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Stocks, dollar recover as markets try to move past Trump's policy stumble

SINGAPORE Asian stocks advanced on Tuesday after Wall Street steadied and the dollar bounced from a four-month-low, as anxiety over Donald Trump's setback on healthcare reform gave way to tentative hopes for the U.S. President's planned stimulus policies.

Recent Business News

Bill Gross, Pimco settle lawsuit over his exit for $81 million: sources

NEW YORK Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/2-year drama over the well-known bond investor's abrupt departure from one of the world's biggest asset managers.

Mar 27 2017

Chaebol reform at forefront of South Korea presidential campaign - again

SEOUL South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May's presidential election, following the ouster of former President Park Geun-hye in a burgeoning influence-peddling scandal.

World, South Korea Mar 27 2017

Snap surges after IPO banks give flurry of 'buy' ratings

Shares of Snap Inc jumped nearly 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly needed "buy" ratings.

Tech, Money Mar 27 2017

Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday: source

TOKYO Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends.

Elon Musk's new co could allow uploading, downloading thoughts: Wall Street Journal

Tesla Inc founder and Chief Executive Elon Musk has launched a company called Neuralink Corp through which computers could merge with human brains, the Wall Street Journal reported, citing people familiar with the matter.

Mar 27 2017

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