Asian shares firm as U.S. stocks hit records; RBA in focus

TOKYO - The U.S. dollar hovered close to an 11-year high against a basket of currencies while Asian shares firmed in early trade on Tuesday, with sentiment bolstered by another record day on Wall Street.

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Apple, Google poaching settlement appears headed for approval

SAN FRANCISCO - A U.S. judge on Monday seemed satisfied with a proposed $415 million settlement that would end a lawsuit in which tech workers accused Apple Inc, Google Inc and two other Silicon Valley companies of conspiring to hold down salaries.

Former HP chairman admits 'mistake' in sexism trial

SAN FRANCISCO - Onetime highflying tech executive Ray Lane testified on Monday during a sex discrimination trial involving his former employer, Kleiner Perkins Caufield & Byers, that he made a mistake in judgment involving the harassment of a female venture capitalist at the firm, and that he feared for the woman's safety.

7:58pm EST

Standard Chartered to shrink bonus pool by 9 percent: Sky News

- Standard Chartered bank will shrink its bonus pool for 2014 by about 9 percent to around 715 million pounds ($1.1 billion), Sky News reported late on Monday, citing a person familiar with the matter.

5:33pm EST

GM aims to boost GMC truck brand's U.S. market share

DETROIT - General Motors Co wants to boost the U.S. market share for its GMC truck brand by two-thirds over the next decade by advertising more heavily and introducing new vehicles, a top executive said on Monday.

4:26pm EST

Takata to double replacement inflator output over next six months

DETROIT - Takata Corp said on Monday it plans to double its capacity to make replacement air bag inflators over the next six months and testing on parts that could explode with too much force continues.

3:00pm EST


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