SHANGHAI (Reuters) – Asian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.8 percent, building on early gains made after British Prime Minister Theresa May survived a no-confidence […]

The Royal Institution of Chartered Surveyors (RICS) said its house price balance – a gauge of whether values are more commonly rising or falling – slipped to -11 in November, down from -10 in October. It was the lowest level since September 2012 and worse than expected by economists. RICS chief economist Simon Rubinsohn said: […]

A debt-advisory firm founded by former Dolmen Corporate Finance executive Kevin Beary, has lost an appeal against a High Court order that the firm provide security in respect of the costs of defendants in a €6m action the company is taking against them. Beary Capital Partners sued companies called Htamretfa Ltd, formerly Dolmen Securities, and […]

Consumer finance technology brand Revolut has taken the first step to bringing its full current account service to Ireland after securing a European banking licence in Luxembourg. The licence will allow the alternative to traditional banks to offer full deposit and credit services, including overdrafts, personal loans and term deposits. The London-based fintech, already has […]

WASHINGTON (Reuters) – The Federal Communications Commission on Wednesday voted to open a new review of U.S. media ownership rules and seek comments on whether the government should end a prohibition on mergers among the four largest broadcast networks. The FCC said it could reverse the rule that bars a merger among the “Big Four” […]

Proponents of legal marijuana spent decades fighting a slow battle for mainstream acceptance. Now, with recreational use legal in Canada and many states in the United States, big business is suddenly swooping in. Altria, the maker of Marlboro and other cigarettes, last week paid $1.8 billion for almost half of Cronos Group, a cannabis company […]

WASHINGTON (Reuters) – U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs. The strength in underlying inflation reported by the Labor Department on Wednesday supports views that the Federal Reserve will raise interest rates […]

LONDON (Reuters) – Stock markets rallied on Wednesday as U.S. President Donald Trump sounded upbeat about a trade deal with China, while sterling rose off 20 month lows as Prime Minister Theresa May vowed to fight a challenge to her leadership. In an interview with Reuters, Trump said talks were taking place with Beijing by […]

IRELAND’S economy will still grow next year even if there is a hard Brexit, Taoiseach Leo Varadkar has said. Insisting that the Government is prepared for a worst case scenario, Mr Varadkar told the Dáil that the economy is “so strong, we’d continue to grow and not go into recession”. However, he repeatedly sought to […]

(Reuters) – U.S. stocks jumped at open on Wednesday as the Wall Street Journal report about China’s plans to increase access for foreign firms added to earlier optimism on trade from Trump’s upbeat comments. The Dow Jones Industrial Average .DJI rose 138.85 points, or 0.57 percent, at the open to 24,509.09. The S&P 500 .SPX […]