TOKYO, Jan 13 : Japan's Nikkei share average surged to a record high on Tuesday, playing catch-up with Wall Street's recent two-day rally after a public holiday in the Asian nation. Investor sentiment was further lifted by a sharply weaker yen than when Tokyo last closed on Friday, as a softer curr»»»

U.S. Federal Reserve Chair Jerome Powell said on Sunday (January 11) the Trump administration had threatened him with a criminal indictment and served grand jury subpoenas over Congressional testimony he gave last summer regarding a Fed building renovation project, an action Powell called a "pretex»»»

US Federal Reserve Chairman Jerome Powell said that the US Justice Department was threatening him with criminal indictment as part of pressure from the Trump administration. "On Friday, the Justice Department served the Federal Reserve with grand jury subpoenas threatening a criminal indictment rel»»»

S&P 500 futures fell 0.5%, European futures (STXEc1) slipped 0.1%, and the dollar dropped about 0.2% against major currencies, falling below 158 yen and to US$1.1660 per euro. (EPA Images pic) SINGAPORE: The dollar fell and US equity futures slid after Federal Reserve Chair Jerome Powell said the T»»»