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Asian stocks pause after sell-off; dollar, oil near recent highs

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

Exclusive: China's HNA Group seeks up to $1.5 billion in new fund - document

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.

2:08am EDT

Deutsche Bank may announce investment bank revamp on Thursday: source

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.

3:39am EDT

Whirlpool to sell Embraco compressor business to Japan's Nidec

Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp for $1.08 billion in cash.

3:05am EDT

Chinese tech giants, government under fire for 'men only' job ads

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.

Tech, China 2:12am EDT

SAP bullish on outlook as it beats path from back to front office

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.

Tech, Germany 3:32am EDT


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