Asian shares rise as weak China data spurs stimulus bets

HONG KONG - Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy.

Recent Business News

Executives close to Charter reach out to Time Warner Cable on merger: WSJ

- Top executives close to Charter Communications Inc have reached out to management at Time Warner Cable Inc to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday.

03 May 2015

McDonald's faces 'show me' moment with new CEO strategy

LOS ANGELES - McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.

03 May 2015

Payrolls to test second quarter climate for Fed

LONDON - Always top of the data pile, this week will be no exception for the U.S. jobs report with a first interest rate rise likely this year despite a dramatic slowdown in the first quarter.

03 May 2015

ANZ to sell loans worth $6.5 billion in dealer finance biz

SYDNEY - Australia and New Zealand Banking Group on Monday said it plans to sell its Esanda dealer finance business, which includes A$8.3 billion ($6.51 billion) in loans to motor vehicle dealers.

2:40am EDT

Detroit automakers face speed bumps as sales growth slows

DETROIT - Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.

03 May 2015


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