Fed’s Yellen says unwise to allow U.S. economy to run ‘hot’

PALO ALTO, Calif. (Reuters) - With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly to keep jobs plentiful and inflation low, Federal Reserve Chair Janet Yellen said on Thursday.

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Asian stocks slip, dollar flat as caution reigns before Trump inauguration

SINGAPORE (Reuters) - Caution was the name of the game in financial markets on Friday ahead of U.S. President-elect Donald Trump's inauguration later in the day, with Asian stocks and the dollar pulling back and U.S. Treasury yields hovering near their...

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Toshiba starts process to sell stake in chip business: Kyodo

TOKYO (Reuters) - Toshiba Corp has started the process to sell a minority stake in its profitable flash memory chip business, expecting to fetch several billion dollars as it faces a bigger-than-expected writedown for its U.S. nuclear business, Kyodo ...

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Toshiba shares extend losses on accounting woes

TOKYO (Reuters) - Shares in Japan's Toshiba Corp extended losses on Friday, weighed down by concern over a potentially bigger-than-expected $6 billion writedown triggered by cost overruns at its U.S. nuclear business.

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IBM revenue fall dims upbeat profit forecast

(Reuters) - International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics.

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