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100 Articles About weak

companyNews reuters.com

Disappointing HSBC update, weak miners keep FTSE in the red

MILAN, Feb 20 (Reuters) - The UK's top share index inched lower on Tuesday, weighed down by a disappointing update from banking heavyweight HSBC and declines in big mining stocks on metal price weakness.

businessNews reuters.com

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints: Nikkei

TOKYO (Reuters) - Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.

companyNews reuters.com

PRECIOUS-Gold prices inch up on weaker dollar

Feb 19 (Reuters) - Gold prices edged up on Monday on a softer U.S. dollar and as investors bought the yellow metal as a hedge against inflation. FUNDAMENTALS * Spot gold rose 0.2 percent to $1,350.51 an ounce at 0120 GMT. It hit a three-week high oft $1,361.76 on Friday. * The metal rose 2.4 percent last week, its best weekly gain since the week ended Sept. 1. * U.S. gold futures slipped 0.2 percent to $1,353.10 per ounce. * The dollar index , w

United States International Relations nytimes.com

News Analysis: U.S. Revives Concerns About European Defense Plans, Rattling NATO Allies

After pressing European nations to spend more on their security, Americans now worry that their projects could weaken the Atlantic alliance and block U.S. defense contractors from deals.

worldNews reuters.com

Second Afghan governor defies President Ghani

MAZAR-I-SHARIF, Afghanistan (Reuters) - A second Afghan provincial governor defied an attempt by President Ashraf Ghani to remove him on Sunday, deepening a political crisis that has underlined the weakness of the Western-backed government in Kabul.

cnn.com

Anderson Cooper: Indictments don't clear Trump

CNN's Anderson Cooper explains how President Donald Trump's case that the Russia investigation is a hoax has been weakened by special counsel Robert Mueller's indictment of 13 Russian nationals and three Russian entities for allegedly meddling in the 2016 presidential election.

businessNews reuters.com

Asian shares extend recovery into fifth day, dollar weak

TOKYO (Reuters) - Asian shares extended their recovery from two-month lows into a fifth day on Friday as the Wall Street market volatility gauge fell, while the U.S. dollar was undermined by various worries including rising inflation.

companyNews reuters.com

GLOBAL MARKETS-Stocks climb, shrugging off inflation data; dollar falls

* Dollar weakens to 15-month low vs yen despite rising yields

companyNews reuters.com

UPDATE 7-Oil mixed, Brent eases on U.S. dollar weakness, WTI edges higher

* Saudi Arabia would rather see tight market than end cuts early

companyNews reuters.com

UPDATE 1-Forex trading up sharply in 2018 as volatility returns

LONDON, Feb 15 (Reuters) - Foreign exchange trading volumes have risen sharply since the start of this year, new data showed on Thursday, as investors ramped up bets on a weaker dollar and uncertainty about the end of the era of cheap money stoked volatility.

companyNews reuters.com

FX trading volumes rise sharply in Jan, early Feb - CLS

LONDON, Feb 15 (Reuters) - Foreign exchange trading volumes jumped 24 percent in January from a year earlier, data from CLS showed on Thursday, as investors ramped up bets on a weaker dollar and uncertainty about the end of the era of cheap money stoked volatility.

worldNews reuters.com

Afghan Taliban say they want to end war through dialogue

KABUL (Reuters) - The Taliban said on Wednesday, in a rare statement to the American people, they wanted to end Afghanistan's 17-year war through talks, while warning the message should not be seen as a sign of weakness and the fight against U.S. forces would go on.

companyNews reuters.com

METALS--Copper rises for a 4th day to a 10-day high on weaker dollar, growth outlook

MELBOURNE, Feb 15 (Reuters) - London copper rose for a fourth day to the highest in 10 days on Thursday, supported by a decline in the dollar and robust prospects for global growth. FUNDAMENTALS * London Metal Exchange copper rose by 0.3 percent to $7,186.50 a tonne by 0245 GMT. Prices have risen for a fourth straight session, gaining 6.4 percent during this period. Copper earlier climbed as high as $7,195, the highest since Feb. 5. * SHFE: The Shanghai Futures Exchange was

Politics and Government nytimes.com

Jacob Zuma’s Legacy Is a Weakened South Africa

Jacob Zuma’s legacy includes a series of scandals, increased corruption, few successes and a loss of faith in Nelson Mandela’s party.

