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Asia stocks set record highs, U.S. government funding woes weigh on dollar

TOKYO Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

Recent Business News

HSBC to pay $100 million to settle U.S. probe into currency rigging

HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

Jan 18 2018

Amazon's review of Toronto could escalate tension with Trump

TORONTO Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump. | Video

Jan 18 2018

MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON The U.S. government and MetLife Inc announced on Thursday they would jointly seek to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.

Jan 18 2018

Possible Buffett successor Jain reports $109 million Berkshire stake

Ajit Jain, who was recently appointed a vice chairman of Warren Buffett's Berkshire Hathaway Inc , on Thursday reported ownership of roughly $109 million of the conglomerate's stock.

Jan 18 2018

IBM returns to growth after six years, but dour forecast hits shares

International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.

Jan 18 2018


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