Tag: Business
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Stronger capital rules coming to midsize banks in the US
Martin Gruenberg, Chairman of the US Federal Deposit Insurance Corporation (FDIC), said bank regulators are considering applying stricter capital rules to banks with more...
US$ 9.2 billion loan to Ford-SK On joint venture
The US Department of Energy has announced that it will provide a joint venture of automaker Ford and South Korean battery manufacturer SK On...
Asian stocks fall on Japan inflation data
Asian markets are generally falling; Japan's inflation eased, but remained above the BOJ target.
Asia-Pacific markets tumbled on Friday as investors evaluated inflation data from...
US chip maker Micron to invest in India
US microchip maker Micron Technologies has announced that it will invest up to $825 million to build a new semiconductor assembly and test facility...
Recession statement from Yellen
US Treasury Secretary Janet Yellen stated that the likelihood of the US economy entering a recession is weakening.
Treasury Secretary Janet Yellen stated that the...