Peru nytimes.com

Peru Moves to Protect ‘One of the Last Great Intact Forests’

While the United States may be weakening protections for wilderness, the creation of Yaguas National Park protects millions of acres from development and deforestation.

companyNews reuters.com

EMERGING MARKETS-Emerging stocks, FX sail higher ahead of US inflation

LONDON, Feb 14 (Reuters) - Emerging stocks extended their rally for a third day and a weaker dollar lifted currencies ahead of a key U.S. inflation report on Wednesday while South Africa investors were poised for the next twist in the saga over President Jacob Zuma's future.

companyNews reuters.com

Oil stable on weaker dollar and healthy economic growth, but pockets of oversupply linger

* But physical crude falls as exporters compete for customers

Libel and Slander nytimes.com

Contributing Op-Ed Writer: Trump Wants British Libel Laws. America Does Not.

Donald Trump sees the Constitution’s First Amendment as too permissive and seeks to import Britain’s weak libel laws.

New York City Ballet nytimes.com

A Peter Martins Ballet Loses Peter Martins, and a Slap

Peter Martins is not being erased from City Ballet, which he retired from amid accusations of harassment and abuse. But his “Romeo + Juliet” is being tweaked.

businessNews reuters.com

U.S. stocks selloff: Will machines make it worse?

NEW YORK (Reuters) - Machine-guided, numbers-obsessed fund managers could cause U.S. stock prices to weaken further as they adjust to the return of wild gyrations in global markets.

healthNews reuters.com

Teva warns on 2018 profit, may face migraine drug delays

TEL AVIV (Reuters) - Teva Pharmaceutical Industries on Thursday said its 2018 results would be weaker than expected and that it might encounter delays for an important new migraine drug, pushing the drugmaker's shares down more than 9 percent.

New York Fashion Week nytimes.com

‘Nothing Says Chic Like Matching Your Drink to Your Dress’

Lela Rose tweaks the traditional trunk show, mingling frocks with cocktails and canapés in an intimate at-home soiree.

PersonalFinance reuters.com

U.S. stock, bond fund inflows slowed in week before steep selloff

NEW YORK (Reuters) - U.S. fund investors' appetite for stocks and fixed income weakened sharply last week ahead of the largest decline in the benchmark S&P 500 in more than six years, Investment...

businessNews reuters.com

Jittery world stocks clamber off two-month lows

LONDON (Reuters) - World stocks clawed their way back from two-month lows on Wednesday, though momentum was weak and U.S. futures suggested Wall Street could lapse back into losses after rebounding from the biggest selloff in six years.

businessNews reuters.com

Toyota posts 54 percent jump in third quarter profit, lifts full-year forecast

TOKYO (Reuters) - Toyota Motor Corp on Tuesday reported a 54 percent jump in operating profit for the third quarter, boosted by strong performance at home in Japan along with a weaker yen, and raised its forecast for full-year profit.

domesticNews reuters.com

Connecticut governor proposes budget tweaks to reduce deficit

NEW YORK (Reuters) - Connecticut Governor Dannel Malloy on Monday proposed several adjustments to the state's biennial budget in an attempt to reduce a projected general fund deficit in fiscal 2020 to $844 million from nearly $2.2 billion.

