Dollar drops as Fed rate rise prospects reassessed
The dollar fell against a basket of currencies on Wednesday as investors re-evaluated whether the U.S. Federal…
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Credit Suisse CEO says bank does not need to raise capital
Swiss bank Credit Suisse AG (CSGN.S) does not need to raise capital "in most foreseeable scenarios", Chief…
Dollar struggles at six-week low on cooling U.S. rate hike views
The dollar struggled near 6-week lows against a basket of currencies on Wednesday due expectations that the U.S.…
Asian shares hit one-year peak as chances of U.S. rate hike recede
Asian shares hit a one-year high on Monday after disappointing U.S. economic growth data reduced expectations that…
Panasonic to raise $3.9 billion, partly to fund Tesla plant investment
Japan's Panasonic Corp said on Friday it would raise up to 400 billion yen ($3.86 billion) in corporate bonds,…
Dairy maker Juhayna eyes $562mn-sales in Egypt by end-2016
Egyptian dairy producer Juhayna For Food Industries plans to raise sales volume by 20 percent to hit five billion…
Dollar index at four-month high on strong U.S. data, Fed hike hopes
The dollar hit a four-month high against a basket of currencies and rose against the yen on Wednesday, bolstered by…
Moody’s maintains negative outlook on Lebanon’s banking system
Moody's Investors Service has maintained its negative outlook on Lebanon's banking system, reflecting the rating…
Starbucks to hike wages for U.S. workers in October
Starbucks Corp will raise wages of all workers in its U.S. stores this year, days after being accused by employees…
Japan’s Line prices IPO at top of the range, may increase to $1.3 billion
Japanese messaging app firm Line Corp priced its initial public offering at the top of its marketed range, putting…
