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japan central bank upgrades outlook, keeps policy intact


japan's central bank upgraded its outlook for growth in the coming year on tuesday but hedged its bets by keeping its lavish monetary easing unchanged.






japan central bank upgrades outlook, keeps policy intact


tokyo (ap) — japan’s central bank upgraded its outlook for growth in the coming year on tuesday but hedged its bets by keeping its lavish monetary easing unchanged. the bank of japan cited easy lending conditions, rising exports and stronger government and corporate spending, in part linked to the 2020 tokyo olympics, as reasons to […]






japan’s central bank keeps policy intact, upgrades outlook


tokyo (ap) — japan’s central bank has ended its first board meeting of the year with a decision to keep its lax monetary policy and negative benchmark interest rate unchanged. the bank of japan upgraded its forecasts for growth, though, citing signs the world’s third biggest economy is gaining momentum despite recent weakness in consumption […]






japan’s central bank keeps policy intact, upgrades outlook


tokyo (ap) — japan’s central bank w ped up its first board meeting of the year on tuesday with a decision to keep its ultra-loose monetary policy unchanged, though it upgraded its growth forecasts for the world’s third-largest economy. the bank of japan cited easy lending conditions, rising exports and stronger government and corporate spending, in […]






former spain central bank chief investigated for failed ipo


spain's national court is summoning the former heads of spain's central bank and the stock market watchdog to be questioned for failing to stop the disastrous flotation of a savings bank that had to be bailed out.






former spain central bank chief investigated for failed ipo


madrid (ap) — spain’s national court is summoning the former heads of spain’s central bank and the stock market watchdog to be questioned for failing to stop the disastrous flotation of a savings bank that had to be bailed out. bankia, created after merging the assets of seven struggling spanish banks, offered shares in an […]






yellen hints at rate hike next month while noting uncertainty in economic outloo


federal reserve chairwoman janet l. yellen on tuesday painted a largely upbeat picture of the economy, telling lawmakers that somewhat faster wage growth is in store for workers, even as she signaled that the central bank would consider raising interest rates as early as next month. most analysts...






bank of england revises up uk growth forecasts


london (ap) — the bank of england on thursday revised up its growth forecasts for the british economy for the coming three years but cautioned about the inflation outlook in the wake of the pound’s sharp decline since the country’s vote to leave the european union. the bank also kept its main interest rate at […]






european central bank head draghi says stimulus still needed


the head of the european central bank says that its monetary stimulus efforts are still very much needed to support the continent's economic recovery — despite the recent spike in inflation in the countries that use the euro currency.






leader of new zealand’s central bank to step down this year


wellington, new zealand (ap) — the leader of new zealand’s central bank announced tuesday he will step down in september when his five-year term expires. reserve bank governor graeme wheeler said he always intended to serve only a single term and then to take on other governance roles. wheeler’s deputy grant spencer will take over […]






european central bank head rebuffs us claims on euro


the head of the european central bank has pushed back against trump administration claims that germany gets unfair trade a ntage from a too-low euro.






leader of new zealand’s central bank to step down this year


wellington, new zealand (ap) — the leader of new zealand’s central bank says he’ll step down in september when his five-year term expires. reserve bank governor graeme wheeler said tuesday it was always his intention to serve only a single term and then to take on governance roles. wheeler’s deputy grant spencer will take over […]






european central bank head warns on trump deregulation push


the head of the european central bank expressed concern about the trump administration's moves to relax financial oversight, saying such deregulation helped pave the way for the global financial crisis.






leader of new zealand's central bank to step down this year


the leader of new zealand's central bank announced tuesday he will step down in september when his five-year term expires.






european central bank head warns on trump deregulation push


frankfurt, germany – the head of the european central bank expressed concern about the trump administration’s moves to relax financial oversight, saying such deregulation helped pave the way for the global financial crisis.






microsoft outlook on ios now features evernote, other add-ins


marking the second anniversary of outlook mobile, microsoft outlook on ios is now featuring add-ins from evernote, trello and others.






european central bank head draghi says stimulus still needed


frankfurt, germany (ap) — the head of the european central bank says that its monetary stimulus efforts are still very much needed to support the continent’s economic recovery — despite the recent spike in inflation in the countries that use the euro currency. mario draghi told members of the european parliament on monday that the […]






bank stocks’ jump pushes u.s. indexes higher; bond yields rise


bank stocks jumped tuesday on hopes that bigger profits are ahead, and u.s. indexes again climbed to record highs. stocks had been mostly lower when the day's trading began, but indexes reversed course after federal reserve chief janet yellen told a senate committee that the central bank could...