companyNews reuters.com

METALS-London nickel steadies near week lows, at risk of further losses

(Recasts, comments, detail, updates prices) By Melanie Burton MELBOURNE, Feb 5 (Reuters) - London nickel steadied on Monday after posting its largest daily loss in two months in the session before, but prices were seen tailing off ahead of the Lunar New Year next week. "Aside from the strengthening dollar, we think concerns about China's weak demand (have) also weighed on the nickel price," said broker Argonaut Securities in a report. Some of China's stainless steel mills, the

companyNews reuters.com

UPDATE 1-U.S. stock futures open weaker; Treasury futures up on Sunday

NEW YORK, Feb 4 (Reuters) - U.S. stock futures opened weaker on Sunday, extending the rout equity markets experienced on Friday when the benchmark S&P 500 and Dow Jones Industrial average notched their worst week since early January 2016.

worldNews reuters.com

Zuma should resign, says senior official in South Africa's ruling party

JOHANNESBURG (Reuters) - South African President Jacob Zuma should step down, a senior ruling African National Congress official said, raising fresh pressure on Zuma who has been weakened since Cyril Ramaphosa became ANC leader in December.

companyNews reuters.com

BRIEF-Ratos says Q4 earnings weighed down by impairment, weak earnings i company portfolio

* REG-RATOS: RATOS'S EARNINGS FOR THE FOURTH QUARTER OF 2017 NEGATIVELY IMPACTED BY IMPAIRMENT AND WEAKER EARNINGS IN THE COMPANY PORTFOLIO

businessNews reuters.com

Apple stock loses some sheen on disappointing iPhone sales

(Reuters) - Apple Inc's hint of returning a ton of cash to shareholders was not enough to move investors who worried more about the iPhone maker's weak outlook amid reports of production cuts for its flagship iPhone X.

businessNews reuters.com

Exxon, Chevron shares plunge after weak results spook Street

HOUSTON (Reuters) - Exxon Mobil Corp and Chevron Corp posted rare quarterly earnings misses on Friday as cost cuts and rising oil prices failed to offset weakness in international refining operations, sending shares of both companies plunging.

businessNews reuters.com

Refining weakness drags down Exxon, Chevron results; shares plunge

HOUSTON (Reuters) - Exxon Mobil Corp and Chevron Corp posted rare quarterly earnings misses on Friday as cost cuts and rising oil prices failed to offset weakness in international refining operations, sending shares of both companies plunging.

businessNews reuters.com

Exxon profit misses expectations; sees $5.9 billion tax gain

HOUSTON (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 2.8 percent in premarket trading.

worldNews reuters.com

Abstention looms over Venezuela opposition in upcoming president vote

CARACAS (Reuters) - Venezuela's opposition faces a weak adversary in an upcoming presidential election in the form of unpopular President Nicolas Maduro but it must overcome a more formidable challenge - abstention in its own ranks.

worldNews reuters.com

Are you OK, Aunty May? China warms to UK Prime Minister

SHANGHAI/BEIJING (Reuters) - British Prime Minister Theresa May landed in China earlier this week fending off questions about her future amid mounting accusations of poor leadership, boring policies, and weakness over Brexit.

businessNews reuters.com

Weaker estimates cast shadow over Visa's profit beat

(Reuters) - Visa Inc reported a better-than-expected quarterly profit on Thursday, joining smaller rival Mastercard, as a solid holiday shopping season boosted transactions on its payment network.

businessNews reuters.com

Toy maker Mattel's holiday sales miss Wall Street forecasts, shares dip

(Reuters) - Mattel Inc's sales fell short of Wall Street forecasts in the crucial holiday quarter, as the toy maker faced weak demand for key brands including Fisher-Price and as the effect of the collapse of Toys "R" Us lingered.

companyNews reuters.com

UPDATE 2-Hershey's 4th-qtr profit, sales miss Street view; shares down

Feb 1 (Reuters) - Hershey Co's quarterly profit and sales missed analysts' expectations, hurt in part by the timing of shipments in North America and weak demand in global markets, sending its shares down 5 percent before the bell on Thursday.

