Boris Schlossberg of BK Asset Management, and Gina Sanchez of Chantico Global discuss which companies and industries benefit from a weaker dollar with Brian Sullivan.
LONDON, March 31- European shares fell on Thursday, retreating after solid gains in the previous session following dovish comments from the head of the U.S. The index had risen 1.3 percent in the previous session after Federal Reserve Chair Janet Yellen's call for caution in raising U.S. interest rates buoyed global stock markets. French telecom stocks were...
TORONTO, March 30- Canada's main stock index rose on Wednesday as energy stocks bounced with higher oil prices and equity investors broadly cheered a more cautious tone on U.S. interest rate hikes from the Federal Reserve. Among the most influential movers on the index were pipeline operator Enbridge Inc, which rose 2.2 percent to C $50.19, and oil and gas...
March 30- Valeant Pharmaceuticals International Inc said it had asked its lenders to agree to waive a condition of its credit facility that would put it in breach of covenants if the company did not file its annual report by April 29, as planned. The company, whose U.S.-listed shares were up 4.7 percent at $30.34 in premarket trading on Wednesday, said this month...
Taiwan's Foxconn Wednesday agreed to acquire Sharp at a big discount to its original offer after a month of wrangling.
TOKYO, March 30- Japanese stocks fell on Wednesday as the yen strengthened against the dollar after U.S. Federal Reserve Chair Janet Yellen called for caution on raising interest rates, with the stronger yen weighing on Japan's exporters. Shares of Takata Corp plunged 19.5 percent after Bloomberg News reported the company's worst-case scenario for its...
Two Chinese banks fell on their first trading day in Hong Kong on Wednesday, reflecting investor fears about non-performing loans and bad debt.
CNBC Contributors Jeffrey Sonnenfeld of the Yale School of Management, and Bill George, former Medtronic chairman & CEO, talk about the leadership challenges facing Alphabet with the various companies in the corporate structure.
March 29- U.S. solar company SunEdison Inc is at "substantial risk" of bankruptcy, unit TerraForm Global Inc said, sending SunEdison's shares down 20 percent in premarket trading. TerraForm Global, citing SunEdison's liquidity issues, said it would join its parent and fellow SunEdison "yieldco" TerraForm Power Inc in delaying its annual report for the year ended...
March 29- Hong Kong stocks drifted aimlessly and closed flat on Tuesday, ahead of a speech by Federal Reserve Chair Janet Yellen, after trading resumed following a four-day Easter weekend. The Hang Seng index edged lower in morning trading but ended the session up 0.1 percent at 20,366.30 points. Shares of BYD Co Ltd jumped 4.9 percent in Hong Kong, far...
Despite China's limits on property financing, real estate is still a favorite asset class of the Chinese, said CLSA's regional property research head.
China's massive pension fund is likely to start investing in the mainland's A-shares this year, state-run China Daily reported on Monday.
Netflix has been lowering the quality of its videos to most wireless networks for more than five years, the WSJ reported.
PetroChina is “substantially overstaffed,” said Bernstein’s senior oil and gas analyst, Neil Beveridge.
The resource sector is seeing signs of recovery, but investment bank Goldman Sachs is still underweight on the segment's stocks.
Layoffs in Singapore have hit their highest levels since the global financial crisis due to sustained low oil prices hits.
The oil market is reaching some stability after earlier volatility, the vice chairman of Saudi petrochemicals giant SABIC said.
An iron ore oversupply still needs to "work through the system," Fortescue chairman Andrew Forrest warned.
Elmer Funke Kupper has resigned with immediate effect as MD and CEO of the Australian Securities Exchange, to focus on an police investigation.
China is playing a bigger role on the world stage, as entrepreneur-driven firms snag assets abroad, according to WPP CEO Martin Sorrell.