Dollar, bond yields rise on Fed rate risk

SYDNEY - Asian share markets were in a mixed mood on Wednesday as the mounting risks of a hike in U.S. interest rates as early as next month lifted the dollar and bond yields, pressuring currencies across the region.

Recent Business News

U.S. factory orders rebound on strong demand for aircraft

WASHINGTON - New orders for U.S. factory goods rebounded strongly in June on robust demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.

04 Aug 2015

Alibaba pins U.S. growth hopes on Goldman's China rainmaker

HONG KONG - Alibaba Group Holding Ltd is hoping a Canadian Olympic gold medallist once tipped to be the next chief executive of Goldman Sachs Group Inc will help them make it big in the United States.

3:07am EDT

Oil bulls' hope for quick price dip dimmed by 2020 crude under $70

HOUSTON - As oil prices entered a second steep slide a few weeks ago, bullish traders and analysts had hoped for a repeat of the sharp but short dip that occurred early in the year - a speculative slide below $50 a barrel followed by a quick recovery.

1:04am EDT

Exclusive: Boeing loses large satellite deal due to trade credit woes - sources

WASHINGTON - Boeing Co is scrambling to find alternate financing for a satellite contract worth "several hundred million dollars" that was scuttled by privately held commercial satellite provider ABS due to uncertainty about the future of the U.S. Export-Import Bank, three sources familiar with the matter said on Tuesday.

04 Aug 2015

Motorola receives $1 billion investment from Silver Lake: NYT

- Walkie-talkie and radio systems maker Motorola Solutions Inc has received $1 billion in investment from private equity firm Silver Lake, the New York Times reported.

2:21am EDT


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