technologyNews reuters.com

Ahead of 5G rebound, Nokia royalty deals prop up results

HELSINKI (Reuters) - Telecom network gear maker Nokia posted better-than-expected quarterly profits on Thursday and forecast a recovery in profits by 2020, encouraging investors spooked last year by a weakening equipment market and acquisition integration missteps.

companyNews reuters.com

Nikkei posts first gain in 7 days, helped by softer yen, earnings

TOKYO, Feb 1 (Reuters) - Japan's Nikkei share average rose on Thursday morning, rebounding from a six-day losing streak and pushing most sectors into positive territory, as a weaker yen and corporate earnings helped drive the benchmark index higher.

topNews reuters.com

Qualcomm profit beats estimates but weak China mobile sales weigh on outlook

(Reuters) - Chipmaker Qualcomm Inc's profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts' estimates due to tepid mobile sales in China.

technologyNews reuters.com

EBay website tweaks drive strong holiday sales, shares jump

(Reuters) - EBay Inc posted higher revenue for the key holiday quarter on Wednesday as changes to its websites and a focus on marketing drew more shoppers to its marketplaces.

companyNews reuters.com

UPDATE 2-EBay website tweaks drive strong holiday sales, shares jump

Jan 31 (Reuters) - EBay Inc posted higher revenue for the key holiday quarter on Wednesday as changes to its websites and a focus on marketing drew more shoppers to its marketplaces.

companyNews reuters.com

REFILE-UPDATE 3-Qualcomm profit beats estimates but weak China mobile sales weigh on outlook

Jan 31 (Reuters) - Chipmaker Qualcomm Inc's profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts' estimates due to tepid mobile sales in China.

Politics and Government nytimes.com

ISIS Is Weakened, but Iraq Election Could Unravel Hard-Won Stability

Prime Minister Abadi is a national hero, but in Iraq’s tricky sectarian system, that doesn’t mean he will win the election.

businessNews reuters.com

Amid angst over iPhone X, Wall Street braces for weak forecast from Apple

SAN FRANCISCO (Reuters) - When Apple Inc announces its first-quarter earnings on Thursday, investors will seek signs of whether the company's $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown.

companyNews reuters.com

PRECIOUS-Gold edges down on firmer dollar, higher bond yields

Jan 30 (Reuters) - Gold slipped on Tuesday, extending losses into a second session, as the dollar strengthened against a basket of currencies and U.S. bond yields rose. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,338.40 per ounce at 0051 GMT. It fell 0.7 percent on Monday. * U.S. gold futures for February delivery fell 0.2 percent to $1,337.60 per ounce. * Gold prices have risen nearly 3 percent so far this month, largely due to weakness in the dollar

worldNews reuters.com

U.S. Army leader tells Germany: Meet NATO spending goal or weaken NATO

BERLIN (Reuters) - Failure by the next German government to fulfill a pledge to boost military spending to two percent of its economic output will weaken the NATO alliance, a senior U.S. military official said on Monday.

Afghanistan nytimes.com

The Interpreter: Why Attack Afghan Civilians? Creating Chaos Rewards Taliban

The central issue in the 16-year war has become whether Afghanistan can have a functioning state. The Taliban have every incentive to expose government weakness.

companyNews reuters.com

MIDEAST STOCKS-Saudi's Kingdom soars on Alwaleed release, earnings hit SABIC

DUBAI, Jan 28 (Reuters) - Shares in Saudi Arabia's Kingdom Holding soared in early trade on Sunday after owner Prince Alwaleed bin Talal was released from detention, but top petrochemical producer Saudi Basic Industries fell on weak fourth-quarter earnings.

businessNews reuters.com

Intel, healthcare shares boost lift Wall St. to record

NEW YORK (Reuters) - The latest round of strong earnings reports, including from Intel and AbbVie, along with continued weakness in the dollar lifted each of the major Wall Street indexes to closing records on Friday.

businessNews reuters.com

Wall St. climbs to new highs on strong Intel, AbbVie earnings

NEW YORK (Reuters) - The latest round of strong earnings reports, including from Intel and AbbVie , along with continued weakness in the dollar lifted each of the major Wall Street indexes to closing records on Friday.

