By Frank Jack Daniel
NEW DELHI (Reuters) – Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Continue Reading →
KIRKLAND, Wash., May 20, 2013 /PRNewswire/ — Following a recent announcement, LTC Partners & Insurance Services, LLC, will be providing long-term care education to member banks of the California Bankers Association (CBA), one of America’s largest state banking trade organizations. Continue Reading →
By David Brett
LONDON (Reuters) – The dollar held firm near a 10-month high versus a basket of currencies on Friday and European shares fell after a regional Federal Reserve chief said the U.S. central bank may begin to taper its asset buying this summer. Continue Reading →
AYLESBURY, England (AP) — Japan convinced its partners in the Group of Seven leading industrial economies Saturday that it was not manipulating its currency as part of its bold attempt to get its economy out of a near two-decade period of stagnation.
And at the conclusion of a two-day meeting of leading financial representatives from the G-7 countries — the U.S., Germany, France, Italy, Japan, Canada and the U.K. — there appeared to be a formal acknowledgement that each member needed to secure their own countries’ growth by balancing economically restraining austerity measures with growth-enhancing policies. Continue Reading →
KINGSTON, Jamaica (AP) — In a bid to safeguard biodiversity and the Caribbean’s tourism-based economy, regional political leaders and corporate executives will gather Friday on billionaire Richard Branson‘s private island with the aim of protecting 20 percent of the region’s coastal resources by 2020.
Participants are expected to announce various commitments to advance the “Caribbean Challenge,” an initiative that is touted as the first comprehensive conservation endeavor in the region of scattered islands that has 10 percent of the world’s coral reefs and some 1,400 species of fish and marine mammals. Continue Reading →
NEW YORK (AP) — Macy‘s Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers’ spending on spring clothes.
The company, which also operates the upscale chain Bloomingdale’s, is also raising its dividend to 25 cents from the current 20 cents. It also announced an additional $1.5 billion in stock buybacks. Continue Reading →
JINJIANG, Fujian Province, China, May 14, 2013 /PRNewswire/ — China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) (“China Ceramics” or the “Company”), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced financial results for the first quarter ended March 31, 2013. Continue Reading →
By Mark Felsenthal
WASHINGTON (Reuters) – President Barack Obama on Tuesday called the findings in a government report about the Internal Revenue Service‘s targeting of conservative groups for extra scrutiny intolerable and said he has directed his administration to hold those responsible for the agency’s actions accountable. Continue Reading →
By Daniel Flynn
DAKAR (Reuters) – The World Bank‘s investment arm will increase lending to sub-Saharan Africa by up to a quarter this year as private sector companies flock to the fast-growing region, its vice-president said. Continue Reading →
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