BOJ's September meeting to be watched closely for new easing

Business / Economy Aug 16, 2019

BOJ's September meeting to be watched closely for new easing

The next policy-setting meeting of the Bank of Japan, set to be held from Sept. 18 to 19, is the subject of heightened attention as observers anticipate fresh monetary-easing after the yen's recent spike against other major currencies. The yen's appreciation, which has been attributed ...

U.S. lawmakers pressure tech as devices capture conversations

Business / Tech Aug 15, 2019

U.S. lawmakers pressure tech as devices capture conversations

Members of Congress from both parties called out Facebook Inc. on Wednesday for paying contractors to transcribe audio clips from its users and urged new statutes to tackle the drumbeat of such revelations from across the tech industry. The calls, which followed a Bloomberg report ...

How does a negative rate policy work?

Business Aug 14, 2019

How does a negative rate policy work?

This is how a negative rate policy works and its potential pitfalls: Why have some central banks adopted negative rates? To battle the global financial crisis accelerated by the collapse of Lehman Brothers in 2008, many central banks cut interest rates to near zero. A decade ...

Putin urges arms talks with U.S. after nuclear pact's demise

World / Politics Aug 6, 2019

Putin urges arms talks with U.S. after nuclear pact's demise

Russian President Vladimir Putin said Monday that Russia would only deploy new intermediate-range missiles if the United States does and called for urgent arms control talks to prevent a chaotic arms race following the demise of a key nuclear pact. Putin made his statements after ...

Ryanair tells ranks it has 900 more pilots and crew than needed

Business Aug 1, 2019

Ryanair tells ranks it has 900 more pilots and crew than needed

Ryanair has 500 more pilots and 400 more cabin crew than needed, and job losses will be announced in the coming weeks, Chief Executive Michael O'Leary told staff in a video message vimeo.com/350780012/5abde31242. The comments come less than two years after Europe's biggest budget airline ...