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Asian shares flat, yen hits two-week high ahead of BOJ

SINGAPORE/TOKYO Asian shares touched a one-year peak on Friday, while the yen hit a two-week high in nervous trade as investors waited to see if the Bank of Japan will come up with stimulus that would meet markets' expectations.

Recent Business News

Facebook shares hit record high as it beats estimates again

Facebook Inc is growing so fast that analysts can't keep up.

Tech, Facebook Jul 28 2016

Ford calls an end to U.S. auto boom, rivals bet other way

DETROIT Ford Motor Co on Thursday declared the U.S. auto industry's long recovery is at an end, sending its stock and those of rival auto companies tumbling. | Video

Jul 28 2016

Bezos passes Buffett, becomes third-richest person: Forbes

Jeff Bezos, the founder and chief executive of Amazon.com Inc , has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hathaway Inc .

Jul 28 2016

'Star Trek' licensing helps boost CBS earnings

CBS Corp , owner of the most-watched U.S. television network, on Thursday posted a 27.4 percent rise in quarterly profit that beat expectations as licensing revenue from its new "Star Trek" series offset slower advertising sales.

Jul 28 2016

Judge rejects Sumner Redstone bid to end Viacom CEO lawsuit

A Massachusetts judge on Thursday rejected Sumner Redstone's bid to quickly end a case that will likely determine the future of the media mogul's holdings and set an October trial date, marking a victory for Viacom Inc Chief Executive Philippe Dauman.

Jul 28 2016

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