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2016-05-29

Futures Movers: Oil prices drift lower as OPEC meeting nears

But trading volume for Monday is expected to be low due to a public holiday in the U.S.

posted 2016/05/29 by MarketWatch.com - Top Stories

Asia Markets: Nikkei shoots up over 1% after Yellen comments trigger yen weakness

The Nikkei Stock Average was up 0.9%, fueled by weakness in the Japanese yen amid broad U.S. dollar strength, boosting export-oriented companies

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Uganda unfriends North Korea, buddies up with South

Uganda, one of North Korea’s closest allies in Africa, said it would halt all military cooperation with Pyongyang following a summit meeting with South Korea’s president.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: CEO of embattled trading firm Noble Group resigns

Embattled commodities trader Noble Group on Monday announced the resignation of its chief executive and the planned sale of its prized North America energy solutions business, capping months of difficulties for the company.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Fed’s Bullard: Monetary policy has little effect on employment

Monetary policy cannot substantially affect U.S. labor-force participation that has been declining in recent years, Federal Reserve Bank of St. Louis President James Bullard said on Monday.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Mizuho CEO warns of repercussions if Japan delays sales-tax hike

The chief of Mizuho Financial Group Inc. said Japan risks a credit-rating downgrade if Prime Minister Shinzo Abe delays a scheduled sales-tax increase without explaining how the government plans to cut its deficit.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Sensing opportunity, Libertarians pick Gary Johnson, William Weld for ticket

The Libertarian National Convention on Sunday choose a pair of former Republican governors as their presidential and vice presidential nominees, putting forward the most-experienced election ticket in the party’s four-decade history.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Suncor expects to resume Canada oil-sand operations as wildfire wanes

Suncor Energy Inc. said Sunday it has begun a “staged restart” of operations near the fire-ravaged community of Fort McMurray, Alberta.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Donald Trump vows VA reforms at Washington rally

Donald Trump reached out to veterans at a biker rally in front of the Lincoln Memorial on Sunday afternoon, drawing applause as he promised to pay for private health care and to announce new donations to veterans groups.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Margin: Gorilla shot, killed after 4-year-old boy falls into zoo enclosure

A 400-pound gorilla was shot and killed Saturday after it was deemed a threat to a 4-year-old boy who fell into a zoo enclosure in Cincinnati, Ohio.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: At least 700 migrants feared dead crossing Mediterranean in recent days

About 700 people are thought to have died attempting to cross the Mediterranean Sea from North Africa in the past few days, the United Nations’ refugee agency said Sunday, further highlighting the perils of the world’s deadliest migration route.

posted 2016/05/29 by MarketWatch.com - Top Stories

The Wall Street Journal: Judge orders internal Trump University documents released

A federal judge in San Diego has ordered the unsealing of hundreds of pages of internal documents produced by Donald Trump’s Trump University in connection with a fraud lawsuit against the company, the latest twist in the long-running lawsuit against…

posted 2016/05/29 by MarketWatch.com - Top Stories

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