructure exports, double sales of agri...
State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale.The bank, which on Friday posted first-quar...
Treasurys ended higher for the second day in a row after a batch of four disappointing economic reports pushed investors into the safety of the government bond marke...
A trio of hawkish regional Federal Reserve officials are calling for the central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing ...
Four weak economic reports from the U.S. gave a lift to Treasury prices on Thursday.The benchmark 10-year Treasury note yield (10_YEAR) fell 7 basis points to 1.870%...
More people will likely fly this summer compared with a year ago as U.S. airlines gain a record level of international passengers, an industry association said on Th...
A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the hou...
The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring s...
Cisco Systems Inc. (CSCO) shares rose as much as 14% Thursday and hit their highest level since November 2010 after the network-technology giant gave an upbeat view ...
Financial stocks were down on Thursday, as weekly unemployment claims surged to the highest level in six weeks, dampening optimism for economic growth. The Financial...
A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or cons...
Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's...
Treasurys extended a price drop Friday on better-than-expected consumer sentiment data, pushing bond yields higher for the third straight week.Prices fell after the ...
In an effort to take a pulse of U.S. small businesses and entrepreneurs at the local level, over the last year Dell conducted a nine-city small business “Think Tank” tour. Here are the findings.
The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low ...
A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks a...
A measure of future U.S. economic growth dipped last week, while the annualized growth rate also pulled back, a research group said on Friday.The Economic Cycle Rese...
Treasurys traded down on Friday ahead of a University of Michigan consumer-sentiment index reading.The benchmark 10-year note (10_YEAR) yield, which moves inversely ...