businessNews reuters.com

Wall Street climbs on Intel, healthcare boost

(Reuters) - Wall Street climbed on Friday as both the S&P 500 and Dow hit records on the latest round of strong earnings reports, including results from Intel and AbbVie, as well as continued weakness in the dollar.

companyNews reuters.com

UPDATE 9-Oil rises, set for weekly gain as weak dollar underpins

* U.S. oil rig count rises by 12 this week - Baker Hughes (Updates prices, adds U.S. rig count data, analyst comment)

businessNews reuters.com

Intel lifts S&P, Dow to new highs; Starbucks weighs on Nasdaq

(Reuters) - The S&P and the Dow scaled new highs on Friday, driven by strong earnings from Intel and drugmaker AbbVie as well as a weaker dollar, putting the three main indexes on track for their best four-week rally since 2016.

businessNews reuters.com

S&P, Dow hit records on upbeat Intel, AbbVie earnings

(Reuters) - U.S. stocks rose to fresh records on Friday, propelled by strong earnings from Intel and drugmaker AbbVie as well as a weaker dollar, putting the three main indexes on track for their best four-week rally since 2016.

businessNews reuters.com

Starbucks' 2018 may not be as bitter as some fear: analysts

(Reuters) - Starbucks Corp shares fell 5 percent on Friday after the company reported weak holiday-quarter sales, indicating near-term troubles were far from over, but analysts said the brand's strength and a growing Chinese fanbase would help it ride out the rough patch.

businessNews reuters.com

Dow hits record on Intel earnings

(Reuters) - The Dow Jones Industrial Average opened at a record high on Friday, powered by gains in chipmaker Intel, and the other main indexes were higher as investors shrugged off weaker-than-expected U.S. economic growth data.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall Street opens higher on strong earnings, soft dollar

Jan 26 (Reuters) - Wall Street's main indexes opened higher on Friday as gains in Intel and AbbVie following strong earnings and a slide in dollar helped investors look past weaker-than-expected U.S. economic growth data.

companyNews reuters.com

REFILE-GLOBAL MARKETS-World stocks party like it's '99, dollar wilts again

LONDON, Jan 26 (Reuters) - World stocks were set for their longest weekly winning streak since 1999 on Friday, while the dollar buckled again as its weakest run since 2010 reverberated through almost every major asset class.

businessNews reuters.com

World stocks party like its '99, dollar wilts again

LONDON (Reuters) - World stocks were set for their longest weekly winning streak since 1999 on Friday, while the dollar buckled again as its weakest run since 2010 reverberated through almost every major asset class.

businessNews reuters.com

World stocks set for 10th straight week of gains, euro jumps

LONDON (Reuters) - World stocks were set for their 10th straight week of gains on Friday, while the euro jumped more than half a percent as comments by U.S. officials this week advocating their support for a weak dollar reverberated through currency markets.

companyNews reuters.com

EMERGING MARKETS-Emerging stocks hit 10-yr high, rand roars on waning dollar

LONDON, Jan 26 (Reuters) - Lifted by optimism about global growth and a weaker dollar, emerging markets enjoyed another stellar end to the week on Friday, with stocks hitting a 10-year peak while currencies soared and South Africa's rand roared to a 2-1/2 year high.

companyNews reuters.com

GLOBAL MARKETS-World stocks set for 10th straight week of gains, euro jumps

LONDON, Jan 26 (Reuters) - World stocks were set for their 10th straight week of gains on Friday, while the euro jumped more than half a percent as comments by U.S. officials this week advocating their support for a weak dollar reverberated through currency markets.

companyNews reuters.com

UPDATE 1-SSAB Q4 profit lags forecast, proposes first dividend since 2012

STOCKHOLM, Jan 26 (Reuters) - Swedish steelmaker SSAB missed fourth-quarter operating profit forecasts on Friday, weighed down by weak results in North America, and proposed its first dividend since 2012.

