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Asia stocks near one-year highs; yen slips on BOJ easying bets

HONG KONG Asian stocks climbed to fresh near one-year highs and the Japanese yen weakened on Wednesday as awaited central bank meetings this week that could see fresh stimulus in Japan and provide clues on U.S. interest rates.

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Verizon posts subscriber gain shortfall, says Yahoo to fuel media push

Verizon Communications Inc  disappointed Wall Street on Tuesday by reporting a smaller-than-expected subscriber gain for its main wireless business, while its CEO gave few details about plans to increase revenue from its planned purchase of Yahoo Inc's internet assets.

Jul 26 2016

Goldman is sued in U.S. over merger linked to Malaysia's 1MDB

NEW YORK Goldman Sachs Group Inc was sued on Tuesday by a major shareholder of a Malaysian bank it once advised, and which accused the Wall Street bank of fraudulently shortchanging it in a merger to curry favor with that country's prime minister.

Jul 26 2016

Losing the X-factor: Hyundai fumbles in U.S. as former hit car Elantra stalls

SEOUL At last February's Super Bowl, Hyundai Motor hired 'X-Men' movie star Ryan Reynolds for an ad plugging the new version of its Elantra sedan. Not in the script: a slide in first-half sales of the South Korean automaker's U.S. mainstay.

Jul 26 2016

Special Report: In Venezuela's murky oil industry, the deal that went too far

CARACAS/BOGOTA Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far. | Video

Jul 26 2016

Australia's major banks team up to challenge Apple on mobile payments apps

SYDNEY Australia's three biggest banks, including no. 1 lender National Australia Bank (NAB) , on Wednesday said they had lodged a joint application with anti-trust regulators seeking approval to collectively negotiate with Apple Inc to install their own electronic payments applications on iPhones.

Jul 26 2016

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