The political connections of investors raise questions about Alibaba as it prepares to go public in the U.S. The New York Times reports.» Read More
Asian equity markets ended mostly lower on Tuesday amid anticipation of a reduction in U.S. stimulus ahead of the Federal Reserve's two-day policy meeting.
Asian stocks took a breather from this week's rally on Wednesday after President Obama confirmed that a Congressional vote to take military action in Syria will be postponed.
Verizon reached a $130 billion deal to buy out the 45% stake in Verizon Wireless it does not already own from Vodafone Group.
It's not often that Wall Street shrugs off what amounts to a 30 percent price hike for an asset inside of four months.
Asian stocks kicked off the week on a mixed note with China and Japan leading gains but pessimism over Wall Street's losing streak and rising U.S. yields weighed on sentiment.
Japan's benchmark index dropped over 2 percent on Thursday while the tone in the rest of Asian stocks was subdued as traders try to gauge when the U.S. Federal Reserve will start tapering its stimulus program.
Asian equity markets ended mixed in thin trade on Wednesday after strong global economic data triggered fears of an early end to U.S. stimulus.
Asian equity markets ended at session highs on Tuesday with Japan's benchmark index leading gains by 2.6 percent as the yen weakened on news of corporate tax cuts.
China's benchmark index shot up to a seven-week high on Monday, boosting Asian stocks across the board on optimism that the world's second-largest economy may be stabilizing, but Japan bucked the trend after weak growth data.
China's benchmark index outperformed Asia on Friday to end the week in positive territory after a raft of economic data painted an upbeat picture of the world's second largest economy.
Japan's benchmark index suffered a second consecutive steep fall on Thursday after the previous day's 4 percent tumble as the yen rose, while the rest of Asia ended mixed following China's upbeat trade figures.
Japan's Nikkei index ended below the key 14,000 level on Wednesday as the yen hit a six-week high against the greenback on uncertainty about when the Federal Reserve could begin tapering its easy-money program.
NEC said that it would quit making smartphones, acknowledging that it had lost sight of the development of mobile technology. The New York Times reports.
Tokyo is one of three cities in the running to host the 2020 Olympic Games and there are a number of Japanese stocks that could do well if Tokyo wins the bid.
Asian stocks were mixed on Wednesday as investors adopted a wait-and-see approach ahead of the Federal Reserve's policy statement.
Last year it was a turnaround story. This year it's a giant question mark. What do you do with Sprint?
Hedge fund founder John Paulson is betting big on the telecom sector and it's paying off big-time. The latest win could be AT&T's $1.9 billion deal for Leap Wireless.
Japan's Softbank received the final approval it needed from U.S. regulators for its $21.6 billion bid to take control of No. 3 US wireless provider Sprint Nextel.
Dish Network has bowed out of the battle for mobile service provider Clearwire Corp, marking the second major blow in less than a week.
Asian stock markets surrendered early gains on Wednesday with the Shanghai Composite index leading declines as investors continued to worry about strained liquidity conditions in China despite reassurance from the central bank.