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Asian shares nervous ahead of China data

TOKYO - Asian shares were skittish in early on Tuesday after logging their worst month in three years and the dollar struggled as investors braced for data from China that could raise fresh fears about the health of its economy.

Recent Business News

Exclusive: Citi aims to boost equities franchise amid industry shakeout

NEW YORK - Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans. | Video

5:31pm EDT

Internet entrepreneurs back Chinese Tesla rival NextEV

FRANKFURT/DETROIT - A group of deep-pocketed China-based internet entrepreneurs and financial investors, including Tencent  and Hillhouse Capital, is backing an effort to create NextEV, a new rival to U.S. electric car maker Tesla Motors Inc .

Tech, China 3:02pm EDT

Venture capital cash surfers may see waves recede in market turmoil

SAN FRANCISCO - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public.

11:58am EDT

Oil prices drop more than 3 percent as investors take profits

SINGAPORE - Oil prices fell more than 3 percent in early Asian trade on Tuesday, with investors taking profits after Brent and U.S. crude soared over 8 percent in the previous session.

8:50pm EDT

Toshiba scandal continues as more accounting errors found

TOKYO - Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan's worst corporate scandal in four years.

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