TOKYO Asian stocks were mostly lower on Thursday as Chinese equities deepened their losses, souring risk sentiment that had improved earlier after the Federal Reserve provided a positive assessment of the U.S. economy.
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PHILADELPHIA New York media mogul Michael Bloomberg assailed fellow billionaire Donald Trump on Wednesday, calling his U.S. presidential race a "con" and ripping into his history of bankruptcies and lawsuits. | Video
LONDON Generic competition to cholesterol fighter Crestor in the key U.S. market hit second-quarter earnings at drugmaker AstraZeneca, which is now banking on new cancer medicines to revive its fortunes.
TOKYO SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp .
BOSTON U.S. companies operating in Venezuela have escalated the use of an accounting maneuver to insulate themselves from a worsening economic crisis in the South American country that has erased more than $10 billion in profits over the past 18 months.
TOKYO Sony Corp said on Thursday it has agreed to sell its battery business to Murata Manufacturing Co for a yet-to-be-determined amount.