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Asian shares, dollar cheered by upbeat U.S. data

TOKYO - Asian stocks started the week on a brighter note on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy.

Business Video

U.S. stocks robustly rebound, as GE, Morgan Stanley shine

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 U.S. stocks robustly rebound, as GE, Morgan Stanley shine (1:54)

Fed whisperers calm volatile markets, spur rally

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 Fed whisperers calm volatile markets, spur rally (1:47)

Choo choo - all aboard for shoemaker IPO

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 Choo choo - all aboard for shoemaker IPO (2:17)

Recent Business News

Business jet sales to keep rising but some purchases delayed

NEW YORK - Business jet buyers are expected to take delivery of as many as 675 new aircraft worth about $20.5 billion this year, a slight rise over deliveries worth $20 billion 2013, according to a forecast by Honeywell International Inc .

5:37pm EDT

Tesco accounting probe finds 'inappropriate behavior' by staff: reports

LONDON - The investigation into a 250 million pound ($402 million) profit overstatement at supermarket operator Tesco Plc has unearthed evidence of "inappropriate behavior" by staff, two national newspapers reported on Sunday.

12:17pm EDT

Blackstone's Wien expects U.S. markets sell-off to abate

DUBAI - The recent slump in U.S. stock prices, in which the S&P 500 index has posted four straight weekly losses for the first time in more than three years, is unlikely to go on for much longer, one of America's best-known investment strategists said on Sunday.

8:30am EDT

Getting used to the 'new mediocre'

LONDON - Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy.

5:04am EDT

Germany's Karstadt eyes supervisory board head as new CEO: source

FRANKFURT - German department store chain Karstadt is set to appoint its supervisory board head as chief executive, a person familiar with the process said on Sunday, as it battles to get back to profitability.

7:27am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

Energy +0.01%
Basic Materials +0.28%
Industrials +0.58%
Cyclical Goods & Services +0.54%
Non-Cyclical Goods & Services +0.24%
Financials +0.24%
Healthcare +0.19%
Technology +0.16%
Telecoms +0.41%
Utilities +0.11%

Data Dive

Should bankers get bigger bonuses?

Morgan Stanley reported strong third-quarter earnings today, up 12 percent to $8.91 billion in quarterly revenue, while rival Goldman Sachs yesterday reported an increase of 25 percent to $8.39 billion.

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