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Japan shares jump as yen bows to strong dollar

SYDNEY Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.

Recent Business News

Goldman Sachs pressed on strategy as new CEO confirmed

Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank's overhaul. | Video

2:32pm EDT

Buffett's Berkshire Hathaway loosens policy on stock buybacks

Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate's cash.

8:54pm EDT

Netflix shares take hit as subscriber slip hints at 'lumpy' road ahead

Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 percent after reporting a surprise shortfall in new subscribers in a quarter marked by the lack of a blockbuster new show and World Cup soccer. | Video

6:22pm EDT

Boeing lifts industry demand forecast as air show deals roll on

FARNBOROUGH, England Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry's resilience to rising global trade tensions. | Video

3:10pm EDT

Australia's Fairfax to share print costs with rival News Corp

Publisher Fairfax Media said on Wednesday it had agreed with rival News Corp's Australian unit to collaborate on printing newspapers to curb costs.

7:48pm EDT

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