logo

News related to
Wall Street

The Google self-driving car has already split from the search company after Alphabet decided that it should be a separate entity with its own business unit under Alphabet, Google’s parent company. It also assumed a new name and it is now called Waymo. These fresh developments signify that the driverless car is nearly poised for official launch. To get things going further, Alphabet has appointed John Krafcik […]

Wednesday 02:20 GMT Overview Stock markets across Asia were mixed as anticipation of the Federal Reserve’s policy decision dulled the effect of another set of record highs for Wall Street. What to watch All eyes were on the end of the Fed’s two-day policy meeting later in the day, with the US central bank expected to raise interest rates 25 basis points. Roughly a year ago the […]

By Laila Bassam and Angus McDowall | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT Syrian rebels prepared to withdraw from Aleppo on Wednesday after a ceasefire agreement that ended years of fighting in the city and gave President Bashar al-Assad his biggest victory yet after more than five years of war. The agreement was a result of talks between Russia, Assad’s main ally, and Turkey, a leading backer of the […]

Investors are making a record bet on global bank shares following the US election, according to a new survey of institutional money managers that also highlights the risks to the sector if Donald Trump fails to deliver faster economic growth. The allocation that investors made to bank stocks this month climbed to a weighting of 31 per cent above their benchmarks, up from 25 per cent in […]

By Laila Bassam | ALEPPO, Syria ALEPPO, Syria The remains of the medieval Umayyad Mosque’s felled minaret lie in its once-elegant courtyard along with discarded mattresses, fragments of rockets and antique doors, but, after years of fighting, Aleppo’s holiest monument endures. The minaret and the covered markets that surrounded the mosque may have been destroyed in battles between the Syrian army and rebel fighters in 2012 and […]

By Laila Bassam and Stephanie Nebehay | ALEPPO, Syria/GENEVA ALEPPO, Syria/GENEVA The United Nations said on Tuesday it had reports that Syrian soldiers and allied Iraqi fighters had summarily shot dead 82 children, women and men in recaptured east Aleppo and a military source said the last rebel pocket could fall “at any moment”. The Syrian army has denied carrying out killings or torture among those captured, […]

Wall Street looked set to open higher on Tuesday, as investors keep a close watch of the Federal Reserve’s two-day meeting where it is widely expected to raise interest rates for the second time since the financial crisis. A hike of 25 basis points in the Fed’s target range of 0.25-0.50 percent is priced in, but investors will be examining the Fed’s statement and economic forecasts for […]

Advertisements

By Laila Bassam | ALEPPO, Syria ALEPPO, Syria The Syrian army and its allies have taken full control over all the Aleppo districts abandoned by rebels during their retreat in the city, a Syrian military source said on Tuesday. Rebel defences collapsed on Monday, leading to a broad army advance across more than half of the remaining insurgent pocket in Aleppo and a retreat of opposition fighters […]

December 13, 2016 by: Demetri Sevastopulo in Washington Donald Trump is poised to name Rex Tillerson, chief executive of ExxonMobil, as his secretary of state, ignoring criticism that the oil and gas man is too close to Russian president Vladimir Putin and the Kremlin. Mr Trump tweeted on Monday that he would formally unveil his choice for the high-profile cabinet position on Tuesday morning. US media reported […]

Tuesday 02:10 GMT Overview Stocks around Asia were on the back foot after Wall Street fell back from record highs while the dollar softened and oil prices struggled to extend gains. Hot topic China has popped back on to investor radars, with mainland stocks falling on Monday by the most in months in the wake of authorities ramping up efforts to crack down on risky equities investments. […]

Trading volumes across markets have soared following the US presidential election, a boon to Wall Street investment banks as money managers prepare for a new environment under the future Trump administration.  Since the November election result, there have been seven days when more than $20bn of investment grade debt has traded hands — a level that had previously only been breached 18 times since data has been […]

Donald Trump has named Goldman Sachs president Gary Cohn to head the White House National Economic Council, marking his third top appointment from the ranks of the bank despite his pledge to sever links between Wall Street and Washington. The appointment of Mr Cohn, who serves as chief operating officer, leaves Goldman nursing another big departure from its leadership team just weeks after the news that the […]

A month ago, India asked more than 1.2 billion people to turn out their pockets and turn in their old bank notes, all in an effort to stamp out corruption and tax evasion. A colossal undertaking by any standard, the experiment has unfolded in ways that few nations’ administrators might have been able to predict. That has forced the Indian government to adapt, sometimes without warning, to […]