european central bank head draghi says stimulus still needed


frankfurt, germany (ap) — the head of the european central bank says that its monetary stimulus efforts are still very much needed despite the recent spike in inflation in the 19 countries that use the euro currency. mario draghi told members of the european parliament’s economic and monetary affairs committee monday that the uptick in […]






yellen defends fed independence, banking regulations


washington (ap) — federal reserve chair janet yellen defended the central bank’s independence wednesday from republican lawmakers who are pushing for major changes in how the central bank operates and how regulators oversee the nation’s banking system. during a hearing that stretched over four hours, gop lawmakers repeatedly challenged yellen’s handling of the economy and […]






smiles, a hug set tone for trump's meeting with japan's abe


president donald trump, fresh off patching up ties with china, reassured japan's leader that the u.s. will defend its close ally. together, the pronouncements illustrated a shift toward a more mainstream trump stance on u.s. policy toward asia.






gopro goes south as outlook proves disappointing


sport- era maker gopro sees its shares slide as its first-quarter outlook falls short of wall street's expectations.






outlook for ios speeds up work with third-party add ins


users of microsoft's outlook app for iphone and ipad can now get work done quicker using third-party integrations. as of thursday, outlook for ios supports add-ins, which let software companies build extensions to their own products that interact with emails in outlook on a user’s smartphone and tablet. at launch, the app supports add-ins from evernote, giphy, nimble, trello and smartsheet, in addition to those that microsoft has created. for example, users will be able to translate emails using a microsoft translator add-in, add cards to a trello board straight from their email and quickly reply to an email thread with a funny animated gif.to read this article in full or to leave a comment, please click here






elgin bank held up by man sought in earlier bank heist, fbi says


a fifth third bank branch in elgin was robbed friday by a man the fbi believes may have held up a bank last month in woodridge. the man went into the 1645 larkin ave. bank at about 5:15 p.m. and demanded cash, officials said. he did not display a weapon. the suspect is described as being in his...






smiles, a hug set tone for trump’s meeting with japan’s abe


washington (ap) — president donald trump, fresh off patching up ties with china, reassured japan’s leader that the u.s. will defend its close ally. together, the pronouncements illustrated a shift toward a more mainstream trump stance on u.s. policy toward asia. welcoming prime minister shinzo abe to the white house with a hug, trump said […]






biz break: pandora posts strong results, but outlook disappoints


pandora lives up to expectations with its strong sales results, but its outlook leaves investors with something to be desired.






jumping bank stocks push us indexes higher; bond yields rise


u.s. stock indexes flipped to modest gains in tuesday afternoon trading, led by a push higher for banks, to climb further into record territory. bond yields rose after federal reserve chair janet yellen said the central bank is still on track to raise interest rates gradually.






elgin bank held up by man sought in earlier robbery, fbi says


a fifth third bank branch in elgin was robbed friday by a man the fbi believes may have held up a bank last month in woodridge. the man went into the bank at 1645 larkin ave. about 5:15 p.m. and demanded cash, officials said. he did not display a weapon. the suspect is described as being in his...






central asia's autocrats welcome the age of trump


president donald trump's "america first" foreign policy, which eschews traditional policies like human rights and democracy and emphasizes killing jihadis, has alarmed traditional u.s. allies around the world. but for the regimes of central asia, the former real estate mogul's brand of international...






uk inflation reaches a 2 1/2-year high in january


london (ap) — inflation in britain reached a 2 1/2-year high in january, as rising fuel prices pushed the rate closer to the central bank’s target. the office for national statistics said tuesday that inflation hit 1.8 percent last month, just shy of the 2 percent target set by the bank of england, and up […]






chance and challenge: japan inc worried but hopeful on trump


president donald trump's salvos on trade and currency are rattling japan inc., but many here hope prime minister shinzo abe can sell him a "win-win" package of job creation and investment when they meet this week, averting a return of the japan-bashing of the 1980s.






hummingbird nest halts upgrades on bay area bridge


richmond, calif. (ap) — the discovery of a hummingbird’s nest with an egg inside is stalling upgrades on a san francisco bay area bridge. kcbs reports (http://cbsloc.al/2klxrff ) tuesday that the backhoes are waiting and the safety barriers are ready. but work on a key part of the $70 million richmond-san rafael bridge’s upgrade project […]






japan spokesman: trump criticism of currency policy off base


tokyo (ap) — japanese officials have rejected u.s. president donald trump’s suggestion that tokyo is seeking to weaken the yen against the u.s. dollar to gain a trade a ntage. government spokesman yoshihide suga said wednesday that trump’s comment, made in a meeting with executives of pharmaceutical companies, “completely misses the mark.” suga told reporters japan […]






hempstead town bond rating downgraded, but outlook improves


the town of hempstead's bond rating was downgraded for a third straight review by moody's investors services, but the ratings agency raised the town's financial outlook.






mexico's remittances reach almost $27 billion


mexicans living abroad sent home almost $27 billion in 2016, the highest yearly figure on record, the central bank reported on wednesday.