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Dollar hits six-year peak versus yen, ECB aims cash hose

LONDON - The dollar vaulted to a six-year peak against the yen on Friday as the Federal Reserve's outlook for rising interest rates underlined the diverging path between the United States and the rest of the rich world.

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Hyundai Motor's record $10 billion bid for trophy property alarms investors

SEOUL - Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics Co Ltd and sparking investor concerns that it is wasting cash on a trophy property.

5:33am EDT

Apple's iPhone 6 gets one Chinese license, needs another before sales begin

BEIJING - Apple Inc's iPhone 6 received regulatory approval for use on domestic frequencies but still requires one more critical licence before it may be sold in the country, the official Xinhua news agency reported on Thursday.

5:23am EDT

U.S. inflation surprisingly weak, Fed keeps low rates pledge

WASHINGTON - U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.

17 Sep 2014

Japan's frail business mood, exports show economy straining under tax hike

TOKYO - Confidence at Japanese manufacturers fell the most in nearly two years in September as a tax increase hit the economy harder than expected, while exports slid in August in a further sign that conditions have deteriorated in the crucial third quarter.

2:17am EDT

Air France pilots strike enters fourth day

PARIS - A pilots strike at Air France stretched into its fourth day on Thursday, with the two sides still at odds in a dispute over cost cuts that has forced the airline to cancel nearly 60 percent of its flights.

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