Daily News

Nov 4 Japan's Nikkei share average fell to a 2-1/2-week low on Friday after major stocks like automakers stumbled on continued uncertainty surrounding next week's U.S. presidential election. The Nikkei ended 1.3 percent lower at 16,905.36, the lowest closing level since Oct. 17. For the...

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Daily News

Oil set for sixth straight day of declines

Henning Gloystein

Nov 04 2016
08:35
       

Oil prices were on course for their sixth straight day of falls on Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts. Brent crude futures LCOc1 were at $46.21 per barrel at 0740 GMT (3:40 a.m. ET) , down...

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Asia shares slip, dollar shaky as investors anxious before U.S. election

Reuters Editorial

Nov 04 2016
08:33
       

Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the U.S. presidential election. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.4 percent after brushing its lowest levels since early...

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* Basel reform set to tighten capital rules * Regime will hit big global lenders * Deutsche Bank among those most affected - sources By Francesco Canepa and John O'Donnell FRANKFURT, Nov 2 Germany's Deutsche Bank is among roughly a dozen large European lenders that face higher...

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Daily News

Oil prices rise on Nigeria pipeline attack, weaker dollar

Mark Tay

Nov 03 2016
08:30
       

Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. Brent crude was trading up 50 cents, or 1.1 percent, at $47.36 a barrel by 0640 GMT. U.S. crude was up 40 cents, or 0.9...

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Daily News

Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Supantha Mukherjee and Liana B. Baker

Nov 03 2016
08:25
       

Chipmaker Broadcom Ltd (AVGO.O) said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger...

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