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Asian shares stage patchy recovery but volatility remains high Asian shares stage patchy recovery but volatility remains high Japan`s Nikkei rose for the first time in four days, gaining 1.4 percent, while South Korea`s Kospi edge up 0.4 percent, although MSCI`s broadest index of Asia-Pacific shares outside Japan erased early gains.
European Commission approves Shell's purchase of BG Group European Commission approves Shell's purchase of BG Group The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.
Ex-tabloid editor Rebekah Brooks returns as News Corp UK chief Ex-tabloid editor Rebekah Brooks returns as News Corp UK chief British ex-editor Rebekah Brooks, the fiery redhead who resigned over a tabloid phone-hacking scandal, will return to Rupert Murdoch`s News Corp as head of its UK division, the company said on Wednesday.
Venezuela announces $5-bn Chinese loan for oil sector Venezuela announces $5-bn Chinese loan for oil sector Venezuelan President Nicolas Maduro announced China has granted his government a $5-billion loan to boost oil output in the recession-hit OPEC state.
Greece raises 1.4 bn euros in six-month treasury bill sale Greece raises 1.4 bn euros in six-month treasury bill sale Greece raised Wednesday 1.137 billion euros ($1.280 billion) in an auction of six-month treasury bills at the same 2.97 percent interest rate it last sold them at last month, the Greek Public Debt Management Agency said.
US private sector adds 190,000 jobs in August US private sector adds 190,000 jobs in August The US private sector saw a slight bump in job growth in August, keeping in line with the year`s trend in an improving labor market, payroll firm ADP said Wednesday.
Spanish jobless claims rise for first time in 7 months Spanish jobless claims rise for first time in 7 months Jobless claims increased last month by 21,679, or 0.54 percent, to 4.07 million, the labour ministry said in a statement.
China's AIIB to offer loans with fewer strings attached: Sources China's AIIB to offer loans with fewer strings attached: Sources China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.
USIBC applauds ruling on minimum alternative tax USIBC applauds ruling on minimum alternative tax This decision reduces tax uncertainty for FIIs and will result in increased investment into India, the USIBC said in a statement.
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