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Asia stocks extend gains, hit one-month peak on upbeat China trade data

SYDNEY Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session.

Recent Business News

Japan Inc warns of global trade contraction under Trump presidency: Reuters poll

TOKYO Corporate Japan is bracing for a rocky ride under incoming U.S. President Donald Trump, a Reuters poll showed, with well over a third of firms seeing a contraction in global trade as concerns about a rise in U.S. protectionism threaten to shatter a fragile economic recovery.

12:01am EST

AT&T touts Time Warner merger at U.S. Senate hearing

WASHINGTON AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc will increase innovation and bring "better-priced options" to consumers upset by high cable bills, AT&T Chief Executive Randall Stephenson told lawmakers on Wednesday. | Video

Deals, Tech Dec 07 2016

China's top court rules in Michael Jordan's favor in trademark case

SHANGHAI China's highest court has ruled in favor of former basketball star Michael Jordan in a long-running trademark case relating to a local sportswear firm using the Chinese version of his name, overturning earlier rulings against the athlete.

Sports, China 1:15am EST

Airbnb backs off fight with governments, offers policy suggestions

SAN FRANCISCO In a moment of peace-making with regulators, Airbnb on Wednesday released a set of policy suggestions for governments that are considering new laws for home- and apartment-renting.

Dec 07 2016

Trump vows to bring down drug prices, doesn't say how

NEW YORK President-elect Donald Trump took aim at drugmakers on Wednesday by promising in a magazine interview that "I'm going to bring down drug prices," sending shares of pharmaceutical and biotechnology companies lower.

Health, Drug Pricing Dec 07 2016

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