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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

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.

2:03am EST

Dow Chemical CEO says not quitting Kuwait, but shifting strategy

DUBAI - U.S. petrochemicals giant Dow Chemical Co is not pulling out of Kuwait but is shifting strategy, its chief executive said on Monday, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures.

2:43am EST

Fund boards, management go on high alert around bond liquidity

NEW YORK - U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise.

1:05am EST

Property, manufacturing woes help trim China's shadow banking

SHANGHAI/BEIJING - A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.

23 Nov 2014

Police probe political funding of mining magnate Clive Palmer: The Australian

SYDNEY - Australian police are investigating allegations about the misuse of A$12 million ($10.5 million) in Chinese funds during the 2013 political campaign of mining magnate Clive Palmer, The Australian newspaper reported on Monday.

1:28am EST

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