Dollar holds broad gains, NZ dollar stung by RBNZ

The U.S. dollar held near a six-year peak against the yen early on Thursday and powered to a seven-month high on its New Zealand peer, which fell after the country's central bank said its current level is "unjustified and unsustainable".


Retailers give themselves makeover as millennials follow own beat

Alison LePard, a 19-year-old college sophomore from Wellesley, Massachusetts, says that when she shops for clothes and accessories, her goal is a look that is uniquely hers. So she does a lot of mixing and matching.

Futures tick higher after recent weakness

U.S. stock index futures were a touch higher on Wednesday, suggesting investors found few reasons to jump back into the market even after a recent string of weakness.

China's economy can avoid hard landing: Premier Li

China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation.


Latest News

One in three German companies expect business with Russia to decline sharply this year as a result of economic sanctions imposed due to the Ukraine crisis, a German business lobby group said on Tuesday.
Apple Inc's embrace of wireless charging for its new Watch may be a defining moment for a technology that's languished for years amid competing standards and consumer confusion.
Apple Inc's newly unveiled smartwatch on Tuesday split fashion arbiters who may prove pivotal to its broad acceptance.
Microsoft Corp (MSFT.O) is in serious discussions to buy Mojang AB, the Swedish company behind the popular "Minecraft" video game, The Wall Street Journal said, citing a person with knowledge of the matter.
The estate of longtime Buffalo Bills owner Ralph Wilson, who died earlier this year, reached an agreement on Tuesday to sell the NFL franchise to Terry and Kim Pegula, who already own the National Hockey League's Buffalo Sabres.
The oil market's price setting agencies have avoided being linked to the kind of regulation trained on financial benchmarks, in a report by international regulators.
A proposed Indonesia-style ban on exports of unprocessed metal ores from the Philippines may not be implemented for about seven years, the proponent of a bill before Congress said on Tuesday, potentially easing pressure on nickel prices.
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
Apple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as Chief Executive Officer Tim Cook seeks to revive the technology company's reputation as a wellspring of innovation.
Regulating internet providers more like public utility companies could hurt the Internet and the U.S. economy, more than two dozen network technology and equipment makers have told U.S. Commerce Secretary Penny Pritzker.
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