Halpenny: Markets Lost Faith in Japan Reaching Inflation Target

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Halpenny: Markets Lost Faith in Japan Reaching Inflation Target

(Bloomberg) — The lack of movement in the yen in response to the BOJ's removal of its time horizon for reaching its 2% inflation target shows investors have already lost faith in the target being met says Derek Halpenny, Global Head of Market Research at MUFG. Speaking on Daybreak Europe,
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A Car Obsessive Who Spent $1 Million to Update an Infamous Ferrari

David Lee, owner of the $300 million watch and investment empire Hing Wa Lee Jewelers, also owns more than $50 million worth of the world's rarest cars. His collection, stored in a garage underneath a nondescript shopping plaza 40 minutes outside downtown Los Angeles, includes models from
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US Consumer Sentiment Exceeds Forecast on View of Finances

U.S. consumer sentiment exceeded estimates in April on Americans' increasingly favorable views of their finances, University of Michigan survey data showed Friday. Highlights of Michigan Sentiment (April, final). Sentiment index fell to 98.8 (est. 98) from 101.4 in March; preliminary reading was 97.8
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McConnell Cements a Legacy for Trump With Reshaped Courts

President Donald Trump and Senate Majority Leader Mitch McConnell are rapidly filling U.S. federal courts with young conservatives who will shape American law for generations to come. The Republican-led Senate confirmed Trump's 15th appeals court nominee this week — more than the last five
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Passenger's family blames American Airlines for her death after in-flight emergency

The parents of a South Carolina woman who died in April 2016 after having a medical emergency on a Dallas-bound flight has filed a wrongful death suit against American Airlines.
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