Business

Photo

Asian shares on edge as investors brace for Fed

TOKYO - Asian shares held near one-month lows on Tuesday as investors braced for a possible hawkish shift in the U.S. Federal Reserve's policy stance as the Fed begins a two-day policy meeting later in the day.

Recent Business News

China August FDI falls to lowest in at least two-and-a-half years

BEIJING - China's foreign direct investment inflows in August fell to a low not seen in at least 2-1/2 years, underscoring the challenges to growth facing the world's second-biggest economy.

15 Sep 2014

Alibaba boosts IPO as demand strengthens

HONG KONG/NEW YORK - Alibaba Group Holding Ltd [IPO-BABA.N] raised the price range on its initial public offering to $66 to $68 on Monday, reflecting strong demand from investors for the year's most anticipated debut and potentially the world's largest-ever IPO. | Video

15 Sep 2014

Exclusive: Colombia may pre-finance 2015 borrowing needs - finance minister

NEW YORK - Colombian Finance Minister Mauricio Cardenas said on Monday the government could start early to pre-finance some of its estimated $3 billion in 2015 borrowing needs by tapping international capital markets before year-end.

15 Sep 2014

Mitsubishi Motors to invest $600 million in Indonesian car factory

JAKARTA - Japan's Mitsubishi Motors Corp will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia.

Indonesia, Japan 12:56am EDT

Tesla prevails in top Massachusetts court over direct sales

- Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary