China's central bank is injecting a combined 500 billion yuan ($81.35-billion) of liquidity into the country's top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.
TOKYO (Reuters) - Sony Corp (6758.T) on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling ...
Sears is down on the announcement of a $400 million loan from ESL Investments. Bidness Etc analyzes the company's failing turnaround strategies.
NEW YORK (Reuters) - U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S.
Nearly one-third of the 350,000 workers in Malaysia's electronics manufacturing sector -- a major supplier for leading global brands -- suffer labour conditions akin to "modern slavery", a report released Wednesday said.