companyNews reuters.com

METALS-Metals slip from multi-year peaks after Trump talks up dollar

(Adds analyst comment, updates prices) BEIJING, Jan 26 (Reuters) - Base metal prices on Friday edged down from near multi-year peaks after U.S. President Donald Trump backed a stronger dollar, prompting the currency to trade above its recent lows. A stronger dollar makes metals more expensive for holders of other currencies. Its recent weakness had seen copper jump 1.5 percent in Shanghai on Thursday, following a similar climb in London on Wednesday, while Shanghai nickel gained 3.5 per

worldNews reuters.com

Bahrain human rights deteriorate as world looks away: activists

BEIRUT (Reuters) - Human rights in Bahrain have deteriorated significantly in the past year because international pressure on the Gulf Arab kingdom has weakened, activists said on Thursday.

businessNews reuters.com

Robust earnings, weak dollar lift Wall Street

NEW YORK (Reuters) - Stocks on Wall Street advanced on Thursday, buoyed by solid corporate earnings and continued weakness in the dollar after comments by European Central Bank President Mario Draghi and U.S. Treasury Secretary Steven Mnuchin.

companyNews reuters.com

US STOCKS-Robust earnings, weak dollar lift Wall Street

* Dow up 0.62 pct, S&P 500 up 0.23 pct, Nasdaq up 0.25 pct (Updates with downturn in Caterpillar shares)

companyNews reuters.com

UPDATE 4-Union Pacific shares slide on weaker operating results

Jan 25 (Reuters) - Shares in No. 1 U.S. railroad Union Pacific Corp slid about 5 percent on Thursday as the company reported worsening operating and efficiency measures but said a strengthening economy should fuel stronger freight volumes in 2018.

businessNews reuters.com

U.S. sparks fears of trade war as Trump arrives in Davos

DAVOS, Switzerland (Reuters) - A day after sending the dollar reeling with comments supportive of a weak U.S. currency, U.S Treasury Secretary Steven Mnuchin said the Trump administration was not seeking a trade war but would defend its economic interests.

companyNews reuters.com

EMERGING MARKETS-Trade war fears temper emerging equity gains but currencies fly

LONDON, Jan 25 (Reuters) - Renewed fears of trade wars stemming from U.S. protectionism capped gains in emerging market equities on Thursday but the weak dollar helped some currencies rise to multi-year peaks, led by the Chinese yuan.

topNews reuters.com

Mnuchin says not seeking trade war

DAVOS, Switzerland (Reuters) - A day after sending the dollar reeling with comments supportive of a weak U.S. currency, U.S Treasury Secretary Steven Mnuchin said the Trump administration was not seeking trade wars but would defend its economic interests.

companyNews reuters.com

UPDATE 1-Aryzta's issues profit warning on European and U.S. weakness

Jan 25 (Reuters) - Swiss-Irish producer of baked goods Aryzta AG expects 2018 core profit to fall by 15 percent on a like-for-like basis, it warned on Thursday, saying that weakness in European and U.S. markets is unlikely to improve this year.

businessNews reuters.com

Asia shares hit record peak but trade protectionist fears cast shadow

TOKYO (Reuters) - Asian stocks hit a record high on Thursday though concerns about the Trump administration's protectionist stance tempered enthusiasm in financial markets, while the dollar struggled after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.

companyNews reuters.com

Aryzta's problems deepen as Europe, U.S. weakness leads to profit warning

Jan 25 (Reuters) - Swiss-Irish baked goods maker Aryzta AG said on Thursday 2018 core profit was expected to fall 15 percent on a like-for-like basis as recent weakness in the European and U.S. markets was not likely to improve this year.

companyNews reuters.com

CORRECTED-Nikkei drops after strong yen hurts exporters, mining firms soar

TOKYO, Jan 25 (Reuters) - Japan's Nikkei share average dropped to a 10-day low on Thursday morning as a stronger yen hurt exporters, although oil and mining stocks bucked the weakness, supported by firmer oil prices.

