Hamidullah Wali

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Yen rallies as data fuels risk aversion, Aussie eyes RBA | Reuters

SYDNEY (Reuters) - The yen hovered at two-month highs against the euro and dollar early on Tuesday, having powered higher as a selloff in risk assets forced investors to cover bearish positions in the low-yielding Japanese currency.<p>A money changer inspects U.S. dollar bills at a currency exchange …

Toyota expects record profits after yen boost

<b>Toyota is forecasting record annual operating profits as the weaker yen helps to boost sales abroad.</b><p>For the financial year ending in March, it expects operating profit to reach 2.4tn Japanese yen ($23.7bn; £14.5bn).<p>The continuing weakness in the yen also helped Toyota post better-than-expected …

General Motors

The two things Facebook must do

CHAPEL HILL, N.C. (MarketWatch) — Facebook Inc. will eventually fall victim to its own success.<p>That’s because investors are extrapolating the …

Stock Markets

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FORTUNE – As the release of January’s jobs report will likely remind us on Friday, unemployment is a double whammy for white-collar American workers. In addition to experiencing financial stress, many unemployed workers end up fearing that something is deeply wrong with them.<p>I interviewed more than …

Entegris Forges $1.15B Buyout of Rival ATMI

Entegris (ENTG) agreed to join forces with ATMI (ATMI) on Tuesday through a $1.15 billion buyout of the rival chip-industry supplier.<p>The transaction values Danbury, Conn.-based ATMI at $34 per share, which represents a 26.3% premium to its closing price of $26.93 on Monday.<p>The deal is worth $850 …

Apple hires sleep research expert Roy J.E.M Raymann from Philips for iWatch team

Joining a longlist of Apple executives and new hires thought to be working on Apple’s highly anticipated iWatch project, the company has recently picked up Roy J.E.M Raymann from Philips Research, an expert on sleep research with extensive experience in wearables, sensors, and non-pharmacological …