GO
Loading...

Latest Business News Wires - Business Headlines

More

  • SHANGHAI, April 1- China's yuan edged up against the dollar on Tuesday, taking cues from a slightly higher official mid-point fixed by the central bank, traders said.

  • SYDNEY, April 1- Australia's central bank kept rates at record lows on Tuesday, saying policy would remain stimulative in order to boost demand and offset the drag from a cooling mining boom.

  • *Bonded China copper premiums fall $10 to $80- $100- Shmet. SYDNEY, April 1- London copper on Tuesday eased away from three-week highs touched the session before, with mixed data on China's manufacturing sector rekindling worries over the state of the world's No. 2 economy and top copper user.

  • March 31- Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer maker's former management of defrauding shareholders by abandoning a business model it had long touted.

  • TOKYO, April 1- Apple Inc suppliers will begin mass producing displays as early as May for the next iPhone, expected to be launched this autumn, with a 4.7- inch screen likely to be produced first while a 5.5- inch version could be delayed, supply chain sources said.

  • S.Korea to allow sales of Merck's Zilmax from June Monday, 31 Mar 2014 | 11:21 PM ET

    SEOUL, April 1- South Korea will allow certain levels of animal feed additive zilpaterol in beef from June, a government official said on Tuesday, opening the door to imports of some meat containing the growth enhancer and its domestic sale.

  • Brent stays above $107, unmoved by China data Monday, 31 Mar 2014 | 11:08 PM ET

    SINGAPORE, April 1- Brent crude held above $107 a barrel on Tuesday, unmoved by manufacturing data from China that was in line with forecasts as traders await U.S. jobs figures later this week to assess global economic health and fuel demand. May Brent crude was at $107.67 a barrel, down 9 cents by 0244 GMT.

  • SHANGHAI, April 1- A small construction materials company has defaulted on an interest payment on 180 million yuan worth of bonds, a national newspaper said on Tuesday, a few weeks after China's first-ever domestic bond default.

  • *Tokyo to export arms to serve peace, Japan's security. In a move likely to anger China, where bitter memories of Japan's past militarism run deep, the government decided to allow arms exports and participation in joint weapons development and production when they serve international peace and Japan's security.

  • TOKYO, April 1- Asian shares hit four-month high on Tuesday after China's official PMI survey showed manufacturing managed to continue expanding in March, and dovish comments from Federal Reserve Chair Janet Yellen. MSCI's broadest index of Asia-Pacific shares outside Japan rose by up to 0.3 percent to reach its highest level since early December.

  • *Nikkei choppy as risk appetite is capped by BOJ tankan's weak outlook. *Utility stocks drop on Hokkaido Electric's capital injection report.

  • March 31- Eli Lilly was successful in a crucial legal battle on Monday when a U.S. The court said the defendants, Teva Pharmaceutical Industries Ltd, APP Pharmaceutical, now known as Fresenius Kabi USA LLC, Barr Laboratories Inc and Pliva Hrvatska D.O.O., failed to show by clear evidence that the asserted claims of the' 209 Patent are invalid.

  • SINGAPORE, April 1- London copper gained for a third session in four on Tuesday to trade near three-week highs, after improved data on China's manufacturing sector helped calm worries over the state of the world's No. 2 economy and top copper user.

  • TOKYO, April 1- Japanese wage earners' total cash earnings were unchanged in February from a year earlier and, in a possible sign of thaw in sluggish growth in salaries, winter bonuses rose for the first time in five years, data showed on Tuesday.

  • *China growth revised down to 7.5 pct in 2014, 7.4 in 2015. MANILA, April 1- Developing Asia is poised to sustain its current growth momentum and is well positioned to manage risks coming from a slightly slower Chinese economy and possible uneven demand from major industrialised nations, the Asian Development Bank said.

  • BEIJING, April 1- Activity in China's factory sector edged up slightly in March, a government survey showed, though the figure is unlikely to dispel concerns that the world's second-largest economy slowed more than expected in the first quarter.

  • OkCupid visitors who accessed the website through Firefox on Monday were told in a message to use other browsers such as Microsoft Corp's Internet Explorer or Google Inc's Chrome.

  • *10 planes, nine ships resume hunt west of Perth. Painstaking analysis of radar data and limited satellite information has focused the search on a vast, inhospitable swathe of the southern Indian Ocean west of the Australian city of Perth, but has so far failed to spot any sign of it.

  • China March official manufacturing PMI rises to 50.3 Monday, 31 Mar 2014 | 9:02 PM ET

    BEIJING, April 1- Activity in China's factory sector edged up slightly in March, a government survey showed, though the figure is unlikely to dispel concerns that the world's second-largest economy is facing a slow first quarter. The official Purchasing Managers' Index grew to 50.3 in March from February's 50.2, the National Bureau of Statistics said on Tuesday.

  • SEOUL, April 1- South Korea's exports grew more strongly than expected last month while a private survey showed a pickup in manufacturing sector activity, suggesting that Asia's fourth-largest economy continues to recover.