technologyNews reuters.com

Hyundai Motor posts small profit rise, but sales, currency woes weigh

SEOUL (Reuters) - Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and weak U.S. and Chinese sales eroded the automaker's bottom line for 2017.

businessNews reuters.com

Dollar smarts from Mnuchin's comments, hits three-year low; euro awaits ECB test

TOKYO (Reuters) - The dollar skidded to a three-year low against its peers on Thursday after caving on comments by U.S. Treasury secretary Steven Mnuchin that he welcomed a weaker currency, while the euro was firm ahead of the European Central Bank's policy decision.

companyNews reuters.com

Nikkei drops after strong yen hurts exporters, mining firms soar

TOKYO, Jan 25 (Reuters) - Japan's Nikkei share average dropped to a 10-day low on Thursday morning as a stronger yen hurt exporters, although oil and mining stocks bucked the weakness, supported by firmer oil prices.

companyNews reuters.com

PRECIOUS-Gold holds steady near 1-1/2-year highs on weaker dollar

Jan 25 (Reuters) - Gold prices on Thursday held firm near 1-1/2-year highs hit in the previous session, with the dollar near three-year lows in the wake of comments by U.S. Treasury secretary Steven Mnuchin that he welcomed a weaker currency. FUNDAMENTALS * Spot gold was nearly unchanged at $1,357.25 per ounce at 0109 GMT. It rose over 1 percent on Wednesday to hit its highest since Aug. 5, 2016 at $1,361.81. * U.S. gold futures were mostly unchanged at

businessNews reuters.com

Asia shares near record peak but trade protectionist fears cast shadow

TOKYO (Reuters) - Asian stocks held near a record high on Thursday though concerns about the Trump administration's protectionist stance cast a shadow on financial markets, while the dollar was under pressure after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.

companyNews reuters.com

GLOBAL MARKETS-Asia shares near record peak but trade protectionist fears cast shadow

TOKYO, Jan 25 (Reuters) - Asian stocks held near a record high on Thursday though concerns about the Trump administration's protectionist stance cast a shadow on financial markets, while the dollar was under pressure after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.

topNews reuters.com

A weak dollar 'good' for the U.S.? It's complicated

NEW YORK (Reuters) - A dollar rout intensified on Wednesday after U.S. Treasury Secretary Steven Mnuchin said a lower greenback was "good for us" - though a weaker U.S. currency may not prove a long-term economic boost.

businessNews reuters.com

U.S. official backs weak dollar amid fears of trade war

DAVOS, Switzerland (Reuters) - A senior U.S. official welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that U.S. President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.

companyNews reuters.com

GLOBAL MARKETS-Dollar extends weakness on Mnuchin remarks; bond prices down

* U.S. Treasury prices tumble after Mnuchin endorses weak dollar

companyNews reuters.com

UPDATE 1-Burger King tweaks U.S. regulator in new 'net neutrality' advertisement

WASHINGTON, Jan 24 (Reuters) - Fast food company Burger King is taking on the Trump administration's decision to reverse the landmark 2015 net neutrality rules and making fun of the top U.S. telecommunications regulator in doing so.

technologyNews reuters.com

Burger King tweaks U.S. regulator in new 'net neutrality' advertisement

WASHINGTON (Reuters) - Fast food company Burger King is taking on the Trump administration's decision to reverse the landmark 2015 net neutrality rules and making fun of the top U.S. telecommunications regulator in doing so.

businessNews reuters.com

GE posts $10 billion loss, sales drop as power weakens

(Reuters) - General Electric Co forecast further weakening of its troubled power business on Wednesday as it reported a $10 billion loss and a 5-percent fall in revenue in the fourth quarter, driven by previously-announced charges for insurance losses and taxes.

