TOKYO - Asian stocks held firm on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting.
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WOLFSBURG, Germany - Hans Dieter Poetsch's first board meeting as chairman of Volkswagen on Wednesday could turn out to be his most important, coming just hours before a deadline set by German regulators and testimony by the company's top U.S. executive in Congress.
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WASHINGTON - The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. | Video
KUALA LUMPUR/SINGAPORE - Shares of AirAsia Bhd rose to their highest in nearly two weeks after Reuters reported that the founders of Asia's largest budget airline are sounding out investors to take the company private.