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Asia stocks slip, yen and franc rise as North Korea moots H-bomb test

TOKYO Asian stocks fell and the Japanese yen and Swiss franc gained on Friday after North Korea said it might test a hydrogen bomb in the Pacific Ocean and escalated a war of words with U.S. President Donald Trump.

Recent Business News

Equifax under pressure from banks to shape up

NEW YORK U.S. consumer credit reporting bureau Equifax Inc risks losing support from banks unless it can show its database on millions of borrowers is secure from another cyber-attack.

Sep 21 2017

Shares in HTC rise 9.96 percent on Google's Pixel buyout

TAIPEI Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday.

Deals, Tech Sep 21 2017

Daimler to invest $1 billion in Alabama plant, create over 600 jobs

BERLIN Germany's Daimler said it will invest $1 billion to expand its U.S.-based Mercedes-Benz plant in Alabama to start building electric sport-utility vehicles there from about 2020.

Sep 21 2017

Boeing boosts Southeast Asia order forecast on strong demand

SINGAPORE Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.

2:29am EDT

HPE plans 5,000 job cuts: Bloomberg

Hewlett Packard Enterprise Co is planning to cut at least 5,000 workers as part of a broader effort to reduce costs amid mounting competition, Bloomberg reported on Thursday, citing people familiar with the matter.

Sep 21 2017


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