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Asian stocks creep ahead, tech sector a drag

SYDNEY - Asian share markets crept higher on Thursday as dovish comments from the head of the U.S. Federal Reserve lifted Wall Street while weighing on the dollar, with trade light heading into the Easter holidays.

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Weak U.S. prices, not inflation, the threat now: Fed's Yellen

NEW YORK - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S. central bank would be delivering policy stimulus for some time to come. | Video

16 Apr 2014

Car sales upturn fails to halt European price war

PARIS - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but confidential industry surveys show the price war is raging on.

2:11am EDT

GM to seek court protection against ignition lawsuits

- General Motors Co said it would ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy, signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches.

16 Apr 2014

U.S. industry shows some vigor, but housing soft

WASHINGTON - U.S. industrial production rose at a faster-than-expected clip in March, the latest sign the economy was gaining momentum.

16 Apr 2014

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