SYDNEY - Asian markets were finding their feet on Tuesday after a rocky ride the previous session, though uncertainty about the true state of China's economy kept nerves frayed and commodity prices restrained.
- Lenovo says China strike an IBM matter, but it won't cut wages
- Investors closely monitoring Pimco after internal strife
- White House has optimistic growth forecast for 2014, 2015
- Exclusive: Chobani seeks to sell stake at $2.5 billion valuation -sources
- GM hires law firms it works with to probe recall response
Recent Business News
- Mt. Gox, once the world's largest bitcoin exchange, received U.S. bankruptcy protection on Monday to temporarily halt U.S. legal action against the Japanese company by traders who allege the operation was a fraud.
HWASEONG, GYEONGGI - South Korea's Hyundai Motor Co plans to launch its first battery-powered electric vehicle (EV) in 2016, as the auto maker plays catch up in a nascent market already tapped by the likes of BMW and Nissan Motor Co Ltd.
- EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting.
- Target Corp has been sued by Swatch Group SA, which accused the second-largest U.S. discount retailer of illegally selling watches that copy its own.
For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing.
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?