South Korea central bank questions Bank of Japan easing

DAVOS, Switzerland (Reuters) – South Korea’s central bank governor on Saturday questioned the efficacy of Japan’s decision to ease monetary policy, saying its decision to start buying assets in 2014 could have unintended long-term consequences.




Credit Suisse could owe $2 billion in National Century fraud: judge

NEW YORK (Reuters) – Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge’s determination on how to apportion responsibility.




Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) – Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now.




S&P 500 vaults 1,500 as Wall Street extends rally

NEW YORK (Reuters) – The Standard & Poor’s 500 index closed above 1,500 for the first time in more than five years on Friday as strong earnings reports, including Procter & Gamble’s, helped the benchmark extend its rally to eight days.




Exclusive: US Air, AMR deal could come in next two weeks – sources

NEW YORK (Reuters) – US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with the final price and management structure still to be resolved, four people familiar with the matter said.




Europeans fill jobs void in Chile’s thriving economy

SANTIAGO (Reuters) – As the debt crisis raged across the euro zone last year, Madrid-native Laura Tapias and her partner found themselves out of work. With nearly one in four Spaniards unemployed, their prospects looked grim.




Rumble in the Wall Street jungle: Ackman, Icahn duke it out on TV

NEW YORK (Reuters) – Two of the most prominent investors in the world, Carl Icahn and Bill Ackman, had Wall Street mesmerized on Friday as years of acrimony exploded into a bruising verbal scrap on live TV.




Burnt circuit boards snag Japan Boeing 787 probe

TOKYO (Reuters) – A device seen as key to explaining why a Boeing Co 787 Dreamliner jet made an emergency landing in Japan last week is burnt and unlikely to provide safety inspectors with data they need, said a person with knowledge of the ongoing investigation.