Futures tick lower as dollar gains ahead of Yellen

NEW YORK - U.S. stock index futures dipped on Friday, setting indexes up for a full week of daily declines, as the dollar index added to the previous session's rebound ahead of a speech from Federal Reserve Chair Janet Yellen.

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Andorra to create 'bad bank' to group BPA toxic assets

MADRID - Andorra will create a 'bad bank' to group the assets of Banca Privada d'Andorra (BPA) linked to illicit activity, it said late on Thursday, as the principality battles to rebuild the reputation of its banking system.

China to let mutual funds buy Hong Kong shares via 'connector': regulator

BEIJING - China's securities regulator said on Friday it would let mainland mutual funds invest in Hong Kong shares via the Shanghai-Hong Kong Stock Connect.

6:46am EDT

South Korea sees gains for its infrastructure firms from joining AIIB

SEJONG, South Korea/SEOUL - South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank (AIIB), the finance ministry said on Friday.

China, South Korea 2:14am EDT

U.S. biotech stocks may fall further as short interest rises

NEW YORK - A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a year, and some investors are betting that the once-hot sector has further to fall.

1:09am EDT

Mercedes to launch a pickup truck outside the United States

FRANKFURT - German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW .

7:57am EDT


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