 |
Abe to urge review of Japan's public fund strategy
TOKYO - Japan's government is set to urge the nation's public pension funds - a pool of over $2 trillion - to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, according to people with knowledge of the policy shift. Full Article
Asian shares capped, weak data support Fed stimulus hopes
TOKYO - Asian shares recovered from their lowest in about six months but were capped on Tuesday as the latest U.S. factory data kept the outlook for the U.S. Federal Reserve's stimulus program unclear, with investors waiting for a more important jobs report later in the week.
Woman in red becomes a symbol in Istanbul
ISTANBUL - Endlessly shared on social media and replicated on posters and stickers, the image of a woman in red being sprayed with teargas has become the leitmotif for female protesters during days of violent anti-government demonstrations in Istanbul. Full Article
SAC faces cuts as probe pushes investors away
BOSTON/NEW YORK - Steven A. Cohen's embattled hedge fund SAC Capital Advisors is facing a much tougher and less glamorous future, as outside investors pull the bulk of their money from the firm in the wake of an ongoing insider trading probe. Full Article
U.S. says Apple conspired on e-book pricing
NEW YORK - At the beginning of a three-week trial that pits the Justice Department against Apple Inc, the popular iPad and iPhone maker was charged with conspiring with book publishers to raise the price of e-books in a scheme costing consumers "hundreds of millions of dollars." Full Article
U.S. says WikiLeaks soldier showed 'arrogance'
FORT MEADE, Maryland - U.S. military prosecutors said arrogance drove the American soldier who went on trial accused of orchestrating the biggest leak of classified information in U.S. history through the WikiLeaks anti-secrecy website three years ago. Full Article
New IRS chief vows to clean up tax agency
WASHINGTON - The new chief of the Internal Revenue Service told Congress on Monday the tax-collecting agency would fully investigate and repair the problems that led to the inappropriate targeting of conservative groups for extra scrutiny. Full Article
U.S. says WikiLeaks soldier driven by "arrogance"
June 3 - Military prosecutors said "arrogance" drove U.S. Army Pfc. Manning, who is accused of the biggest leak of classified information in U.S. history. Deborah Lutterbeck reports.
Latest Headlines
Reviving a European democracy
Before they helped to create a world of rising prosperity, Europeans developed two powerful streams of political thought that ultimately allowed for the peaceful governance of their societies. Commentary
The economics of austerity
Around the world the idea of “austerity” is fiercely debated. This all created an opportunity to reconsider the principles that should guide fiscal policy. Commentary
Seeking a smarter approach to the budget
Sequestration grew out of a political impasse: Republicans refused to raise the government’s borrowing limit in 2011 without starting to bring spending under control, but Democrats refused to make choices about where to cut spending. Commentary
Arming Syrian rebels fraught with risk
The UK, France and maybe America are edging towards a policy of arming “moderate” rebels if peace talks don’t produce a breakthrough. The idea would be to tilt the war in favour of moderates, and against both Assad and Sunni jihadists. But it might not work out that way. Commentary
The case for keeping Bernanke
There are a number of good candidates the president could pick who would follow Bernanke’s lead at the Federal Reserve. There is, however, a bolder selection that would avoid the need for a nomination scrap: having Bernanke stay at his post. Commentary
Eric Holder’s power waltz with the press
The Washington journalism establishment —which allows federal officials to go off the record every minute on the minute — got a little picky this week. Commentary
 |
Tesla's supercharged ambition
Hitting a market value of $43 billion by 2022 is one of CEO Elon Musk's key targets. Antony Currie and Richard Beales explain what he needs to do to get there. Video
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
