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Asian shares extend global recovery as volatility subsides

TOKYO Asian shares gained on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that was sparked by fears of creeping inflation and higher borrowing costs.

Recent Business News

Jittery U.S. bond market braces for supply wave

NEW YORK Bond investors, who have been on edge over signs of growing inflation and a possibly more aggressive Federal Reserve, will have their work cut out for them as the U.S. government seeks to sell $258 billion worth of debt this coming week.

Feb 18 2018

Eyes wide shut: the $1.8 billion Indian bank fraud that went unnoticed

By Krishna N. Das, Aditya Kalra, Devidutta Tripathy and Tom Lasseter

Feb 18 2018

Lego builds foundations in China classrooms as old markets slow

BEIJING/SHANGHAI Danish toymaker Lego is hoping to build a following with Chinese parents by promoting its place in the classroom as well as the toy box.

Feb 18 2018

India's federal investigators close bank branch at heart of fraud

MUMBAI/NEW DELHI Indian investigators closed down a branch of a state-run bank that is at the heart of a $1.77 billion fraud and questioned more of its employees as they probed the biggest scam in the country's banking history, police sources said on Monday.

2:39am EST

Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter's sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said.

Feb 17 2018

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