TOKYO/SYDNEY Asian stocks steadied after hitting two-week lows on Tuesday as investors paused for breathe following a heavy sell-off in recent sessions and waited to see if the dollar's rally was sustainable.
Recent Business News
A unit of debt-laden Chinese conglomerate HNA Group [HNAIR.UL] is seeking to raise as much as $1.5 billion by the end of this year in an investment fund that will serve as the group's primary vehicle for global acquisitions, a document reviewed by Reuters showed.
FRANKFURT Deutsche Bank AG may spell out strategy changes for its investment bank on Thursday along with first-quarter earnings, a person with knowledge of the matter said on Tuesday.
Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp for $1.08 billion in cash.
BEIJING Top Chinese tech firms and some government departments have been singled out in a report that says discriminatory hiring practices based on gender are widespread in China and are linked to a shrinking proportion of women in the labor force.
FRANKFURT/LONDON Germany's SAP announced upbeat results in the seasonally tough first quarter, saying it was gaining ground on competitors Salesforce and Oracle in the cloud and that its margin recovery was firmly on track.
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