Nikkei

Kobe Steel Scandal Goes Nuclear: Company Faked Data For Decades, Had A "Fraud Manual"

Kobe Steel product quality data was falsified for decades at some of the company's Japanese plants the Nikkei reporter, well beyond the 10-year time frame given by the steelmaker. The cheating procedures eventually became institutionalized in what was essentially a tacit fraud manual, allowing the practice to continue as managers came and went.

Global Stocks Rise Oblivious Of Growing Geopol Risks; Oil, Commodities Jump On Kurdish Clashes

World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as escalating tensions between the Iraqi government and Kurdish forces threatened supply.  Global markets digested the large amount of weekend newsflow, and clearly liked what they saw as S&P futures were modestly in the green, as both European and Asian stocks are higher.

The Quiet Bull Market That Everyone Is Skeptical Of

"It seems like everyone is all bulled up on America. Well, sold to them. I am more interested in buying the quiet rising market which everyone is skeptical of, rather than the frothy expensive one that everyone loves."

iPhone X Makers Said To Struggle With Facial Recognition

Manufacturers are still struggling to perfect 3-D sensors and in particular dot projectors in Apple premium handset's TrueDepth camera system, a key new feature of the new iPhone X. Should these issues not be resolved, there is a possibility the iPhone X may miss its scheduled release date.

Global Stocks Hit New Record High, Dollar Mixed After Dovish Fed

In a trend observed every day this week, S&P futures are slightly in the red ahead of a post-open ramp with the VIX rising to 9.91, as Asian shares climb, European stocks are little changed. WTI crude pares recent gains, slipping below $51 after API showed an unexpected crude build.

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record high.