AFP

Japan’s Honda and Nissan to begin merger talks: report

Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday.The two firms are looking to operate under a single holding company and will soon sign a memorandum of understanding for the new entity, according …

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Stock markets mostly drop awaiting Fed policy update

Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.Wall Street’s major indices fell at the opening bell, having ended the previous day mostly higher with Asia unable to pick up …

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Markets mostly down as Fed gears up for interest rate decision

Most markets fell Tuesday as attention turned to the Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.The decision, which is expected to see officials lower borrowing costs again, comes in a busy week for central banks, with announcements in Japan …

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Asian markets drop as Fed gears up for interest rate decision

Most Asian markets fell Tuesday as attention turned to the Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.The decision, which is expected to see officials lower borrowing costs again, comes in a busy week for central banks, with announcements in …

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Canada deputy PM quits in tariff rift with Trudeau

Canada’s Deputy Prime Minister Chrystia Freeland quit Monday in a surprise move after disagreeing with Justin Trudeau over US president-elect Donald Trump’s tariff threats.The resignation of Freeland, 56, who also stepped down as finance minister, marked the first open dissent against Prime Minister Trudeau from within his cabinet, and may threaten his hold on power.Liberal …

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Asian markets mixed as Fed gears up for interest rate decision

Asian markets fluctuated Tuesday as attention turned to the Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.The decision, which is expected to see officials lower borrowing costs again, comes in a busy week for central banks, with announcements in Japan …

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Global stocks mostly fall, bitcoin soars to new peak

Global shares mostly retreated Monday as markets awaited a Federal Reserve interest rate decision while concerns over political battles in Europe and China’s struggling economy pressured equities.The Nasdaq was the day’s outperformer, surging more than one percent to a fresh all-time high behind big gains for Broadcom, Google-parent Alphabet and other tech names.But the Dow …

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