Fed Kashkari doubts if tax cuts results in higher investment

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Minneapolis Fed President Neel Kashkari stated that the finest effect of the $1.5T tax overhaul on the US economy is that it fuels investment and productivity, but noted that the prospect is still unclear.
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Thu, 22 Feb 2018 06:23:42 GMT

GM considers $4B in asset sales, not intended to sell stock

General Electric was looking upon the first $4B in asset sales within the company's plans for $20B in disposals, the CFO stated, but had no plans for selling stock.

Thu, 22 Feb 2018 04:38:46 GMT

South Korea says relations with US solid

The President of South Korea Moon Jae-in stated that relations with the US are "strong and robust" and "rock solid" as ever, a media report showed.

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