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Asia shares hit 1-month peak, bonds bet on ECB support

SYDNEY Asian shares hopped higher on Thursday after Wall Street strode to new records and bonds rallied on wagers the European Central Bank would extend its asset buying campaign at a policy meeting later in the session.

Recent Business News

Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia

SINGAPORE Oil major BP is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.

7:59am EST

Trump chooses pro wrestling magnate Linda McMahon to head SBA

WASHINGTON U.S. President-elect Donald Trump said on Wednesday he will nominate professional wrestling magnate and former Senate candidate Linda McMahon as his choice to head the Small Business Administration.

Election 2016, Politics 4:49pm EST

Lululemon quarterly sales top expectations, shares jump

TORONTO Canadian yoga and leisure apparel retailer Lululemon Athletica Inc on Wednesday reported quarterly profit that beat analysts' forecasts, helped by higher-than-expected gross margins and sales.

6:20pm EST

BlackRock adjusts leadership team for its largest mutual fund

NEW YORK BlackRock Inc is making leadership changes to its biggest mutual fund.

6:20pm EST

Billionaire Carlos Slim well placed to clinch Mexico City airport terminal

MEXICO CITY A consortium including billionaire Carlos Slim's building unit submitted the lowest bid on Wednesday in a tender for the terminal project at Mexico City's new $13 billion airport as the telecoms tycoon looks to edge out two rivals for the deal.

Mexico, Spain 6:21pm EST


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