Raindrops are pictured on a signboard of Citibank at its branch in Tokyo

Insight: Why Citi wants to rack up U.S. taxes

Reuters Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes. The third-largest U.S. bank tried to buy the foundering Wachovia Corp in the fall of 2008 ...

  • A visitor walks past logos at the TSE in Tokyo
    Asian shares ease as Fed meeting keeps markets on edge Reuters

    Asian shares eased on Tuesday as investors waited for Federal Reserve Chairman Ben Bernanke to clarify the U.S. central bank's plans for its stimulus program - with the mere suggestion of fine-tuning it ...

    A visitor walks past logos at the TSE in Tokyo

    Asian shares eased on Tuesday as investors waited for Federal Reserve Chairman Ben Bernanke to clarify the U.S. central bank's plans for its stimulus program - with the mere suggestion of fine-tuning it ...

  • A staff of Sony Corp is seen at its showroom in Tokyo
    Third Point ups Sony stake, calls for independent entertainment board Reuters

    New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, ...

    A staff of Sony Corp is seen at its showroom in Tokyo

    New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, ...

  • File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington
    Obama says Bernanke has 'stayed a lot longer' than he wanted at Fed Reuters

    President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than ...

    File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington

    President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than ...

 
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