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Asian shares fall for third day on global growth concerns

HONG KONG - Asian shares fell for a third straight day on Wednesday as weak manufacturing reports from China, the United States and Europe fueled worries about slowing global growth, while the safe-haven Japanese yen firmed as investors unwound carry trades.

Recent Business News

Japan lawmakers urge bourse, regulators to be tough on Toshiba

TOKYO - Toshiba Corp's second postponement of its annual results due to newfound accounting errors should be met with a tough response from regulators, Japanese lawmakers urged on Wednesday.

Kmart pays $1.4 million to settle U.S. charges over Medicare inducements

WASHINGTON/NEW YORK - Kmart Corp has paid $1.4 million to settle U.S. allegations that it violated the federal False Claims Act by inducing Medicare beneficiaries to fill prescriptions at its pharmacies, the Department of Justice said on Tuesday.

01 Sep 2015

Hit by cheap oil, Canada's economy falls into recession

OTTAWA - The Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the financial crisis, with a plunge in oil prices spurring companies to chop business investment.

01 Sep 2015

Google redesigns iconic logo for the fifth time

- Google Inc unveiled a redesign of its iconic logo on Tuesday, the fifth such modification since the search engine giant started in 1998, the company said in a blog post.

01 Sep 2015

U.S. says 19 million Takata air bag inflators still need repair

DETROIT - U.S. safety regulators on Tuesday said that about 19 million defective Takata Corp air bag inflators remain installed in U.S. vehicles, and that no root cause to the problem has been found.

01 Sep 2015

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