‘Finance’ Articles
Panasonic headed for record $10 billion annual loss
TOKYO (Reuters) - Japan's Panasonic Corp forecast a record annual net loss of $10.2 billion on Friday, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and overcome criticism that they have lost their way.
Shares, euro flat ahead of U.S. jobs report
LONDON (Reuters) - A dip in figures on China's non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world's top economy.
China cabinet economist warns of "deflation" in 2012
BEIJING (Reuters) - China's headline consumer price index (CPI) is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.
Small business hiring flat in January: poll
(Reuters) - U.S. small business hiring was flat in January, a poll released on Friday showed, slightly better than the previous month's reading but still far from levels consistent with strong employment growth.
Analysis: A sobering look at Facebook
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
China’s push for rail reform could be dead in its tracks
BEIJING (Reuters) - When Zhang Dong sat down recently to book train tickets for his trip home for the Chinese new year, he got a taste of the frustration that has helped make China's railway ministry a focus of anger against the country's many bureaucrats.
Fed still divided as Fisher sees no need for QE3
AUSTIN, Texas (Reuters) - A third round of large-scale asset purchases by the Federal Reserve is not needed and would compound the difficulties of tightening monetary policy when the time finally comes, a top Fed official said on Thursday.
Analysis: Obstacles high for more mortgage prosecutions
NEW YORK (Reuters) - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
