HONG KONG/TOKYO - An index of Asian shares outside Japan fell close to this year's lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of currencies.
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LONDON - The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts.
NEW YORK - Oilfield services provider Halliburton Co announced in a statement on Sunday it had received a request from the European Commission for additional information about its proposed $35 billion merger with rival Baker Hughes Inc .
TOKYO - Fast Retailing Co Ltd's Uniqlo clothing chain said on Monday that it was expanding its collaboration with Walt Disney Co to offer a wider range of products and that it would open a flagship store at the Florida Disney World's shopping complex next spring.
NEW YORK - Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.
HONG KONG - HSBC Holdings said its first-half profit climbed a better than expected 10 percent, driven by a strong performance in Hong Kong that comes as the bank considers moving its headquarters to the Asian financial hub.