 | | | | President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S. Federal Reserve, saying it has raised interest rates too quickly. | | | | | | Former Nissan Motor Co Representative Director Greg Kelly has been released on bail after more than a month in detention on financial-misconduct charges, as a Tokyo court rejected prosecutors' request to keep the American executive in custody. | | | | | | Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019. | | | | | | Former Nissan Motor Co Representative Director Greg Kelly was set to be released after more than a month in detention after a Tokyo court late on Tuesday rejected prosecutors' request to hold the American executive. | | | | | | Israel will give Intel Corp a 700 million shekel ($185 million) grant in return for a planned $5 billion expansion of its production operations in Israel. | | | | | | Talks aimed at lifting U.S. sanctions on Russian automaker GAZ are ongoing with the U.S. Treasury Department, and the company is implementing internal measures to encourage the process, Russian Finance Minister Anton Siluanov said. | | | | | | Guyana's government is "in discussion" with Exxon Mobil after two ships searching for oil off the South American country's coast halted work following a weekend confrontation with Venezuela's navy, Guyana's foreign minister said on Monday. | | | | | | President Donald Trump blasted the Federal Reserve on Monday, describing it as the "only problem" for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused in part by the president's attacks on the central bank. | | | | | | (This story dated December 17 corrects Scott Kennedy's title and organization in 21st paragraph) | | | | | | Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. | | | | | | The S&P 500 tumbled to the brink of a bear market on Monday as U.S. stocks extended their steep sell-off in a pre-holiday shortened session, with investors rattled by the U.S. Treasury secretary's convening of a crisis group and by other political developments. | | | | | |
