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Asian shares firmer, Nikkei buoyed by U.S. data

SINGAPORE/SYDNEY - Asian stocks rose on Tuesday with Tokyo's Nikkei hitting its highest in nearly five weeks after encouraging manufacturing data in Europe and the United States helped cheer markets fretting about a slowing Chinese economy.

Recent Business News

Ex-Dow officer charged in insider trading case

- A former officer of Dow Chemical Co has been charged by securities regulators in connection to an insider trading scheme based on Dow's 2008 acquisition of Rohm & Haas Co.

01 Jul 2013

Factories rebound in June, but hiring down

NEW YORK - Manufacturing expanded last month, rebounding from an unexpected contraction in May, but hiring in the sector was the weakest in nearly four years, which could make the Federal Reserve think twice about how soon to scale back its stimulus.

01 Jul 2013

Exclusive: State attorneys general probing American, U.S. Airways merger

WASHINGTON - A group of 19 attorneys general, led by Texas, has joined a U.S. Justice Department probe of a planned merger of American Airlines Inc and US Airways Group Inc , three sources close to the discussions told Reuters.

Zynga, seeking salvation, names Microsoft Xbox head as CEO

SAN FRANCISCO - Zynga Inc's decision to bring in the head of Microsoft Corp's Xbox business to replace founder Mark Pincus is a bold stroke that was hailed on Wall Street, but it still leaves questions as to who is ultimately in charge at the troubled game-maker.

Tech, Media 12:19am EDT

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