April 15 Reuters Shares of Dell rose nearly 8 in premarket on Thursday, a day after the PC maker said it would spin off its majority stake in cloud computing software maker VMware, which would trim down its business and make the firm nimbler. The spinoff of its 81 stake in VMware, first proposed in […]

WASHINGTON, April 15 Reuters Production at U.S. factories rebounded in March amid strengthening domestic demand, with output of motor vehicles rising despite a global semiconductor chip shortage that has forced some automakers to cut production. Manufacturing production jumped 2.7 last month after declining 3.7 in February, the Federal Reserve said on Thursday. Manufacturing production remains […]

Gold futures climbed Thursday, with prices poised to log their biggest daily gain since March as benchmark U.S. bond yields pull back and rising U.S. tensions with China and Russia boosted the haven metals appeal to investors. Gold also moved up after a series of good reports on the health of the U.S. economy, which […]

TOKYO, April 15 Reuters Japanese shares closed slightly higher on Thursday, led by cyclical firms that would benefit from a global economic rebound and banks which tracked their U.S. peers, while a fall in technology stocks capped gains. Nikkei share average edged up 0.07 to close at 29,642.69, after briefly retreating following a senior politicians […]

Rates as of 0500 GMT Market Recap Well, as usual Im right but unfortunately the market doesnt agree. NZD continued to appreciate despite my coruscatingly brilliant argument that yesterdays Reserve Bank of New Zealand RBNZ statement didnt warrant it. To make matters worse, even though there was a blowout Australia employment report unemployment rate falls […]