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Wall St. hits records in broad rally, volume light

NEW YORK - U.S. stocks rose on Friday, with major indexes hitting records and on track for a second straight weekly advance, though trading was light with many traders still out for the Christmas holiday.

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Japan inflation slows and output slips, keep BOJ under pressure

TOKYO - Japanese annual core consumer inflation slowed for a fourth straight month in November due largely to sliding oil prices, highlighting the challenges the central bank faces in achieving its 2 percent inflation target.

6:19am EST

China's antitrust regulator says Qualcomm case to be settled soon

BEIJING - The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.

Volkswagen's Audi aims to launch two electric vehicles by 2018: CEO

FRANKFURT - Volkswagen's premium Audi division aims to bring two purely electric vehicles to market by 2018 as it tries to catch up with rivals such as Tesla Motors and BMW .

12:43pm EST

Hyundai Motor promotes younger executives, with eye on succession planning

SEOUL - Hyundai Motor and affiliate Kia Motors promoted younger executives on Friday, in moves analysts said would help smoothen an eventual leadership succession at the family-owned conglomerate.

3:24am EST

Prosecutors raid LG headquarters over washing machine row with Samsung

SEOUL - Prosecutors raided the headquarters of LG Electronics on Friday as part of a probe into whether the South Korean company had damaged the washing machines of rival Samsung Electronics at retail stores in Germany, LG said.

4:00am EST

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