Asian shares edge up, euro under pressure as ECB looms

TOKYO Asian shares advanced in early trade on Thursday, while growing bets the European Central Bank was gearing up to deliver further stimulus steps kept the euro under pressure.

Recent Business News

GM, law firm can keep ignition switch documents secret: U.S. judge

NEW YORK General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a Manhattan federal judge ruled on Wednesday.

3:15pm EST

FanDuel, DraftKings fight threatened shutdown in New York

NEW YORK Daily fantasy sports companies DraftKings and FanDuel urged a New York judge on Wednesday to spare them from a potentially crippling shutdown in one of their top markets by ruling that their contests do not constitute illegal gambling. | Video

7:13pm EST

Fed gives largest U.S. banks extra year for debt rule calculation

NEW YORK The Federal Reserve said on Wednesday that bigger U.S. banks would have an extra year to calculate a capital requirement known as the supplementary leverage ratio for stress testing.

3:58pm EST

NXP wins U.S. antitrust approval to buy Freescale Semiconductor

WASHINGTON NXP Semiconductors N.V. has won U.S. antitrust approval to buy Freescale Semiconductor Ltd, a deal worth $11.8 billion, on condition that it sell its radio frequency power business, the Federal Trade Commission said on Wednesday.

VW maintains $7 billion of provisions despite simple emissions fix

WOLFSBURG, Germany Volkswagen will not lower planned provisions of 6.7 billion euros ($7.1 billion) for the costs of its diesel emissions scandal, though the technical fix for 8.5 million cars in Europe have turned out to be simpler than expected.


  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary