Asia stocks jump as China, Europe step up stimulus

SYDNEY - Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.

Recent Business News

Exclusive: China ready to cut rates again on fears of deflation - sources

BEIJING - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

5:25am EST

Countdown to missed opportunity for EU economy

PARIS - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.

6:00am EST

Intel could rise 30 percent over next two years: Barron's

- Shares in microprocessor maker Intel Corp could rise more than 30 percent to $48 over the next two years, Barron's reported in its Nov. 24 edition.

2:46pm EST

Lufthansa says it has gained market share in Germany

FRANKFURT - Germany's largest airline Deutsche Lufthansa has won a bigger slice of its domestic market in recent months, its chief executive told newspaper Sueddeutsche Zeitung.

3:08pm EST

Italian bank Intesa eyes UK's Coutts International: FT

- Italy's retail bank Intesa SanPaolo is looking at a possible bid for Coutts International, the wealth management arm of Royal Bank of Scotland , the Financial Times reported.

2:51pm EST


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