Business

Photo

Asia shares ride on stimulus hopes, dollar hit by weak U.S. data

TOKYO - Asian stocks inched higher on Thursday as the prospect of further stimulus from central banks in the region and Europe eclipsed disappointing U.S. data, which tripped up the dollar.

Recent Business News

Behind Google's Europe woes, American accents

BRUSSELS - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.

Tech, Media 1:30pm EST

Nigeria's parliament says Shell should pay $4 billion for 2011 oil spill

ABUJA - Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment.

New home sales rise in October, but September revised down

WASHINGTON, Nov 26 - Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

12:49pm EST

OPEC heading for no output cut despite oil price plunge

VIENNA - OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June. | Video

3:18pm EST

U.S. FAA proposes requiring fix for Boeing 787 Dreamliner

NEW YORK - The U.S. Federal Aviation Administration proposed on Wednesday requiring a fix for Boeing Co's 787-8 Dreamliner, following "numerous reports of failures of proximity sensors" on the high-tech plane's wings.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary