Business

Photo

Japan shares soar, yen skids after BOJ stuns with more easing steps

TOKYO - Japanese stocks jumped and the yen skidded to six-year lows against the dollar on Friday after the Bank of Japan surprised markets with fresh easing steps - a move aimed at stoking inflation and recharging a fragile economic recovery.

Recent Business News

U.S. regulator to Takata: Give us faulty air-bag documents

DETROIT - U.S. auto safety regulators on Thursday ordered Japanese supplier Takata Corp to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective Takata air bags in millions of U.S. vehicles.

BOJ unexpectedly eases monetary policy further

TOKYO - The Bank of Japan unexpectedly eased monetary policy on Friday in a 5-4 vote, due to concerns that a decline in oil prices would weigh on consumer prices and delay a shift in sentiment away from deflation.

1:04am EDT

Samsung Electronics seeks China turnaround, unveils mid-tier handsets with premium feel

SEOUL - Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.

Tech, Media 30 Oct 2014

Western Union beats as more people use Web, mobile money transfer

- Western Union Co , the world's largest money-transfer company, reported a better-than-expected quarterly profit as lower prices drew more customers, particularly to its digital money transfer business.

30 Oct 2014

World Bank to cut 500 jobs in some units as part of revamp

WASHINGTON - The World Bank said it plans to cut 500 jobs over the next three years as part of a broad restructuring meant to make it more efficient but that has rattled employees.

30 Oct 2014

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary