Category Archives: Finance

15Jan/17

Lady Liberty shown as black woman on U.S. coin for first time

The United States Mint unveils a $100 gold coin featuring an African-American woman as the face of Lady Liberty for the first time in the history of U.S. currency.

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12Jan/17

Dollar tumbles, bonds win as Trump trade fizzles

The U.S. dollar has nursed widespread losses after President-elect Donald Trump’s long-awaited news briefing provided little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus. But, as Sonia Legg reports, Trump did not mention possible tariffs against Chinese exports – a relief for Asian share markets that have feared the outbreak of a global trade war. Continue reading

08Jan/17

The rise of the greenback: unstoppable?

The U.S. dollar has been at 14-year peaks on an abundance of upbeat global economic data and signs of quickening inflation, and a new Reuters polls shows most analysts expect the rally to continue through 2017. David Pollard reports on the winners and the losers of the greenback’s surge. Continue reading

11Nov/16
Kobe Bryant at an Alibaba gala

Alibaba Singles Day sales break $5 bln in an hour

Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Graham Mackay reports.

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09Nov/16

Wall Street jumps after Trump wins White House

U.S. stocks rise sharply in a dramatic turnaround from deep overnight losses as Wall Street digested the upset presidential election victory of Republican Donald Trump.

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07Nov/16

Wall St soars as investors bet on Clinton win

Stocks surged more than two percent after the FBI said it would not press charges against Democratic nominee Hillary Clinton, who is leading Donald Trump in at least five polls. Bobbi Rebell reports. Continue reading