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Asia stocks near two-year high, euro steady as French vote lifts mood

SINGAPORE Asian equities hit a near two-year high on Tuesday, buoyed by a jump in risk appetite following the centrist victory in the first round of the French presidential election that also lifted the euro and pressured safe-haven assets.

Recent Business News

East Coast refiners eye Texas oil as North Dakota alternative

NEW YORK U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.

1:13am EDT

Ghosn wants Mitsubishi to reform, rules out Nissan merger

BEKASI, Indonesia A full merger of Japanese car makers Mitsubishi Motors Corp (MMC) and Nissan Motor Co Ltd is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday.

Deals, Japan 3:50am EDT

T-Mobile open to merger talks, new subscribers top estimates

T-Mobile US Inc is open to merger talks after a federal ban expires this week, the No. 3 U.S. wireless carrier said on Monday, as it reported stronger-than-expected subscriber growth in the first quarter.

Apr 24 2017

LVMH, Arnault to simplify Christian Dior business structure

PARIS Luxury goods group LVMH and billionaire businessman Bernard Arnault announced on Tuesday a deal to simplify their relationship with Christian Dior by buying out its minority shareholders, a transaction aimed at boosting LVMH's earnings.

4:21am EDT

Credit Suisse investors prepare to grill chairman Rohner over pay

ZURICH Credit Suisse Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totaling 5.65 billion Swiss francs ($5.7 billion) since 2015.

2:32am EDT

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