ALEPPO, Syria The Syrian military operation to recapture rebel-held east Aleppo is in its final stages after the army took Sheikh Saeed and other districts, Lieutenant General Zaid al-Saleh, head of the Aleppo security committee, said on Monday. “The battle in east Aleppo should end quickly. They (rebels) don’t have much time. They either have to surrender or die,” he told a group of reporters in the […]

The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. Government and corporations cooperate, negotiate deals, scratch each others backs, kickback ill-gotten gains, and function as a career advancement funnel for corrupt […]

More and more airlines across the world are providing in-flight internet connectivity, allowing passengers to catch up on work email or surf the web from 30,000 feet. But this Wall Street Journal article explains how one country with a rapidly expanding aviation market is holding out, prohibiting Wi-Fi on board due to security concerns: India. Here’s why airlines are so eager to be the first to offer […]

By Laila Bassam and Tom Perry | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT Syrian rebels have received a U.S.-backed proposal to leave Aleppo along with civilians under safe passage guaranteed by Russia, rebel officials said as government forces closed in on Sunday, but Moscow denied a deal had been reached. If the proposal were to be taken up by all sides, it would end four years of fighting in […]

Monday 02.15 GMT Overview Markets around Asia were mostly higher, buoyed by a surge in oil prices and following on from another set of records for Wall Street on Friday. Hot topic Ahead of the Federal Reserve’s policy meeting on Wednesday, government bond yields are hovering at their highest levels in months. Of note, the yield (which moves inversely to price) on the benchmark 10-year US Treasury […]

By Laila Bassam and Suleiman Al-Khalidi | ALEPPO, Syria/AMMAN ALEPPO, Syria/AMMAN The Syrian army and its allies made new gains in Aleppo on Sunday, forcing rebels back into an ever shrinking pocket crammed with civilians, but lost control of the desert city of Palmyra to a swift Islamic State attack. Final victory in Aleppo, Syria’s biggest city before the civil war, would constitute the biggest triumph yet […]

During the gradual rapprochement between the US and Muammer Gaddafi’s Libya in February 2007, Rex Tillerson visited the country and met its leader in his traditional tent. As chief executive of ExxonMobil, the world’s largest listed oil company, Mr Tillerson had an interest in opening up access to Libya’s vast reserves, but his visit was also a milestone in the progress towards normal relations with the US.  […]

Photo A nun surveyed the scene after a deadly bombing at St. Mark’s Cathedral in Cairo on Sunday. Credit Amr Abdallah Dalsh/Reuters CAIRO — A bomb ripped through a section reserved for women at Cairo’s main Coptic cathedral during Sunday morning Mass, killing at least 25 people and wounding 49, mostly women and children, Egyptian state media said. The attack was the deadliest against Egypt’s Christian minority […]

In a move that is certain to infuriate those who see Trump as nothing more than a puppet of the Kremlin, moments ago NBC reported that Rex Tillerson, CEO of Exxon Mobil and late entrant into the SecState race after his first meeting with the president elect this past Tuesday at the Trump Tower, has been picked by Trump to serve as his next Secretary of State. […]

By Patrick Markey | QARAQOSH, Iraq QARAQOSH, Iraq For decades, the Immaculate Conception Church in Qaraqosh was the heart of Iraq’s largest Christian town. After two years under Islamic State rule, it lies scarred and desecrated. In the church’s inner courtyard, Islamic State fighters set up a shooting range for target practice, leaving behind bullet-riddled female mannequins and hardboard figures when they were driven out. The yard’s […]

They confided their dilemmas over whether to flee to government-held areas or stay put until the bitter end, a choice that split up many families. They described escalating bombardment and attacks that have killed women and children trying to reach safe ground. They revealed deepening rifts among rebel groups, and between fighters and civilians, over whether and how to surrender. Continue reading the main story Some told […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
COP31 leaders demand accelerated action as warming intensifies // ADNOC Gas quarterly profit doubles to $1.34 billion // North Korean hackers widen drone and software attacks // Iran displays school strike memorial at COP31 summit // Microsoft 365 Family cuts combined storage to 2TB // UAE forecasts heavy showers across northern regions midweek // Jailbroken AI agent targets European telecom infrastructure // Google school AI search policy draws Senate challenge // California electorate defeats proposed levy on billionaire wealth // North Korean hackers channel Binance funds through fake tokens // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // France identifies Iranian Guards as supermarket hacking suspects // Messi secures consecutive MLS Golden Boots with 26 goals // US relocates tankers from second British base amid threats // Japan’s Nikkei advances as buyers return after sell-off // Google Health introduces blood pressure logs and glucose overlays // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // Singapore introduces AI scam alerts for messaging conversations //