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Slump in bonds spooks stock markets, commodities surge

SYDNEY - Asian stocks stumbled on Wednesday in sympathy with weak U.S. and European markets as equities investors were spooked by a vicious selloff in sovereign bonds globally.

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DoubleLine's Gundlach sees no Fed rate increase in 2015

NEW YORK - Jeffrey Gundlach, chief executive of investment firm DoubleLine Capital, said on Tuesday he believes the U.S. Federal Reserve will probably not raise interest rates this year, in part because of a lack of wage inflation.

05 May 2015

News Corp quarterly revenue falls on currency, lower ad sales

- News Corp , owner of the Wall Street Journal and HarperCollins, reported a decline in quarterly revenue and profit due to foreign currency changes and a drop in ad sales at its newspapers.

05 May 2015

Netflix asks FCC to reject AT&T-DirecTV merger unless changes made

WASHINGTON - Netflix Inc has urged the U.S. Federal Communications Commission to reject the pending $48 billion merger of AT&T Inc and DirecTV unless its concerns about the deal are addressed.

Disney revenue gets lift from theme parks, TV networks

- Walt Disney Co's quarterly revenue beat analysts' expectations, helped by increased spending by visitors at its theme parks and strength in the company's TV networks business. | Video

05 May 2015

Apple's Beats Music deals under U.S. scrutiny: Bloomberg

- Apple Inc's move to line up deals with record labels is under U.S. antitrust scrutiny as the iphone maker prepares to debut a new version of the Beats Music streaming service, Bloomberg reported, citing people familiar with the matter.

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