Asia shares touch three-month top, cautious on FedAsian shares crept to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
from Re…Read More
Three-peat? Fed copies 1990s playbook in bid to avert a downturnIn the midst of what became a golden decade for the U.S. Federal Reserve, central bankers twice in the 1990s cut interest rates in short bursts that managed to help the U.S. economy continue growing despite slowing investment…Read More
Iran's thirsty energy industry runs up against water shortageThe plan to build a petrochemical plant near the Iranian city of Firouzabad had everything usually needed to get a project off the ground: approval from the nation's top authority, funding from the Revolutionary Guards and pl…Read More
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