Stories about Finance

Feb 27 2016

IMF's Lagarde, other G20 finance VIPs urge action on reforms

U.S. Treasury Secretary Jack Lew and others have urged Beijing against devaluing the yuan again, as it did in August, and called for better policy communication from Beij...

Feb 27 2016

JC Penney launches one cent deals

Penney's chief marketing officer. JCPenney will host its first weeklong Penney Days event starting February 28 in stores and at jcp.com. How it works is that consumer...

Feb 27 2016

Ship that ran aground off Antarctica freed, researchers safe

As we reported earlier , Australia is expected to soon finalize contractual arrangements for replace Aurora Australis with a faster, larger and stronger icebreaker, to...

Feb 27 2016

China rules out weakening yuan to boost trade

Dow and S&P futures both rose 0.5 percent, suggesting an upbeat start to trading. It said another downgrade is likely in April. The Shanghai Composite Index rose 1 percen...

Feb 27 2016

OPEC: Output Freeze Will Push Prices Over $50/bbl

Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-Opec producers is likely to set the stage for ...