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Asia shares retreat from nearly two-year peak, dollar firms

TOKYO Asian shares turned lower on Thursday after touching near two-year highs, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy.

Recent Business News

Saudi Aramco formally appoints banks to advise on share sale

LONDON Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters.

4:10am EDT

Samsung launches Galaxy S8 and dreams of recovery from Note 7

SEOUL/NEW YORK - Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s. | Video

Mar 29 2017

Toshiba gets go-ahead for chip unit sale at angry shareholder meeting

Chiba, JAPAN Toshiba Corp shareholders agreed to split off its prized NAND flash memory unit on Thursday, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate's future.

Tech, Deals, Japan 4:05am EDT

Corporate America’s top shareholder referee gets tougher on activists

NEW YORK Institutional Shareholder Services Inc, the world's top proxy advisory firm, is making activist investors work harder than ever to earn its backing in corporate control battles in a shift being led by the new man in charge of its recommendations.

1:08am EDT

Volkswagen says U.S. approves sale of modified diesel vehicles

Volkswagen AG said the U.S. Environmental Protection Agency has approved its request to sell up to 67,000 diesel vehicles from the 2015 model year, including about 12,000 currently in dealer inventory with approved emissions modifications.

Mar 29 2017

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