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ECB’s Nowotny says no to loosening funding for Greece now

FRANKFURT A European Central Bank policymaker played down the prospects for an immediate loosening of funding for cash-strapped Greece, saying that when it came to accepting the country’s bonds as security for central bank credit, the answer remained no. The … Continue reading

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ECB’s Nowotny says no to loosening funding for Greece now

FRANKFURT A European Central Bank policymaker played down the prospects for an immediate loosening of funding for cash-strapped Greece, saying that when it came to accepting the country’s bonds as security for central bank credit, the answer remained no. The … Continue reading

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Oil prices rise ahead of U.S. inventories data

SINGAPORE Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. The resurgent dollar had weighed on the market earlier in the … Continue reading

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Oil prices rise ahead of U.S. inventories data

SINGAPORE Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. The resurgent dollar had weighed on the market earlier in the … Continue reading

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Japan April retail sales rebound, ease pressure on BOJ

TOKYO Japan’s retail sales rebounded modestly in the year to April after three straight months of falls, bolstering the central bank’s case that consumer spending is reviving to underpin a steady economic recovery. The data adds to signs of improvement … Continue reading

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Japan April retail sales rebound, ease pressure on BOJ

TOKYO Japan’s retail sales rebounded modestly in the year to April after three straight months of falls, bolstering the central bank’s case that consumer spending is reviving to underpin a steady economic recovery. The data adds to signs of improvement … Continue reading

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Honda expands air bag recall after Takata complies with U.S. order

TOKYO Honda Motor Co (7267.T) called back about 340,000 cars in Japan to replace air bag inflators made by Takata Corp (7312.T) after the Tokyo-based parts supplier last week agreed to comply with U.S. orders to expand some of its … Continue reading

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Honda expands air bag recall after Takata complies with U.S. order

TOKYO Honda Motor Co (7267.T) called back about 340,000 cars in Japan to replace air bag inflators made by Takata Corp (7312.T) after the Tokyo-based parts supplier last week agreed to comply with U.S. orders to expand some of its … Continue reading

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IMF’s Lagarde says still much work to do in Greek debt talks

DRESDEN, Germany The head of the International Monetary Fund (IMF) said in a German television interview on Thursday that there was still a lot of work to do before Greece and its international lenders could clinch a cash-for-reforms deal. “We … Continue reading

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IMF’s Lagarde says still much work to do in Greek debt talks

DRESDEN, Germany The head of the International Monetary Fund (IMF) said in a German television interview on Thursday that there was still a lot of work to do before Greece and its international lenders could clinch a cash-for-reforms deal. “We … Continue reading

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