EMERGING MARKETS-EM stocks firm as focus shifts to growth in 2020; rand slips on weak data

Emerging market stocks hovered near 19-month highs on Friday as investor attention turned to economic growth in 2020 after the easing of geopolitical tensions between the United States and Iran, while South Africa’s rand fell on disappointing data. Reuters: Company … Read more…

North Korea seems likely to test long-range missile as it returns to ‘old tactics’ in talks with US

The United States needs to stop expecting North Korea will just “surrender,” said Harry Kazianis, senior director at D.C.-based think tank, Center for National Interest. The more achievable goal is to mitigate tensions with Pyongyang using economic solutions and collaboration … Read more…

Virginia-based provider of Navy protective gear accused of passing off Chinese products as American-made

The owner of Surveillance Equipment Group is facing a federal wire fraud charge, with prosecutors accusing him of claiming that vests and helmets were manufactured in the United States and Hong Kong even though they were made in mainland China. … Read more…

Fed’s Williams says repo operations working well and should stay in place ‘just as long’ as needed

New York Fed President John Williams said the Fed should keep its repo operations in place just as long as needed. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

New Trump bump? Consumer confidence hasn’t been this high since … Clinton impeachment

Surveys show that the Trump impeachment proceedings, like most current political issues, push Americans into their partisan corners. Economic impact is harder to gauge. The stock market is setting new records, and consumer spending continues to fuel the economy. Economy … Read more…

Boris Johnson after election triumph: ‘I urge everyone to find closure and let the healing begin’

Conservative Party leader Boris Johnson promised unity on Friday, shortly after securing a five-year term in office. Europe News BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% … Read more…

President Trump’s approval rating among business owners hits all-time high: Survey

President Trump's approval rating among small business owners hits an all-time high, according to the Q4 2019 CNBC/SurveyMonkey Small Business Survey, as increased optimism about a U.S.-China trade deal buoys Main Street confidence. Small Business BEST DEAL UPDATE: A way … Read more…

Indian shadow lender Home First Finance files for $209 mln IPO

Housing lender Home First Finance Co India Ltd filed for an initial public offering (IPO) of up to 15 billion rupees ($ 209.00 million), according to a draft prospectus http://www.investmentbank.kotak.com/downloads/home-first-finance-company-india-limited-DRHP.pdf from one of its bookrunners dated Nov. 28. Reuters: Company … Read more…