Asia shares inch ahead, euro steady as Fed meets

SYDNEY - Most Asian share markets firmed on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without too much disruption.

Recent Business News

China's Li says to create 10 million jobs in 2015: China Daily

SHANGHAI - China's Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite economic growth that slowed to its weakest pace in nearly a quarter of a century last year.

26 Jan 2015

Mattel removes CEO, warns of fifth straight fall in quarterly sales

- Mattel Inc removed Chief Executive Brian Stockton after another disappointing holiday shopping season for the maker of the aging Barbie doll. | Video

26 Jan 2015

Ocwen calls investor claims baseless

- Mortgage servicer Ocwen Financial Group said on Monday a group of investors had no basis for claiming it failed to live up to its agreements to collect payments on $82 billion worth of home loans.

26 Jan 2015

Petrobras may book $20 billion asset write-down: Veja magazine blog

SAO PAULO - Brazilian state-controlled oil company PetrĂ³leo Brasileiro SA could take a charge of about 52 billion reais ($20 billion) in its delayed third-quarter results to reduce the value of some assets, a Veja magazine blog said on Monday.

26 Jan 2015

S&P downgrades Russia's sovereign credit rating to 'junk'

MOSCOW - Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade.

26 Jan 2015


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