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Asian stocks supported by Fed reassurance; BOJ stands pat

SINGAPORE - Some Asian stock markets rose on Wednesday following a positive lead from Wall Street, with Japan's Nikkei reaching a 5-1/2 year high and staying firm as the Bank of Japan stood pat after unleashing massive stimulus last month. | Video

Recent Business News

Prosecutors consider using racketeering law against SAC: source

NEW YORK - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter.

12:13am EDT

Merck signs $5 billion share buyback agreement with Goldman Sachs

- Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.

Dimon clings to JPMorgan chairman title, after fight

TAMPA, Florida - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit. | Video

21 May 2013

Ford adds production in North America to meet new car demand

DETROIT - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share.

12:03am EDT

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NASDAQ 3,502.12 +5.69 +0.16%
TR US Index 151.47 +0.24 +0.16%
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Corn 639.25 -0.75 -0.12%

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