Asia up on Wall St. rally and China hopes, euro sags on Greece

TOKYO - Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. | Video

Recent Business News

Fed's Fischer floats shadow bank regulation framework

STONE MOUNTAIN, Ga. - A top U.S. Federal Reserve official on Monday suggested stress tests and certain capital requirements to contain the risks within the non-bank lending sector, while acknowledging there is little the central bank can do to impose such restrictions.

U.S. may skirt oil storage crisis as drivers hit the road

NEW YORK - A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore.

12:06am EDT

Starbucks U.S. cafes debuting new smoothies, kale optional

LOS ANGELES - Starbucks Corp and Danone SA on Tuesday will begin selling a smoothie line at more than 4,300 U.S. Starbucks shops as part of a Greek yogurt partnership that will also include yogurt parfaits and ready-to-eat yogurt to be sold by grocers.

12:23am EDT

Taiwan to apply to join China-backed AIIB investment bank

TAIPEI - Taiwan will submit an application to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) on Tuesday, despite historical animosity and a lack of formal diplomatic relations between the island and China.

12:47am EDT

Ackman says shutting Herbalife down is key to him

WASHINGTON - Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd of running a pyramid scheme, said on Monday that shutting down the company is "one of the most important things" he can do.

30 Mar 2015


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