companyNews reuters.com

EMERGING MARKETS-Currencies pounce on weak dollar, rand smashes 12 barrier

LONDON, Jan 24 (Reuters) - Most emerging market currencies climbed on Wednesday, with China's yuan and South Africa's rand both touching more than two-year highs as the dollar wallowed in its weakest run since 2010-11.

businessNews reuters.com

Dollar slides on U.S. Mnuchin remarks, booming Europe

LONDON (Reuters) - The U.S. dollar hit fresh lows on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed its weakness and figures showed that the euro zone economy started the year at its strongest pace in over a decade.

businessNews reuters.com

Mnuchin welcomes weaker dollar as U.S. makes Davos investment push

DAVOS, Switzerland (Reuters) - The U.S. Treasury Secretary Steven Mnuchin welcomed a weakening of the U.S. dollar on Wednesday as he and other top officials launched a major investment push at the annual Davos summit of business and political leaders.

companyNews reuters.com

REFILE-Nikkei takes breather after hitting 26-year high; exporters weak

TOKYO, Jan 24 (Reuters) - Japan's Nikkei share average took a breather on Wednesday morning after rising to a fresh 26-year high in the previous session, as weakness in exporters such as Murata and Fanuc offset gains in real estate stocks.

companyNews reuters.com

Nikkei takes breather after hitting 26-year high; exporters weak

TOKYO, Jan 24 (Reuters) - Japan's Nikkei share average took a breather on Monday morning after rising to a fresh 26-year high in the previous session, as weakness in exporters such as Murata and Fanuc offset gains in real estate stocks.

cnn.com

House sexual harassment bill promises transparency but cuts out ethics watchdog

In the wake of a string of scandals, House Republicans and Democrats unveiled legislation to overhaul the process of investigating sexual harassment claims on Capitol Hill, but their bill weakens the authority of the independent entity currently probing lawmakers' behavior, according to outside ethics watchdogs.

companyNews reuters.com

EMERGING MARKETS-LatAm currencies weaken on U.S. protectionism fears

By Bruno Federowski BRASILIA, Jan 23 (Reuters) - Latin American currencies weakened on Tuesday as concerns over potential U.S. protectionism lifted the U.S. dollar from an early-year selloff. U.S. President Donald Trump slapped steep tariffs on imported washing machines and solar panels on Monday, measures that some feared could be just the beginning in a wider protectionist swing. China and South Korea condemned the measure, with Seoul set to complain to the World Trade Organiz

companyNews reuters.com

METALS-Shanghai copper edges up amid persistent dollar weakness

(Recasts to lead with ShFE copper, updates prices) BEIJING, Jan 23 (Reuters) - Shanghai copper prices gained ground on Tuesday amid a persistent weak dollar, even as official data showed China churned out a record volume of refined copper in December, suggesting the world's biggest copper consumer is well supplied. A weak dollar makes metals cheaper for holders of other currencies and supports prices, and the greenback's dive as a result of the U.S. government shutdown had seen copper c

companyNews reuters.com

METALS-Copper holds ground amid persistent dollar weakness

(Adds analyst comment, scrap data, updates prices) BEIJING, Jan 23 (Reuters) - Copper prices were flat on Tuesday amid a persistent weak dollar, even as official data showed top producer China churned out a record volume of refined copper in December, suggesting the world's biggest copper consumer is well supplied. A weak dollar makes metals cheaper for holders of other currencies and supports prices, and the greenback's dive as a result of the U.S. government shutdown had seen copper c

companyNews reuters.com

METALS-Copper extends gains amid persistent dollar weakness

BEIJING, Jan 23 (Reuters) - Copper prices continued to climb on Tuesday amid a persistent weak dollar, even as official data showed top producer China churned out a record volume of refined copper in December. FUNDAMENTALS * LME COPPER: Three-month copper on the London Metal Exchange rose 0.3 percent to $7,090 a tonne by 0153 GMT, extending its 0.4 percent gain in the previous session and on course for its highest close in a week. * SHFE COPPER: The most-traded March copper