Asian shares slide as bank fears add to global gloom

TOKYO Asian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets.

Recent Business News

Fed's Yellen sticks to her guns as global market rout worsens

WASHINGTON Federal Reserve Chair Janet Yellen returned to Congress on Thursday and again stressed that the U.S. central bank was not on a "pre-set" path to return policy to "normal" given a worsening meltdown in global stock markets.

11 Feb 2016

Senate panel to hear from U.S. antitrust bosses

WASHINGTON The Senate Judiciary Committee's antitrust subcommittee will hear from the top U.S. antitrust bosses next month to discuss a wave of big mergers over the past year, according to a staffer briefed on the hearing.

Earnings bolster Cisco, but raise concerns for broader IT spending

SAN FRANCISCO Networking giant Cisco Systems Inc reported it is weathering a global slowdown in information-technology spending, but signs potential customers are putting some projects on hold exacerbated concerns about broader IT growth.

11 Feb 2016

Google self-driving car effort expands hiring, posts manufacturing jobs

SAN FRANCISCO Alphabet Inc's self-driving project is advertising dozens of jobs on its website with a special focus on manufacturing expertise.

11 Feb 2016

CBS profit meets Wall Street targets but shares slip

CBS Corp profit rose in line with Wall Street expectations on Thursday as the media company reported a bump in network advertising and said international sales of its television shows were strong.

11 Feb 2016


  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary