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Asia stocks slide as Deutsche sours mood, oil pulls back

SINGAPORE Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices inched back from near-one month highs on scepticism over OPEC's new plan to curb output.

Banks and central banks

Recent Business News

Samsung slammed by Chinese state TV over Note 7 recall 'discrimination'

HONG KONG Chinese state broadcaster CCTV has slammed South Korean tech giant Samsung Electronics Co for what it said was "discrimination" against China consumers in its handling of a global recall of Galaxy Note 7 smartphones to replace batteries.

Tech, China, South Korea 2:31am EDT

After Nissan ultimatum, Jaguar Land Rover says Brexit must be fair for all

LONDON Jaguar Land Rover will "realign its thinking" on investment after Britain's vote to leave the EU and if Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain's biggest carmaker said.

7:40am EDT

Petronas weighs sale to exit $27 billion Canada LNG project: sources

KUALA LUMPUR/MILAN Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27 billion Canadian liquefied natural gas (LNG) plant, three people familiar with the matter said this week.

7:46am EDT

Och-Ziff to pay $412 million to settle U.S. foreign bribery charges

Och-Ziff Capital Management Group LLC will pay $412 million and CEO Daniel Och will pay $2.17 million to resolve U.S. probes into the hedge fund's role in bribing officials in several African countries, U.S. authorities said on Thursday.

7:43am EDT

Germany's Bosch sues South Korea's Mando in U.S. on alleged patent infringements; Mando denies

SEOUL German auto parts supplier Robert Bosch GmbH lodged a lawsuit in the United States against South Korean peer Mando Corp alleging infringement of four patents, a claim Mando later said was groundless, pledging to "actively respond".

6:10am EDT

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