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SINGAPORE (Reuters) - Caution was the name of the game in financial markets on Friday ahead of U.S. President-elect Donald Trump's inauguration later in the day, with Asian stocks and the dollar pulling back and U.S. Treasury yields hovering near their highest close this year.
PALO ALTO, Calif. (Reuters) - With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly to keep jobs plentiful and inflation low, Federal Reserve Chair Janet Yellen said on Thursday.
(Reuters) - International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics.
BEIJING (Reuters) - Boosted by higher government spending and record bank lending, China is expected to report on Friday that its economy grew by a steady 6.7 percent in the fourth quarter, giving it a solid tailwind heading into what is expected to be a turbulent 2017.
NEW YORK (Reuters) - A month ago, the dollar and stock markets were riding high as investors bet that the Trump administration, together with the Republican-controlled Congress, would usher in an era of lower taxes, more government spending and looser regulations.
TOKYO (Reuters) - Japan's struggling Toshiba Corp has started the process to sell a minority stake in its flash memory chip business worth several billion dollars, and funds Permira and Bain Capital have expressed interest, Kyodo news agency reported.
(Reuters) - Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier & Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday.
(Reuters) - American Express Co posted a lower-than-expected quarterly profit on Thursday as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.
TOKYO (Reuters) - Shares in Japan's Toshiba Corp extended losses on Friday, weighed down by concern over a potentially bigger-than-expected $6 billion writedown triggered by cost overruns at its U.S. nuclear business.
(Reuters) - Viacom Inc's Paramount Pictures will receive a $1 billion cash investment from two Chinese film companies, Shanghai Film Group and Huahua Media, giving the U.S. studio needed cash and stability as it attempts to grow.
“Our goal is to save this house,” Andrea Burns. [...]
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Elitch Lanes sale to a retailer shows Denver is "nearing the tail end of the apartment building frenzy,” John Winslow [...]
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