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Markets

The Nikkei index dropped to as low as 19,149.34, down 5.04% or 1,016.85 points. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 12.39 points, or 0.88 percent, at 1,427.94. On Monday evening, Trump shocked investor confidence by hitting out at the Federal Reserve, tweeting: " The only problem our economy has is the Fed ".
  • Wall Street banks reassure US Treasury amid big market falls

    Wall Street banks reassure US Treasury amid big market falls

    Markets

    One told Bloomberg that a lot of people would support getting rid of him. "Up 'til now, he's been protected by the fact that Trump liked him and he's been a loyalist". Yesterday the US Treasury Secretary Steven Mnuchin took the unusual step of calling the chief executives of America's six largest banks in a bid to soothe market jitters.
  • Crude oil falls to an 18-month low amid global concerns

    Crude oil falls to an 18-month low amid global concerns

    Markets

    Mazrouei said a joint OPEC and non-OPEC monitoring committee would meet in Baku in late February or early March. "We all know that Iraq has big needs for gas especially in generating electric power". Oil in London fell below $50 a barrel for the first time since July 2017 as broader financial market turmoil and worries over USA supply countered signals from the OPEC+ coalition that it may extend or deepen output cuts.
  • Shoppers warned not to splurge during Boxing Day sales

    Shoppers warned not to splurge during Boxing Day sales

    Markets

    Most grocery stores will be open during the day on Christmas Eve but closing before 6 or 7 p.m. Whole Foods Market: Whole Foods is open until 7 p.m. Certain bus routes will run every 25 to 45 minutes. More than 600 McDonald's stores in the United Kingdom are open 24/7. Walgreens : All 24-hour stores will remain open for their usual hours.
  • Stores open for last minute Christmas Eve shopping

    Stores open for last minute Christmas Eve shopping

    Markets

    The Eaton Centre will open from 10 a.m.to 9:30 p.m. Rite Aid: Most Rite Aid stores that are normally 24-hours will have those regular hours on the holiday. It's open Christmas Day and will give out a free signature Farmhouse Blend or Bold coffee - hot or iced and any size - from 8 a.m.to 11:59 p.m. December 25.
  • Brent Crude Closes Below $55 as Fed Hike Sends Markets Tumbling

    Brent Crude Closes Below $55 as Fed Hike Sends Markets Tumbling

    Markets

    Citigroup, for its part, is in the middle: the investment bank does not expect huge changes in oil prices next year as rising production in the us would offset the OPEC+ cuts . The WTI Crude Oil market broke down a bit further during the trading session on Thursday, after gapping lower at the open. USA light crude oil fell by US$2.35 (RM9.83) a barrel, or 4.9 per cent, to a low of US$45.82, before recovering some ground to around US$46.45 by 1430 GMT.
  • Salmonella outbreak linked to raw turkey leaves over 200 sick across US

    Salmonella outbreak linked to raw turkey leaves over 200 sick across US

    Markets

    The FSIS published a complete break-down on how to tell if the products in your freezer fall under the recall. Consumers should throw away these products immediately. Unlike most foodborne outbreaks, this one spreads evenly across the United States . Symptoms, which typically appear 12 to 72 hours after ingesting the bacteria, include diarrhea, fever and stomach cramps.
  • What's open and closed on Christmas and Boxing Day in Ottawa

    What's open and closed on Christmas and Boxing Day in Ottawa

    Markets

    The 16th Circuit Court and the Kane County Judicial Center is open until 1 p.m. Dec 24. The Boots pharmacy in Station road will be open as usual on Christmas Eve; closed on Christmas Day; closed on Boxing Day; open normal hours on New Year's Eve and closed on New Year's Day .
  • Carlos Ghosn re-arrested on fresh charges in Japan

    Carlos Ghosn re-arrested on fresh charges in Japan

    Markets

    They are also facing the prospect of additional charges that claim the two underreported Ghosn's income for other years by almost 10 billion yen in total. Questions posed by Kelly also included whether the practice could be challenged and if so, could there be criminal sanctions or civil penalties. "If there was a conviction, I think it would mean that there's been a judgment that it's more than just typical self-dealing corporate malfeasance but something that really harmed the company and ...
  • Wall Street swoons as government shutdown deadline looms

    Wall Street swoons as government shutdown deadline looms

    Markets

    Generally, investors look for a 20 per cent gain from a low point as well as sustained gains over at least a six-month period. The Dow lost 464 points, or 2 percent, to 22,859. The NASDAQ Composite briefly dipped into bear market territory on Thursday and is now down almost 20 percent from its recent high. Scott Wren, senior global equity strategist at Wells Fargo Investment Institute, said investors felt Fed Chairman Jerome Powell came off as unconcerned about the state of the US ...
  • Average Juul Employee Is About to Be a Millionaire

    Average Juul Employee Is About to Be a Millionaire

    Markets

    The connection to Altria is expected to get Juul , which has risen swiftly over the last three years to become the U.S. market leader in e-cigarettes, more prominent distribution in convenience stores and other traditional retail channels, as well as such promotion as advertisements in traditional packs of cigarettes.
  • GST Council: Full List Of Rate Cuts

    GST Council: Full List Of Rate Cuts

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    GST rate on third party insurance premium of goods carrying vehicles shall be reduced from 18% to 12%. The Council also approved the creation of a centralised Appellate Authority for Advance Ruling (AAAR) to deal with cases of conflicting decisions by two or more state AAARs on the same issue.
  • Ford recalls 874,000 pickups in US, Canada on fire risk

    Ford recalls 874,000 pickups in US, Canada on fire risk

    Markets

    An additional 463,793 trucks in Canada are also being recalled. The recall covers 2017 - 19 gas and diesel Super Duty models and 2015 - 19 F-150s. Ford said the risk only exists while the truck is parked and the block heater cable is plugged in to an outlet.
  • Nissan's ousted chairman Carlos Ghosn re-arrested

    Nissan's ousted chairman Carlos Ghosn re-arrested

    Markets

    Nissan Motor has already ousted Ghosn out of the company and the board has also voted to remove Gerry Kelly from his post of representative director. No trial date has been set. Granting bail to suspects who say they are innocent has until recently been unusual in Japan. "The chances of bail are very high", said Nobuo Gohara, a lawyer and former prosecutor.