Asian shares edge up after Wall Street gains

TOKYO - Asian shares edged up on Friday, talking heart from a late earnings-led surge on Wall Street even as continuing concerns about global growth tempered gains.

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Yellen tells Senate Democrats U.S. economy looks good: media reports

WASHINGTON - Federal Reserve Chair Janet Yellen on Thursday offered an upbeat assessment on the U.S. economy in a meeting with Senate Democrats, even as she noted risks from overseas, according to media reports.

5:41pm EST

Visa reports better-than-expected profit

- Visa Inc , the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend.

8:33pm EST

Exclusive: U.S. federal safety regulators seek Takata whistleblowers

- U.S. vehicle safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries.

Alibaba quarterly revenue disappoints, shares fall

BEIJING/SHANGHAI - Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations. | Video

6:34pm EST

Occidental CEO jokes Chevron is an unsuitable buyer; lifts stock

WILLISTON, N.D. - Occidental Petroleum Corp Chief Executive Stephen Chazen quipped on Thursday that his larger rival Chevron Corp was too poor to buy the No. 4 U.S oil producer, but the offhand remark sent Oxy's stock up anyway.

6:16pm EST


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